Gross value added at basic prices (GVA) (current US$) in High income
High income: Gross value added at basic prices (GVA) (current US$) was 58.99 trillion current US$ in 2021. ◆ Volatile
Latest (2021)
58.99 trillion current US$
Change on year
up 11.9%
Rank
2nd
of 38 groups
All-time high
58.99 trillion current US$
in 2021
All-time low
2.31 trillion current US$
in 1970
Years of data
52
1970–2021
Gross value added at basic prices (GVA) in High income, 1970–2021
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
High income recorded 58.99 trillion current US$ for gross value added at basic prices (gva) in 2021. That is the highest value across all 52 years on record.
Compared with earlier readings it is up 11.9% on the previous year and up 21.6% over ten years.
Over the whole period, gross value added at basic prices (gva) in High income peaked at 58.99 trillion current US$ in 2021 and was at its lowest, 2.31 trillion current US$, in 1970.
High income ranks 2nd of 38 groups on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (current US$) in High income, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 2.31 trillion current US$ | — |
| 1971 | 2.56 trillion current US$ | +11.0% |
| 1972 | 2.98 trillion current US$ | +16.6% |
| 1973 | 3.62 trillion current US$ | +21.4% |
| 1974 | 4.07 trillion current US$ | +12.4% |
| 1975 | 4.55 trillion current US$ | +11.9% |
| 1976 | 4.96 trillion current US$ | +9.0% |
| 1977 | 5.63 trillion current US$ | +13.6% |
| 1978 | 6.79 trillion current US$ | +20.5% |
| 1979 | 7.83 trillion current US$ | +15.4% |
| 1980 | 8.74 trillion current US$ | +11.5% |
| 1981 | 8.86 trillion current US$ | +1.3% |
| 1982 | 8.74 trillion current US$ | -1.3% |
| 1983 | 9.07 trillion current US$ | +3.7% |
| 1984 | 9.47 trillion current US$ | +4.4% |
| 1985 | 9.97 trillion current US$ | +5.3% |
| 1986 | 12.13 trillion current US$ | +21.7% |
| 1987 | 14.07 trillion current US$ | +16.0% |
| 1988 | 15.82 trillion current US$ | +12.4% |
| 1989 | 16.50 trillion current US$ | +4.3% |
| 1990 | 18.43 trillion current US$ | +11.7% |
| 1991 | 19.45 trillion current US$ | +5.5% |
| 1992 | 20.82 trillion current US$ | +7.1% |
| 1993 | 21.03 trillion current US$ | +1.0% |
| 1994 | 22.43 trillion current US$ | +6.6% |
| 1995 | 24.87 trillion current US$ | +10.9% |
| 1996 | 25.00 trillion current US$ | +0.5% |
| 1997 | 24.81 trillion current US$ | -0.8% |
| 1998 | 24.71 trillion current US$ | -0.4% |
| 1999 | 25.90 trillion current US$ | +4.8% |
| 2000 | 26.60 trillion current US$ | +2.7% |
| 2001 | 26.38 trillion current US$ | -0.8% |
| 2002 | 27.46 trillion current US$ | +4.1% |
| 2003 | 30.73 trillion current US$ | +11.9% |
| 2004 | 34.25 trillion current US$ | +11.4% |
| 2005 | 36.31 trillion current US$ | +6.0% |
| 2006 | 38.46 trillion current US$ | +5.9% |
| 2007 | 42.24 trillion current US$ | +9.8% |
| 2008 | 45.34 trillion current US$ | +7.3% |
| 2009 | 42.41 trillion current US$ | -6.5% |
| 2010 | 44.64 trillion current US$ | +5.2% |
| 2011 | 48.50 trillion current US$ | +8.7% |
| 2012 | 48.75 trillion current US$ | +0.5% |
| 2013 | 49.33 trillion current US$ | +1.2% |
| 2014 | 50.14 trillion current US$ | +1.6% |
| 2015 | 46.96 trillion current US$ | -6.4% |
| 2016 | 47.90 trillion current US$ | +2.0% |
| 2017 | 50.29 trillion current US$ | +5.0% |
| 2018 | 53.41 trillion current US$ | +6.2% |
| 2019 | 54.01 trillion current US$ | +1.1% |
| 2020 | 52.70 trillion current US$ | -2.4% |
| 2021 | 58.99 trillion current US$ | +11.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.53 trillion current US$ | 2.31 trillion current US$ | 7.83 trillion current US$ | 10 |
| 1980s | 11.34 trillion current US$ | 8.74 trillion current US$ | 16.50 trillion current US$ | 10 |
| 1990s | 22.75 trillion current US$ | 18.43 trillion current US$ | 25.90 trillion current US$ | 10 |
| 2000s | 35.02 trillion current US$ | 26.38 trillion current US$ | 45.34 trillion current US$ | 10 |
| 2010s | 49.39 trillion current US$ | 44.64 trillion current US$ | 54.01 trillion current US$ | 10 |
| 2020s | 55.85 trillion current US$ | 52.70 trillion current US$ | 58.99 trillion current US$ | 2 |
Countries ranked near High income
- 1 United States 22.49 trillion current US$ compare
- 2 Germany 4.57 trillion current US$ compare
- 3 Japan 4.16 trillion current US$ compare
- 4 United Kingdom 3.61 trillion current US$ compare
- 5 India 3.59 trillion current US$ compare
More economy & growth data for High income
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0126 BoP, current US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 0.1461 constant 2015 US$ per US$ of GDP (2024)
- General government final consumption expenditure (constant 2015 US$) 2.76 % change on previous year (2024)
- General government final consumption expenditure (current US$), per 8,900 current US$ per person (2024)
- General government final consumption expenditure (current US$), per 0.1748 current US$ per US$ of GDP (2024)
- General government final consumption expenditure (current US$) 5.41 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 679.7 BoP, current US$ per person (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 855.36 BoP, current US$ per person (2025)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.22 trillion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0158 BoP, current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in High income?
- Gross value added at basic prices (gva) in High income was 58.99 trillion current US$ in 2021, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in High income?
- The highest recorded value was 58.99 trillion current US$ in 2021.
- What is the lowest gross value added at basic prices (gva) recorded in High income?
- The lowest recorded value was 2.31 trillion current US$ in 1970.
- How does High income rank for gross value added at basic prices (gva)?
- High income ranks 2nd out of 38 groups with data for 2021.
- Is gross value added at basic prices (gva) rising or falling in High income?
- Over the last ten years it is up 21.6%. The long-run trend across the full record is volatile.
- Where does this High income data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross value added at basic prices (GVA) (current US$). Statizoid updates them automatically from the source API.
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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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.