Gross value added at basic prices (GVA) in United States
United States: Gross value added at basic prices (GVA) was 22.49 trillion current US$ in 2021. ◆ Volatile
Latest (2021)
22.49 trillion current US$
Change on year
up 10.5%
World rank
1st
of 207 countries
All-time high
22.49 trillion current US$
in 2021
All-time low
986.67 billion current US$
in 1970
Years of data
52
1970–2021
Gross value added at basic prices (GVA) in United States, 1970–2021
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for gross value added at basic prices (gva) in United States is 22.49 trillion current US$, measured in 2021. That is the highest value across all 52 years on record.
That represents a change of up 10.5% on the previous year and up 49.4% over ten years.
Over the whole period, gross value added at basic prices (gva) in United States peaked at 22.49 trillion current US$ in 2021 and was at its lowest, 986.67 billion current US$, in 1970.
United States ranks 1st of 207 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) in United States, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 986.67 billion current US$ | — |
| 1971 | 1.07 trillion current US$ | +8.3% |
| 1972 | 1.18 trillion current US$ | +10.2% |
| 1973 | 1.31 trillion current US$ | +11.5% |
| 1974 | 1.42 trillion current US$ | +8.4% |
| 1975 | 1.55 trillion current US$ | +9.2% |
| 1976 | 1.73 trillion current US$ | +11.5% |
| 1977 | 1.93 trillion current US$ | +11.4% |
| 1978 | 2.19 trillion current US$ | +13.5% |
| 1979 | 2.46 trillion current US$ | +12.2% |
| 1980 | 2.67 trillion current US$ | +8.6% |
| 1981 | 2.98 trillion current US$ | +11.9% |
| 1982 | 3.12 trillion current US$ | +4.5% |
| 1983 | 3.39 trillion current US$ | +8.8% |
| 1984 | 3.77 trillion current US$ | +11.1% |
| 1985 | 4.05 trillion current US$ | +7.5% |
| 1986 | 4.28 trillion current US$ | +5.6% |
| 1987 | 4.54 trillion current US$ | +6.0% |
| 1988 | 4.89 trillion current US$ | +7.8% |
| 1989 | 5.27 trillion current US$ | +7.7% |
| 1990 | 5.57 trillion current US$ | +5.6% |
| 1991 | 5.73 trillion current US$ | +2.9% |
| 1992 | 6.07 trillion current US$ | +5.9% |
| 1993 | 6.39 trillion current US$ | +5.4% |
| 1994 | 6.77 trillion current US$ | +6.0% |
| 1995 | 7.12 trillion current US$ | +5.1% |
| 1996 | 7.53 trillion current US$ | +5.8% |
| 1997 | 8.26 trillion current US$ | +9.7% |
| 1998 | 8.73 trillion current US$ | +5.7% |
| 1999 | 9.28 trillion current US$ | +6.4% |
| 2000 | 9.88 trillion current US$ | +6.5% |
| 2001 | 10.22 trillion current US$ | +3.4% |
| 2002 | 10.55 trillion current US$ | +3.1% |
| 2003 | 11.05 trillion current US$ | +4.8% |
| 2004 | 11.77 trillion current US$ | +6.5% |
| 2005 | 12.57 trillion current US$ | +6.7% |
| 2006 | 13.30 trillion current US$ | +5.9% |
| 2007 | 13.96 trillion current US$ | +4.9% |
| 2008 | 14.25 trillion current US$ | +2.1% |
| 2009 | 14.01 trillion current US$ | -1.7% |
| 2010 | 14.54 trillion current US$ | +3.8% |
| 2011 | 15.06 trillion current US$ | +3.5% |
| 2012 | 15.68 trillion current US$ | +4.2% |
| 2013 | 16.23 trillion current US$ | +3.5% |
| 2014 | 16.91 trillion current US$ | +4.1% |
| 2015 | 17.54 trillion current US$ | +3.8% |
| 2016 | 18.03 trillion current US$ | +2.8% |
| 2017 | 18.78 trillion current US$ | +4.2% |
| 2018 | 19.77 trillion current US$ | +5.3% |
| 2019 | 20.59 trillion current US$ | +4.2% |
| 2020 | 20.34 trillion current US$ | -1.2% |
| 2021 | 22.49 trillion current US$ | +10.5% |
United States compared with similar countries
- United States's 22.49 trillion current US$ is above the median for high income countries, which is 110.20 billion current US$, 204.0× the median. (77 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.58 trillion current US$ | 986.67 billion current US$ | 2.46 trillion current US$ | 10 |
| 1980s | 3.90 trillion current US$ | 2.67 trillion current US$ | 5.27 trillion current US$ | 10 |
| 1990s | 7.14 trillion current US$ | 5.57 trillion current US$ | 9.28 trillion current US$ | 10 |
| 2000s | 12.16 trillion current US$ | 9.88 trillion current US$ | 14.25 trillion current US$ | 10 |
| 2010s | 17.31 trillion current US$ | 14.54 trillion current US$ | 20.59 trillion current US$ | 10 |
| 2020s | 21.41 trillion current US$ | 20.34 trillion current US$ | 22.49 trillion current US$ | 2 |
Countries ranked near United States
More economy & growth data for United States
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.63 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.12 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 422.23 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0137 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1,235 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 400.52 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 34.83 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.013 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,172 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 52.24 % change on previous year (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in United States?
- Gross value added at basic prices (gva) in United States was 22.49 trillion current US$ in 2021, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in United States?
- The highest recorded value was 22.49 trillion current US$ in 2021.
- What is the lowest gross value added at basic prices (gva) recorded in United States?
- The lowest recorded value was 986.67 billion current US$ in 1970.
- How does United States rank for gross value added at basic prices (gva)?
- United States ranks 1st out of 207 countries with data for 2021.
- Is gross value added at basic prices (gva) rising or falling in United States?
- Over the last ten years it is up 49.4%. The long-run trend across the full record is volatile.
- Where does this United States 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.