Gross value added at basic prices (GVA) (current US$), per unit of GDP in World

World: Gross value added at basic prices (GVA) (current US$), per unit of GDP was 0.8756 current US$ per US$ of GDP in 2024. ▼ Falling

Latest (2024)
0.8756 current US$ per US$ of GDP
Change on year
down 0.5%
Rank
38th
of 38 groups
All-time high
1.11 current US$ per US$ of GDP
in 1972
All-time low
0.8756 current US$ per US$ of GDP
in 2024
Years of data
55
1970–2024

Gross value added at basic prices (GVA) (current US$), per unit of GDP in World, 1970–2024

00.250.50.751197019972024

Source: Statizoid (derived). Measured in current US$ per US$ of GDP.

Analysis

In 2024, gross value added at basic prices (gva) (current us$), per unit of gdp in World stood at 0.8756 current US$ per US$ of GDP. That is the lowest value across all 55 years on record.

Compared with earlier readings it is down 0.5% on the previous year and down 6.8% over ten years.

Over the whole period, gross value added at basic prices (gva) (current us$), per unit of gdp in World peaked at 1.11 current US$ per US$ of GDP in 1972 and was at its lowest, 0.8756 current US$ per US$ of GDP, in 2024.

That places World 38th out of 38 groups with data for 2024, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 55 years of available data.

Gross value added at basic prices (GVA) (current US$), per unit of GDP in World, year by year

Annual values for Gross value added at basic prices (GVA) (current US$), per unit of GDP in World, 1970 to 2024.
Year current US$ per US$ of GDP Change
1970 1.11 current US$ per US$ of GDP
1971 1.11 current US$ per US$ of GDP +0.1%
1972 1.11 current US$ per US$ of GDP +0.2%
1973 1.11 current US$ per US$ of GDP -0.3%
1974 1.1 current US$ per US$ of GDP -0.8%
1975 1.1 current US$ per US$ of GDP -0.0%
1976 1.1 current US$ per US$ of GDP +0.0%
1977 1.08 current US$ per US$ of GDP -1.2%
1978 1.08 current US$ per US$ of GDP -0.0%
1979 1.09 current US$ per US$ of GDP +0.3%
1980 1.08 current US$ per US$ of GDP -0.5%
1981 1.07 current US$ per US$ of GDP -0.9%
1982 1.07 current US$ per US$ of GDP -0.3%
1983 1.07 current US$ per US$ of GDP +0.2%
1984 1.07 current US$ per US$ of GDP -0.1%
1985 1.07 current US$ per US$ of GDP -0.2%
1986 1.08 current US$ per US$ of GDP +0.9%
1987 1.08 current US$ per US$ of GDP +0.5%
1988 1.08 current US$ per US$ of GDP +0.3%
1989 1.09 current US$ per US$ of GDP +0.2%
1990 1.08 current US$ per US$ of GDP -0.3%
1991 1.08 current US$ per US$ of GDP +0.0%
1992 1.08 current US$ per US$ of GDP -0.1%
1993 1.08 current US$ per US$ of GDP +0.1%
1994 1.08 current US$ per US$ of GDP -0.6%
1995 1.07 current US$ per US$ of GDP -0.5%
1996 1.07 current US$ per US$ of GDP -0.7%
1997 1.07 current US$ per US$ of GDP +0.4%
1998 1.07 current US$ per US$ of GDP +0.1%
1999 1.07 current US$ per US$ of GDP -0.2%
2000 1.07 current US$ per US$ of GDP -0.1%
2001 1.06 current US$ per US$ of GDP -0.4%
2002 1.06 current US$ per US$ of GDP -0.4%
2003 1.05 current US$ per US$ of GDP -0.3%
2004 1.05 current US$ per US$ of GDP -0.5%
2005 1.04 current US$ per US$ of GDP -0.6%
2006 1.03 current US$ per US$ of GDP -1.0%
2007 1.02 current US$ per US$ of GDP -1.1%
2008 1.01 current US$ per US$ of GDP -1.2%
2009 0.9977 current US$ per US$ of GDP -1.1%
2010 0.9834 current US$ per US$ of GDP -1.4%
2011 0.9723 current US$ per US$ of GDP -1.1%
2012 0.9614 current US$ per US$ of GDP -1.1%
2013 0.949 current US$ per US$ of GDP -1.3%
2014 0.9397 current US$ per US$ of GDP -1.0%
2015 0.9251 current US$ per US$ of GDP -1.6%
2016 0.9254 current US$ per US$ of GDP +0.0%
2017 0.9199 current US$ per US$ of GDP -0.6%
2018 0.9097 current US$ per US$ of GDP -1.1%
2019 0.9093 current US$ per US$ of GDP -0.0%
2020 0.8999 current US$ per US$ of GDP -1.0%
2021 0.8842 current US$ per US$ of GDP -1.7%
2022 0.876 current US$ per US$ of GDP -0.9%
2023 0.8799 current US$ per US$ of GDP +0.4%
2024 0.8756 current US$ per US$ of GDP -0.5%

