Gross National Income — Value Standard Local Currency, annual growth in Tuvalu
Tuvalu: Gross National Income — Value Standard Local Currency, annual growth was 11.36 % change on previous year in 2023. ◆ Volatile
Gross National Income — Value Standard Local Currency, annual growth in Tuvalu, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross national income — value standard local currency, annual growth in Tuvalu is 11.36 % change on previous year, measured in 2023.
That represents a change of up 11.9% on the previous year and up 25.5% over ten years.
Over the whole period, gross national income — value standard local currency, annual growth in Tuvalu peaked at 29.85 % change on previous year in 1986 and was at its lowest, -24.87 % change on previous year, in 2003.
That places Tuvalu 72nd out of 231 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross National Income — Value Standard Local Currency, annual growth in Tuvalu, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 5.08 % change on previous year | — |
| 1972 | 4.71 % change on previous year | -7.2% |
| 1973 | 4.8 % change on previous year | +2.0% |
| 1974 | 5.05 % change on previous year | +5.0% |
| 1975 | 5.12 % change on previous year | +1.4% |
| 1976 | 5.73 % change on previous year | +11.9% |
| 1977 | 2.91 % change on previous year | -49.1% |
| 1978 | 5.27 % change on previous year | +80.7% |
| 1979 | 6.26 % change on previous year | +18.9% |
| 1980 | 5.48 % change on previous year | -12.5% |
| 1981 | 8.89 % change on previous year | +62.1% |
| 1982 | -9.17 % change on previous year | -203.2% |
| 1983 | 18.85 % change on previous year | -305.5% |
| 1984 | 11.54 % change on previous year | -38.7% |
| 1985 | 1.74 % change on previous year | -84.9% |
| 1986 | 29.85 % change on previous year | +1616.3% |
| 1987 | 16.07 % change on previous year | -46.2% |
| 1988 | 27.03 % change on previous year | +68.3% |
| 1989 | 7.71 % change on previous year | -71.5% |
| 1990 | 17.61 % change on previous year | +128.4% |
| 1991 | 6.56 % change on previous year | -62.7% |
| 1992 | 12.46 % change on previous year | +89.9% |
| 1993 | -3.57 % change on previous year | -128.6% |
| 1994 | 10.57 % change on previous year | -396.6% |
| 1995 | 1.06 % change on previous year | -90.0% |
| 1996 | 1.06 % change on previous year | +0.1% |
| 1997 | 16.19 % change on previous year | +1432.2% |
| 1998 | 10.87 % change on previous year | -32.9% |
| 1999 | 2.04 % change on previous year | -81.2% |
| 2000 | -1.94 % change on previous year | -194.9% |
| 2001 | 23.31 % change on previous year | -1301.4% |
| 2002 | 23.73 % change on previous year | +1.8% |
| 2003 | -24.87 % change on previous year | -204.8% |
| 2004 | 14.49 % change on previous year | -158.2% |
| 2005 | -2.7 % change on previous year | -118.7% |
| 2006 | 4.62 % change on previous year | -271.0% |
| 2007 | 1.37 % change on previous year | -70.4% |
| 2008 | 11.78 % change on previous year | +759.8% |
| 2009 | -5.64 % change on previous year | -147.9% |
| 2010 | 1.75 % change on previous year | -131.1% |
| 2011 | 0.0889 % change on previous year | -94.9% |
| 2012 | 13.23 % change on previous year | +14782.9% |
| 2013 | 9.05 % change on previous year | -31.6% |
| 2014 | 0.6066 % change on previous year | -93.3% |
| 2015 | 28.14 % change on previous year | +4539.9% |
| 2016 | -8.46 % change on previous year | -130.0% |
| 2017 | 1.49 % change on previous year | -117.6% |
| 2018 | 13.68 % change on previous year | +817.3% |
| 2019 | 11.56 % change on previous year | -15.5% |
| 2020 | -1.51 % change on previous year | -113.1% |
| 2021 | 9.52 % change on previous year | -730.6% |
| 2022 | 10.15 % change on previous year | +6.6% |
| 2023 | 11.36 % change on previous year | +11.9% |
Biggest year-on-year movements
Years where Gross National Income — Value Standard Local Currency, annual growth 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 |
|---|---|---|---|
| 2012 | +14782.9% | 0.0889 % change on previous year | 13.23 % change on previous year |
| 2015 | +4539.9% | 0.6066 % change on previous year | 28.14 % change on previous year |
| 1986 | +1616.3% | 1.74 % change on previous year | 29.85 % change on previous year |
| 1997 | +1432.2% | 1.06 % change on previous year | 16.19 % change on previous year |
| 2001 | +1301.4% | -1.94 % change on previous year | 23.31 % change on previous year |
| 2018 | +817.3% | 1.49 % change on previous year | 13.68 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.99 % change on previous year | 2.91 % change on previous year | 6.26 % change on previous year | 9 |
| 1980s | 11.8 % change on previous year | -9.17 % change on previous year | 29.85 % change on previous year | 10 |
| 1990s | 7.48 % change on previous year | -3.57 % change on previous year | 17.61 % change on previous year | 10 |
| 2000s | 4.41 % change on previous year | -24.87 % change on previous year | 23.73 % change on previous year | 10 |
| 2010s | 7.12 % change on previous year | -8.46 % change on previous year | 28.14 % change on previous year | 10 |
| 2020s | 7.38 % change on previous year | -1.51 % change on previous year | 11.36 % change on previous year | 4 |
Countries ranked near Tuvalu
- 69 Yemen Ar Rp 11.81 % change on previous year compare
- 70 Armenia 11.81 % change on previous year compare
- 71 Kenya 11.77 % change on previous year compare
- 73 Montserrat 11.3 % change on previous year compare
- 74 Czechia 11.05 % change on previous year compare
- 75 Bahamas 10.96 % change on previous year 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 national income — value standard local currency, annual growth in Tuvalu?
- Gross national income — value standard local currency, annual growth in Tuvalu was 11.36 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross national income — value standard local currency, annual growth recorded in Tuvalu?
- The highest recorded value was 29.85 % change on previous year in 1986.
- What is the lowest gross national income — value standard local currency, annual growth recorded in Tuvalu?
- The lowest recorded value was -24.87 % change on previous year in 2003.
- How does Tuvalu rank for gross national income — value standard local currency, annual growth?
- Tuvalu ranks 72nd out of 231 countries with data for 2023.
- Is gross national income — value standard local currency, annual growth rising or falling in Tuvalu?
- Over the last ten years it is up 25.5%. The long-run trend across the full record is volatile.
- Where does this Tuvalu data come from?
- The figures come from Statizoid (derived), published as part of Gross National Income — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross National Income — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross National Income — Value Standard Local Currency Food and Agriculture Organization of the United Nations
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
The year-on-year percentage change in Gross National Income — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.