United States vs World: Gross value added at basic prices (GVA) (current US$)
Gross value added at basic prices (GVA) (current US$) over time
- United States
- World
How they compare
World currently reports 97.78 trillion current US$ against 22.49 trillion current US$ in United States, a difference of 75.29 trillion current US$.
That makes World's figure about 4.3 times United States's.
Across all 52 years both countries report, World has been ahead every year.
United States ranks 1st and World ranks 1st of 207 countries.
World has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | United States | World | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 1.58 trillion current US$ | 6.50 trillion current US$ | 4.92 trillion current US$ | World |
| 1980s | 3.90 trillion current US$ | 15.68 trillion current US$ | 11.78 trillion current US$ | World |
| 1990s | 7.14 trillion current US$ | 30.82 trillion current US$ | 23.67 trillion current US$ | World |
| 2000s | 12.16 trillion current US$ | 48.64 trillion current US$ | 36.48 trillion current US$ | World |
| 2010s | 17.31 trillion current US$ | 73.80 trillion current US$ | 56.49 trillion current US$ | World |
| 2020s | 21.41 trillion current US$ | 82.54 trillion current US$ | 61.13 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 States or World?
- World, at 97.78 trillion current US$ against 22.49 trillion current US$ in United States as of 2024.
- What is the difference in gross value added at basic prices (gva) between United States and World?
- 75.29 trillion current US$, with World ahead.
- How many years of comparable data are there for United States and World?
- 52 years are reported by both, from 1970 to 2021.
- How do United States and World rank globally for gross value added at basic prices (gva)?
- United States ranks 1st and World ranks 1st of 207 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross value added at basic prices (GVA) (current US$). 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.