Gross value added at basic prices (GVA) in Italy
Italy: Gross value added at basic prices (GVA) was 1.84 trillion constant 2015 US$ in 2025. ▲ Rising
Latest (2025)
1.84 trillion constant 2015 US$
Change on year
up 0.4%
World rank
6th
of 194 countries
All-time high
1.84 trillion constant 2015 US$
in 2025
All-time low
737.10 billion constant 2015 US$
in 1970
Years of data
56
1970–2025
Gross value added at basic prices (GVA) in Italy, 1970–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gross value added at basic prices (gva) in Italy is 1.84 trillion constant 2015 US$, measured in 2025. That is the highest value across all 56 years on record.
That represents a change of up 0.4% on the previous year and up 12.2% over ten years.
Over the whole period, gross value added at basic prices (gva) in Italy peaked at 1.84 trillion constant 2015 US$ in 2025 and was at its lowest, 737.10 billion constant 2015 US$, in 1970.
That places Italy 6th out of 194 countries with data for 2025, putting it in the top 10%.
The long-run direction has been consistently rising across the 56 years of available data.
Gross value added at basic prices (GVA) in Italy, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1970 | 737.10 billion constant 2015 US$ | — |
| 1971 | 750.49 billion constant 2015 US$ | +1.8% |
| 1972 | 777.99 billion constant 2015 US$ | +3.7% |
| 1973 | 834.04 billion constant 2015 US$ | +7.2% |
| 1974 | 883.66 billion constant 2015 US$ | +5.9% |
| 1975 | 865.77 billion constant 2015 US$ | -2.0% |
| 1976 | 927.49 billion constant 2015 US$ | +7.1% |
| 1977 | 952.93 billion constant 2015 US$ | +2.7% |
| 1978 | 984.35 billion constant 2015 US$ | +3.3% |
| 1979 | 1.04 trillion constant 2015 US$ | +6.1% |
| 1980 | 1.08 trillion constant 2015 US$ | +3.7% |
| 1981 | 1.09 trillion constant 2015 US$ | +0.8% |
| 1982 | 1.10 trillion constant 2015 US$ | +0.5% |
| 1983 | 1.11 trillion constant 2015 US$ | +1.3% |
| 1984 | 1.15 trillion constant 2015 US$ | +3.3% |
| 1985 | 1.18 trillion constant 2015 US$ | +2.9% |
| 1986 | 1.21 trillion constant 2015 US$ | +2.7% |
| 1987 | 1.25 trillion constant 2015 US$ | +3.2% |
| 1988 | 1.31 trillion constant 2015 US$ | +4.2% |
| 1989 | 1.35 trillion constant 2015 US$ | +3.4% |
| 1990 | 1.38 trillion constant 2015 US$ | +1.9% |
| 1991 | 1.40 trillion constant 2015 US$ | +1.5% |
| 1992 | 1.41 trillion constant 2015 US$ | +0.8% |
| 1993 | 1.40 trillion constant 2015 US$ | -0.5% |
| 1994 | 1.43 trillion constant 2015 US$ | +2.3% |
| 1995 | 1.47 trillion constant 2015 US$ | +2.9% |
| 1996 | 1.49 trillion constant 2015 US$ | +1.4% |
| 1997 | 1.52 trillion constant 2015 US$ | +1.7% |
| 1998 | 1.54 trillion constant 2015 US$ | +1.6% |
| 1999 | 1.57 trillion constant 2015 US$ | +1.6% |
| 2000 | 1.63 trillion constant 2015 US$ | +3.9% |
| 2001 | 1.66 trillion constant 2015 US$ | +1.9% |
| 2002 | 1.67 trillion constant 2015 US$ | +0.4% |
| 2003 | 1.67 trillion constant 2015 US$ | +0.0% |
| 2004 | 1.69 trillion constant 2015 US$ | +1.7% |
| 2005 | 1.71 trillion constant 2015 US$ | +0.8% |
| 2006 | 1.74 trillion constant 2015 US$ | +1.9% |
| 2007 | 1.77 trillion constant 2015 US$ | +1.6% |
| 2008 | 1.75 trillion constant 2015 US$ | -0.8% |
| 2009 | 1.66 trillion constant 2015 US$ | -5.5% |
| 2010 | 1.69 trillion constant 2015 US$ | +1.8% |
| 2011 | 1.70 trillion constant 2015 US$ | +0.8% |
| 2012 | 1.65 trillion constant 2015 US$ | -2.8% |
| 2013 | 1.63 trillion constant 2015 US$ | -1.5% |
| 2014 | 1.63 trillion constant 2015 US$ | -0.1% |
| 2015 | 1.64 trillion constant 2015 US$ | +0.9% |
