Italy vs North America: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Italy
- North America
How they compare
North America currently reports 24.38 trillion current US$ against 2.28 trillion current US$ in Italy, a difference of 22.10 trillion current US$.
That makes North America's figure about 10.7 times Italy's.
Across all 52 years both countries report, North America has been ahead every year.
Italy ranks 8th and North America ranks 6th of 206 countries.
North America has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Italy | North America | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 204.49 billion current US$ | 1.74 trillion current US$ | 1.53 trillion current US$ | North America |
| 1980s | 554.09 billion current US$ | 4.26 trillion current US$ | 3.70 trillion current US$ | North America |
| 1990s | 1.10 trillion current US$ | 7.72 trillion current US$ | 6.62 trillion current US$ | North America |
| 2000s | 1.59 trillion current US$ | 13.19 trillion current US$ | 11.60 trillion current US$ | North America |
| 2010s | 1.84 trillion current US$ | 18.92 trillion current US$ | 17.07 trillion current US$ | North America |
| 2020s | 1.83 trillion current US$ | 23.14 trillion current US$ | 21.32 trillion current US$ | North America |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross value added at basic prices (gva), Italy or North America?
- North America, at 24.38 trillion current US$ against 2.28 trillion current US$ in Italy as of 2021.
- What is the difference in gross value added at basic prices (gva) between Italy and North America?
- 22.10 trillion current US$, with North America ahead.
- How many years of comparable data are there for Italy and North America?
- 52 years are reported by both, from 1970 to 2021.
- How do Italy and North America rank globally for gross value added at basic prices (gva)?
- Italy ranks 8th and North America ranks 6th of 206 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross value added at basic prices (GVA) (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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.