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Iran is the top country by total value added in the world. As of 2017, total value added in Iran was 15,127,029,600 million LCU that accounts for 39.31 % of the world's total value added. The top 5 countries (others are Indonesia, Viet Nam, Republic of Korea, and Colombia) account for 91.21 % of it. The world's total total value added was estimated at 38,484,191,564 million LCU in 2017.The description is composed by our digital data assistant.
Gross value added is the value of output less the value of intermediate consumption; it is a measure of the contribution to GDP made by an individual producer, industry or sector; gross value added is the source from which the primary incomes of the SNA are generated and is therefore carried forward into the primary distribution of income account.