Gross value added at basic prices (GVA) in Least developed countries: UN classification

Least developed countries: UN classification: Gross value added at basic prices (GVA) was 1.58 trillion current US$ in 2025. ◆ Volatile

Latest (2025)
1.58 trillion current US$
Change on year
up 7.5%
Rank
29th
of 40 groups
All-time high
1.58 trillion current US$
in 2025
All-time low
159.61 billion current US$
in 1992
Years of data
36
1990–2025

Gross value added at basic prices (GVA) in Least developed countries: UN classification, 1990–2025

0500.0B1.0T1.5T1990200720251990: 189.5B current US$1991: 208.9B current US$1992: 159.6B current US$1993: 164.8B current US$1994: 166.8B current US$1995: 167.6B current US$1996: 172.6B current US$1997: 180.8B current US$1998: 186.8B current US$1999: 189.2B current US$2000: 215.3B current US$2001: 205.7B current US$2002: 218.5B current US$2003: 247.1B current US$2004: 281.8B current US$2005: 334.8B current US$2006: 391.6B current US$2007: 470.4B current US$2008: 584.2B current US$2009: 590.6B current US$2010: 678.1B current US$2011: 772.6B current US$2012: 812.2B current US$2013: 876.2B current US$2014: 944.2B current US$2015: 895.0B current US$2016: 908.5B current US$2017: 996.4B current US$2018: 1.1T current US$2019: 1.1T current US$2020: 1.1T current US$2021: 1.2T current US$2022: 1.4T current US$2023: 1.4T current US$2024: 1.5T current US$2025: 1.6T current US$

Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.

Analysis

Least developed countries: UN classification recorded 1.58 trillion current US$ for gross value added at basic prices (gva) in 2025. That is the highest value across all 36 years on record.

That represents a change of up 7.5% on the previous year and up 76.6% over ten years.

Over the whole period, gross value added at basic prices (gva) in Least developed countries: UN classification peaked at 1.58 trillion current US$ in 2025 and was at its lowest, 159.61 billion current US$, in 1992.

That places Least developed countries: UN classification 29th out of 40 groups with data for 2025, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 178.65 billion current US$ 159.61 billion current US$ 208.87 billion current US$ 10
2000s 354.01 billion current US$ 205.70 billion current US$ 590.64 billion current US$ 10
2010s 906.08 billion current US$ 678.12 billion current US$ 1.11 trillion current US$ 10
2020s 1.37 trillion current US$ 1.12 trillion current US$ 1.58 trillion current US$ 6

Countries ranked near Least developed countries: UN classification

  1. 27 United Arab Emirates 552.33 billion current US$ compare
  2. 28 Austria 517.41 billion current US$ compare
  3. 29 Israel 495.42 billion current US$ compare
  4. 30 Philippines 487.09 billion current US$ compare
  5. 31 Norway 483.77 billion current US$ compare
  6. 32 Vietnam 473.71 billion current US$ compare

See the full ranking of 244 places →

More economy & growth data for Least developed countries: UN classification

All data for Least developed countries: UN classification →

Frequently asked questions

What is gross value added at basic prices (gva) in Least developed countries: UN classification?
Gross value added at basic prices (gva) in Least developed countries: UN classification was 1.58 trillion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest gross value added at basic prices (gva) recorded in Least developed countries: UN classification?
The highest recorded value was 1.58 trillion current US$ in 2025.
What is the lowest gross value added at basic prices (gva) recorded in Least developed countries: UN classification?
The lowest recorded value was 159.61 billion current US$ in 1992.
How does Least developed countries: UN classification rank for gross value added at basic prices (gva)?
Least developed countries: UN classification ranks 29th out of 40 groups with data for 2025.
Is gross value added at basic prices (gva) rising or falling in Least developed countries: UN classification?
Over the last ten years it is up 76.6%. The long-run trend across the full record is volatile.
Where does this Least developed countries: UN classification 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

Indicator
Gross value added at basic prices (GVA) (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
244 places, 10,967 data points, 1960–2025
Last refreshed

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.