Australia vs Italy: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Australia
- Italy
How they compare
Australia currently reports 2.60 trillion current LCU against 2.01 trillion current LCU in Italy, a difference of 587.69 billion current LCU.
That makes Australia's figure about 1.3 times Italy's.
The two have swapped places 1 time across 36 shared years of data; in 1990 it was Italy ahead.
Australia ranks 82nd and Italy ranks 85th of 206 countries.
Across the 4 decades both report, Australia averaged higher in 2 and Italy in 2.
Head to head by decade
| Decade | Australia | Italy | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 456.49 billion current LCU | 869.29 billion current LCU | 412.81 billion current LCU | Italy |
| 2000s | 852.79 billion current LCU | 1.32 trillion current LCU | 466.49 billion current LCU | Italy |
| 2010s | 1.52 trillion current LCU | 1.50 trillion current LCU | 14.60 billion current LCU | Australia |
| 2020s | 2.26 trillion current LCU | 1.81 trillion current LCU | 447.97 billion current LCU | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross value added at basic prices (gva), Australia or Italy?
- Australia, at 2.60 trillion current LCU against 2.01 trillion current LCU in Italy as of 2025.
- What is the difference in gross value added at basic prices (gva) between Australia and Italy?
- 587.69 billion current LCU, with Australia ahead.
- How many years of comparable data are there for Australia and Italy?
- 36 years are reported by both, from 1990 to 2025.
- How do Australia and Italy rank globally for gross value added at basic prices (gva)?
- Australia ranks 82nd and Italy ranks 85th of 206 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) (current LCU). 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.