Italy vs South Korea: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Italy
- South Korea
How they compare
Italy currently reports 1.84 trillion constant 2015 US$ against 1.81 trillion constant 2015 US$ in South Korea, a difference of 36.14 billion constant 2015 US$.
The two have swapped places 2 times across 56 shared years of data; in 1970 it was Italy ahead.
Italy ranks 6th and South Korea ranks 7th of 192 countries.
Italy has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Italy | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 875.86 billion constant 2015 US$ | 98.43 billion constant 2015 US$ | 777.43 billion constant 2015 US$ | Italy |
| 1980s | 1.18 trillion constant 2015 US$ | 229.87 billion constant 2015 US$ | 954.08 billion constant 2015 US$ | Italy |
| 1990s | 1.46 trillion constant 2015 US$ | 540.86 billion constant 2015 US$ | 920.43 billion constant 2015 US$ | Italy |
| 2000s | 1.69 trillion constant 2015 US$ | 959.04 billion constant 2015 US$ | 735.89 billion constant 2015 US$ | Italy |
| 2010s | 1.67 trillion constant 2015 US$ | 1.40 trillion constant 2015 US$ | 269.22 billion constant 2015 US$ | Italy |
| 2020s | 1.77 trillion constant 2015 US$ | 1.72 trillion constant 2015 US$ | 51.73 billion constant 2015 US$ | Italy |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross value added at basic prices (gva), Italy or South Korea?
- Italy, at 1.84 trillion constant 2015 US$ against 1.81 trillion constant 2015 US$ in South Korea as of 2025.
- What is the difference in gross value added at basic prices (gva) between Italy and South Korea?
- 36.14 billion constant 2015 US$, with Italy ahead.
- How many years of comparable data are there for Italy and South Korea?
- 56 years are reported by both, from 1970 to 2025.
- How do Italy and South Korea rank globally for gross value added at basic prices (gva)?
- Italy ranks 6th and South Korea ranks 7th of 192 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross value added at basic prices (GVA) (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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 is 2015. This indicator is expressed in United States dollars.