Gross domestic product (GDP) in Tuvalu
Tuvalu: Gross domestic product (GDP) was 23.01 million current GBP in 2014. ◆ Volatile
Gross domestic product (GDP) in Tuvalu, 1990–2014
Source: Fouquin and Hugot (2016) – processed by Our World in Data. Measured in current GBP.
Analysis
The most recent figure for gross domestic product (gdp) in Tuvalu is 23.01 million current GBP, measured in 2014.
Compared with earlier readings it is down 6.1% on the previous year and up 95.6% over ten years.
Over the whole period, gross domestic product (gdp) in Tuvalu peaked at 25.24 million current GBP in 2012 and was at its lowest, 4.97 million current GBP, in 1990.
That places Tuvalu 200th out of 200 countries with data for 2014, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP) in Tuvalu, year by year
| Year | current GBP | Change |
|---|---|---|
| 1990 | 4.97 million current GBP | — |
| 1991 | 5.31 million current GBP | +6.9% |
| 1992 | 5.55 million current GBP | +4.5% |
| 1993 | 6.42 million current GBP | +15.7% |
| 1994 | 7.11 million current GBP | +10.8% |
| 1995 | 6.99 million current GBP | -1.8% |
| 1996 | 7.91 million current GBP | +13.2% |
| 1997 | 7.76 million current GBP | -1.9% |
| 1998 | 7.70 million current GBP | -0.7% |
| 1999 | 8.46 million current GBP | +9.8% |
| 2000 | 9.08 million current GBP | +7.4% |
| 2001 | 9.17 million current GBP | +0.9% |
| 2002 | 10.31 million current GBP | +12.5% |
| 2003 | 11.17 million current GBP | +8.3% |
| 2004 | 11.76 million current GBP | +5.3% |
| 2005 | 12.01 million current GBP | +2.1% |
| 2006 | 12.45 million current GBP | +3.6% |
| 2007 | 13.51 million current GBP | +8.5% |
| 2008 | 16.48 million current GBP | +22.0% |
| 2009 | 17.40 million current GBP | +5.6% |
| 2010 | 20.60 million current GBP | +18.4% |
| 2011 | 24.54 million current GBP | +19.1% |
| 2012 | 25.24 million current GBP | +2.9% |
| 2013 | 24.51 million current GBP | -2.9% |
| 2014 | 23.01 million current GBP | -6.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.82 million current GBP | 4.97 million current GBP | 8.46 million current GBP | 10 |
| 2000s | 12.33 million current GBP | 9.08 million current GBP | 17.40 million current GBP | 10 |
| 2010s | 23.58 million current GBP | 20.60 million current GBP | 25.24 million current GBP | 5 |
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)
- Taxes less subsidies on products (current LCU), per capita 682.23 current LCU per person (2015)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 2.05 (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.2035 current LCU per US$ of GDP (2015)
- Taxes less subsidies on products (current LCU), annual growth rate 19.65 % change on previous year (2015)
- Taxes less subsidies on products (current US$), per capita 512.54 current US$ per person (2015)
- Net primary income (Net income from abroad) (current LCU), annual 32.15 % change on previous year (2024)
- GNI (current LCU), per capita 15,264 current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual 31.26 % change on previous year (2024)
Frequently asked questions
- What is gross domestic product (gdp) in Tuvalu?
- Gross domestic product (gdp) in Tuvalu was 23.01 million current GBP in 2014, according to Fouquin and Hugot (2016) – processed by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Tuvalu?
- The highest recorded value was 25.24 million current GBP in 2012.
- What is the lowest gross domestic product (gdp) recorded in Tuvalu?
- The lowest recorded value was 4.97 million current GBP in 1990.
- How does Tuvalu rank for gross domestic product (gdp)?
- Tuvalu ranks 200th out of 200 countries with data for 2014.
- Is gross domestic product (gdp) rising or falling in Tuvalu?
- Over the last ten years it is up 95.6%. The long-run trend across the full record is volatile.
- Where does this Tuvalu data come from?
- The figures come from Fouquin and Hugot (2016) – processed by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
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About this data
This data is expressed in British pounds. It is not adjusted for inflation or differences in living costs between countries.