Gross value added at basic prices (GVA) (constant LCU) in Italy
Italy: Gross value added at basic prices (GVA) (constant LCU) was 1.74 trillion constant LCU in 2025. ▲ Rising
Gross value added at basic prices (GVA) in Italy, 1970–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
In 2025, gross value added at basic prices (gva) in Italy stood at 1.74 trillion constant LCU. That is the highest value across all 56 years on record.
Compared with earlier readings it is 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 1.74 trillion constant LCU in 2025 and was at its lowest, 697.77 billion constant LCU, in 1970.
Italy ranks 77th of 198 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 56 years of available data.
Gross value added at basic prices (GVA) (constant LCU) in Italy, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1970 | 697.77 billion constant LCU | — |
| 1971 | 710.45 billion constant LCU | +1.8% |
| 1972 | 736.48 billion constant LCU | +3.7% |
| 1973 | 789.54 billion constant LCU | +7.2% |
| 1974 | 836.51 billion constant LCU | +5.9% |
| 1975 | 819.58 billion constant LCU | -2.0% |
| 1976 | 878.01 billion constant LCU | +7.1% |
| 1977 | 902.09 billion constant LCU | +2.7% |
| 1978 | 931.83 billion constant LCU | +3.3% |
| 1979 | 989.03 billion constant LCU | +6.1% |
| 1980 | 1.03 trillion constant LCU | +3.7% |
| 1981 | 1.03 trillion constant LCU | +0.8% |
| 1982 | 1.04 trillion constant LCU | +0.5% |
| 1983 | 1.05 trillion constant LCU | +1.3% |
| 1984 | 1.09 trillion constant LCU | +3.3% |
| 1985 | 1.12 trillion constant LCU | +2.9% |
| 1986 | 1.15 trillion constant LCU | +2.7% |
| 1987 | 1.19 trillion constant LCU | +3.2% |
| 1988 | 1.24 trillion constant LCU | +4.2% |
| 1989 | 1.28 trillion constant LCU | +3.5% |
| 1990 | 1.30 trillion constant LCU | +1.9% |
| 1991 | 1.32 trillion constant LCU | +1.5% |
| 1992 | 1.33 trillion constant LCU | +0.8% |
| 1993 | 1.33 trillion constant LCU | -0.5% |
| 1994 | 1.36 trillion constant LCU | +2.3% |
| 1995 | 1.40 trillion constant LCU | +2.9% |
| 1996 | 1.41 trillion constant LCU | +1.4% |
| 1997 | 1.44 trillion constant LCU | +1.7% |
| 1998 | 1.46 trillion constant LCU | +1.6% |
| 1999 | 1.48 trillion constant LCU | +1.6% |
| 2000 | 1.54 trillion constant LCU | +3.9% |
| 2001 | 1.57 trillion constant LCU | +1.9% |
| 2002 | 1.58 trillion constant LCU | +0.4% |
| 2003 | 1.58 trillion constant LCU | +0.0% |
| 2004 | 1.60 trillion constant LCU | +1.7% |
| 2005 | 1.62 trillion constant LCU | +0.8% |
| 2006 | 1.65 trillion constant LCU | +1.9% |
| 2007 | 1.67 trillion constant LCU | +1.6% |
| 2008 | 1.66 trillion constant LCU | -0.8% |
| 2009 | 1.57 trillion constant LCU | -5.5% |
| 2010 | 1.60 trillion constant LCU | +1.8% |
| 2011 | 1.61 trillion constant LCU | +0.8% |
| 2012 | 1.56 trillion constant LCU | -2.8% |
| 2013 | 1.54 trillion constant LCU | -1.5% |
| 2014 | 1.54 trillion constant LCU | -0.1% |
| 2015 | 1.55 trillion constant LCU | +0.9% |
| 2016 | 1.58 trillion constant LCU | +1.4% |
| 2017 | 1.60 trillion constant LCU | +1.8% |
| 2018 | 1.62 trillion constant LCU | +1.0% |
| 2019 | 1.63 trillion constant LCU | +0.7% |
| 2020 | 1.50 trillion constant LCU | -8.3% |
| 2021 | 1.63 trillion constant LCU | +9.0% |
| 2022 | 1.71 trillion constant LCU | +4.9% |
| 2023 | 1.73 trillion constant LCU | +0.9% |
| 2024 | 1.74 trillion constant LCU | +0.5% |
| 2025 | 1.74 trillion constant LCU | +0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 829.13 billion constant LCU | 697.77 billion constant LCU | 989.03 billion constant LCU | 10 |
| 1980s | 1.12 trillion constant LCU | 1.03 trillion constant LCU | 1.28 trillion constant LCU | 10 |
| 1990s | 1.38 trillion constant LCU | 1.30 trillion constant LCU | 1.48 trillion constant LCU | 10 |
| 2000s | 1.60 trillion constant LCU | 1.54 trillion constant LCU | 1.67 trillion constant LCU | 10 |
| 2010s | 1.58 trillion constant LCU | 1.54 trillion constant LCU | 1.63 trillion constant LCU | 10 |
| 2020s | 1.67 trillion constant LCU | 1.50 trillion constant LCU | 1.74 trillion constant LCU | 6 |
Countries ranked near Italy
More economy & growth data for Italy
- Real gdp growth, annual growth rate -31.03 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate 4.59 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0116 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 502.25 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.3992 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0085 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 366.74 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 2.39 % 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 1.74 trillion constant LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Italy?
- The highest recorded value was 1.74 trillion constant LCU in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Italy?
- The lowest recorded value was 697.77 billion constant LCU in 1970.
- How does Italy rank for gross value added at basic prices (gva)?
- Italy ranks 77th out of 198 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 Offices (NSOs), published as part of Gross value added at basic prices (GVA) (constant LCU). 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 varies by country. This series is expressed in local currency units.