Gross Fixed Capital Formation — Value US$, 2015 prices in Tuvalu
Tuvalu: Gross Fixed Capital Formation — Value US$, 2015 prices was 12.87 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$, 2015 prices in Tuvalu, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Tuvalu recorded 12.87 million USD for gross fixed capital formation — value us$, 2015 prices in 2024.
Compared with earlier readings it is up 2.2% on the previous year and up 725.3% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices in Tuvalu peaked at 16.9 million USD in 2001 and was at its lowest, 0.3792 million USD, in 2004.
That places Tuvalu 235th out of 235 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, 2015 prices in Tuvalu, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 8.29 million USD | — |
| 1971 | 8.16 million USD | -1.6% |
| 1972 | 8 million USD | -1.9% |
| 1973 | 7.85 million USD | -1.9% |
| 1974 | 7.71 million USD | -1.7% |
| 1975 | 7.6 million USD | -1.5% |
| 1976 | 7.52 million USD | -1.0% |
| 1977 | 7.26 million USD | -3.5% |
| 1978 | 7.13 million USD | -1.8% |
| 1979 | 7.08 million USD | -0.6% |
| 1980 | 7.05 million USD | -0.5% |
| 1981 | 7.16 million USD | +1.5% |
| 1982 | 6.17 million USD | -13.9% |
| 1983 | 6.62 million USD | +7.4% |
| 1984 | 7.03 million USD | +6.1% |
| 1985 | 7.04 million USD | +0.2% |
| 1986 | 8.03 million USD | +14.0% |
| 1987 | 10.97 million USD | +36.6% |
| 1988 | 10.6 million USD | -3.4% |
| 1989 | 10.41 million USD | -1.8% |
| 1990 | 11.89 million USD | +14.2% |
| 1991 | 12.02 million USD | +1.1% |
| 1992 | 11.71 million USD | -2.5% |
| 1993 | 12.94 million USD | +10.5% |
| 1994 | 16.82 million USD | +30.0% |
| 1995 | 16.56 million USD | -1.6% |
| 1996 | 12.79 million USD | -22.7% |
| 1997 | 10.23 million USD | -20.0% |
| 1998 | 13.15 million USD | +28.5% |
| 1999 | 11.38 million USD | -13.5% |
| 2000 | 2.87 million USD | -74.8% |
| 2001 | 16.9 million USD | +488.1% |
| 2002 | 4.87 million USD | -71.2% |
| 2003 | 5.28 million USD | +8.5% |
| 2004 | 0.3792 million USD | -92.8% |
| 2005 | 0.9696 million USD | +155.7% |
| 2006 | 1.16 million USD | +20.1% |
| 2007 | 2.77 million USD | +138.1% |
| 2008 | 2.55 million USD | -8.0% |
| 2009 | 4.75 million USD | +86.4% |
| 2010 | 5.04 million USD | +6.1% |
| 2011 | 0.5728 million USD | -88.6% |
| 2012 | 0.5349 million USD | -6.6% |
| 2013 | 1.08 million USD | +102.6% |
| 2014 | 1.56 million USD | +43.9% |
| 2015 | 9.77 million USD | +526.3% |
| 2016 | 13.47 million USD | +37.8% |
| 2017 | 8.88 million USD | -34.1% |
| 2018 | 11.36 million USD | +27.9% |
| 2019 | 13.08 million USD | +15.1% |
| 2020 | 11.57 million USD | -11.5% |
| 2021 | 12.31 million USD | +6.4% |
| 2022 | 12.27 million USD | -0.3% |
| 2023 | 12.59 million USD | +2.6% |
| 2024 | 12.87 million USD | +2.2% |
Tuvalu compared with similar countries
- Tuvalu's 12.87 million USD is below the median for upper middle income countries, which is 7,886 million USD, 0% of the median. (54 countries reporting)
- Tuvalu's 12.87 million USD is below the median for East Asia & Pacific, which is 3,296 million USD, 0% of the median. (28 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value US$, 2015 prices in Tuvalu changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2015 | +526.3% | 1.56 million USD | 9.77 million USD |
| 2001 | +488.1% | 2.87 million USD | 16.9 million USD |
| 2005 | +155.7% | 0.3792 million USD | 0.9696 million USD |
| 2007 | +138.1% | 1.16 million USD | 2.77 million USD |
| 2013 | +102.6% | 0.5349 million USD | 1.08 million USD |
| 2004 | -92.8% | 5.28 million USD | 0.3792 million USD |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.66 million USD | 7.08 million USD | 8.29 million USD | 10 |
| 1980s | 8.11 million USD | 6.17 million USD | 10.97 million USD | 10 |
| 1990s | 12.95 million USD | 10.23 million USD | 16.82 million USD | 10 |
| 2000s | 4.25 million USD | 0.3792 million USD | 16.9 million USD | 10 |
| 2010s | 6.53 million USD | 0.5349 million USD | 13.47 million USD | 10 |
| 2020s | 12.32 million USD | 11.57 million USD | 12.87 million USD | 5 |
Countries ranked near Tuvalu
More economy & growth data for Tuvalu
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.31 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.93 Percent per annum (2029)
- IMF holdings of currency, SDR, annual growth rate 0 % change on previous year (2025)
- IMF holdings of currency, SDR, per unit of GDP 0.033 units per US$ of GDP (2025)
- IMF holdings of currency, SDR, per capita 199.43 units per person (2025)
- Lending to the IMF (GRA), SDR, per capita 0 units per person (2025)
- SDR Allocation, US dollar, annual growth rate 5.01 % change on previous year (2025)
- SDR Allocation, US dollar, per unit of GDP 0.0976 units per US$ of GDP (2025)
- SDR Allocation, US dollar, per capita 589.36 units per person (2025)
- SDR Allocation, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices in Tuvalu?
- Gross fixed capital formation — value us$, 2015 prices in Tuvalu was 12.87 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$, 2015 prices recorded in Tuvalu?
- The highest recorded value was 16.9 million USD in 2001.
- What is the lowest gross fixed capital formation — value us$, 2015 prices recorded in Tuvalu?
- The lowest recorded value was 0.3792 million USD in 2004.
- How does Tuvalu rank for gross fixed capital formation — value us$, 2015 prices?
- Tuvalu ranks 235th out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices rising or falling in Tuvalu?
- Over the last ten years it is up 725.3%. 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 US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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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).