Japan vs World: Gross value added at basic prices (GVA)

Japan
4.16 trillion current US$
in 2024
World
97.78 trillion current US$
in 2024
Japan rank
3rd
World rank
1st

Gross value added at basic prices (GVA) over time

  • Japan
  • World
020.0T40.0T60.0T80.0T100.0T197019972024

How they compare

World currently reports 97.78 trillion current US$ against 4.16 trillion current US$ in Japan, a difference of 93.62 trillion current US$.

That makes World's figure about 23.5 times Japan's.

Across all 55 years both countries report, World has been ahead every year.

Japan ranks 3rd and World ranks 1st of 204 countries.

World has averaged higher in every one of the 6 decades both report.

Head to head by decade

Decade Japan World Difference Ahead
1970s 579.60 billion current US$ 6.50 trillion current US$ 5.92 trillion current US$ World
1980s 1.87 trillion current US$ 15.68 trillion current US$ 13.80 trillion current US$ World
1990s 4.48 trillion current US$ 30.82 trillion current US$ 26.34 trillion current US$ World
2000s 4.78 trillion current US$ 48.64 trillion current US$ 43.86 trillion current US$ World
2010s 5.35 trillion current US$ 73.80 trillion current US$ 68.45 trillion current US$ World
2020s 4.66 trillion current US$ 89.48 trillion current US$ 84.83 trillion current US$ World

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross value added at basic prices (gva), Japan or World?
World, at 97.78 trillion current US$ against 4.16 trillion current US$ in Japan as of 2024.
What is the difference in gross value added at basic prices (gva) between Japan and World?
93.62 trillion current US$, with World ahead.
How many years of comparable data are there for Japan and World?
55 years are reported by both, from 1970 to 2024.
How do Japan and World rank globally for gross value added at basic prices (gva)?
Japan ranks 3rd and World ranks 1st of 204 countries.
Where does this data come from?
Country official statistics, National Statistical Offices (NSOs), published as Gross value added at basic prices (GVA) (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

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.