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 7.04 trillion current US$ against 2.28 trillion current US$ in Italy, a difference of 4.76 trillion current US$.
That makes Lower middle income's figure about 3.1 times Italy's.
The two have swapped places 4 times across 56 shared years of data; in 1970 it was Lower middle income ahead.
Italy ranks 8th and Lower middle income ranks 10th 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.