Gross Fixed Capital Formation — Value Standard Local Currency in Tuvalu
Tuvalu: Gross Fixed Capital Formation — Value Standard Local Currency was 29.57 million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency in Tuvalu, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, gross fixed capital formation — value standard local currency in Tuvalu stood at 29.57 million SLC. That is the highest value across all 55 years on record.
The figure is up 7.8% on the previous year and up 1,390.3% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency in Tuvalu peaked at 29.57 million SLC in 2024 and was at its lowest, 0.397 million SLC, in 2004.
That places Tuvalu 230th out of 230 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value Standard Local Currency in Tuvalu, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 1.73 million SLC | — |
| 1971 | 1.81 million SLC | +5.1% |
| 1972 | 1.9 million SLC | +4.7% |
| 1973 | 1.99 million SLC | +4.8% |
| 1974 | 2.09 million SLC | +5.0% |
| 1975 | 2.2 million SLC | +5.1% |
| 1976 | 2.32 million SLC | +5.6% |
| 1977 | 2.4 million SLC | +3.2% |
| 1978 | 2.52 million SLC | +5.2% |
| 1979 | 2.67 million SLC | +6.0% |
| 1980 | 2.83 million SLC | +5.7% |
| 1981 | 3.04 million SLC | +7.8% |
| 1982 | 2.84 million SLC | -6.9% |
| 1983 | 3.32 million SLC | +17.1% |
| 1984 | 3.66 million SLC | +10.2% |
| 1985 | 3.8 million SLC | +3.9% |
| 1986 | 4.59 million SLC | +20.8% |
| 1987 | 6.48 million SLC | +41.2% |
| 1988 | 6.67 million SLC | +2.9% |
| 1989 | 7.19 million SLC | +7.9% |
| 1990 | 8.38 million SLC | +16.5% |
| 1991 | 8.72 million SLC | +4.0% |
| 1992 | 9.26 million SLC | +6.2% |
| 1993 | 9.49 million SLC | +2.5% |
| 1994 | 12.41 million SLC | +30.8% |
| 1995 | 13.05 million SLC | +5.2% |
| 1996 | 10.79 million SLC | -17.3% |
| 1997 | 9.24 million SLC | -14.4% |
| 1998 | 11.35 million SLC | +22.9% |
| 1999 | 10.21 million SLC | -10.1% |
| 2000 | 2.54 million SLC | -75.1% |
| 2001 | 15.85 million SLC | +523.7% |
| 2002 | 4.72 million SLC | -70.2% |
| 2003 | 5.24 million SLC | +10.9% |
| 2004 | 0.397 million SLC | -92.4% |
| 2005 | 1.02 million SLC | +157.4% |
| 2006 | 1.28 million SLC | +25.0% |
| 2007 | 3.04 million SLC | +137.7% |
| 2008 | 2.89 million SLC | -4.9% |
| 2009 | 5.42 million SLC | +87.6% |
| 2010 | 5.9 million SLC | +8.8% |
| 2011 | 0.6756 million SLC | -88.5% |
| 2012 | 0.636 million SLC | -5.9% |
| 2013 | 1.31 million SLC | +106.6% |
| 2014 | 1.98 million SLC | +51.0% |
| 2015 | 13.01 million SLC | +555.3% |
| 2016 | 19.31 million SLC | +48.5% |
| 2017 | 13.11 million SLC | -32.1% |
| 2018 | 18 million SLC | +37.3% |
| 2019 | 22.06 million SLC | +22.6% |
| 2020 | 19.68 million SLC | -10.8% |
| 2021 | 22.85 million SLC | +16.1% |
| 2022 | 25.03 million SLC | +9.6% |
| 2023 | 27.44 million SLC | +9.6% |
| 2024 | 29.57 million SLC | +7.8% |
Tuvalu compared with similar countries
- Tuvalu's 29.57 million SLC is below the median for upper middle income countries, which is 199,742 million SLC, 0% of the median. (54 countries reporting)
- Tuvalu's 29.57 million SLC is below the median for East Asia & Pacific, which is 123,364 million SLC, 0% of the median. (28 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value Standard Local Currency 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 |
|---|---|---|---|
| 2015 | +555.3% | 1.98 million SLC | 13.01 million SLC |
| 2001 | +523.7% | 2.54 million SLC | 15.85 million SLC |
| 2005 | +157.4% | 0.397 million SLC | 1.02 million SLC |
| 2007 | +137.7% | 1.28 million SLC | 3.04 million SLC |
| 2013 | +106.6% | 0.636 million SLC | 1.31 million SLC |
| 2004 | -92.4% | 5.24 million SLC | 0.397 million SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.16 million SLC | 1.73 million SLC | 2.67 million SLC | 10 |
| 1980s | 4.44 million SLC | 2.83 million SLC | 7.19 million SLC | 10 |
| 1990s | 10.29 million SLC | 8.38 million SLC | 13.05 million SLC | 10 |
| 2000s | 4.24 million SLC | 0.397 million SLC | 15.85 million SLC | 10 |
| 2010s | 9.6 million SLC | 0.636 million SLC | 22.06 million SLC | 10 |
| 2020s | 24.91 million SLC | 19.68 million SLC | 29.57 million SLC | 5 |
Countries ranked near Tuvalu
- 228 Montserrat 57.65 million SLC compare
- 229 Marshall Islands 55.35 million SLC 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)
- 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 fixed capital formation — value standard local currency in Tuvalu?
- Gross fixed capital formation — value standard local currency in Tuvalu was 29.57 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency recorded in Tuvalu?
- The highest recorded value was 29.57 million SLC in 2024.
- What is the lowest gross fixed capital formation — value standard local currency recorded in Tuvalu?
- The lowest recorded value was 0.397 million SLC in 2004.
- How does Tuvalu rank for gross fixed capital formation — value standard local currency?
- Tuvalu ranks 230th out of 230 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency rising or falling in Tuvalu?
- Over the last ten years it is up 1,390.3%. The long-run trend across the full record is volatile.
- Where does this Tuvalu data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).