India vs Italy: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- India
- Italy
How they compare
India currently reports 3.59 trillion current US$ against 2.28 trillion current US$ in Italy, a difference of 1.31 trillion current US$.
That makes India's figure about 1.6 times Italy's.
The two have swapped places 1 time across 56 shared years of data; in 1970 it was Italy ahead.
India ranks 5th and Italy ranks 8th of 204 countries.
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 indicator is expressed in United States dollars.