Imports of goods and services (BoP, current US$), annual growth rate in Tuvalu
Tuvalu: Imports of goods and services (BoP, current US$), annual growth rate was 17.85 % change on previous year in 2023. ◆ Volatile
Imports of goods and services (BoP, current US$), annual growth rate in Tuvalu, 2002–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, imports of goods and services (bop, current us$), annual growth rate in Tuvalu stood at 17.85 % change on previous year.
The figure is up 420.9% on the previous year and up 229.7% over ten years.
Over the whole period, imports of goods and services (bop, current us$), annual growth rate in Tuvalu peaked at 47.28 % change on previous year in 2007 and was at its lowest, -29.6 % change on previous year, in 2002.
Tuvalu ranks 20th of 199 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Imports of goods and services (BoP, current US$), annual growth rate in Tuvalu, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2002 | -29.6 % change on previous year | — |
| 2003 | 11.33 % change on previous year | -138.3% |
| 2004 | 21.26 % change on previous year | +87.6% |
| 2005 | -18.33 % change on previous year | -186.2% |
| 2006 | 6.23 % change on previous year | -134.0% |
| 2007 | 47.28 % change on previous year | +658.6% |
| 2008 | 24.9 % change on previous year | -47.3% |
| 2009 | 28.33 % change on previous year | +13.8% |
| 2010 | 3.08 % change on previous year | -89.1% |
| 2011 | 24.66 % change on previous year | +700.7% |
| 2012 | -23.65 % change on previous year | -195.9% |
| 2013 | -13.75 % change on previous year | -41.8% |
| 2014 | 6.83 % change on previous year | -149.6% |
| 2015 | 45.94 % change on previous year | +572.7% |
| 2016 | -18.24 % change on previous year | -139.7% |
| 2017 | 6.76 % change on previous year | -137.1% |
| 2018 | -3.63 % change on previous year | -153.8% |
| 2019 | 32.48 % change on previous year | -993.7% |
| 2020 | -23.57 % change on previous year | -172.6% |
| 2021 | 6.58 % change on previous year | -127.9% |
| 2022 | -5.56 % change on previous year | -184.5% |
| 2023 | 17.85 % change on previous year | -420.9% |
Tuvalu compared with similar countries
- Tuvalu's 17.85 % change on previous year is above the median for upper middle income countries, which is 7.64 % change on previous year, 2.3× the median. (57 countries reporting)
- Tuvalu's 17.85 % change on previous year is above the median for East Asia & Pacific, which is 3.53 % change on previous year, 5.1× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.42 % change on previous year | -29.6 % change on previous year | 47.28 % change on previous year | 8 |
| 2010s | 6.05 % change on previous year | -23.65 % change on previous year | 45.94 % change on previous year | 10 |
| 2020s | -1.18 % change on previous year | -23.57 % change on previous year | 17.85 % change on previous year | 4 |
Countries ranked near Tuvalu
- 17 Ghana 19.36 % change on previous year compare
- 18 Kosovo 18.88 % change on previous year compare
- 18 Kosovo (UNSCR 1244) 18.88 % change on previous year compare
- 21 Moldova 17.81 % change on previous year compare
- 22 Vietnam 17.34 % change on previous year compare
- 23 Cambodia 16.96 % 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 imports of goods and services (bop, current us$), annual growth rate in Tuvalu?
- Imports of goods and services (bop, current us$), annual growth rate in Tuvalu was 17.85 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest imports of goods and services (bop, current us$), annual growth rate recorded in Tuvalu?
- The highest recorded value was 47.28 % change on previous year in 2007.
- What is the lowest imports of goods and services (bop, current us$), annual growth rate recorded in Tuvalu?
- The lowest recorded value was -29.6 % change on previous year in 2002.
- How does Tuvalu rank for imports of goods and services (bop, current us$), annual growth rate?
- Tuvalu ranks 20th out of 199 countries with data for 2023.
- Is imports of goods and services (bop, current us$), annual growth rate rising or falling in Tuvalu?
- Over the last ten years it is up 229.7%. 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 Imports of goods and services (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Imports of goods and services (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Imports of goods and services Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
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 Imports of goods and services (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.