Italy vs Lower middle income: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Italy
- Lower middle income
How they compare
Lower middle income currently reports 6.85 trillion constant 2015 US$ against 1.84 trillion constant 2015 US$ in Italy, a difference of 5.01 trillion constant 2015 US$.
That makes Lower middle income's figure about 3.7 times Italy's.
The two have swapped places 1 time across 56 shared years of data; in 1970 it was Italy ahead.
Italy ranks 6th and Lower middle income ranks 4th of 193 countries.
Across the 6 decades both report, Italy averaged higher in 2 and Lower middle income in 4.
Head to head by decade
| Decade | Italy | Lower middle income | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 875.86 billion constant 2015 US$ | 649.74 billion constant 2015 US$ | 226.12 billion constant 2015 US$ | Italy |
| 1980s | 1.18 trillion constant 2015 US$ | 973.17 billion constant 2015 US$ | 210.78 billion constant 2015 US$ | Italy |
| 1990s | 1.46 trillion constant 2015 US$ | 1.47 trillion constant 2015 US$ | 12.92 billion constant 2015 US$ | Lower middle income |
| 2000s | 1.69 trillion constant 2015 US$ | 2.47 trillion constant 2015 US$ | 775.06 billion constant 2015 US$ | Lower middle income |
| 2010s | 1.67 trillion constant 2015 US$ | 4.33 trillion constant 2015 US$ | 2.66 trillion constant 2015 US$ | Lower middle income |
| 2020s | 1.77 trillion constant 2015 US$ | 5.99 trillion constant 2015 US$ | 4.22 trillion constant 2015 US$ | Lower middle income |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross value added at basic prices (gva), Italy or Lower middle income?
- Lower middle income, at 6.85 trillion constant 2015 US$ against 1.84 trillion constant 2015 US$ in Italy as of 2025.
- What is the difference in gross value added at basic prices (gva) between Italy and Lower middle income?
- 5.01 trillion constant 2015 US$, with Lower middle income ahead.
- How many years of comparable data are there for Italy and Lower middle income?
- 56 years are reported by both, from 1970 to 2025.
- How do Italy and Lower middle income rank globally for gross value added at basic prices (gva)?
- Italy ranks 6th and Lower middle income ranks 4th of 193 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross value added at basic prices (GVA) (constant 2015 US$). 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.