United Kingdom vs United States: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- United Kingdom
- United States
How they compare
United States currently reports 22.49 trillion current US$ against 3.61 trillion current US$ in United Kingdom, a difference of 18.87 trillion current US$.
That makes United States's figure about 6.2 times United Kingdom's.
Across all 52 years both countries report, United States has been ahead every year.
Globally, United Kingdom ranks 4th and United States ranks 1st of 206 countries.
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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.