| 2016 | 1.66 trillion constant 2015 US$ | +1.4% |
| 2017 | 1.69 trillion constant 2015 US$ | +1.8% |
| 2018 | 1.71 trillion constant 2015 US$ | +1.0% |
| 2019 | 1.72 trillion constant 2015 US$ | +0.7% |
| 2020 | 1.58 trillion constant 2015 US$ | -8.3% |
| 2021 | 1.72 trillion constant 2015 US$ | +9.0% |
| 2022 | 1.81 trillion constant 2015 US$ | +4.9% |
| 2023 | 1.82 trillion constant 2015 US$ | +0.9% |
| 2024 | 1.83 trillion constant 2015 US$ | +0.5% |
| 2025 | 1.84 trillion constant 2015 US$ | +0.4% |
Italy compared with similar countries
- Italy's 1.84 trillion constant 2015 US$ is above the median for high income countries, which is 96.66 billion constant 2015 US$, 19.0× the median. (69 countries reporting)
- Italy's 1.84 trillion constant 2015 US$ is above the median for Europe & Central Asia, which is 71.18 billion constant 2015 US$, 25.9× the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 875.86 billion constant 2015 US$ | 737.10 billion constant 2015 US$ | 1.04 trillion constant 2015 US$ | 10 |
| 1980s | 1.18 trillion constant 2015 US$ | 1.08 trillion constant 2015 US$ | 1.35 trillion constant 2015 US$ | 10 |
| 1990s | 1.46 trillion constant 2015 US$ | 1.38 trillion constant 2015 US$ | 1.57 trillion constant 2015 US$ | 10 |
| 2000s | 1.69 trillion constant 2015 US$ | 1.63 trillion constant 2015 US$ | 1.77 trillion constant 2015 US$ | 10 |
| 2010s | 1.67 trillion constant 2015 US$ | 1.63 trillion constant 2015 US$ | 1.72 trillion constant 2015 US$ | 10 |
| 2020s | 1.77 trillion constant 2015 US$ | 1.58 trillion constant 2015 US$ | 1.84 trillion constant 2015 US$ | 6 |
Countries ranked near Italy
- 3 Germany 3.30 trillion constant 2015 US$ compare
- 4 United Kingdom 3.02 trillion constant 2015 US$ compare
- 5 France 2.46 trillion constant 2015 US$ compare
- 7 South Korea 1.81 trillion constant 2015 US$ compare
- 8 Brazil 1.78 trillion constant 2015 US$ compare
- 9 Canada 1.77 trillion constant 2015 US$ compare
More economy & growth data for Italy
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.18 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 0.8337 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 22.90 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.009 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 388.75 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 882.91 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -96.9 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0003 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 14.99 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 49.38 % change on previous year (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in Italy?
- Gross value added at basic prices (gva) in Italy was 1.84 trillion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross value added at basic prices (gva) recorded in Italy?
- The highest recorded value was 1.84 trillion constant 2015 US$ in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Italy?
- The lowest recorded value was 737.10 billion constant 2015 US$ in 1970.
- How does Italy rank for gross value added at basic prices (gva)?
- Italy ranks 6th out of 194 countries with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in Italy?
- Over the last ten years it is up 12.2%. The long-run trend across the full record is rising.
- Where does this Italy data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross value added at basic prices (GVA) (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 56 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.