Italy vs Russia: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Italy
- Russia
How they compare
Russia currently reports 2.35 trillion current US$ against 2.28 trillion current US$ in Italy, a difference of 69.87 billion current US$.
The two have swapped places 5 times across 37 shared years of data; in 1989 it was Italy ahead.
Italy ranks 8th and Russia ranks 7th of 204 countries.
Italy has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Italy | Russia | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 857.77 billion current US$ | 470.12 billion current US$ | 387.65 billion current US$ | Italy |
| 1990s | 1.10 trillion current US$ | 371.11 billion current US$ | 732.05 billion current US$ | Italy |
| 2000s | 1.59 trillion current US$ | 680.03 billion current US$ | 908.73 billion current US$ | Italy |
| 2010s | 1.84 trillion current US$ | 1.56 trillion current US$ | 285.35 billion current US$ | Italy |
| 2020s | 2.01 trillion current US$ | 1.88 trillion current US$ | 123.55 billion current US$ | Italy |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross value added at basic prices (gva), Italy or Russia?
- Russia, at 2.35 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 Italy and Russia?
- 69.87 billion current US$, with Russia ahead.
- How many years of comparable data are there for Italy and Russia?
- 37 years are reported by both, from 1989 to 2025.
- How do Italy and Russia rank globally for gross value added at basic prices (gva)?
- Italy ranks 8th and Russia ranks 7th of 204 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross value added at basic prices (GVA) (current US$). 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.