Gross value added at basic prices (GVA) in Italy
Italy: Gross value added at basic prices (GVA) was 2.28 trillion current US$ in 2025. ◆ Volatile
Latest (2025)
2.28 trillion current US$
Change on year
up 6.8%
World rank
8th
of 207 countries
All-time high
2.28 trillion current US$
in 2025
All-time low
103.96 billion current 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 Offices (NSOs). Measured in current US$.
Analysis
Italy recorded 2.28 trillion current US$ for gross value added at basic prices (gva) in 2025. That is the highest value across all 56 years on record.
The figure is up 6.8% on the previous year and up 38.7% over ten years.
Over the whole period, gross value added at basic prices (gva) in Italy peaked at 2.28 trillion current US$ in 2025 and was at its lowest, 103.96 billion current US$, in 1970.
Italy ranks 8th of 207 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) in Italy, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 103.96 billion current US$ | — |
| 1971 | 114.75 billion current US$ | +10.4% |
| 1972 | 134.81 billion current US$ | +17.5% |
| 1973 | 163.47 billion current US$ | +21.3% |
| 1974 | 186.18 billion current US$ | +13.9% |
| 1975 | 216.86 billion current US$ | +16.5% |
| 1976 | 212.29 billion current US$ | -2.1% |
| 1977 | 242.34 billion current US$ | +14.2% |
| 1978 | 296.80 billion current US$ | +22.5% |
| 1979 | 373.42 billion current US$ | +25.8% |
| 1980 | 450.28 billion current US$ | +20.6% |
| 1981 | 408.35 billion current US$ | -9.3% |
| 1982 | 402.74 billion current US$ | -1.4% |
| 1983 | 414.55 billion current US$ | +2.9% |
| 1984 | 410.09 billion current US$ | -1.1% |
| 1985 | 424.34 billion current US$ | +3.5% |
| 1986 | 599.63 billion current US$ | +41.3% |
| 1987 | 749.22 billion current US$ | +24.9% |
| 1988 | 823.97 billion current US$ | +10.0% |
| 1989 | 857.77 billion current US$ | +4.1% |
| 1990 | 1.08 trillion current US$ | +26.1% |
| 1991 | 1.13 trillion current US$ | +4.9% |
| 1992 | 1.20 trillion current US$ | +5.7% |
| 1993 | 970.87 billion current US$ | -19.0% |
| 1994 | 1.00 trillion current US$ | +3.1% |
| 1995 | 1.06 trillion current US$ | +6.3% |
| 1996 | 1.19 trillion current US$ | +12.0% |
| 1997 | 1.12 trillion current US$ | -5.8% |
| 1998 | 1.14 trillion current US$ | +1.7% |
| 1999 | 1.12 trillion current US$ | -1.6% |
| 2000 | 1.03 trillion current US$ | -8.3% |
| 2001 | 1.06 trillion current US$ | +2.4% |
| 2002 | 1.15 trillion current US$ | +9.4% |
| 2003 | 1.43 trillion current US$ | +23.9% |
| 2004 | 1.63 trillion current US$ | +14.2% |
| 2005 | 1.68 trillion current US$ | +2.7% |
| 2006 | 1.75 trillion current US$ | +4.4% |
| 2007 | 1.99 trillion current US$ | +13.8% |
| 2008 | 2.18 trillion current US$ | +9.3% |
| 2009 | 1.99 trillion current US$ | -8.6% |
| 2010 | 1.92 trillion current US$ | -3.4% |
| 2011 | 2.06 trillion current US$ | +7.2% |
| 2012 | 1.87 trillion current US$ | -9.2% |
| 2013 | 1.92 trillion current US$ | +2.7% |
| 2014 | 1.93 trillion current US$ | +0.6% |
| 2015 | 1.64 trillion current US$ | -15.0% |
| 2016 | 1.68 trillion current US$ | +2.2% |
| 2017 | 1.75 trillion current US$ | +4.5% |
| 2018 | 1.87 trillion current US$ | +6.6% |
| 2019 | 1.80 trillion current US$ | -3.9% |
| 2020 | 1.71 trillion current US$ | -4.8% |
| 2021 | 1.94 trillion current US$ | +13.8% |
| 2022 | 1.89 trillion current US$ | -2.9% |
| 2023 | 2.08 trillion current US$ | +10.2% |
| 2024 | 2.13 trillion current US$ | +2.4% |
| 2025 | 2.28 trillion current US$ | +6.8% |
Italy compared with similar countries
- Italy's 2.28 trillion current US$ is above the median for high income countries, which is 110.20 billion current US$, 20.7× the median. (77 countries reporting)
- Italy's 2.28 trillion current US$ is above the median for Europe & Central Asia, which is 89.25 billion current US$, 25.5× the median. (56 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 204.49 billion current US$ | 103.96 billion current US$ | 373.42 billion current US$ | 10 |
| 1980s | 554.09 billion current US$ | 402.74 billion current US$ | 857.77 billion current US$ | 10 |
| 1990s | 1.10 trillion current US$ | 970.87 billion current US$ | 1.20 trillion current US$ | 10 |
| 2000s | 1.59 trillion current US$ | 1.03 trillion current US$ | 2.18 trillion current US$ | 10 |
| 2010s | 1.84 trillion current US$ | 1.64 trillion current US$ | 2.06 trillion current US$ | 10 |
| 2020s | 2.01 trillion current US$ | 1.71 trillion current US$ | 2.28 trillion current US$ | 6 |
Countries ranked near Italy
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$), annual growth rate 49.38 % change on previous year (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in Italy?
- Gross value added at basic prices (gva) in Italy was 2.28 trillion current US$ 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 2.28 trillion current US$ in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Italy?
- The lowest recorded value was 103.96 billion current US$ in 1970.
- How does Italy rank for gross value added at basic prices (gva)?
- Italy ranks 8th out of 207 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 38.7%. The long-run trend across the full record is volatile.
- 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) (current US$). Statizoid updates them automatically from the source API.
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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.