Gross Domestic Product — Value Standard Local Currency, 2015 prices in Tuvalu
Tuvalu: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 0.0066 million SLC per person in 2024. ▲ Rising
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Tuvalu, 1970–2024
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
In 2024, gross domestic product — value standard local currency, 2015 prices in Tuvalu stood at 0.0066 million SLC per person. That is the highest value across all 55 years on record.
That represents a change of up 4.8% on the previous year and up 66.9% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Tuvalu peaked at 0.0066 million SLC per person in 2024 and was at its lowest, 0.0014 million SLC per person, in 1982.
Tuvalu ranks 182nd of 194 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Tuvalu, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1970 | 0.0026 million SLC per person | — |
| 1971 | 0.0026 million SLC per person | -2.0% |
| 1972 | 0.0025 million SLC per person | -2.1% |
| 1973 | 0.0025 million SLC per person | -1.7% |
| 1974 | 0.0024 million SLC per person | -4.1% |
| 1975 | 0.0022 million SLC per person | -6.3% |
| 1976 | 0.0021 million SLC per person | -5.3% |
| 1977 | 0.0019 million SLC per person | -7.8% |
| 1978 | 0.0018 million SLC per person | -5.7% |
| 1979 | 0.0018 million SLC per person | -3.5% |
| 1980 | 0.0017 million SLC per person | -3.1% |
| 1981 | 0.0017 million SLC per person | +0.4% |
| 1982 | 0.0014 million SLC per person | -17.5% |
| 1983 | 0.0015 million SLC per person | +7.2% |
| 1984 | 0.0016 million SLC per person | +5.9% |
| 1985 | 0.0015 million SLC per person | -3.6% |
| 1986 | 0.0019 million SLC per person | +20.0% |
| 1987 | 0.002 million SLC per person | +10.2% |
| 1988 | 0.0024 million SLC per person | +17.2% |
| 1989 | 0.0023 million SLC per person | -3.6% |
| 1990 | 0.0026 million SLC per person | +13.6% |
| 1991 | 0.0027 million SLC per person | +2.1% |
| 1992 | 0.0027 million SLC per person | +1.5% |
| 1993 | 0.0028 million SLC per person | +3.1% |
| 1994 | 0.0031 million SLC per person | +9.3% |
| 1995 | 0.0029 million SLC per person | -5.8% |
| 1996 | 0.0027 million SLC per person | -6.6% |
| 1997 | 0.0028 million SLC per person | +5.0% |
| 1998 | 0.0034 million SLC per person | +19.1% |
| 1999 | 0.0033 million SLC per person | -1.0% |
| 2000 | 0.0038 million SLC per person | +12.8% |
| 2001 | 0.0038 million SLC per person | +1.0% |
| 2002 | 0.0041 million SLC per person | +7.3% |
| 2003 | 0.0039 million SLC per person | -3.8% |
| 2004 | 0.0038 million SLC per person | -2.9% |
| 2005 | 0.0036 million SLC per person | -5.3% |
| 2006 | 0.0037 million SLC per person | +1.7% |
| 2007 | 0.0039 million SLC per person | +5.0% |
| 2008 | 0.0041 million SLC per person | +5.7% |
| 2009 | 0.0039 million SLC per person | -5.4% |
| 2010 | 0.0037 million SLC per person | -4.7% |
| 2011 | 0.0039 million SLC per person | +5.8% |
| 2012 | 0.0037 million SLC per person | -5.2% |
| 2013 | 0.0039 million SLC per person | +5.4% |
| 2014 | 0.004 million SLC per person | +2.4% |
| 2015 | 0.0044 million SLC per person | +10.6% |
| 2016 | 0.0047 million SLC per person | +7.3% |
| 2017 | 0.0049 million SLC per person | +4.0% |
| 2018 | 0.005 million SLC per person | +2.5% |
| 2019 | 0.0058 million SLC per person | +15.6% |
| 2020 | 0.0057 million SLC per person | -2.6% |
| 2021 | 0.0058 million SLC per person | +3.3% |
| 2022 | 0.006 million SLC per person | +2.3% |
| 2023 | 0.0063 million SLC per person | +5.7% |
| 2024 | 0.0066 million SLC per person | +4.8% |
Tuvalu compared with similar countries
- Tuvalu's 0.0066 million SLC per person is below the median for upper middle income countries, which is 0.0458 million SLC per person, 14% of the median. (54 countries reporting)
- Tuvalu's 0.0066 million SLC per person is below the median for East Asia & Pacific, which is 0.0672 million SLC per person, 10% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0022 million SLC per person | 0.0018 million SLC per person | 0.0026 million SLC per person | 10 |
| 1980s | 0.0018 million SLC per person | 0.0014 million SLC per person | 0.0024 million SLC per person | 10 |
| 1990s | 0.0029 million SLC per person | 0.0026 million SLC per person | 0.0034 million SLC per person | 10 |
| 2000s | 0.0038 million SLC per person | 0.0036 million SLC per person | 0.0041 million SLC per person | 10 |
| 2010s | 0.0044 million SLC per person | 0.0037 million SLC per person | 0.0058 million SLC per person | 10 |
| 2020s | 0.0061 million SLC per person | 0.0057 million SLC per person | 0.0066 million SLC per person | 5 |
Countries ranked near Tuvalu
- 179 Kuwait 0.007 million SLC per person compare
- 180 Papua New Guinea 0.007 million SLC per person compare
- 181 Oman 0.0067 million SLC per person compare
- 183 Ecuador 0.0061 million SLC per person compare
- 184 Azerbaijan 0.006 million SLC per person compare
- 185 Marshall Islands 0.0058 million SLC per person 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 gross domestic product — value standard local currency, 2015 prices in Tuvalu?
- Gross domestic product — value standard local currency, 2015 prices in Tuvalu was 0.0066 million SLC per person in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Tuvalu?
- The highest recorded value was 0.0066 million SLC per person in 2024.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Tuvalu?
- The lowest recorded value was 0.0014 million SLC per person in 1982.
- How does Tuvalu rank for gross domestic product — value standard local currency, 2015 prices?
- Tuvalu ranks 182nd out of 194 countries with data for 2024.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Tuvalu?
- Over the last ten years it is up 66.9%. The long-run trend across the full record is rising.
- Where does this Tuvalu data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value Standard Local Currency, 2015 prices, per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Domestic Product — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Domestic Product — Value Standard Local Currency, 2015 prices ÷ Population, total
Computed from
- Gross Domestic Product — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
- Population, total World Population Prospects, United Nations (UN)
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
Gross Domestic Product — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.