Gross domestic product (GDP), Constant prices, Purchasing power in Tuvalu
Tuvalu: Gross domestic product (GDP), Constant prices, Purchasing power was 0.0544 in 2019. ▲ Rising
Gross domestic product (GDP), Constant prices, Purchasing power in Tuvalu, 1970–2019
Source: International Monetary Fund.
Analysis
The most recent figure for gross domestic product (gdp), constant prices, purchasing power in Tuvalu is 0.0544, measured in 2019. That is the highest value across all 50 years on record.
Compared with earlier readings it is up 6.3% on the previous year and up 47.7% over ten years.
Over the whole period, gross domestic product (gdp), constant prices, purchasing power in Tuvalu peaked at 0.0544 in 2019 and was at its lowest, 0.0099, in 1982.
Tuvalu ranks 193rd of 193 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 50 years of available data.
Gross domestic product (GDP), Constant prices, Purchasing power in Tuvalu, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 0.0135 | — |
| 1971 | 0.0133 | -1.6% |
| 1972 | 0.013 | -1.9% |
| 1973 | 0.0128 | -1.9% |
| 1974 | 0.0126 | -1.7% |
| 1975 | 0.0124 | -1.5% |
| 1976 | 0.0123 | -0.8% |
| 1977 | 0.0118 | -3.7% |
| 1978 | 0.0116 | -1.8% |
| 1979 | 0.0115 | -0.4% |
| 1980 | 0.0115 | -0.6% |
| 1981 | 0.0118 | +2.6% |
| 1982 | 0.0099 | -16.0% |
| 1983 | 0.0108 | +9.0% |
| 1984 | 0.0116 | +7.5% |
| 1985 | 0.0114 | -1.8% |
| 1986 | 0.0139 | +22.6% |
| 1987 | 0.0156 | +12.3% |
| 1988 | 0.0187 | +19.3% |
| 1989 | 0.0183 | -1.9% |
| 1990 | 0.0211 | +15.4% |
| 1991 | 0.0219 | +3.6% |
| 1992 | 0.0225 | +2.8% |
| 1993 | 0.0234 | +4.1% |
| 1994 | 0.0258 | +10.3% |
| 1995 | 0.0245 | -5.0% |
| 1996 | 0.0231 | -6.0% |
| 1997 | 0.0244 | +5.6% |
| 1998 | 0.0292 | +19.7% |
| 1999 | 0.029 | -0.5% |
| 2000 | 0.0329 | +13.3% |
| 2001 | 0.0333 | +1.5% |
| 2002 | 0.0359 | +7.7% |
| 2003 | 0.0348 | -3.1% |
| 2004 | 0.0342 | -1.7% |
| 2005 | 0.0328 | -4.1% |
| 2006 | 0.0338 | +2.9% |
| 2007 | 0.0359 | +6.3% |
| 2008 | 0.0384 | +7.1% |
| 2009 | 0.0369 | -4.1% |
| 2010 | 0.0356 | -3.3% |
| 2011 | 0.0383 | +7.5% |
| 2012 | 0.0368 | -3.9% |
| 2013 | 0.0386 | +4.9% |
| 2014 | 0.0391 | +1.2% |
| 2015 | 0.0427 | +9.2% |
| 2016 | 0.0452 | +5.9% |
| 2017 | 0.0479 | +5.9% |
| 2018 | 0.0512 | +7.0% |
| 2019 | 0.0544 | +6.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0125 | 0.0115 | 0.0135 | 10 |
| 1980s | 0.0133 | 0.0099 | 0.0187 | 10 |
| 1990s | 0.0245 | 0.0211 | 0.0292 | 10 |
| 2000s | 0.0349 | 0.0328 | 0.0384 | 10 |
| 2010s | 0.043 | 0.0356 | 0.0544 | 10 |
Countries ranked near Tuvalu
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 gross domestic product (gdp), constant prices, purchasing power in Tuvalu?
- Gross domestic product (gdp), constant prices, purchasing power in Tuvalu was 0.0544 in 2019, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), constant prices, purchasing power recorded in Tuvalu?
- The highest recorded value was 0.0544 in 2019.
- What is the lowest gross domestic product (gdp), constant prices, purchasing power recorded in Tuvalu?
- The lowest recorded value was 0.0099 in 1982.
- How does Tuvalu rank for gross domestic product (gdp), constant prices, purchasing power?
- Tuvalu ranks 193rd 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 47.7%. The long-run trend across the full record is rising.
- Where does this Tuvalu data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Statizoid updates them automatically from the source API.
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.