Australia vs Italy: Gross value added at basic prices (GVA)

Australia

2.60 trillion current LCU

in 2025

Italy

2.01 trillion current LCU

in 2025

Australia rank

82nd

Italy rank

85th

Gross value added at basic prices (GVA) over time

Australia
Italy

How they compare

Australia currently reports 2.60 trillion current LCU against 2.01 trillion current LCU in Italy, a difference of 587.69 billion current LCU.

That makes Australia's figure about 1.3 times Italy's.

The two have swapped places 1 time across 36 shared years of data; in 1990 it was Italy ahead.

Globally, Australia ranks 82nd and Italy ranks 85th of 206 countries.

Individual pages

About this data

Indicator: Gross value added at basic prices (GVA) (current LCU)
Unit: current LCU
Source: Country official statistics, National Statistical Organizations and/or Central Banks
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 206 places, 9,147 data points, 1960–2025
Last refreshed: 06 August 2026

Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.