Gross value added at basic prices … current US annual growth rate in North America
North America: Gross value added at basic prices … current US annual growth rate was 11.31 % change on previous year in 2021. ◆ Volatile
Gross value added at basic prices (GVA) (current US$), annual growth in North America, 1971–2021
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross value added at basic prices (gva) (current us$), annual growth in North America is 11.31 % change on previous year, measured in 2021.
That represents a change of up 878.7% on the previous year and up 166.2% over ten years.
Over the whole period, gross value added at basic prices (gva) (current us$), annual growth in North America peaked at 12.57 % change on previous year in 1978 and was at its lowest, -2.63 % change on previous year, in 2009.
That places North America 10th out of 38 groups with data for 2021, putting it 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 … current US annual growth rate in North America, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 8.7 % change on previous year | — |
| 1972 | 10.45 % change on previous year | +20.2% |
| 1973 | 11.89 % change on previous year | +13.8% |
| 1974 | 9.54 % change on previous year | -19.8% |
| 1975 | 9.27 % change on previous year | -2.8% |
| 1976 | 12.17 % change on previous year | +31.3% |
| 1977 | 10.48 % change on previous year | -13.9% |
| 1978 | 12.57 % change on previous year | +20.0% |
| 1979 | 12.11 % change on previous year | -3.7% |
| 1980 | 9 % change on previous year | -25.7% |
| 1981 | 11.64 % change on previous year | +29.3% |
| 1982 | 4.36 % change on previous year | -62.6% |
| 1983 | 8.83 % change on previous year | +102.7% |
| 1984 | 10.52 % change on previous year | +19.2% |
| 1985 | 7.1 % change on previous year | -32.6% |
| 1986 | 5.41 % change on previous year | -23.7% |
| 1987 | 6.61 % change on previous year | +22.1% |
| 1988 | 8.55 % change on previous year | +29.3% |
| 1989 | 8.01 % change on previous year | -6.2% |
| 1990 | 5.6 % change on previous year | -30.2% |
| 1991 | 2.91 % change on previous year | -48.1% |
| 1992 | 5.1 % change on previous year | +75.5% |
| 1993 | 4.7 % change on previous year | -7.8% |
| 1994 | 5.55 % change on previous year | +18.0% |
| 1995 | 5.01 % change on previous year | -9.7% |
| 1996 | 5.66 % change on previous year | +13.0% |
| 1997 | 9.27 % change on previous year | +63.8% |
| 1998 | 5.07 % change on previous year | -45.3% |
| 1999 | 6.42 % change on previous year | +26.6% |
| 2000 | 6.69 % change on previous year | +4.2% |
| 2001 | 3.18 % change on previous year | -52.5% |
| 2002 | 3.1 % change on previous year | -2.5% |
| 2003 | 5.63 % change on previous year | +81.8% |
| 2004 | 7.12 % change on previous year | +26.4% |
| 2005 | 7.31 % change on previous year | +2.7% |
| 2006 | 6.4 % change on previous year | -12.4% |
| 2007 | 5.46 % change on previous year | -14.8% |
| 2008 | 2.46 % change on previous year | -54.8% |
| 2009 | -2.63 % change on previous year | -206.9% |
| 2010 | 4.98 % change on previous year | -289.1% |
| 2011 | 4.25 % change on previous year | -14.7% |
| 2012 | 3.92 % change on previous year | -7.6% |
| 2013 | 3.28 % change on previous year | -16.5% |
| 2014 | 3.53 % change on previous year | +7.7% |
| 2015 | 2.14 % change on previous year | -39.3% |
| 2016 | 2.39 % change on previous year | +11.4% |
| 2017 | 4.44 % change on previous year | +86.0% |
| 2018 | 5.22 % change on previous year | +17.6% |
| 2019 | 3.95 % change on previous year | -24.4% |
| 2020 | -1.45 % change on previous year | -136.8% |
| 2021 | 11.31 % change on previous year | -878.7% |
Biggest year-on-year movements
Years where Gross value added at basic prices … current US annual growth rate in North America changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +878.7% | -1.45 % change on previous year | 11.31 % change on previous year |
| 2010 | +289.1% | -2.63 % change on previous year | 4.98 % change on previous year |
| 2009 | -206.9% | 2.46 % change on previous year | -2.63 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.8 % change on previous year | 8.7 % change on previous year | 12.57 % change on previous year | 9 |
| 1980s | 8 % change on previous year | 4.36 % change on previous year | 11.64 % change on previous year | 10 |
| 1990s | 5.53 % change on previous year | 2.91 % change on previous year | 9.27 % change on previous year | 10 |
| 2000s | 4.47 % change on previous year | -2.63 % change on previous year | 7.31 % change on previous year | 10 |
| 2010s | 3.81 % change on previous year | 2.14 % change on previous year | 5.22 % change on previous year | 10 |
| 2020s | 4.93 % change on previous year | -1.45 % change on previous year | 11.31 % change on previous year | 2 |
Countries ranked near North America
- 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
- 10 Sudan 21.12 % change on previous year compare
- 11 Uzbekistan 20.57 % change on previous year compare
- 12 Democratic Republic of Congo 20.43 % change on previous year compare
- 13 Belarus 19.77 % change on previous year compare
More economy & growth data for North America
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0142 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,224 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 30.35 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 469.55 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1,250 BoP, current US$ per person (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0145 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), gaps 479.40 billion BoP, current US$ (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 65,820 current US$ per person (2021)
- Industry (including construction), value added (current US$), per 12,657 current US$ per person (2021)
- Services, value added (current US$), annual growth rate 10.37 % change on previous year (2021)
Frequently asked questions
- What is gross value added at basic prices (gva) (current us$), annual growth in North America?
- Gross value added at basic prices (gva) (current us$), annual growth in North America was 11.31 % change on previous year in 2021, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current us$), annual growth recorded in North America?
- The highest recorded value was 12.57 % change on previous year in 1978.
- What is the lowest gross value added at basic prices (gva) (current us$), annual growth recorded in North America?
- The lowest recorded value was -2.63 % change on previous year in 2009.
- How does North America rank for gross value added at basic prices (gva) (current us$), annual growth?
- North America ranks 10th out of 38 groups with data for 2021.
- Is gross value added at basic prices (gva) (current us$), annual growth rising or falling in North America?
- Over the last ten years it is up 166.2%. The long-run trend across the full record is volatile.
- Where does this North America data come from?
- The figures come from Statizoid (derived), published as part of Gross value added at basic prices (GVA) (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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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.