Europe & Central Asia (IDA & IBRD countries) vs Italy: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Europe & Central Asia (IDA & IBRD countries)
- Italy
How they compare
Europe & Central Asia (IDA & IBRD countries) currently reports 6.36 trillion current US$ against 2.28 trillion current US$ in Italy, a difference of 4.08 trillion current US$.
That makes Europe & Central Asia (IDA & IBRD countries)'s figure about 2.8 times Italy's.
The two have swapped places 2 times across 37 shared years of data; in 1989 it was Europe & Central Asia (IDA & IBRD countries) ahead.
Europe & Central Asia (IDA & IBRD countries) ranks 13th and Italy ranks 8th of 38 groups.
Across the 5 decades both report, Europe & Central Asia (IDA & IBRD countries) averaged higher in 4 and Italy in 1.
Head to head by decade
| Decade | Europe & Central Asia (IDA & IBRD countries) | Italy | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 969.40 billion current US$ | 857.77 billion current US$ | 111.63 billion current US$ | Europe & Central Asia (IDA & IBRD countries) |
| 1990s | 909.47 billion current US$ | 1.10 trillion current US$ | 193.69 billion current US$ | Italy |
| 2000s | 1.79 trillion current US$ | 1.59 trillion current US$ | 204.62 billion current US$ | Europe & Central Asia (IDA & IBRD countries) |
| 2010s | 3.69 trillion current US$ | 1.84 trillion current US$ | 1.85 trillion current US$ | Europe & Central Asia (IDA & IBRD countries) |
| 2020s | 4.88 trillion current US$ | 2.01 trillion current US$ | 2.87 trillion current US$ | Europe & Central Asia (IDA & IBRD countries) |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross value added at basic prices (gva), Europe & Central Asia (IDA & IBRD countries) or Italy?
- Europe & Central Asia (IDA & IBRD countries), at 6.36 trillion current US$ against 2.28 trillion current US$ in Italy as of 2025.
- What is the difference in gross value added at basic prices (gva) between Europe & Central Asia (IDA & IBRD countries) and Italy?
- 4.08 trillion current US$, with Europe & Central Asia (IDA & IBRD countries) ahead.
- How many years of comparable data are there for Europe & Central Asia (IDA & IBRD countries) and Italy?
- 37 years are reported by both, from 1989 to 2025.
- How do Europe & Central Asia (IDA & IBRD countries) and Italy rank globally for gross value added at basic prices (gva)?
- Europe & Central Asia (IDA & IBRD countries) ranks 13th and Italy ranks 8th of 38 groups.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross value added at basic prices (GVA) (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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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 indicator is expressed in United States dollars.