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
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$, in 1970.
United States ranks 1st of 204 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.58 trillion current US$ | 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
- External balance on goods and services as a percent of GDP -3.1% (2024)
- Inflation of consumer prices 2.9% (2024)
- GDP per capita 67,946 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 10.5% (2021)
- Gross domestic product (GDP) 23.22 trillion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 67,946 constant 2015 US$ (2025)
- DEC alternative conversion factor 1 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -273.12 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) -273.12 billion current US$ (2024)
- Taxes less subsidies on products 829.22 billion current LCU (2021)
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 204 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.
Download this data
CSV · JSON — 52 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.