Gross value added at basic prices (GVA) (current US$) in Least developed countries
Least developed countries: Gross value added at basic prices (GVA) (current US$) was 1.58 trillion current US$ in 2025. ◆ Volatile
Gross value added at basic prices (GVA) in Least developed countries, 1990–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Least developed countries recorded 1.58 trillion current US$ 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 peaked at 1.58 trillion current US$ in 2025 and was at its lowest, 159.61 billion current US$, in 1992.
That places Least developed countries 29th out of 38 groups with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (current US$) in Least developed countries, year by year
| Year | current US$ | Change |
|---|---|---|
| 1990 | 189.47 billion current US$ | — |
| 1991 | 208.87 billion current US$ | +10.2% |
| 1992 | 159.61 billion current US$ | -23.6% |
| 1993 | 164.79 billion current US$ | +3.2% |
| 1994 | 166.81 billion current US$ | +1.2% |
| 1995 | 167.56 billion current US$ | +0.4% |
| 1996 | 172.60 billion current US$ | +3.0% |
| 1997 | 180.84 billion current US$ | +4.8% |
| 1998 | 186.77 billion current US$ | +3.3% |
| 1999 | 189.20 billion current US$ | +1.3% |
| 2000 | 215.32 billion current US$ | +13.8% |
| 2001 | 205.70 billion current US$ | -4.5% |
| 2002 | 218.47 billion current US$ | +6.2% |
| 2003 | 247.09 billion current US$ | +13.1% |
| 2004 | 281.80 billion current US$ | +14.0% |
| 2005 | 334.77 billion current US$ | +18.8% |
| 2006 | 391.65 billion current US$ | +17.0% |
| 2007 | 470.44 billion current US$ | +20.1% |
| 2008 | 584.21 billion current US$ | +24.2% |
| 2009 | 590.64 billion current US$ | +1.1% |
| 2010 | 678.12 billion current US$ | +14.8% |
| 2011 | 772.58 billion current US$ | +13.9% |
| 2012 | 812.17 billion current US$ | +5.1% |
| 2013 | 876.25 billion current US$ | +7.9% |
| 2014 | 944.20 billion current US$ | +7.8% |
| 2015 | 895.05 billion current US$ | -5.2% |
| 2016 | 908.52 billion current US$ | +1.5% |
| 2017 | 996.37 billion current US$ | +9.7% |
| 2018 | 1.06 trillion current US$ | +6.8% |
| 2019 | 1.11 trillion current US$ | +4.7% |
| 2020 | 1.12 trillion current US$ | +1.0% |
| 2021 | 1.24 trillion current US$ | +10.2% |
| 2022 | 1.41 trillion current US$ | +13.4% |
| 2023 | 1.39 trillion current US$ | -1.1% |
| 2024 | 1.47 trillion current US$ | +5.8% |
| 2025 | 1.58 trillion current US$ | +7.5% |
Averages by decade
| Decade | Average | Lowest | Highest | 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
- 26 Singapore 569.37 billion current US$ compare
- 27 United Arab Emirates 552.33 billion current US$ compare
- 28 Austria 517.41 billion current US$ compare
- 29 Israel 495.42 billion current US$ compare
- 30 Philippines 487.09 billion current US$ compare
- 31 Norway 483.77 billion current US$ compare
- 32 Vietnam 473.71 billion current US$ compare
More economy & growth data for Least developed countries
- General government final consumption expenditure (current US$), per 141.86 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 977.33 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.7176 current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), gaps 277.65 million BoP, current US$ (2025)
- Households and NPISHs Final consumption expenditure (current US$) 5.27 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 116.01 constant 2015 US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 0.0852 constant 2015 US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0002 BoP, current US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 5.81 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 10.25 billion BoP, current US$ (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in Least developed countries?
- Gross value added at basic prices (gva) in Least developed countries 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?
- 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?
- The lowest recorded value was 159.61 billion current US$ in 1992.
- How does Least developed countries rank for gross value added at basic prices (gva)?
- Least developed countries ranks 29th out of 38 groups with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in Least developed countries?
- 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 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.
Download this data
CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.