GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Tuvalu
Tuvalu: GDP Deflator — Value Standard Local Currency, 2015 prices, annual was 1.23 % change on previous year in 2024. ◆ Volatile
GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Tuvalu, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Tuvalu recorded 1.23 % change on previous year for gdp deflator — value standard local currency, 2015 prices, annual in 2024.
Compared with earlier readings it is down 82.0% on the previous year and down 75.0% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices, annual in Tuvalu peaked at 9.9 % change on previous year in 1989 and was at its lowest, -7.22 % change on previous year, in 1993.
Tuvalu ranks 174th of 209 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Tuvalu, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 6.77 % change on previous year | — |
| 1972 | 6.8 % change on previous year | +0.4% |
| 1973 | 6.87 % change on previous year | +1.0% |
| 1974 | 6.84 % change on previous year | -0.4% |
| 1975 | 6.73 % change on previous year | -1.6% |
| 1976 | 6.63 % change on previous year | -1.4% |
| 1977 | 6.91 % change on previous year | +4.3% |
| 1978 | 7.23 % change on previous year | +4.6% |
| 1979 | 6.69 % change on previous year | -7.5% |
| 1980 | 6.16 % change on previous year | -7.8% |
| 1981 | 6.13 % change on previous year | -0.5% |
| 1982 | 8.14 % change on previous year | +32.7% |
| 1983 | 9.05 % change on previous year | +11.2% |
| 1984 | 3.8 % change on previous year | -58.0% |
| 1985 | 3.66 % change on previous year | -3.7% |
| 1986 | 5.95 % change on previous year | +62.5% |
| 1987 | 3.33 % change on previous year | -44.0% |
| 1988 | 6.45 % change on previous year | +93.6% |
| 1989 | 9.9 % change on previous year | +53.4% |
| 1990 | 2.05 % change on previous year | -79.3% |
| 1991 | 2.87 % change on previous year | +40.0% |
| 1992 | 8.92 % change on previous year | +211.3% |
| 1993 | -7.22 % change on previous year | -180.8% |
| 1994 | 0.621 % change on previous year | -108.6% |
| 1995 | 6.86 % change on previous year | +1005.3% |
| 1996 | 6.99 % change on previous year | +1.8% |
| 1997 | 7.06 % change on previous year | +1.0% |
| 1998 | -4.39 % change on previous year | -162.3% |
| 1999 | 3.93 % change on previous year | -189.4% |
| 2000 | -1.44 % change on previous year | -136.7% |
| 2001 | 6.06 % change on previous year | -519.4% |
| 2002 | 3.39 % change on previous year | -44.0% |
| 2003 | 2.17 % change on previous year | -35.9% |
| 2004 | 5.67 % change on previous year | +160.6% |
| 2005 | 0.6773 % change on previous year | -88.0% |
| 2006 | 4.08 % change on previous year | +502.7% |
| 2007 | -0.1403 % change on previous year | -103.4% |
| 2008 | 3.46 % change on previous year | -2564.7% |
| 2009 | 0.6716 % change on previous year | -80.6% |
| 2010 | 2.54 % change on previous year | +278.3% |
| 2011 | 0.8143 % change on previous year | -68.0% |
| 2012 | 0.7992 % change on previous year | -1.8% |
| 2013 | 1.98 % change on previous year | +147.3% |
| 2014 | 4.92 % change on previous year | +149.1% |
| 2015 | 4.64 % change on previous year | -5.8% |
| 2016 | 7.72 % change on previous year | +66.5% |
| 2017 | 2.96 % change on previous year | -61.7% |
| 2018 | 7.3 % change on previous year | +146.6% |
| 2019 | 6.51 % change on previous year | -10.9% |
| 2020 | 0.7976 % change on previous year | -87.7% |
| 2021 | 9.13 % change on previous year | +1044.5% |
| 2022 | 9.89 % change on previous year | +8.3% |
| 2023 | 6.85 % change on previous year | -30.7% |
| 2024 | 1.23 % change on previous year | -82.0% |
Tuvalu compared with similar countries
- Tuvalu's 1.23 % change on previous year is below the median for upper middle income countries, which is 3.82 % change on previous year, 32% of the median. (51 countries reporting)
- Tuvalu's 1.23 % change on previous year is below the median for East Asia & Pacific, which is 3.08 % change on previous year, 40% of the median. (24 countries reporting)
Biggest year-on-year movements
Years where GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Tuvalu changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2008 | +2564.7% | -0.1403 % change on previous year | 3.46 % change on previous year |
| 2021 | +1044.5% | 0.7976 % change on previous year | 9.13 % change on previous year |
| 1995 | +1005.3% | 0.621 % change on previous year | 6.86 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.83 % change on previous year | 6.63 % change on previous year | 7.23 % change on previous year | 9 |
| 1980s | 6.26 % change on previous year | 3.33 % change on previous year | 9.9 % change on previous year | 10 |
| 1990s | 2.77 % change on previous year | -7.22 % change on previous year | 8.92 % change on previous year | 10 |
| 2000s | 2.46 % change on previous year | -1.44 % change on previous year | 6.06 % change on previous year | 10 |
| 2010s | 4.02 % change on previous year | 0.7992 % change on previous year | 7.72 % change on previous year | 10 |
| 2020s | 5.58 % change on previous year | 0.7976 % change on previous year | 9.89 % change on previous year | 5 |
Countries ranked near Tuvalu
- 171 Grenada 1.35 % change on previous year compare
- 172 Switzerland 1.29 % change on previous year compare
- 173 Eritrea 1.26 % change on previous year compare
- 175 Armenia 1.16 % change on previous year compare
- 176 Democratic People's Republic of Korea 1.12 % change on previous year compare
- 177 Saint Lucia 0.963 % change on previous year compare
More economy & growth data for Tuvalu
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.31 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.93 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -915,228 BoP, current US$ (2021)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0149 BoP, current US$ per US$ of GDP (2021)
- Foreign direct investment, net outflows (BoP, current US$), per capita -89.78 BoP, current US$ per person (2021)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 258,080 BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 55.2 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0045 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 26.76 BoP, current US$ per person (2024)
- Agriculture, forestry, and fishing, value added (current LCU), annual -0.5864 % change on previous year (2015)
Frequently asked questions
- What is gdp deflator — value standard local currency, 2015 prices, annual in Tuvalu?
- Gdp deflator — value standard local currency, 2015 prices, annual in Tuvalu was 1.23 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp deflator — value standard local currency, 2015 prices, annual recorded in Tuvalu?
- The highest recorded value was 9.9 % change on previous year in 1989.
- What is the lowest gdp deflator — value standard local currency, 2015 prices, annual recorded in Tuvalu?
- The lowest recorded value was -7.22 % change on previous year in 1993.
- How does Tuvalu rank for gdp deflator — value standard local currency, 2015 prices, annual?
- Tuvalu ranks 174th out of 209 countries with data for 2024.
- Is gdp deflator — value standard local currency, 2015 prices, annual rising or falling in Tuvalu?
- Over the last ten years it is down 75.0%. The long-run trend across the full record is volatile.
- Where does this Tuvalu data come from?
- The figures come from Statizoid (derived), published as part of GDP Deflator — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP Deflator — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.