Gross value added at basic prices (GVA) (constant) … unit GDP 2015 in World
World: Gross value added at basic prices (GVA) (constant) … unit GDP 2015 was 0.7598 constant 2015 US$ per US$ of GDP in 2024. ▼ Falling
Gross value added at basic prices (GVA) (constant 2015 US$), per unit in World, 2000–2024
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
In 2024, gross value added at basic prices (gva) (constant 2015 us$), per unit in World stood at 0.7598 constant 2015 US$ per US$ of GDP. That is the lowest value across all 25 years on record.
The figure is down 1.7% on the previous year and down 11.1% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant 2015 us$), per unit in World peaked at 1.47 constant 2015 US$ per US$ of GDP in 2001 and was at its lowest, 0.7598 constant 2015 US$ per US$ of GDP, in 2024.
That places World 23rd out of 32 groups with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 25 years of available data.
Gross value added at basic prices (GVA) (constant) … unit GDP 2015 in World, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 2000 | 1.44 constant 2015 US$ per US$ of GDP | — |
| 2001 | 1.47 constant 2015 US$ per US$ of GDP | +2.6% |
| 2002 | 1.45 constant 2015 US$ per US$ of GDP | -1.9% |
| 2003 | 1.32 constant 2015 US$ per US$ of GDP | -8.7% |
| 2004 | 1.22 constant 2015 US$ per US$ of GDP | -7.7% |
| 2005 | 1.16 constant 2015 US$ per US$ of GDP | -4.6% |
| 2006 | 1.12 constant 2015 US$ per US$ of GDP | -3.9% |
| 2007 | 1.03 constant 2015 US$ per US$ of GDP | -7.6% |
| 2008 | 0.9563 constant 2015 US$ per US$ of GDP | -7.3% |
| 2009 | 0.9811 constant 2015 US$ per US$ of GDP | +2.6% |
| 2010 | 0.9327 constant 2015 US$ per US$ of GDP | -4.9% |
| 2011 | 0.8636 constant 2015 US$ per US$ of GDP | -7.4% |
| 2012 | 0.8615 constant 2015 US$ per US$ of GDP | -0.2% |
| 2013 | 0.8562 constant 2015 US$ per US$ of GDP | -0.6% |
| 2014 | 0.855 constant 2015 US$ per US$ of GDP | -0.1% |
| 2015 | 0.9251 constant 2015 US$ per US$ of GDP | +8.2% |
| 2016 | 0.9303 constant 2015 US$ per US$ of GDP | +0.6% |
| 2017 | 0.8997 constant 2015 US$ per US$ of GDP | -3.3% |
| 2018 | 0.8677 constant 2015 US$ per US$ of GDP | -3.6% |
| 2019 | 0.8689 constant 2015 US$ per US$ of GDP | +0.1% |
| 2020 | 0.8528 constant 2015 US$ per US$ of GDP | -1.9% |
| 2021 | 0.79 constant 2015 US$ per US$ of GDP | -7.4% |
| 2022 | 0.7898 constant 2015 US$ per US$ of GDP | -0.0% |
| 2023 | 0.7731 constant 2015 US$ per US$ of GDP | -2.1% |
| 2024 | 0.7598 constant 2015 US$ per US$ of GDP | -1.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.21 constant 2015 US$ per US$ of GDP | 0.9563 constant 2015 US$ per US$ of GDP | 1.47 constant 2015 US$ per US$ of GDP | 10 |
| 2010s | 0.8861 constant 2015 US$ per US$ of GDP | 0.855 constant 2015 US$ per US$ of GDP | 0.9327 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.7931 constant 2015 US$ per US$ of GDP | 0.7598 constant 2015 US$ per US$ of GDP | 0.8528 constant 2015 US$ per US$ of GDP | 5 |
Countries ranked near World
- 20 South Korea 0.9641 constant 2015 US$ per US$ of GDP compare
- 21 Suriname 0.9593 constant 2015 US$ per US$ of GDP compare
- 22 Brunei 0.9335 constant 2015 US$ per US$ of GDP compare
- 23 Isle of Man 0.9323 constant 2015 US$ per US$ of GDP compare
- 24 Malaysia 0.9289 constant 2015 US$ per US$ of GDP compare
- 25 Paraguay 0.9213 constant 2015 US$ per US$ of GDP compare
- 26 Angola 0.9153 constant 2015 US$ per US$ of GDP compare
More economy & growth data for World
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.23 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.11 Percent per annum (2028)
- SDRs holdings, US dollar, annual growth rate 5.01 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0076 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 110.14 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.0002 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0056 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 80.42 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.2 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0052 units per US$ of GDP (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) (constant 2015 us$), per unit in World?
- Gross value added at basic prices (gva) (constant 2015 us$), per unit in World was 0.7598 constant 2015 US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant 2015 us$), per unit recorded in World?
- The highest recorded value was 1.47 constant 2015 US$ per US$ of GDP in 2001.
- What is the lowest gross value added at basic prices (gva) (constant 2015 us$), per unit recorded in World?
- The lowest recorded value was 0.7598 constant 2015 US$ per US$ of GDP in 2024.
- How does World rank for gross value added at basic prices (gva) (constant 2015 us$), per unit?
- World ranks 23rd out of 32 groups with data for 2024.
- Is gross value added at basic prices (gva) (constant 2015 us$), per unit rising or falling in World?
- Over the last ten years it is down 11.1%. The long-run trend across the full record is falling.
- Where does this World data come from?
- The figures come from Statizoid (derived), published as part of Gross value added at basic prices (GVA) (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross value added at basic prices (GVA) (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross value added at basic prices (GVA) (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.