Gross value added at basic prices (GVA) (current US$), annual growth in High income
High income: Gross value added at basic prices (GVA) (current US$), annual growth was 11.92 % change on previous year in 2021. ◆ Volatile
Gross value added at basic prices (GVA) (current US$), annual growth in High income, 1971–2021
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2021, gross value added at basic prices (gva) (current us$), annual growth in High income stood at 11.92 % change on previous year.
That represents a change of up 594.7% on the previous year and up 37.8% over ten years.
Over the whole period, gross value added at basic prices (gva) (current us$), annual growth in High income peaked at 21.7 % change on previous year in 1986 and was at its lowest, -6.46 % change on previous year, in 2009.
High income ranks 6th of 38 groups on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (current US$), annual growth in High income, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 10.99 % change on previous year | — |
| 1972 | 16.58 % change on previous year | +50.8% |
| 1973 | 21.35 % change on previous year | +28.8% |
| 1974 | 12.38 % change on previous year | -42.0% |
| 1975 | 11.87 % change on previous year | -4.1% |
| 1976 | 8.99 % change on previous year | -24.2% |
| 1977 | 13.56 % change on previous year | +50.8% |
| 1978 | 20.48 % change on previous year | +51.0% |
| 1979 | 15.4 % change on previous year | -24.8% |
| 1980 | 11.54 % change on previous year | -25.1% |
| 1981 | 1.35 % change on previous year | -88.3% |
| 1982 | -1.27 % change on previous year | -194.1% |
| 1983 | 3.73 % change on previous year | -394.0% |
| 1984 | 4.39 % change on previous year | +17.6% |
| 1985 | 5.31 % change on previous year | +20.8% |
| 1986 | 21.7 % change on previous year | +308.8% |
| 1987 | 15.96 % change on previous year | -26.4% |
| 1988 | 12.45 % change on previous year | -22.0% |
| 1989 | 4.26 % change on previous year | -65.8% |
| 1990 | 11.71 % change on previous year | +174.9% |
| 1991 | 5.53 % change on previous year | -52.8% |
| 1992 | 7.07 % change on previous year | +27.8% |
| 1993 | 1.02 % change on previous year | -85.6% |
| 1994 | 6.65 % change on previous year | +553.3% |
| 1995 | 10.87 % change on previous year | +63.5% |
| 1996 | 0.5163 % change on previous year | -95.3% |
| 1997 | -0.7672 % change on previous year | -248.6% |
| 1998 | -0.389 % change on previous year | -49.3% |
| 1999 | 4.83 % change on previous year | -1340.7% |
| 2000 | 2.69 % change on previous year | -44.3% |
| 2001 | -0.8135 % change on previous year | -130.3% |
| 2002 | 4.08 % change on previous year | -601.2% |
| 2003 | 11.92 % change on previous year | +192.3% |
| 2004 | 11.45 % change on previous year | -4.0% |
| 2005 | 6.03 % change on previous year | -47.4% |
| 2006 | 5.91 % change on previous year | -2.0% |
| 2007 | 9.84 % change on previous year | +66.5% |
| 2008 | 7.33 % change on previous year | -25.4% |
| 2009 | -6.46 % change on previous year | -188.1% |
| 2010 | 5.25 % change on previous year | -181.2% |
| 2011 | 8.65 % change on previous year | +64.9% |
| 2012 | 0.5151 % change on previous year | -94.0% |
| 2013 | 1.2 % change on previous year | +132.2% |
| 2014 | 1.65 % change on previous year | +37.8% |
| 2015 | -6.36 % change on previous year | -485.8% |
| 2016 | 2.01 % change on previous year | -131.6% |
| 2017 | 5 % change on previous year | +149.0% |
| 2018 | 6.19 % change on previous year | +23.8% |
| 2019 | 1.12 % change on previous year | -82.0% |
| 2020 | -2.41 % change on previous year | -316.0% |
| 2021 | 11.92 % change on previous year | -594.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 14.62 % change on previous year | 8.99 % change on previous year | 21.35 % change on previous year | 9 |
| 1980s | 7.94 % change on previous year | -1.27 % change on previous year | 21.7 % change on previous year | 10 |
| 1990s | 4.7 % change on previous year | -0.7672 % change on previous year | 11.71 % change on previous year | 10 |
| 2000s | 5.2 % change on previous year | -6.46 % change on previous year | 11.92 % change on previous year | 10 |
| 2010s | 2.52 % change on previous year | -6.36 % change on previous year | 8.65 % change on previous year | 10 |
| 2020s | 4.76 % change on previous year | -2.41 % change on previous year | 11.92 % change on previous year | 2 |
Countries ranked near High income
- 3 Eritrea 35.5 % change on previous year compare
- 4 Haiti 32.33 % change on previous year compare
- 5 Malawi 31.76 % change on previous year compare
- 6 Togo 26.53 % change on previous year compare
- 7 Kyrgyzstan 24.58 % change on previous year compare
- 8 Zimbabwe 23.9 % change on previous year compare
- 9 Suriname 23.21 % change on previous year compare
More economy & growth data for High income
- Gross fixed capital formation 22.2% (2024)
- Exports of goods and services 4.4% (2025)
- Exports of goods and services 31.7% (2025)
- Gross fixed capital formation 16.03 trillion current US$ (2024)
- Gross fixed capital formation 13.45 trillion constant 2015 US$ (2024)
- Gross fixed capital formation 1.4% (2024)
- Gross capital formation 1.1% (2024)
- Imports of goods and services 23.69 trillion current US$ (2025)
- Gross capital formation 22.6% (2024)
- Exports of goods and services 19.91 trillion constant 2015 US$ (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) (current us$), annual growth in High income?
- Gross value added at basic prices (gva) (current us$), annual growth in High income was 11.92 % change on previous year in 2021, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current us$), annual growth recorded in High income?
- The highest recorded value was 21.7 % change on previous year in 1986.
- What is the lowest gross value added at basic prices (gva) (current us$), annual growth recorded in High income?
- The lowest recorded value was -6.46 % change on previous year in 2009.
- How does High income rank for gross value added at basic prices (gva) (current us$), annual growth?
- High income ranks 6th out of 38 groups with data for 2021.
- Is gross value added at basic prices (gva) (current us$), annual growth rising or falling in High income?
- Over the last ten years it is up 37.8%. The long-run trend across the full record is volatile.
- Where does this High income data come from?
- The figures come from Statizoid (derived), published as part of Gross value added at basic prices (GVA) (current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross value added at basic prices (GVA) (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Offices (NSOs)
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
The year-on-year percentage change in Gross value added at basic prices (GVA) (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.