Current account balance as a proportion of GDP in Tuvalu
Tuvalu: Current account balance as a proportion of GDP was 4.6% in 2022. ◆ Volatile
Current account balance as a proportion of GDP in Tuvalu, 2001–2022
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2022, current account balance as a proportion of gdp in Tuvalu stood at 4.6%.
That represents a change of down 81.0% on the previous year and down 71.9% over ten years.
Over the whole period, current account balance as a proportion of gdp in Tuvalu peaked at 60.9% in 2018 and was at its lowest, -60.9%, in 2011.
That places Tuvalu 42nd out of 204 countries with data for 2022, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance as a proportion of GDP in Tuvalu, year by year
| Year | % | Change |
|---|---|---|
| 2001 | -55.9% | — |
| 2002 | 0.1% | -100.3% |
| 2003 | -32.3% | -21883.9% |
| 2004 | -31.0% | -4.2% |
| 2005 | -18.7% | -39.7% |
| 2006 | 27.2% | -245.6% |
| 2007 | -15.3% | -156.4% |
| 2008 | -11.6% | -24.2% |
| 2009 | -60.2% | +417.5% |
| 2010 | -43.6% | -27.5% |
| 2011 | -60.9% | +39.5% |
| 2012 | 16.3% | -126.8% |
| 2013 | 2.8% | -82.6% |
| 2014 | -0.5% | -116.9% |
| 2015 | -33.6% | +6901.3% |
| 2016 | 29.6% | -188.2% |
| 2017 | 2.1% | -93.0% |
| 2018 | 60.9% | +2839.0% |
| 2019 | -22.2% | -136.4% |
| 2020 | 16.3% | -173.7% |
| 2021 | 24.1% | +47.7% |
| 2022 | 4.6% | -81.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -22.0% | -60.2% | 27.2% | 9 |
| 2010s | -4.9% | -60.9% | 60.9% | 10 |
| 2020s | 15.0% | 4.6% | 24.1% | 3 |
Countries ranked near Tuvalu
More economy & growth data for Tuvalu
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.93 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.31 Percent per annum (2029)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1529 current US$ per US$ of GDP (2015)
- GNI, Atlas method (current US$), annual growth rate 20.69 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate -0.2777 % change on previous year (2015)
- Net primary income (Net income from abroad) (current LCU), annual 32.15 % change on previous year (2024)
- Net primary income (Net income from abroad) (current US$), annual 31.26 % change on previous year (2024)
- GNI (current LCU), per capita 15,264 current LCU per person (2025)
- GNI (current LCU), per unit of GDP 2.53 current LCU per US$ of GDP (2025)
- GNI, Atlas method (current US$), per unit of GDP 1.62 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is current account balance as a proportion of gdp in Tuvalu?
- Current account balance as a proportion of gdp in Tuvalu was 4.6% in 2022, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Tuvalu?
- The highest recorded value was 60.9% in 2018.
- What is the lowest current account balance as a proportion of gdp recorded in Tuvalu?
- The lowest recorded value was -60.9% in 2011.
- How does Tuvalu rank for current account balance as a proportion of gdp?
- Tuvalu ranks 42nd out of 204 countries with data for 2022.
- Is current account balance as a proportion of gdp rising or falling in Tuvalu?
- Over the last ten years it is down 71.9%. The long-run trend across the full record is volatile.
- Where does this Tuvalu data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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