Annual gdp growth in Tuvalu
Tuvalu: Annual gdp growth was 3.85 in 2023. ◆ Volatile
Latest (2023)
3.85
Change on year
up 466.2%
World rank
77th
of 211 countries
All-time high
13.82
in 2019
All-time low
-6.25
in 2009
Years of data
24
2000–2023
Annual gdp growth in Tuvalu, 2000–2023
Source: Our World in Data.
Analysis
Tuvalu recorded 3.85 for annual gdp growth in 2023.
That represents a change of up 466.2% on the previous year and down 11.5% over ten years.
Over the whole period, annual gdp growth in Tuvalu peaked at 13.82 in 2019 and was at its lowest, -6.25, in 2009.
Tuvalu ranks 77th of 211 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.728 | -6.25 | 9.52 | 10 |
| 2010s | 4.06 | -2.22 | 13.82 | 10 |
| 2020s | 0.515 | -4.27 | 3.85 | 4 |
Countries ranked near Tuvalu
- 74 Barbados 4.09 compare
- 75 Belarus 3.89 compare
- 76 Antigua and Barbuda 3.86 compare
- 77 Serbia 3.85 compare
- 79 Isle of Man 3.84 compare
- 80 Madagascar 3.8 compare
- 80 Sint Maarten (Dutch part) 3.8 compare
More economy & growth data for Tuvalu
- GDP 62.00 million constant LCU (2025)
- Gross value added at basic prices (GVA) 36.01 million current LCU (2015)
- GDP 57.35 million current US$ (2025)
- GDP 89.00 million current LCU (2025)
- GDP 42.97 million constant 2015 US$ (2025)
- GDP growth 1.6% (2025)
- GDP per capita 4,527 constant 2015 US$ (2025)
- GNI, Atlas method 92.83 million current US$ (2025)
- GDP per capita 6,532 constant LCU (2025)
- Foreign direct investment, net inflows 258,080 BoP, current US$ (2024)
Frequently asked questions
- What is annual gdp growth in Tuvalu?
- Annual gdp growth in Tuvalu was 3.85 in 2023, according to Our World in Data.
- What is the highest annual gdp growth recorded in Tuvalu?
- The highest recorded value was 13.82 in 2019.
- What is the lowest annual gdp growth recorded in Tuvalu?
- The lowest recorded value was -6.25 in 2009.
- How does Tuvalu rank for annual gdp growth?
- Tuvalu ranks 77th out of 211 countries with data for 2023.
- Is annual gdp growth rising or falling in Tuvalu?
- Over the last ten years it is down 11.5%. The long-run trend across the full record is volatile.
- Where does this Tuvalu data come from?
- The figures come from Our World in Data, published as part of Annual gdp growth. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).