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The phrase "amounts to around" is correct and usable in written English.
It can be used when estimating or approximating a quantity or value.
Example: "The total cost of the project amounts to around $50,000."
Alternatives: "is approximately" or "comes to about".
Exact(40)
She did not put a figure on what this cost, but it amounts to around €20bn.
There has long been a campaign to limit pension tax relief, which amounts to around £30bn a year.
Salah's former club Chelsea will also be due a cut on the sale, which amounts to around £2.7m.
This fall the budget for Project Arts will stay flat at $67.5 million, which amounts to around $60 annually per student.
The extra cash amounts to around 0.7% of the Welsh NHS budget of £6bn a year.
This amounts to around £1,800 a year for a family with two working parents.
Similar(20)
Together the payments amount to around £500,000.
The effect-size estimates amount to around a 50% decrease in postoperative pain scores.
We were asked to write three scripts a day, which amounted to around 4,500 words.
The gain on disposal is expected to amount to around £160m.
This cluster – or ring – amounted to around 80 people on average.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com