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

Italy

2.28 trillion current US$

in 2025

Russia

2.35 trillion current US$

in 2025

Italy rank

8th

Russia rank

7th

Gross value added at basic prices (GVA) over time

Italy
Russia

How they compare

Russia currently reports 2.35 trillion current US$ against 2.28 trillion current US$ in Italy, a difference of 69.87 billion current US$.

The two have swapped places 5 times across 37 shared years of data; in 1989 it was Italy ahead.

Globally, Italy ranks 8th and Russia ranks 7th of 206 countries.

Individual pages

About this data

Indicator: Gross value added at basic prices (GVA) (current US$)
Unit: current US$
Source: Country official statistics, National Statistical Offices (NSOs)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 244 places, 10,967 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 indicator is expressed in United States dollars.