United Kingdom vs World: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- United Kingdom
- World
How they compare
World currently reports 97.78 trillion current US$ against 3.61 trillion current US$ in United Kingdom, a difference of 94.17 trillion current US$.
That makes World's figure about 27.1 times United Kingdom's.
Across all 55 years both countries report, World has been ahead every year.
United Kingdom ranks 4th and World ranks 1st of 204 countries.
World has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | United Kingdom | World | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 224.27 billion current US$ | 6.50 trillion current US$ | 6.28 trillion current US$ | World |
| 1980s | 567.62 billion current US$ | 15.68 trillion current US$ | 15.11 trillion current US$ | World |
| 1990s | 1.19 trillion current US$ | 30.82 trillion current US$ | 29.63 trillion current US$ | World |
| 2000s | 2.11 trillion current US$ | 48.64 trillion current US$ | 46.53 trillion current US$ | World |
| 2010s | 2.49 trillion current US$ | 73.80 trillion current US$ | 71.31 trillion current US$ | World |
| 2020s | 2.93 trillion current US$ | 89.48 trillion current US$ | 86.56 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), United Kingdom or World?
- World, at 97.78 trillion current US$ against 3.61 trillion current US$ in United Kingdom as of 2024.
- What is the difference in gross value added at basic prices (gva) between United Kingdom and World?
- 94.17 trillion current US$, with World ahead.
- How many years of comparable data are there for United Kingdom and World?
- 55 years are reported by both, from 1970 to 2024.
- How do United Kingdom and World rank globally for gross value added at basic prices (gva)?
- United Kingdom ranks 4th and World ranks 1st of 204 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross value added at basic prices (GVA) (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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.