Imports of goods and services (BoP, current US$), per unit of GDP in Tuvalu
Tuvalu: Imports of goods and services (BoP, current US$), per unit of GDP was 1.34 BoP, current US$ per US$ of GDP in 2023. ▬ Flat
Imports of goods and services (BoP, current US$), per unit of GDP in Tuvalu, 2001–2023
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
The most recent figure for imports of goods and services (bop, current us$), per unit of gdp in Tuvalu is 1.34 BoP, current US$ per US$ of GDP, measured in 2023.
The figure is up 26.3% on the previous year and up 20.9% over ten years.
Over the whole period, imports of goods and services (bop, current us$), per unit of gdp in Tuvalu peaked at 1.84 BoP, current US$ per US$ of GDP in 2001 and was at its lowest, 0.8845 BoP, current US$ per US$ of GDP, in 2006.
That places Tuvalu 6th out of 199 countries with data for 2023, putting it in the top 10%.
Imports of goods and services (BoP, current US$), per unit of GDP in Tuvalu, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 2001 | 1.84 BoP, current US$ per US$ of GDP | — |
| 2002 | 1.1 BoP, current US$ per US$ of GDP | -40.2% |
| 2003 | 1.04 BoP, current US$ per US$ of GDP | -5.4% |
| 2004 | 1.08 BoP, current US$ per US$ of GDP | +3.8% |
| 2005 | 0.8847 BoP, current US$ per US$ of GDP | -18.2% |
| 2006 | 0.8845 BoP, current US$ per US$ of GDP | -0.0% |
| 2007 | 1.11 BoP, current US$ per US$ of GDP | +25.2% |
| 2008 | 1.25 BoP, current US$ per US$ of GDP | +12.8% |
| 2009 | 1.82 BoP, current US$ per US$ of GDP | +45.6% |
| 2010 | 1.61 BoP, current US$ per US$ of GDP | -11.5% |
| 2011 | 1.64 BoP, current US$ per US$ of GDP | +1.9% |
| 2012 | 1.28 BoP, current US$ per US$ of GDP | -22.2% |
| 2013 | 1.11 BoP, current US$ per US$ of GDP | -13.4% |
| 2014 | 1.19 BoP, current US$ per US$ of GDP | +7.2% |
| 2015 | 1.82 BoP, current US$ per US$ of GDP | +53.4% |
| 2016 | 1.32 BoP, current US$ per US$ of GDP | -27.2% |
| 2017 | 1.29 BoP, current US$ per US$ of GDP | -2.6% |
| 2018 | 1.17 BoP, current US$ per US$ of GDP | -9.1% |
| 2019 | 1.39 BoP, current US$ per US$ of GDP | +18.9% |
| 2020 | 1.09 BoP, current US$ per US$ of GDP | -21.8% |
| 2021 | 0.9854 BoP, current US$ per US$ of GDP | -9.5% |
| 2022 | 1.06 BoP, current US$ per US$ of GDP | +7.5% |
| 2023 | 1.34 BoP, current US$ per US$ of GDP | +26.3% |
Tuvalu compared with similar countries
- Tuvalu's 1.34 BoP, current US$ per US$ of GDP is above the median for upper middle income countries, which is 0.5329 BoP, current US$ per US$ of GDP, 2.5× the median. (57 countries reporting)
- Tuvalu's 1.34 BoP, current US$ per US$ of GDP is above the median for East Asia & Pacific, which is 0.6017 BoP, current US$ per US$ of GDP, 2.2× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.22 BoP, current US$ per US$ of GDP | 0.8845 BoP, current US$ per US$ of GDP | 1.84 BoP, current US$ per US$ of GDP | 9 |
| 2010s | 1.38 BoP, current US$ per US$ of GDP | 1.11 BoP, current US$ per US$ of GDP | 1.82 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 1.12 BoP, current US$ per US$ of GDP | 0.9854 BoP, current US$ per US$ of GDP | 1.34 BoP, current US$ per US$ of GDP | 4 |
Countries ranked near Tuvalu
- 3 Luxembourg 1.62 BoP, current US$ per US$ of GDP compare
- 4 San Marino 1.55 BoP, current US$ per US$ of GDP compare
- 5 Singapore 1.42 BoP, current US$ per US$ of GDP compare
- 7 Suriname 1.22 BoP, current US$ per US$ of GDP compare
- 8 Lebanon 1.16 BoP, current US$ per US$ of GDP compare
- 9 Djibouti 1.15 BoP, current US$ per US$ of GDP 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$), per unit of gdp in Tuvalu?
- Imports of goods and services (bop, current us$), per unit of gdp in Tuvalu was 1.34 BoP, current US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest imports of goods and services (bop, current us$), per unit of gdp recorded in Tuvalu?
- The highest recorded value was 1.84 BoP, current US$ per US$ of GDP in 2001.
- What is the lowest imports of goods and services (bop, current us$), per unit of gdp recorded in Tuvalu?
- The lowest recorded value was 0.8845 BoP, current US$ per US$ of GDP in 2006.
- How does Tuvalu rank for imports of goods and services (bop, current us$), per unit of gdp?
- Tuvalu ranks 6th out of 199 countries with data for 2023.
- Is imports of goods and services (bop, current us$), per unit of gdp rising or falling in Tuvalu?
- Over the last ten years it is up 20.9%. The long-run trend across the full record is flat.
- 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$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Imports of goods and services (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Imports of goods and services (BoP, current US$) ÷ GDP (current US$)
Computed from
- Imports of goods and services Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Imports of goods and services (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.