Gross value added at basic prices (GVA) (current US$) in North America
North America: Gross value added at basic prices (GVA) (current US$) was 24.38 trillion current US$ in 2021. ◆ Volatile
Latest (2021)
24.38 trillion current US$
Change on year
up 11.3%
Rank
6th
of 38 groups
All-time high
24.38 trillion current US$
in 2021
All-time low
1.07 trillion current US$
in 1970
Years of data
52
1970–2021
Gross value added at basic prices (GVA) in North America, 1970–2021
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2021, gross value added at basic prices (gva) in North America stood at 24.38 trillion current US$. That is the highest value across all 52 years on record.
Compared with earlier readings it is up 11.3% on the previous year and up 45.6% over ten years.
Over the whole period, gross value added at basic prices (gva) in North America peaked at 24.38 trillion current US$ in 2021 and was at its lowest, 1.07 trillion current US$, in 1970.
That places North America 6th out of 38 groups with data for 2021, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (current US$) in North America, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 1.07 trillion current US$ | — |
| 1971 | 1.16 trillion current US$ | +8.7% |
| 1972 | 1.28 trillion current US$ | +10.4% |
| 1973 | 1.44 trillion current US$ | +11.9% |
| 1974 | 1.57 trillion current US$ | +9.5% |
| 1975 | 1.72 trillion current US$ | +9.3% |
| 1976 | 1.93 trillion current US$ | +12.2% |
| 1977 | 2.13 trillion current US$ | +10.5% |
| 1978 | 2.40 trillion current US$ | +12.6% |
| 1979 | 2.69 trillion current US$ | +12.1% |
| 1980 | 2.93 trillion current US$ | +9.0% |
| 1981 | 3.27 trillion current US$ | +11.6% |
| 1982 | 3.41 trillion current US$ | +4.4% |
| 1983 | 3.72 trillion current US$ | +8.8% |
| 1984 | 4.11 trillion current US$ | +10.5% |
| 1985 | 4.40 trillion current US$ | +7.1% |
| 1986 | 4.64 trillion current US$ | +5.4% |
| 1987 | 4.94 trillion current US$ | +6.6% |
| 1988 | 5.37 trillion current US$ | +8.5% |
| 1989 | 5.80 trillion current US$ | +8.0% |
| 1990 | 6.12 trillion current US$ | +5.6% |
| 1991 | 6.30 trillion current US$ | +2.9% |
| 1992 | 6.62 trillion current US$ | +5.1% |
| 1993 | 6.93 trillion current US$ | +4.7% |
| 1994 | 7.32 trillion current US$ | +5.5% |
| 1995 | 7.68 trillion current US$ | +5.0% |
| 1996 | 8.12 trillion current US$ | +5.7% |
| 1997 | 8.87 trillion current US$ | +9.3% |
| 1998 | 9.32 trillion current US$ | +5.1% |
| 1999 | 9.92 trillion current US$ | +6.4% |
| 2000 | 10.58 trillion current US$ | +6.7% |
| 2001 | 10.92 trillion current US$ | +3.2% |
| 2002 | 11.25 trillion current US$ | +3.1% |
| 2003 | 11.89 trillion current US$ | +5.6% |
| 2004 | 12.73 trillion current US$ | +7.1% |
| 2005 | 13.67 trillion current US$ | +7.3% |
| 2006 | 14.54 trillion current US$ | +6.4% |
| 2007 | 15.33 trillion current US$ | +5.5% |
| 2008 | 15.71 trillion current US$ | +2.5% |
| 2009 | 15.30 trillion current US$ | -2.6% |
| 2010 | 16.06 trillion current US$ | +5.0% |
| 2011 | 16.74 trillion current US$ | +4.2% |
| 2012 | 17.40 trillion current US$ | +3.9% |
| 2013 | 17.97 trillion current US$ | +3.3% |
| 2014 | 18.60 trillion current US$ | +3.5% |
| 2015 | 19.00 trillion current US$ | +2.1% |
| 2016 | 19.46 trillion current US$ | +2.4% |
| 2017 | 20.32 trillion current US$ | +4.4% |
| 2018 | 21.38 trillion current US$ | +5.2% |
| 2019 | 22.23 trillion current US$ | +4.0% |
| 2020 | 21.90 trillion current US$ | -1.5% |
| 2021 | 24.38 trillion current US$ | +11.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.74 trillion current US$ | 1.07 trillion current US$ | 2.69 trillion current US$ | 10 |
| 1980s | 4.26 trillion current US$ | 2.93 trillion current US$ | 5.80 trillion current US$ | 10 |
| 1990s | 7.72 trillion current US$ | 6.12 trillion current US$ | 9.92 trillion current US$ | 10 |
| 2000s | 13.19 trillion current US$ | 10.58 trillion current US$ | 15.71 trillion current US$ | 10 |
| 2010s | 18.92 trillion current US$ | 16.06 trillion current US$ | 22.23 trillion current US$ | 10 |
| 2020s | 23.14 trillion current US$ | 21.90 trillion current US$ | 24.38 trillion current US$ | 2 |
Countries ranked near North America
- 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
- 6 France 3.00 trillion current US$ compare
- 7 Russia 2.35 trillion current US$ compare
- 8 Italy 2.28 trillion current US$ compare
- 9 Canada 2.18 trillion current US$ compare
More economy & growth data for North America
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0142 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,224 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 30.35 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 469.55 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1,250 BoP, current US$ per person (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0145 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), gaps 479.40 billion BoP, current US$ (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9466 current US$ per US$ of GDP (2021)
- Industry (including construction), value added (current US$), per 12,657 current US$ per person (2021)
- Services, value added (current US$), annual growth rate 10.37 % change on previous year (2021)
Frequently asked questions
- What is gross value added at basic prices (gva) in North America?
- Gross value added at basic prices (gva) in North America was 24.38 trillion current US$ in 2021, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in North America?
- The highest recorded value was 24.38 trillion current US$ in 2021.
- What is the lowest gross value added at basic prices (gva) recorded in North America?
- The lowest recorded value was 1.07 trillion current US$ in 1970.
- How does North America rank for gross value added at basic prices (gva)?
- North America ranks 6th out of 38 groups with data for 2021.
- Is gross value added at basic prices (gva) rising or falling in North America?
- Over the last ten years it is up 45.6%. The long-run trend across the full record is volatile.
- Where does this North America 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.