Current account balance as a share of GDP in Tuvalu
Tuvalu: Current account balance as a share of GDP was 4.6% in 2022. ◆ Volatile
Current account balance as a share of GDP in Tuvalu, 2001–2022
Source: International Monetary Fund – processed by Our World in Data. Measured in %.
Analysis
Tuvalu recorded 4.6% for current account balance as a share of gdp in 2022.
Compared with earlier readings it is down 81.0% on the previous year and down 71.9% over ten years.
Over the whole period, current account balance as a share of gdp in Tuvalu peaked at 60.9% in 2018 and was at its lowest, -60.9%, in 2011.
That places Tuvalu 41st out of 193 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 share of GDP in Tuvalu, year by year
| Year | % | Change |
|---|---|---|
| 2001 | -55.9% | — |
| 2002 | 0.1% | -100.3% |
| 2003 | -32.3% | -21653.3% |
| 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% | +417.8% |
| 2010 | -43.6% | -27.5% |
| 2011 | -60.9% | +39.5% |
| 2012 | 16.3% | -126.8% |
| 2013 | 2.9% | -82.6% |
| 2014 | -0.5% | -116.8% |
| 2015 | -33.6% | +6900.0% |
| 2016 | 29.6% | -188.2% |
| 2017 | 2.1% | -93.0% |
| 2018 | 60.9% | +2843.0% |
| 2019 | -22.2% | -136.4% |
| 2020 | 16.4% | -173.7% |
| 2021 | 24.1% | +47.6% |
| 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 LCU), annual growth rate 19.65 % change on previous year (2015)
- Taxes less subsidies on products (current LCU), per capita 682.23 current LCU per person (2015)
- Taxes less subsidies on products (current US$), per capita 512.54 current US$ per person (2015)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1529 current US$ per US$ of GDP (2015)
- Taxes less subsidies on products (current US$), annual growth rate -0.2777 % change on previous year (2015)
- Net primary income (Net income from abroad) (current LCU), annual 32.15 % change on previous year (2024)
- GNI (current LCU), per unit of GDP 2.53 current LCU per US$ of GDP (2025)
- GNI (current US$), per capita 9,835 current US$ per person (2025)
Frequently asked questions
- What is current account balance as a share of gdp in Tuvalu?
- Current account balance as a share of gdp in Tuvalu was 4.6% in 2022, according to International Monetary Fund – processed by Our World in Data.
- What is the highest current account balance as a share of gdp recorded in Tuvalu?
- The highest recorded value was 60.9% in 2018.
- What is the lowest current account balance as a share of gdp recorded in Tuvalu?
- The lowest recorded value was -60.9% in 2011.
- How does Tuvalu rank for current account balance as a share of gdp?
- Tuvalu ranks 41st out of 193 countries with data for 2022.
- Is current account balance as a share 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 International Monetary Fund – processed by Our World in Data, published as part of Current account balance as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Current account balance as a proportion of GDP (%).