Gross value added at basic prices (GVA) in Italy

Italy: Gross value added at basic prices (GVA) was 1.74 trillion constant LCU in 2025. ▲ Rising

Latest (2025)
1.74 trillion constant LCU
Change on year
up 0.4%
World rank
77th
of 197 countries
All-time high
1.74 trillion constant LCU
in 2025
All-time low
697.77 billion constant LCU
in 1970
Years of data
56
1970–2025

Gross value added at basic prices (GVA) in Italy, 1970–2025

0500.0B1.0T1.5T197019972025

Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.

Analysis

In 2025, gross value added at basic prices (gva) in Italy stood at 1.74 trillion constant LCU. That is the highest value across all 56 years on record.

Compared with earlier readings it is up 0.4% on the previous year and up 12.2% over ten years.

Over the whole period, gross value added at basic prices (gva) in Italy peaked at 1.74 trillion constant LCU in 2025 and was at its lowest, 697.77 billion constant LCU, in 1970.

Italy ranks 77th of 197 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 56 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1970s 829.13 billion constant LCU 697.77 billion constant LCU 989.03 billion constant LCU 10
1980s 1.12 trillion constant LCU 1.03 trillion constant LCU 1.28 trillion constant LCU 10
1990s 1.38 trillion constant LCU 1.30 trillion constant LCU 1.48 trillion constant LCU 10
2000s 1.60 trillion constant LCU 1.54 trillion constant LCU 1.67 trillion constant LCU 10
2010s 1.58 trillion constant LCU 1.54 trillion constant LCU 1.63 trillion constant LCU 10
2020s 1.67 trillion constant LCU 1.50 trillion constant LCU 1.74 trillion constant LCU 6

Countries ranked near Italy

  1. 74 Albania 1.83 trillion constant LCU compare
  2. 75 Ukraine 1.81 trillion constant LCU compare
  3. 76 United Arab Emirates 1.78 trillion constant LCU compare
  4. 78 Jamaica 1.72 trillion constant LCU compare
  5. 79 Uruguay 1.72 trillion constant LCU compare
  6. 80 Malaysia 1.71 trillion constant LCU compare

See the full ranking of 197 places →

More economy & growth data for Italy

All data for Italy →

Frequently asked questions

What is gross value added at basic prices (gva) in Italy?
Gross value added at basic prices (gva) in Italy was 1.74 trillion constant LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest gross value added at basic prices (gva) recorded in Italy?
The highest recorded value was 1.74 trillion constant LCU in 2025.
What is the lowest gross value added at basic prices (gva) recorded in Italy?
The lowest recorded value was 697.77 billion constant LCU in 1970.
How does Italy rank for gross value added at basic prices (gva)?
Italy ranks 77th out of 197 countries with data for 2025.
Is gross value added at basic prices (gva) rising or falling in Italy?
Over the last ten years it is up 12.2%. The long-run trend across the full record is rising.
Where does this Italy data come from?
The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross value added at basic prices (GVA) (constant LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross value added at basic prices (GVA) (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
197 places, 8,338 data points, 1960–2025
Last refreshed

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 constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.