Gross value added at basic prices (GVA) in World
World: Gross value added at basic prices (GVA) 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$, in 2000.
That places World 1st out of 35 groups with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 25 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 55.09 trillion constant 2015 US$ | 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
- GNI per capita, Atlas method 14,244 current US$ (2025)
- GNI 117.70 trillion current US$ (2025)
- GNI, Atlas method 117.02 trillion current US$ (2025)
- Gross domestic savings 26.9% (2024)
- Gross domestic savings 30.01 trillion current US$ (2024)
- GDP per capita growth 2.0% (2025)
- GDP per capita 12,131 constant 2015 US$ (2025)
- GDP per capita 14,406 current US$ (2025)
- GDP growth 2.9% (2025)
- GDP 99.66 trillion constant 2015 US$ (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 35 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.