Gross value added at basic prices (GVA) (constant 2015 US$) in Least developed countries
Least developed countries: Gross value added at basic prices (GVA) (constant 2015 US$) was 1.29 trillion constant 2015 US$ in 2025. ▲ Rising
Gross value added at basic prices (GVA) in Least developed countries, 1990–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gross value added at basic prices (gva) in Least developed countries is 1.29 trillion constant 2015 US$, measured in 2025. That is the highest value across all 36 years on record.
The figure is up 4.6% on the previous year and up 44.2% over ten years.
Over the whole period, gross value added at basic prices (gva) in Least developed countries peaked at 1.29 trillion constant 2015 US$ in 2025 and was at its lowest, 297.11 billion constant 2015 US$, in 1990.
Least developed countries ranks 26th of 34 groups on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 36 years of available data.
Gross value added at basic prices (GVA) (constant 2015 US$) in Least developed countries, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1990 | 297.11 billion constant 2015 US$ | — |
| 1991 | 303.08 billion constant 2015 US$ | +2.0% |
| 1992 | 304.36 billion constant 2015 US$ | +0.4% |
| 1993 | 309.27 billion constant 2015 US$ | +1.6% |
| 1994 | 312.82 billion constant 2015 US$ | +1.1% |
| 1995 | 327.73 billion constant 2015 US$ | +4.8% |
| 1996 | 342.18 billion constant 2015 US$ | +4.4% |
| 1997 | 356.02 billion constant 2015 US$ | +4.0% |
| 1998 | 369.93 billion constant 2015 US$ | +3.9% |
| 1999 | 384.75 billion constant 2015 US$ | +4.0% |
| 2000 | 400.59 billion constant 2015 US$ | +4.1% |
| 2001 | 420.85 billion constant 2015 US$ | +5.1% |
| 2002 | 439.19 billion constant 2015 US$ | +4.4% |
| 2003 | 463.83 billion constant 2015 US$ | +5.6% |
| 2004 | 492.21 billion constant 2015 US$ | +6.1% |
| 2005 | 527.85 billion constant 2015 US$ | +7.2% |
| 2006 | 566.17 billion constant 2015 US$ | +7.3% |
| 2007 | 607.68 billion constant 2015 US$ | +7.3% |
| 2008 | 646.04 billion constant 2015 US$ | +6.3% |
| 2009 | 676.04 billion constant 2015 US$ | +4.6% |
| 2010 | 718.59 billion constant 2015 US$ | +6.3% |
| 2011 | 743.82 billion constant 2015 US$ | +3.5% |
| 2012 | 778.50 billion constant 2015 US$ | +4.7% |
| 2013 | 825.34 billion constant 2015 US$ | +6.0% |
| 2014 | 871.43 billion constant 2015 US$ | +5.6% |
| 2015 | 895.05 billion constant 2015 US$ | +2.7% |
| 2016 | 929.94 billion constant 2015 US$ | +3.9% |
| 2017 | 971.30 billion constant 2015 US$ | +4.4% |
| 2018 | 1.02 trillion constant 2015 US$ | +4.7% |
| 2019 | 1.07 trillion constant 2015 US$ | +5.1% |
| 2020 | 1.06 trillion constant 2015 US$ | -0.4% |
| 2021 | 1.10 trillion constant 2015 US$ | +2.9% |
| 2022 | 1.15 trillion constant 2015 US$ | +5.0% |
| 2023 | 1.19 trillion constant 2015 US$ | +3.2% |
| 2024 | 1.23 trillion constant 2015 US$ | +4.0% |
| 2025 | 1.29 trillion constant 2015 US$ | +4.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 330.72 billion constant 2015 US$ | 297.11 billion constant 2015 US$ | 384.75 billion constant 2015 US$ | 10 |
| 2000s | 524.04 billion constant 2015 US$ | 400.59 billion constant 2015 US$ | 676.04 billion constant 2015 US$ | 10 |
| 2010s | 882.05 billion constant 2015 US$ | 718.59 billion constant 2015 US$ | 1.07 trillion constant 2015 US$ | 10 |
| 2020s | 1.17 trillion constant 2015 US$ | 1.06 trillion constant 2015 US$ | 1.29 trillion constant 2015 US$ | 6 |
Countries ranked near Least developed countries
- 23 Argentina 504.23 billion constant 2015 US$ compare
- 24 Iran 502.83 billion constant 2015 US$ compare
- 25 Thailand 485.78 billion constant 2015 US$ compare
- 26 Belgium 484.22 billion constant 2015 US$ compare
- 27 Egypt 480.35 billion constant 2015 US$ compare
- 28 Philippines 474.84 billion constant 2015 US$ compare
- 29 United Arab Emirates 457.09 billion constant 2015 US$ compare
More economy & growth data for Least developed countries
- General government final consumption expenditure (current US$) 10.13 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.7176 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current US$) 5.27 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 116.01 constant 2015 US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 0.0852 constant 2015 US$ per US$ of GDP (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 4.29 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 5.81 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 141.86 current US$ per person (2025)
- General government final consumption expenditure (current US$), per 0.1042 current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0002 BoP, current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in Least developed countries?
- Gross value added at basic prices (gva) in Least developed countries was 1.29 trillion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross value added at basic prices (gva) recorded in Least developed countries?
- The highest recorded value was 1.29 trillion constant 2015 US$ in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Least developed countries?
- The lowest recorded value was 297.11 billion constant 2015 US$ in 1990.
- How does Least developed countries rank for gross value added at basic prices (gva)?
- Least developed countries ranks 26th out of 34 groups with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in Least developed countries?
- Over the last ten years it is up 44.2%. The long-run trend across the full record is rising.
- Where does this Least developed countries data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross value added at basic prices (GVA) (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
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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 constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.