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Total value added in current prices

(US dollars)

The United States of America is the top country by total value added in the world. As of 2016, total value added in the United States of America was 18,624,200 million US dollars that accounts for 26.23 % of the world's total value added. The top 5 countries (others are China, Japan, Germany, and the United Kingdom) account for 55.97 % of it. The world's total total value added was estimated at 71,011,177 million US dollars in 2016.

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What is total value added?

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.