Gross value added at basic prices (GVA) in Tuvalu
Tuvalu: Gross value added at basic prices (GVA) was 27.05 million current US$ in 2015. ▲ Rising
Gross value added at basic prices (GVA) in Tuvalu, 2000–2015
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Tuvalu recorded 27.05 million current US$ for gross value added at basic prices (gva) in 2015.
Compared with earlier readings it is down 14.5% on the previous year and up 37.3% over ten years.
Over the whole period, gross value added at basic prices (gva) in Tuvalu peaked at 36.69 million current US$ in 2011 and was at its lowest, 11.38 million current US$, in 2001.
That places Tuvalu 206th out of 207 countries with data for 2015, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 16 years of available data.
Gross value added at basic prices (GVA) in Tuvalu, year by year
| Year | current US$ | Change |
|---|---|---|
| 2000 | 12.05 million current US$ | — |
| 2001 | 11.38 million current US$ | -5.6% |
| 2002 | 13.59 million current US$ | +19.4% |
| 2003 | 16.14 million current US$ | +18.8% |
| 2004 | 19.42 million current US$ | +20.3% |
| 2005 | 19.71 million current US$ | +1.5% |
| 2006 | 20.93 million current US$ | +6.2% |
| 2007 | 24.70 million current US$ | +18.0% |
| 2008 | 27.64 million current US$ | +11.9% |
| 2009 | 24.98 million current US$ | -9.6% |
| 2010 | 29.66 million current US$ | +18.7% |
| 2011 | 36.69 million current US$ | +23.7% |
| 2012 | 35.08 million current US$ | -4.4% |
| 2013 | 33.13 million current US$ | -5.6% |
| 2014 | 31.63 million current US$ | -4.5% |
| 2015 | 27.05 million current US$ | -14.5% |
Tuvalu compared with similar countries
- Tuvalu's 27.05 million current US$ is below the median for upper middle income countries, which is 39.41 billion current US$, 0% of the median. (58 countries reporting)
- Tuvalu's 27.05 million current US$ is below the median for East Asia & Pacific, which is 22.97 billion current US$, 0% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 19.05 million current US$ | 11.38 million current US$ | 27.64 million current US$ | 10 |
| 2010s | 32.21 million current US$ | 27.05 million current US$ | 36.69 million current US$ | 6 |
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)
- 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 27.05 million current US$ in 2015, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Tuvalu?
- The highest recorded value was 36.69 million current US$ in 2011.
- What is the lowest gross value added at basic prices (gva) recorded in Tuvalu?
- The lowest recorded value was 11.38 million current US$ in 2001.
- 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 37.3%. 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 Offices (NSOs), published as part of Gross value added at basic prices (GVA) (current US$). 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 indicator is expressed in United States dollars.