Gross value added at basic prices … current US annual growth rate in OECD members
OECD members: Gross value added at basic prices … current US annual growth rate was 11.37 % change on previous year in 2021. ◆ Volatile
Gross value added at basic prices (GVA) (current US$), annual growth in OECD members, 1971–2021
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
OECD members recorded 11.37 % change on previous year for gross value added at basic prices (gva) (current us$), annual growth in 2021.
Compared with earlier readings it is up 641.8% on the previous year and up 53.5% over ten years.
Over the whole period, gross value added at basic prices (gva) (current us$), annual growth in OECD members peaked at 21.36 % change on previous year in 1986 and was at its lowest, -6.03 % change on previous year, in 2009.
That places OECD members 9th 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 OECD members, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 10.73 % change on previous year | — |
| 1972 | 16.56 % change on previous year | +54.3% |
| 1973 | 21.25 % change on previous year | +28.3% |
| 1974 | 11.86 % change on previous year | -44.2% |
| 1975 | 12.3 % change on previous year | +3.7% |
| 1976 | 8.46 % change on previous year | -31.2% |
| 1977 | 13.12 % change on previous year | +55.1% |
| 1978 | 20.8 % change on previous year | +58.6% |
| 1979 | 15.41 % change on previous year | -25.9% |
| 1980 | 10.99 % change on previous year | -28.6% |
| 1981 | 1.65 % change on previous year | -85.0% |
| 1982 | -1.9 % change on previous year | -214.8% |
| 1983 | 3.76 % change on previous year | -297.9% |
| 1984 | 4.7 % change on previous year | +25.1% |
| 1985 | 5.64 % change on previous year | +19.9% |
| 1986 | 21.36 % change on previous year | +279.0% |
| 1987 | 15.85 % change on previous year | -25.8% |
| 1988 | 12.64 % change on previous year | -20.2% |
| 1989 | 4.33 % change on previous year | -65.7% |
| 1990 | 12.23 % change on previous year | +182.2% |
| 1991 | 5.74 % change on previous year | -53.1% |
| 1992 | 7.58 % change on previous year | +32.2% |
| 1993 | 2.24 % change on previous year | -70.4% |
| 1994 | 6.57 % change on previous year | +193.1% |
| 1995 | 10.32 % change on previous year | +57.1% |
| 1996 | 0.6641 % change on previous year | -93.6% |
| 1997 | -0.5508 % change on previous year | -182.9% |
| 1998 | 0.4716 % change on previous year | -185.6% |
| 1999 | 5.1 % change on previous year | +981.8% |
| 2000 | 2.6 % change on previous year | -49.1% |
| 2001 | -0.9217 % change on previous year | -135.5% |
| 2002 | 4.04 % change on previous year | -538.8% |
| 2003 | 11.51 % change on previous year | +184.6% |
| 2004 | 11.11 % change on previous year | -3.5% |
| 2005 | 5.64 % change on previous year | -49.2% |
| 2006 | 5.34 % change on previous year | -5.4% |
| 2007 | 9.35 % change on previous year | +75.2% |
| 2008 | 6.42 % change on previous year | -31.3% |
| 2009 | -6.03 % change on previous year | -193.9% |
| 2010 | 4.75 % change on previous year | -178.7% |
| 2011 | 7.4 % change on previous year | +56.0% |
| 2012 | 0.0615 % change on previous year | -99.2% |
| 2013 | 1.08 % change on previous year | +1657.1% |
| 2014 | 2 % change on previous year | +85.3% |
| 2015 | -5.54 % change on previous year | -376.5% |
| 2016 | 2 % change on previous year | -136.1% |
| 2017 | 4.36 % change on previous year | +118.0% |
| 2018 | 5.74 % change on previous year | +31.8% |
| 2019 | 1.14 % change on previous year | -80.1% |
| 2020 | -2.1 % change on previous year | -283.3% |
| 2021 | 11.37 % change on previous year | -641.8% |
Biggest year-on-year movements
Years where Gross value added at basic prices … current US annual growth rate in OECD members 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 |
|---|---|---|---|
| 2013 | +1657.1% | 0.0615 % change on previous year | 1.08 % change on previous year |
| 1999 | +981.8% | 0.4716 % change on previous year | 5.1 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 14.5 % change on previous year | 8.46 % change on previous year | 21.25 % change on previous year | 9 |
| 1980s | 7.9 % change on previous year | -1.9 % change on previous year | 21.36 % change on previous year | 10 |
| 1990s | 5.04 % change on previous year | -0.5508 % change on previous year | 12.23 % change on previous year | 10 |
| 2000s | 4.91 % change on previous year | -6.03 % change on previous year | 11.51 % change on previous year | 10 |
| 2010s | 2.3 % change on previous year | -5.54 % change on previous year | 7.4 % change on previous year | 10 |
| 2020s | 4.63 % change on previous year | -2.1 % change on previous year | 11.37 % change on previous year | 2 |
Countries ranked near OECD members
- 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
- 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
More economy & growth data for OECD members
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0107 BoP, current US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 0.1456 constant 2015 US$ per US$ of GDP (2024)
- General government final consumption expenditure (constant 2015 US$) 2.7 % change on previous year (2024)
- General government final consumption expenditure (current US$), per 8,471 current US$ per person (2024)
- General government final consumption expenditure (current US$), per 0.1733 current US$ per US$ of GDP (2024)
- General government final consumption expenditure (current US$) 5.65 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 554.27 BoP, current US$ per person (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 779.17 BoP, current US$ per person (2025)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.09 trillion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0151 BoP, current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) (current us$), annual growth in OECD members?
- Gross value added at basic prices (gva) (current us$), annual growth in OECD members was 11.37 % change on previous year in 2021, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current us$), annual growth recorded in OECD members?
- The highest recorded value was 21.36 % change on previous year in 1986.
- What is the lowest gross value added at basic prices (gva) (current us$), annual growth recorded in OECD members?
- The lowest recorded value was -6.03 % change on previous year in 2009.
- How does OECD members rank for gross value added at basic prices (gva) (current us$), annual growth?
- OECD members ranks 9th out of 38 groups with data for 2021.
- Is gross value added at basic prices (gva) (current us$), annual growth rising or falling in OECD members?
- Over the last ten years it is up 53.5%. The long-run trend across the full record is volatile.
- Where does this OECD members 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.