Gross value added at basic prices (GVA) in United States

United States: Gross value added at basic prices (GVA) was 22.49 trillion current LCU in 2021. ◆ Volatile

Latest (2021)
22.49 trillion current LCU
Change on year
up 10.5%
World rank
41st
of 206 countries
All-time high
22.49 trillion current LCU
in 2021
All-time low
986.67 billion current LCU
in 1970
Years of data
52
1970–2021

Gross value added at basic prices (GVA) in United States, 1970–2021

05.0T10.0T15.0T20.0T197019952021

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.

Analysis

United States recorded 22.49 trillion current LCU for gross value added at basic prices (gva) in 2021. That is the highest value across all 52 years on record.

That represents a change of up 10.5% on the previous year and up 49.4% over ten years.

Over the whole period, gross value added at basic prices (gva) in United States peaked at 22.49 trillion current LCU in 2021 and was at its lowest, 986.67 billion current LCU, in 1970.

That places United States 41st out of 206 countries with data for 2021, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 1.58 trillion current LCU 986.67 billion current LCU 2.46 trillion current LCU 10
1980s 3.90 trillion current LCU 2.67 trillion current LCU 5.27 trillion current LCU 10
1990s 7.14 trillion current LCU 5.57 trillion current LCU 9.28 trillion current LCU 10
2000s 12.16 trillion current LCU 9.88 trillion current LCU 14.25 trillion current LCU 10
2010s 17.31 trillion current LCU 14.54 trillion current LCU 20.59 trillion current LCU 10
2020s 21.41 trillion current LCU 20.34 trillion current LCU 22.49 trillion current LCU 2

Countries ranked near United States

  1. 38 Sri Lanka 28.96 trillion current LCU compare
  2. 39 Philippines 28.01 trillion current LCU compare
  3. 40 Malawi 24.29 trillion current LCU compare
  4. 42 Rwanda 22.14 trillion current LCU compare
  5. 43 Senegal 19.29 trillion current LCU compare
  6. 44 Thailand 18.97 trillion current LCU compare

See the full ranking of 206 places →

More economy & growth data for United States

All data for United States →

Frequently asked questions

What is gross value added at basic prices (gva) in United States?
Gross value added at basic prices (gva) in United States was 22.49 trillion current LCU in 2021, 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 United States?
The highest recorded value was 22.49 trillion current LCU in 2021.
What is the lowest gross value added at basic prices (gva) recorded in United States?
The lowest recorded value was 986.67 billion current LCU in 1970.
How does United States rank for gross value added at basic prices (gva)?
United States ranks 41st out of 206 countries with data for 2021.
Is gross value added at basic prices (gva) rising or falling in United States?
Over the last ten years it is up 49.4%. The long-run trend across the full record is volatile.
Where does this United States 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) (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross value added at basic prices (GVA) (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
206 places, 9,147 data points, 1960–2025
Last refreshed

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 series is expressed in local currency units.