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

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

Latest (2021)
22.49 trillion current US$
Change on year
up 10.5%
World rank
1st
of 206 countries
All-time high
22.49 trillion current US$
in 2021
All-time low
986.67 billion current US$
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 Offices (NSOs). Measured in current US$.

Analysis

The most recent figure for gross value added at basic prices (gva) in United States is 22.49 trillion current US$, measured 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 US$ in 2021 and was at its lowest, 986.67 billion current US$, in 1970.

United States ranks 1st of 206 countries on this measure, in the top 10%.

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 US$ 986.67 billion current US$ 2.46 trillion current US$ 10
1980s 3.90 trillion current US$ 2.67 trillion current US$ 5.27 trillion current US$ 10
1990s 7.14 trillion current US$ 5.57 trillion current US$ 9.28 trillion current US$ 10
2000s 12.16 trillion current US$ 9.88 trillion current US$ 14.25 trillion current US$ 10
2010s 17.31 trillion current US$ 14.54 trillion current US$ 20.59 trillion current US$ 10
2020s 21.41 trillion current US$ 20.34 trillion current US$ 22.49 trillion current US$ 2

Countries ranked near United States

  1. 2 Germany 4.57 trillion current US$ compare
  2. 3 Japan 4.16 trillion current US$ compare
  3. 4 United Kingdom 3.61 trillion current US$ compare

See the full ranking of 244 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 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 United States?
The highest recorded value was 22.49 trillion current US$ 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 US$ in 1970.
How does United States rank for gross value added at basic prices (gva)?
United States ranks 1st 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 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

Indicator
Gross value added at basic prices (GVA) (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
244 places, 10,967 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 indicator is expressed in United States dollars.