Merchandise trade as a proportion of GDP in Tuvalu
Tuvalu: Merchandise trade as a proportion of GDP was 40.1% in 2023. ▲ Rising
Merchandise trade as a proportion of GDP in Tuvalu, 2000–2023
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2023, merchandise trade as a proportion of gdp in Tuvalu stood at 40.1%.
The figure is down 30.3% on the previous year and down 26.2% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in Tuvalu peaked at 100.5% in 2015 and was at its lowest, 28.6%, in 2001.
That places Tuvalu 158th out of 218 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
Merchandise trade as a proportion of GDP in Tuvalu, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 33.2% | — |
| 2001 | 28.6% | -13.6% |
| 2002 | 65.3% | +128.0% |
| 2003 | 41.1% | -37.0% |
| 2004 | 48.2% | +17.3% |
| 2005 | 56.7% | +17.6% |
| 2006 | 53.9% | -4.9% |
| 2007 | 56.2% | +4.2% |
| 2008 | 81.6% | +45.0% |
| 2009 | 49.9% | -38.9% |
| 2010 | 68.5% | +37.4% |
| 2011 | 68.9% | +0.5% |
| 2012 | 53.4% | -22.5% |
| 2013 | 54.4% | +1.9% |
| 2014 | 56.8% | +4.4% |
| 2015 | 100.5% | +77.1% |
| 2016 | 55.2% | -45.0% |
| 2017 | 59.6% | +7.9% |
| 2018 | 52.1% | -12.7% |
| 2019 | 61.0% | +17.1% |
| 2020 | 65.7% | +7.8% |
| 2021 | 56.5% | -14.0% |
| 2022 | 57.6% | +1.9% |
| 2023 | 40.1% | -30.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 51.5% | 28.6% | 81.6% | 10 |
| 2010s | 63.0% | 52.1% | 100.5% | 10 |
| 2020s | 55.0% | 40.1% | 65.7% | 4 |
Countries ranked near Tuvalu
More economy & growth data for Tuvalu
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.93 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.31 Percent per annum (2029)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1529 current US$ per US$ of GDP (2015)
- GNI, Atlas method (current US$), annual growth rate 20.69 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate -0.2777 % change on previous year (2015)
- Net primary income (Net income from abroad) (current LCU), annual 32.15 % change on previous year (2024)
- Net primary income (Net income from abroad) (current US$), annual 31.26 % change on previous year (2024)
- GNI (current LCU), per capita 15,264 current LCU per person (2025)
- GNI (current LCU), per unit of GDP 2.53 current LCU per US$ of GDP (2025)
- GNI, Atlas method (current US$), per unit of GDP 1.62 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is merchandise trade as a proportion of gdp in Tuvalu?
- Merchandise trade as a proportion of gdp in Tuvalu was 40.1% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest merchandise trade as a proportion of gdp recorded in Tuvalu?
- The highest recorded value was 100.5% in 2015.
- What is the lowest merchandise trade as a proportion of gdp recorded in Tuvalu?
- The lowest recorded value was 28.6% in 2001.
- How does Tuvalu rank for merchandise trade as a proportion of gdp?
- Tuvalu ranks 158th out of 218 countries with data for 2023.
- Is merchandise trade as a proportion of gdp rising or falling in Tuvalu?
- Over the last ten years it is down 26.2%. The long-run trend across the full record is rising.
- Where does this Tuvalu data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Merchandise trade as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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