Industry (including construction), value added in Tuvalu
Tuvalu: Industry (including construction), value added was 2.58 million current US$ in 2015. ▲ Rising
Industry (including construction), value added in Tuvalu, 1990–2015
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2015, industry (including construction), value added in Tuvalu stood at 2.58 million current US$.
Compared with earlier readings it is down 9.9% on the previous year and up 52.0% over ten years.
Over the whole period, industry (including construction), value added in Tuvalu peaked at 3.91 million current US$ in 2008 and was at its lowest, 941,254 current US$, in 2000.
That places Tuvalu 208th out of 209 countries with data for 2015, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 26 years of available data.
Industry (including construction), value added in Tuvalu, year by year
| Year | current US$ | Change |
|---|---|---|
| 1990 | 1.28 million current US$ | — |
| 1991 | 1.38 million current US$ | +7.4% |
| 1992 | 1.99 million current US$ | +44.6% |
| 1993 | 1.52 million current US$ | -23.7% |
| 1994 | 1.56 million current US$ | +2.6% |
| 1995 | 1.54 million current US$ | -1.3% |
| 1996 | 1.39 million current US$ | -10.0% |
| 1997 | 1.68 million current US$ | +21.5% |
| 1998 | 1.75 million current US$ | +3.7% |
| 1999 | 1.96 million current US$ | +12.2% |
| 2000 | 941,254 current US$ | -52.0% |
| 2001 | 1.04 million current US$ | +10.0% |
| 2002 | 1.24 million current US$ | +19.6% |
| 2003 | 1.86 million current US$ | +50.0% |
| 2004 | 2.05 million current US$ | +10.5% |
| 2005 | 1.70 million current US$ | -17.1% |
| 2006 | 1.30 million current US$ | -23.4% |
| 2007 | 2.12 million current US$ | +62.6% |
| 2008 | 3.91 million current US$ | +84.6% |
| 2009 | 3.10 million current US$ | -20.7% |
| 2010 | 1.77 million current US$ | -42.8% |
| 2011 | 3.49 million current US$ | +96.5% |
| 2012 | 3.00 million current US$ | -13.8% |
| 2013 | 2.89 million current US$ | -3.7% |
| 2014 | 2.87 million current US$ | -0.9% |
| 2015 | 2.58 million current US$ | -9.9% |
Tuvalu compared with similar countries
- Tuvalu's 2.58 million current US$ is below the median for upper middle income countries, which is 15.93 billion current US$, 0% of the median. (59 countries reporting)
- Tuvalu's 2.58 million current US$ is below the median for East Asia & Pacific, which is 9.23 billion current US$, 0% of the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.61 million current US$ | 1.28 million current US$ | 1.99 million current US$ | 10 |
| 2000s | 1.92 million current US$ | 941,254 current US$ | 3.91 million current US$ | 10 |
| 2010s | 2.77 million current US$ | 1.77 million current US$ | 3.49 million current US$ | 6 |
Countries ranked near Tuvalu
- 205 Marshall Islands 38.23 million current US$ compare
- 206 Micronesia (country) 26.47 million current US$ compare
- 207 Sao Tome and Principe 21.86 million current US$ compare
- 209 Venezuela 0 current US$ 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 industry (including construction), value added in Tuvalu?
- Industry (including construction), value added in Tuvalu was 2.58 million current US$ in 2015, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Tuvalu?
- The highest recorded value was 3.91 million current US$ in 2008.
- What is the lowest industry (including construction), value added recorded in Tuvalu?
- The lowest recorded value was 941,254 current US$ in 2000.
- How does Tuvalu rank for industry (including construction), value added?
- Tuvalu ranks 208th out of 209 countries with data for 2015.
- Is industry (including construction), value added rising or falling in Tuvalu?
- Over the last ten years it is up 52.0%. 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 Industry (including construction), value added (current US$). Statizoid updates them automatically from the source API.
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About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. 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.