Gross National Income — Value US$, annual growth rate in Tuvalu
Tuvalu: Gross National Income — Value US$, annual growth rate was 6.66 % change on previous year in 2023. ◆ Volatile
Latest (2023)
6.66 % change on previous year
Change on year
up 288.6%
World rank
126th
of 236 countries
All-time high
41.75 % change on previous year
in 1988
All-time low
-19.82 % change on previous year
in 1982
Years of data
53
1971–2023
Gross National Income — Value US$, annual growth rate in Tuvalu, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross national income — value us$, annual growth rate in Tuvalu is 6.66 % change on previous year, measured in 2023.
The figure is up 288.6% on the previous year and up 297.6% over ten years.
Over the whole period, gross national income — value us$, annual growth rate in Tuvalu peaked at 41.75 % change on previous year in 1988 and was at its lowest, -19.82 % change on previous year, in 1982.
That places Tuvalu 126th out of 236 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross National Income — Value US$, annual growth rate in Tuvalu, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 6.29 % change on previous year | — |
| 1972 | 10.2 % change on previous year | +62.1% |
| 1973 | 24.84 % change on previous year | +143.4% |
| 1974 | 6.17 % change on previous year | -75.2% |
| 1975 | -4.13 % change on previous year | -167.0% |
| 1976 | -1.3 % change on previous year | -68.5% |
| 1977 | -6.62 % change on previous year | +408.1% |
| 1978 | 8.66 % change on previous year | -230.8% |
| 1979 | 3.77 % change on previous year | -56.5% |
| 1980 | 7.45 % change on previous year | +97.6% |
| 1981 | 9.89 % change on previous year | +32.8% |
| 1982 | -19.82 % change on previous year | -300.4% |
| 1983 | 5.55 % change on previous year | -128.0% |
| 1984 | 8.66 % change on previous year | +55.9% |
| 1985 | -19.03 % change on previous year | -319.9% |
| 1986 | 24.29 % change on previous year | -227.6% |
| 1987 | 21.58 % change on previous year | -11.2% |
| 1988 | 41.75 % change on previous year | +93.5% |
| 1989 | 9.01 % change on previous year | -78.4% |
| 1990 | 16.1 % change on previous year | +78.6% |
| 1991 | 6.34 % change on previous year | -60.6% |
| 1992 | 6.03 % change on previous year | -4.9% |
| 1993 | -10.71 % change on previous year | -277.7% |
| 1994 | 18.89 % change on previous year | -276.4% |
| 1995 | 2.46 % change on previous year | -87.0% |
| 1996 | 6.68 % change on previous year | +172.0% |
| 1997 | 10.19 % change on previous year | +52.5% |
| 1998 | -6.16 % change on previous year | -160.4% |
| 1999 | 4.8 % change on previous year | -177.9% |
| 2000 | -11.88 % change on previous year | -347.5% |
| 2001 | 10 % change on previous year | -184.2% |
| 2002 | 29.97 % change on previous year | +199.7% |
| 2003 | -10.32 % change on previous year | -134.4% |
| 2004 | 29.82 % change on previous year | -389.0% |
| 2005 | 1.03 % change on previous year | -96.5% |
| 2006 | 3.16 % change on previous year | +206.0% |
| 2007 | 12.64 % change on previous year | +299.6% |
| 2008 | 12.05 % change on previous year | -4.7% |
| 2009 | -12.27 % change on previous year | -201.8% |
| 2010 | 19.68 % change on previous year | -260.4% |
| 2011 | 12.55 % change on previous year | -36.2% |
| 2012 | 13.66 % change on previous year | +8.9% |
| 2013 | 1.67 % change on previous year | -87.7% |
| 2014 | -6.06 % change on previous year | -462.0% |
| 2015 | 6.8 % change on previous year | -212.2% |
| 2016 | -9.42 % change on previous year | -238.5% |
| 2017 | 4.64 % change on previous year | -149.2% |
| 2018 | 10.82 % change on previous year | +133.3% |
| 2019 | 3.8 % change on previous year | -64.9% |
| 2020 | -2.5 % change on previous year | -165.7% |
| 2021 | 19.55 % change on previous year | -882.5% |
| 2022 | 1.71 % change on previous year | -91.2% |
| 2023 | 6.66 % change on previous year | +288.6% |
Tuvalu compared with similar countries
- Tuvalu's 6.66 % change on previous year is below the median for upper middle income countries, which is 7.28 % change on previous year, 91% of the median. (54 countries reporting)
- Tuvalu's 6.66 % change on previous year is above the median for East Asia & Pacific, which is 4.39 % change on previous year, 1.5× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.32 % change on previous year | -6.62 % change on previous year | 24.84 % change on previous year | 9 |
| 1980s | 8.93 % change on previous year | -19.82 % change on previous year | 41.75 % change on previous year | 10 |
| 1990s | 5.46 % change on previous year | -10.71 % change on previous year | 18.89 % change on previous year | 10 |
| 2000s | 6.42 % change on previous year | -12.27 % change on previous year | 29.97 % change on previous year | 10 |
| 2010s | 5.81 % change on previous year | -9.42 % change on previous year | 19.68 % change on previous year | 10 |
| 2020s | 6.36 % change on previous year | -2.5 % change on previous year | 19.55 % change on previous year | 4 |
Countries ranked near Tuvalu
- 123 Estonia 6.75 % change on previous year compare
- 124 Curacao 6.71 % change on previous year compare
- 124 Curaçao 6.71 % change on previous year compare
- 127 Seychelles 6.51 % change on previous year compare
- 128 Ghana 6.5 % change on previous year compare
- 129 Turkmenistan 6.47 % 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 us$, annual growth rate in Tuvalu?
- Gross national income — value us$, annual growth rate in Tuvalu was 6.66 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross national income — value us$, annual growth rate recorded in Tuvalu?
- The highest recorded value was 41.75 % change on previous year in 1988.
- What is the lowest gross national income — value us$, annual growth rate recorded in Tuvalu?
- The lowest recorded value was -19.82 % change on previous year in 1982.
- How does Tuvalu rank for gross national income — value us$, annual growth rate?
- Tuvalu ranks 126th out of 236 countries with data for 2023.
- Is gross national income — value us$, annual growth rate rising or falling in Tuvalu?
- Over the last ten years it is up 297.6%. 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 US$, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross National Income — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross National Income — Value US$ 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 US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.