Gross value added at basic prices (GVA) in Italy

Italy: Gross value added at basic prices (GVA) was 2.28 trillion current US$ in 2025. ◆ Volatile

Latest (2025)
2.28 trillion current US$
Change on year
up 6.8%
World rank
8th
of 206 countries
All-time high
2.28 trillion current US$
in 2025
All-time low
103.96 billion current US$
in 1970
Years of data
56
1970–2025

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

0500.0B1.0T1.5T2.0T2.5T197019972025

Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.

Analysis

Italy recorded 2.28 trillion current US$ for gross value added at basic prices (gva) in 2025. That is the highest value across all 56 years on record.

The figure is up 6.8% on the previous year and up 38.7% over ten years.

Over the whole period, gross value added at basic prices (gva) in Italy peaked at 2.28 trillion current US$ in 2025 and was at its lowest, 103.96 billion current US$, in 1970.

Italy ranks 8th of 206 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 204.49 billion current US$ 103.96 billion current US$ 373.42 billion current US$ 10
1980s 554.09 billion current US$ 402.74 billion current US$ 857.77 billion current US$ 10
1990s 1.10 trillion current US$ 970.87 billion current US$ 1.20 trillion current US$ 10
2000s 1.59 trillion current US$ 1.03 trillion current US$ 2.18 trillion current US$ 10
2010s 1.84 trillion current US$ 1.64 trillion current US$ 2.06 trillion current US$ 10
2020s 2.01 trillion current US$ 1.71 trillion current US$ 2.28 trillion current US$ 6

Countries ranked near Italy

  1. 5 India 3.59 trillion current US$ compare
  2. 6 France 3.00 trillion current US$ compare
  3. 7 Russia 2.35 trillion current US$ compare
  4. 9 Canada 2.18 trillion current US$ compare
  5. 10 Brazil 1.96 trillion current US$ compare
  6. 11 South Korea 1.74 trillion current US$ compare

See the full ranking of 244 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 2.28 trillion current US$ 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 2.28 trillion current US$ in 2025.
What is the lowest gross value added at basic prices (gva) recorded in Italy?
The lowest recorded value was 103.96 billion current US$ in 1970.
How does Italy rank for gross value added at basic prices (gva)?
Italy ranks 8th out of 206 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 38.7%. The long-run trend across the full record is volatile.
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) (current US$). Statizoid updates them automatically from the source API.

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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

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.