Gross domestic product (GDP), Constant prices, Purchasing power in Tuvalu

Tuvalu: Gross domestic product (GDP), Constant prices, Purchasing power was 6.27 % change on previous year in 2019. ◆ Volatile

Latest (2019)
6.27 % change on previous year
Change on year
down 10.4%
World rank
19th
of 193 countries
All-time high
22.59 % change on previous year
in 1986
All-time low
-16.01 % change on previous year
in 1982
Years of data
49
1971–2019

Gross domestic product (GDP), Constant prices, Purchasing power in Tuvalu, 1971–2019

-20-1001020197119952019

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2019, gross domestic product (gdp), constant prices, purchasing power in Tuvalu stood at 6.27 % change on previous year.

That represents a change of down 10.4% on the previous year and up 251.8% over ten years.

Over the whole period, gross domestic product (gdp), constant prices, purchasing power in Tuvalu peaked at 22.59 % change on previous year in 1986 and was at its lowest, -16.01 % change on previous year, in 1982.

Tuvalu ranks 19th of 193 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Gross domestic product (GDP), Constant prices, Purchasing power in Tuvalu, year by year

Annual values for Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017, annual growth rate in Tuvalu, 1971 to 2019.
Year % change on previous year Change
1971 -1.58 % change on previous year —
1972 -1.95 % change on previous year +23.1%
1973 -1.93 % change on previous year -1.0%
1974 -1.68 % change on previous year -13.1%
1975 -1.51 % change on previous year -10.2%
1976 -0.8448 % change on previous year -43.9%
1977 -3.74 % change on previous year +342.9%
1978 -1.83 % change on previous year -51.0%
1979 -0.3969 % change on previous year -78.3%
1980 -0.6393 % change on previous year +61.1%
1981 2.6 % change on previous year -506.7%
1982 -16.01 % change on previous year -715.8%
1983 8.97 % change on previous year -156.1%
1984 7.46 % change on previous year -16.9%
1985 -1.83 % change on previous year -124.6%
1986 22.59 % change on previous year -1330.9%
1987 12.26 % change on previous year -45.7%
1988 19.31 % change on previous year +57.5%
1989 -1.95 % change on previous year -110.1%
1990 15.38 % change on previous year -889.4%
1991 3.61 % change on previous year -76.5%
1992 2.79 % change on previous year -22.7%
1993 4.11 % change on previous year +47.4%
1994 10.28 % change on previous year +150.2%
1995 -5 % change on previous year -148.7%
1996 -5.96 % change on previous year +19.1%
1997 5.62 % change on previous year -194.3%
1998 19.73 % change on previous year +251.2%
1999 -0.5313 % change on previous year -102.7%
2000 13.34 % change on previous year -2610.4%
2001 1.45 % change on previous year -89.1%
2002 7.71 % change on previous year +431.3%
2003 -3.11 % change on previous year -140.3%
2004 -1.68 % change on previous year -46.0%
2005 -4.12 % change on previous year +145.7%
2006 2.89 % change on previous year -170.2%
2007 6.35 % change on previous year +119.6%
2008 7.1 % change on previous year +11.8%
2009 -4.13 % change on previous year -158.2%
2010 -3.32 % change on previous year -19.7%
2011 7.48 % change on previous year -325.3%
2012 -3.88 % change on previous year -152.0%
2013 4.91 % change on previous year -226.4%
2014 1.18 % change on previous year -76.0%
2015 9.23 % change on previous year +683.8%
2016 5.88 % change on previous year -36.2%
2017 5.94 % change on previous year +0.9%
2018 7.01 % change on previous year +18.0%
2019 6.27 % change on previous year -10.4%

Tuvalu compared with similar countries

  • Tuvalu's 6.27 % change on previous year is above the median for upper middle income countries, which is 2.68 % change on previous year, 2.3× the median. (57 countries reporting)
  • Tuvalu's 6.27 % change on previous year is above the median for East Asia & Pacific, which is 2.37 % change on previous year, 2.6× the median. (31 countries reporting)

Biggest year-on-year movements

Years where Gross domestic product (GDP), Constant prices, Purchasing power 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.

YearChange FromTo
2000 +2610.4% -0.5313 % change on previous year 13.34 % change on previous year
1986 +1330.9% -1.83 % change on previous year 22.59 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s -1.72 % change on previous year -3.74 % change on previous year -0.3969 % change on previous year 9
1980s 5.28 % change on previous year -16.01 % change on previous year 22.59 % change on previous year 10
1990s 5 % change on previous year -5.96 % change on previous year 19.73 % change on previous year 10
2000s 2.58 % change on previous year -4.13 % change on previous year 13.34 % change on previous year 10
2010s 4.07 % change on previous year -3.88 % change on previous year 9.23 % change on previous year 10

Countries ranked near Tuvalu

  1. 16 Mali 6.64 % change on previous year compare
  2. 17 Papua New Guinea 6.54 % change on previous year compare
  3. 18 Ghana 6.48 % change on previous year compare
  4. 20 Cote d'Ivoire 6.23 % change on previous year compare
  5. 21 Gambia 6.06 % change on previous year compare
  6. 22 Mauritania 5.93 % change on previous year compare

See the full ranking of 193 places →

More economy & growth data for Tuvalu

All data for Tuvalu →

Frequently asked questions

What is gross domestic product (gdp), constant prices, purchasing power in Tuvalu?
Gross domestic product (gdp), constant prices, purchasing power in Tuvalu was 6.27 % change on previous year in 2019, according to Statizoid (derived).
What is the highest gross domestic product (gdp), constant prices, purchasing power recorded in Tuvalu?
The highest recorded value was 22.59 % change on previous year in 1986.
What is the lowest gross domestic product (gdp), constant prices, purchasing power recorded in Tuvalu?
The lowest recorded value was -16.01 % change on previous year in 1982.
How does Tuvalu rank for gross domestic product (gdp), constant prices, purchasing power?
Tuvalu ranks 19th out of 193 countries with data for 2019.
Is gross domestic product (gdp), constant prices, purchasing power rising or falling in Tuvalu?
Over the last ten years it is up 251.8%. 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 Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017, annual growth rate. Statizoid updates them automatically from the source API.

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Gross domestic product (GDP), Constant prices, Purchasing power in Tuvalu. Statizoid, drawing on Statizoid (derived). Retrieved 03 October 2026, from https://economy.statizoid.com/stat/gross-domestic-product-gdp-constant-prices-purchasing-power-parity-ppp-international-5/tuvalu/

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How this figure is calculated

The year-on-year percentage change in Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
193 places, 10,091 data points, 1961–2019
Last refreshed

The year-on-year percentage change in Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.