Gross value added at basic prices (GVA) in Tuvalu
Tuvalu: Gross value added at basic prices (GVA) was 36.01 million current LCU in 2015. ▲ Rising
Gross value added at basic prices (GVA) in Tuvalu, 2000–2015
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for gross value added at basic prices (gva) in Tuvalu is 36.01 million current LCU, measured in 2015. That is the highest value across all 16 years on record.
That represents a change of up 2.6% on the previous year and up 39.5% over ten years.
Over the whole period, gross value added at basic prices (gva) in Tuvalu peaked at 36.01 million current LCU in 2015 and was at its lowest, 20.78 million current LCU, in 2000.
Tuvalu ranks 206th of 207 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 16 years of available data.
Gross value added at basic prices (GVA) in Tuvalu, year by year
| Year | current LCU | Change |
|---|---|---|
| 2000 | 20.78 million current LCU | — |
| 2001 | 22.00 million current LCU | +5.9% |
| 2002 | 25.01 million current LCU | +13.7% |
| 2003 | 24.89 million current LCU | -0.5% |
| 2004 | 26.41 million current LCU | +6.1% |
| 2005 | 25.81 million current LCU | -2.3% |
| 2006 | 27.80 million current LCU | +7.7% |
| 2007 | 29.52 million current LCU | +6.2% |
| 2008 | 32.95 million current LCU | +11.6% |
| 2009 | 32.03 million current LCU | -2.8% |
| 2010 | 32.33 million current LCU | +0.9% |
| 2011 | 35.57 million current LCU | +10.0% |
| 2012 | 33.88 million current LCU | -4.8% |
| 2013 | 34.32 million current LCU | +1.3% |
| 2014 | 35.09 million current LCU | +2.2% |
| 2015 | 36.01 million current LCU | +2.6% |
Tuvalu compared with similar countries
- Tuvalu's 36.01 million current LCU is below the median for upper middle income countries, which is 896.75 billion current LCU, 0% of the median. (58 countries reporting)
- Tuvalu's 36.01 million current LCU is below the median for East Asia & Pacific, which is 504.71 billion current LCU, 0% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 26.72 million current LCU | 20.78 million current LCU | 32.95 million current LCU | 10 |
| 2010s | 34.53 million current LCU | 32.33 million current LCU | 36.01 million current LCU | 6 |
Countries ranked near Tuvalu
- 203 Micronesia (country) 457.34 million current LCU compare
- 204 Palau 281.37 million current LCU compare
- 205 Marshall Islands 278.06 million current LCU compare
- 207 Venezuela 0 current LCU 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 value added at basic prices (gva) in Tuvalu?
- Gross value added at basic prices (gva) in Tuvalu was 36.01 million current LCU in 2015, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross value added at basic prices (gva) recorded in Tuvalu?
- The highest recorded value was 36.01 million current LCU in 2015.
- What is the lowest gross value added at basic prices (gva) recorded in Tuvalu?
- The lowest recorded value was 20.78 million current LCU in 2000.
- How does Tuvalu rank for gross value added at basic prices (gva)?
- Tuvalu ranks 206th out of 207 countries with data for 2015.
- Is gross value added at basic prices (gva) rising or falling in Tuvalu?
- Over the last ten years it is up 39.5%. The long-run trend across the full record is rising.
- Where does this Tuvalu data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross value added at basic prices (GVA) (current LCU). Statizoid updates them automatically from the source API.
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About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.