Gross value added at basic prices (GVA) in High income
High income: Gross value added at basic prices (GVA) was 58.99 trillion current US$ in 2021. ◆ Volatile
Gross value added at basic prices (GVA) in High income, 1970–2021
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
High income recorded 58.99 trillion current US$ for gross value added at basic prices (gva) in 2021. That is the highest value across all 52 years on record.
Compared with earlier readings it is up 11.9% on the previous year and up 21.6% over ten years.
Over the whole period, gross value added at basic prices (gva) in High income peaked at 58.99 trillion current US$ in 2021 and was at its lowest, 2.31 trillion current US$, in 1970.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.53 trillion current US$ | 2.31 trillion current US$ | 7.83 trillion current US$ | 10 |
| 1980s | 11.34 trillion current US$ | 8.74 trillion current US$ | 16.50 trillion current US$ | 10 |
| 1990s | 22.75 trillion current US$ | 18.43 trillion current US$ | 25.90 trillion current US$ | 10 |
| 2000s | 35.02 trillion current US$ | 26.38 trillion current US$ | 45.34 trillion current US$ | 10 |
| 2010s | 49.39 trillion current US$ | 44.64 trillion current US$ | 54.01 trillion current US$ | 10 |
| 2020s | 55.85 trillion current US$ | 52.70 trillion current US$ | 58.99 trillion current US$ | 2 |
More economy & growth data for High income
- Final consumption expenditure 45.91 trillion constant 2015 US$ (2024)
- Manufacturing, value added 8.66 trillion current US$ (2024)
- Agriculture, forestry, and fishing, value added -0.3% (2024)
- Households and NPISHs final consumption expenditure 58.6% (2024)
- Final consumption expenditure 54.90 trillion current US$ (2024)
- Gross national expenditure 71.25 trillion current US$ (2024)
- Exports of goods and services 24.41 trillion current US$ (2025)
- Gross national expenditure 59.50 trillion constant 2015 US$ (2024)
- Households and NPISHs Final consumption expenditure per capita growth 1.4% (2024)
- Final consumption expenditure 2.3% (2024)
Frequently asked questions
- What is gross value added at basic prices (gva) in High income?
- Gross value added at basic prices (gva) in High income was 58.99 trillion current US$ in 2021, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in High income?
- The highest recorded value was 58.99 trillion current US$ in 2021.
- What is the lowest gross value added at basic prices (gva) recorded in High income?
- The lowest recorded value was 2.31 trillion current US$ in 1970.
- Is gross value added at basic prices (gva) rising or falling in High income?
- Over the last ten years it is up 21.6%. The long-run trend across the full record is volatile.
- Where does this High income 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.