Gross value added at basic prices (GVA) (constant 2015 US$) in World
World: Gross value added at basic prices (GVA) (constant 2015 US$) was 84.85 trillion constant 2015 US$ in 2024. ▲ Rising
Gross value added at basic prices (GVA) in World, 2000–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
World recorded 84.85 trillion constant 2015 US$ for gross value added at basic prices (gva) in 2024. That is the highest value across all 25 years on record.
Compared with earlier readings it is up 2.2% on the previous year and up 23.7% over ten years.
Over the whole period, gross value added at basic prices (gva) in World peaked at 84.85 trillion constant 2015 US$ in 2024 and was at its lowest, 48.81 trillion constant 2015 US$, in 2000.
That places World 1st out of 34 groups with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 25 years of available data.
Gross value added at basic prices (GVA) (constant 2015 US$) in World, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2000 | 48.81 trillion constant 2015 US$ | — |
| 2001 | 49.76 trillion constant 2015 US$ | +1.9% |
| 2002 | 50.71 trillion constant 2015 US$ | +1.9% |
| 2003 | 51.91 trillion constant 2015 US$ | +2.4% |
| 2004 | 53.98 trillion constant 2015 US$ | +4.0% |
| 2005 | 55.78 trillion constant 2015 US$ | +3.3% |
| 2006 | 58.08 trillion constant 2015 US$ | +4.1% |
| 2007 | 60.46 trillion constant 2015 US$ | +4.1% |
| 2008 | 61.56 trillion constant 2015 US$ | +1.8% |
| 2009 | 59.89 trillion constant 2015 US$ | -2.7% |
| 2010 | 62.39 trillion constant 2015 US$ | +4.2% |
| 2011 | 64.24 trillion constant 2015 US$ | +3.0% |
| 2012 | 65.52 trillion constant 2015 US$ | +2.0% |
| 2013 | 66.93 trillion constant 2015 US$ | +2.2% |
| 2014 | 68.61 trillion constant 2015 US$ | +2.5% |
| 2015 | 70.16 trillion constant 2015 US$ | +2.3% |
| 2016 | 71.71 trillion constant 2015 US$ | +2.2% |
| 2017 | 73.87 trillion constant 2015 US$ | +3.0% |
| 2018 | 75.76 trillion constant 2015 US$ | +2.5% |
| 2019 | 77.15 trillion constant 2015 US$ | +1.8% |
| 2020 | 73.67 trillion constant 2015 US$ | -4.5% |
| 2021 | 78.03 trillion constant 2015 US$ | +5.9% |
| 2022 | 81.24 trillion constant 2015 US$ | +4.1% |
| 2023 | 82.99 trillion constant 2015 US$ | +2.2% |
| 2024 | 84.85 trillion constant 2015 US$ | +2.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 55.09 trillion constant 2015 US$ | 48.81 trillion constant 2015 US$ | 61.56 trillion constant 2015 US$ | 10 |
| 2010s | 69.63 trillion constant 2015 US$ | 62.39 trillion constant 2015 US$ | 77.15 trillion constant 2015 US$ | 10 |
| 2020s | 80.16 trillion constant 2015 US$ | 73.67 trillion constant 2015 US$ | 84.85 trillion constant 2015 US$ | 5 |
Countries ranked near World
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) in World?
- Gross value added at basic prices (gva) in World was 84.85 trillion constant 2015 US$ in 2024, 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 World?
- The highest recorded value was 84.85 trillion constant 2015 US$ in 2024.
- What is the lowest gross value added at basic prices (gva) recorded in World?
- The lowest recorded value was 48.81 trillion constant 2015 US$ in 2000.
- How does World rank for gross value added at basic prices (gva)?
- World ranks 1st out of 34 groups with data for 2024.
- Is gross value added at basic prices (gva) rising or falling in World?
- Over the last ten years it is up 23.7%. The long-run trend across the full record is rising.
- Where does this World 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
CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.