Gross value added at basic prices … current LCU annual growth rate in Tuvalu
Tuvalu: Gross value added at basic prices … current LCU annual growth rate was 2.64 % change on previous year in 2015. ◆ Volatile
Gross value added at basic prices (GVA) (current LCU), annual growth in Tuvalu, 2001–2015
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross value added at basic prices (gva) (current lcu), annual growth in Tuvalu is 2.64 % change on previous year, measured in 2015.
That represents a change of up 18.2% on the previous year and up 216.7% over ten years.
Over the whole period, gross value added at basic prices (gva) (current lcu), annual growth in Tuvalu peaked at 13.69 % change on previous year in 2002 and was at its lowest, -4.75 % change on previous year, in 2012.
Tuvalu ranks 177th of 205 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices … current LCU annual growth rate in Tuvalu, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2001 | 5.87 % change on previous year | — |
| 2002 | 13.69 % change on previous year | +133.1% |
| 2003 | -0.5113 % change on previous year | -103.7% |
| 2004 | 6.12 % change on previous year | -1296.4% |
| 2005 | -2.26 % change on previous year | -137.0% |
| 2006 | 7.69 % change on previous year | -439.6% |
| 2007 | 6.21 % change on previous year | -19.3% |
| 2008 | 11.61 % change on previous year | +87.0% |
| 2009 | -2.77 % change on previous year | -123.9% |
| 2010 | 0.9334 % change on previous year | -133.7% |
| 2011 | 10.01 % change on previous year | +972.9% |
| 2012 | -4.75 % change on previous year | -147.5% |
| 2013 | 1.29 % change on previous year | -127.2% |
| 2014 | 2.24 % change on previous year | +73.0% |
| 2015 | 2.64 % change on previous year | +18.2% |
Tuvalu compared with similar countries
- Tuvalu's 2.64 % change on previous year is below the median for upper middle income countries, which is 6.87 % change on previous year, 38% of the median. (58 countries reporting)
- Tuvalu's 2.64 % change on previous year is below the median for East Asia & Pacific, which is 6.3 % change on previous year, 42% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.07 % change on previous year | -2.77 % change on previous year | 13.69 % change on previous year | 9 |
| 2010s | 2.06 % change on previous year | -4.75 % change on previous year | 10.01 % change on previous year | 6 |
Countries ranked near Tuvalu
- 174 Sweden 2.79 % change on previous year compare
- 175 Singapore 2.77 % change on previous year compare
- 176 Greenland 2.66 % change on previous year compare
- 178 Puerto Rico 2.6 % change on previous year compare
- 179 Norway 2.47 % change on previous year compare
- 180 Oman 2.38 % 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)
- 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 value added at basic prices (gva) (current lcu), annual growth in Tuvalu?
- Gross value added at basic prices (gva) (current lcu), annual growth in Tuvalu was 2.64 % change on previous year in 2015, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current lcu), annual growth recorded in Tuvalu?
- The highest recorded value was 13.69 % change on previous year in 2002.
- What is the lowest gross value added at basic prices (gva) (current lcu), annual growth recorded in Tuvalu?
- The lowest recorded value was -4.75 % change on previous year in 2012.
- How does Tuvalu rank for gross value added at basic prices (gva) (current lcu), annual growth?
- Tuvalu ranks 177th out of 205 countries with data for 2015.
- Is gross value added at basic prices (gva) (current lcu), annual growth rising or falling in Tuvalu?
- Over the last ten years it is up 216.7%. 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 value added at basic prices (GVA) (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross value added at basic prices (GVA) (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Organizations and/or Central Banks
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 value added at basic prices (GVA) (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.