Imports of goods, services and primary income in Tuvalu
Tuvalu: Imports of goods, services and primary income was 67.81 million BoP, current US$ in 2023. ▲ Rising
Imports of goods, services and primary income in Tuvalu, 2001–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Tuvalu recorded 67.81 million BoP, current US$ for imports of goods, services and primary income in 2023.
Compared with earlier readings it is up 17.7% on the previous year and up 56.6% over ten years.
Over the whole period, imports of goods, services and primary income in Tuvalu peaked at 74.80 million BoP, current US$ in 2019 and was at its lowest, 18.66 million BoP, current US$, in 2002.
Tuvalu ranks 200th of 200 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 23 years of available data.
Imports of goods, services and primary income in Tuvalu, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2001 | 26.44 million BoP, current US$ | — |
| 2002 | 18.66 million BoP, current US$ | -29.4% |
| 2003 | 20.85 million BoP, current US$ | +11.8% |
| 2004 | 25.35 million BoP, current US$ | +21.5% |
| 2005 | 20.88 million BoP, current US$ | -17.6% |
| 2006 | 22.19 million BoP, current US$ | +6.3% |
| 2007 | 32.42 million BoP, current US$ | +46.1% |
| 2008 | 40.27 million BoP, current US$ | +24.2% |
| 2009 | 51.91 million BoP, current US$ | +28.9% |
| 2010 | 54.67 million BoP, current US$ | +5.3% |
| 2011 | 67.48 million BoP, current US$ | +23.4% |
| 2012 | 54.38 million BoP, current US$ | -19.4% |
| 2013 | 43.29 million BoP, current US$ | -20.4% |
| 2014 | 46.17 million BoP, current US$ | +6.7% |
| 2015 | 67.18 million BoP, current US$ | +45.5% |
| 2016 | 54.98 million BoP, current US$ | -18.2% |
| 2017 | 58.67 million BoP, current US$ | +6.7% |
| 2018 | 56.55 million BoP, current US$ | -3.6% |
| 2019 | 74.80 million BoP, current US$ | +32.3% |
| 2020 | 57.29 million BoP, current US$ | -23.4% |
| 2021 | 61.01 million BoP, current US$ | +6.5% |
| 2022 | 57.59 million BoP, current US$ | -5.6% |
| 2023 | 67.81 million BoP, current US$ | +17.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 28.78 million BoP, current US$ | 18.66 million BoP, current US$ | 51.91 million BoP, current US$ | 9 |
| 2010s | 57.82 million BoP, current US$ | 43.29 million BoP, current US$ | 74.80 million BoP, current US$ | 10 |
| 2020s | 60.93 million BoP, current US$ | 57.29 million BoP, current US$ | 67.81 million BoP, current US$ | 4 |
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)
- Agriculture, forestry, and fishing, value added (current LCU), annual -0.5864 % change on previous year (2015)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.2122 current LCU per US$ of GDP (2015)
- Agriculture, forestry, and fishing, value added (current LCU), per 711.39 current LCU per person (2015)
- Manufacturing, value added (current US$), per unit of GDP 0.0101 current US$ per US$ of GDP (2011)
- Manufacturing, value added (current US$), per capita 37.32 current US$ per person (2011)
- Manufacturing, value added (current LCU), per unit of GDP 0.0098 current LCU per US$ of GDP (2011)
- Manufacturing, value added (current LCU), per capita 36.18 current LCU per person (2011)
- Industry (including construction), value added (current US$), annual -9.88 % change on previous year (2015)
Frequently asked questions
- What is imports of goods, services and primary income in Tuvalu?
- Imports of goods, services and primary income in Tuvalu was 67.81 million BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest imports of goods, services and primary income recorded in Tuvalu?
- The highest recorded value was 74.80 million BoP, current US$ in 2019.
- What is the lowest imports of goods, services and primary income recorded in Tuvalu?
- The lowest recorded value was 18.66 million BoP, current US$ in 2002.
- How does Tuvalu rank for imports of goods, services and primary income?
- Tuvalu ranks 200th out of 200 countries with data for 2023.
- Is imports of goods, services and primary income rising or falling in Tuvalu?
- Over the last ten years it is up 56.6%. The long-run trend across the full record is rising.
- Where does this Tuvalu data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Imports of goods, services and primary income (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. Primary income represents the return that accrues to institutional units for their contribution to the production process or for the provision of financial assets and renting natural resources to other institutional units. 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.