Gross domestic product (GDP), Current prices, Domestic currency in Tuvalu
Tuvalu: Gross domestic product (GDP), Current prices, Domestic currency was 0.0676 in 2019. ◆ Volatile
Gross domestic product (GDP), Current prices, Domestic currency in Tuvalu, 1970–2019
Source: International Monetary Fund.
Analysis
In 2019, gross domestic product (gdp), current prices, domestic currency in Tuvalu stood at 0.0676. That is the highest value across all 50 years on record.
Compared with earlier readings it is up 9.7% on the previous year and up 95.8% over ten years.
Over the whole period, gross domestic product (gdp), current prices, domestic currency in Tuvalu peaked at 0.0676 in 2019 and was at its lowest, 0.0023, in 1970.
That places Tuvalu 194th out of 194 countries with data for 2019, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), Current prices, Domestic currency in Tuvalu, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 0.0023 | — |
| 1971 | 0.0024 | +5.1% |
| 1972 | 0.0025 | +4.7% |
| 1973 | 0.0027 | +4.8% |
| 1974 | 0.0028 | +5.0% |
| 1975 | 0.0029 | +5.1% |
| 1976 | 0.0031 | +5.7% |
| 1977 | 0.0032 | +2.9% |
| 1978 | 0.0034 | +5.3% |
| 1979 | 0.0036 | +6.3% |
| 1980 | 0.0038 | +5.5% |
| 1981 | 0.0041 | +8.9% |
| 1982 | 0.0037 | -9.2% |
| 1983 | 0.0044 | +18.8% |
| 1984 | 0.0049 | +11.5% |
| 1985 | 0.005 | +1.8% |
| 1986 | 0.0065 | +29.9% |
| 1987 | 0.0076 | +16.0% |
| 1988 | 0.0096 | +27.0% |
| 1989 | 0.0104 | +7.8% |
| 1990 | 0.0122 | +17.7% |
| 1991 | 0.013 | +6.6% |
| 1992 | 0.0146 | +12.0% |
| 1993 | 0.0141 | -3.4% |
| 1994 | 0.0156 | +11.0% |
| 1995 | 0.0159 | +1.5% |
| 1996 | 0.016 | +0.6% |
| 1997 | 0.0181 | +13.1% |
| 1998 | 0.0207 | +14.5% |
| 1999 | 0.0214 | +3.4% |
| 2000 | 0.0239 | +11.7% |
| 2001 | 0.0257 | +7.6% |
| 2002 | 0.0286 | +11.4% |
| 2003 | 0.0283 | -1.0% |
| 2004 | 0.0294 | +3.9% |
| 2005 | 0.0284 | -3.5% |
| 2006 | 0.0304 | +7.1% |
| 2007 | 0.0323 | +6.2% |
| 2008 | 0.0358 | +10.8% |
| 2009 | 0.0345 | -3.5% |
| 2010 | 0.0342 | -0.9% |
| 2011 | 0.0371 | +8.4% |
| 2012 | 0.0359 | -3.1% |
| 2013 | 0.0384 | +7.0% |
| 2014 | 0.0408 | +6.2% |
| 2015 | 0.0466 | +14.3% |
| 2016 | 0.0532 | +14.1% |
| 2017 | 0.0573 | +7.7% |
| 2018 | 0.0616 | +7.5% |
| 2019 | 0.0676 | +9.7% |
Tuvalu compared with similar countries
- Tuvalu's 0.0676 is below the median for upper middle income countries, which is 697.54, 0% of the median. (57 countries reporting)
- Tuvalu's 0.0676 is below the median for East Asia & Pacific, which is 434.67, 0% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0029 | 0.0023 | 0.0036 | 10 |
| 1980s | 0.006 | 0.0037 | 0.0104 | 10 |
| 1990s | 0.0161 | 0.0122 | 0.0214 | 10 |
| 2000s | 0.0297 | 0.0239 | 0.0358 | 10 |
| 2010s | 0.0473 | 0.0342 | 0.0676 | 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)
- SDRs holdings, US dollar, annual growth rate 4.95 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0829 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 501.07 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.0616 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0606 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 365.88 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0452 units per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product (gdp), current prices, domestic currency in Tuvalu?
- Gross domestic product (gdp), current prices, domestic currency in Tuvalu was 0.0676 in 2019, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), current prices, domestic currency recorded in Tuvalu?
- The highest recorded value was 0.0676 in 2019.
- What is the lowest gross domestic product (gdp), current prices, domestic currency recorded in Tuvalu?
- The lowest recorded value was 0.0023 in 1970.
- How does Tuvalu rank for gross domestic product (gdp), current prices, domestic currency?
- Tuvalu ranks 194th out of 194 countries with data for 2019.
- Is gross domestic product (gdp), current prices, domestic currency rising or falling in Tuvalu?
- Over the last ten years it is up 95.8%. The long-run trend across the full record is volatile.
- Where does this Tuvalu data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Current prices, Domestic currency. 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.