Averages by decade

DecadeAverage LowestHighest Years
1970s 1.1 current US$ per US$ of GDP 1.08 current US$ per US$ of GDP 1.11 current US$ per US$ of GDP 10
1980s 1.08 current US$ per US$ of GDP 1.07 current US$ per US$ of GDP 1.09 current US$ per US$ of GDP 10
1990s 1.08 current US$ per US$ of GDP 1.07 current US$ per US$ of GDP 1.08 current US$ per US$ of GDP 10
2000s 1.04 current US$ per US$ of GDP 0.9977 current US$ per US$ of GDP 1.07 current US$ per US$ of GDP 10
2010s 0.9395 current US$ per US$ of GDP 0.9093 current US$ per US$ of GDP 0.9834 current US$ per US$ of GDP 10
2020s 0.8831 current US$ per US$ of GDP 0.8756 current US$ per US$ of GDP 0.8999 current US$ per US$ of GDP 5

Countries ranked near World

  1. 35 Eritrea 0.9721 current US$ per US$ of GDP compare
  2. 36 Turkmenistan 0.9721 current US$ per US$ of GDP compare
  3. 37 Liberia 0.9716 current US$ per US$ of GDP compare
  4. 38 Guyana 0.9698 current US$ per US$ of GDP compare
  5. 39 Chad 0.9697 current US$ per US$ of GDP compare
  6. 40 Sierra Leone 0.9684 current US$ per US$ of GDP compare
  7. 41 Macao 0.9672 current US$ per US$ of GDP compare

See the full ranking of 244 places →

More economy & growth data for World

All data for World →

Frequently asked questions

What is gross value added at basic prices (gva) (current us$), per unit of gdp in World?
Gross value added at basic prices (gva) (current us$), per unit of gdp in World was 0.8756 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest gross value added at basic prices (gva) (current us$), per unit of gdp recorded in World?
The highest recorded value was 1.11 current US$ per US$ of GDP in 1972.
What is the lowest gross value added at basic prices (gva) (current us$), per unit of gdp recorded in World?
The lowest recorded value was 0.8756 current US$ per US$ of GDP in 2024.
How does World rank for gross value added at basic prices (gva) (current us$), per unit of gdp?
World ranks 38th out of 38 groups with data for 2024.
Is gross value added at basic prices (gva) (current us$), per unit of gdp rising or falling in World?
Over the last ten years it is down 6.8%. The long-run trend across the full record is falling.
Where does this World data come from?
The figures come from Statizoid (derived), published as part of Gross value added at basic prices (GVA) (current US$), per unit of GDP. Statizoid updates them automatically from the source API.

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Gross value added at basic prices (GVA) (current US$), per unit of GDP in World. Statizoid, drawing on Statizoid (derived). Retrieved 29 August 2026, from https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-current-us-per-unit-of-gdp/world/

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How this figure is calculated

Gross value added at basic prices (GVA) (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Gross value added at basic prices (GVA) (current US$) ÷ GDP (current US$)

Computed from

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

Indicator
Gross value added at basic prices (GVA) (current US$), per unit of GDP
Unit
current US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
244 places, 10,945 data points, 1960–2025
Last refreshed

Gross value added at basic prices (GVA) (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.