Net primary income (BoP, current US$), annual growth rate in Tuvalu
Tuvalu: Net primary income (BoP, current US$), annual growth rate was 14.03 % change on previous year in 2023. ◆ Volatile
Net primary income (BoP, current US$), annual growth rate in Tuvalu, 2002–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, net primary income (bop, current us$), annual growth rate in Tuvalu stood at 14.03 % change on previous year.
That represents a change of up 508.3% on the previous year and down 93.6% over ten years.
Over the whole period, net primary income (bop, current us$), annual growth rate in Tuvalu peaked at 220.43 % change on previous year in 2013 and was at its lowest, -47.37 % change on previous year, in 2003.
Tuvalu ranks 53rd of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net primary income (BoP, current US$), annual growth rate in Tuvalu, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2002 | -3.87 % change on previous year | — |
| 2003 | -47.37 % change on previous year | +1124.0% |
| 2004 | 30.76 % change on previous year | -164.9% |
| 2005 | -12.49 % change on previous year | -140.6% |
| 2006 | 68.99 % change on previous year | -652.1% |
| 2007 | 6.28 % change on previous year | -90.9% |
| 2008 | 36.6 % change on previous year | +482.7% |
| 2009 | -19.83 % change on previous year | -154.2% |
| 2010 | -22.75 % change on previous year | +14.7% |
| 2011 | 12.74 % change on previous year | -156.0% |
| 2012 | -22.25 % change on previous year | -274.6% |
| 2013 | 220.43 % change on previous year | -1090.9% |
| 2014 | -18.58 % change on previous year | -108.4% |
| 2015 | 21.41 % change on previous year | -215.2% |
| 2016 | 27.84 % change on previous year | +30.1% |
| 2017 | -14.29 % change on previous year | -151.3% |
| 2018 | 57.1 % change on previous year | -499.5% |
| 2019 | -35.37 % change on previous year | -161.9% |
| 2020 | 28.35 % change on previous year | -180.2% |
| 2021 | 0.9833 % change on previous year | -96.5% |
| 2022 | -3.43 % change on previous year | -449.3% |
| 2023 | 14.03 % change on previous year | -508.3% |
Tuvalu compared with similar countries
- Tuvalu's 14.03 % change on previous year is above the median for upper middle income countries, which is -2.27 % change on previous year. (57 countries reporting)
- Tuvalu's 14.03 % change on previous year is above the median for East Asia & Pacific, which is -0.1462 % change on previous year. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.38 % change on previous year | -47.37 % change on previous year | 68.99 % change on previous year | 8 |
| 2010s | 22.63 % change on previous year | -35.37 % change on previous year | 220.43 % change on previous year | 10 |
| 2020s | 9.98 % change on previous year | -3.43 % change on previous year | 28.35 % change on previous year | 4 |
Countries ranked near Tuvalu
- 50 Algeria 17.98 % change on previous year compare
- 51 Papua New Guinea 17.3 % change on previous year compare
- 52 Guatemala 16.38 % change on previous year compare
- 54 Cape Verde 13.46 % change on previous year compare
- 55 Australia 13.46 % change on previous year compare
- 56 Lesotho 12.78 % change on previous year 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 net primary income (bop, current us$), annual growth rate in Tuvalu?
- Net primary income (bop, current us$), annual growth rate in Tuvalu was 14.03 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest net primary income (bop, current us$), annual growth rate recorded in Tuvalu?
- The highest recorded value was 220.43 % change on previous year in 2013.
- What is the lowest net primary income (bop, current us$), annual growth rate recorded in Tuvalu?
- The lowest recorded value was -47.37 % change on previous year in 2003.
- How does Tuvalu rank for net primary income (bop, current us$), annual growth rate?
- Tuvalu ranks 53rd out of 199 countries with data for 2023.
- Is net primary income (bop, current us$), annual growth rate rising or falling in Tuvalu?
- Over the last ten years it is down 93.6%. The long-run trend across the full record is volatile.
- Where does this Tuvalu data come from?
- The figures come from Statizoid (derived), published as part of Net primary income (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Net primary income (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Net primary income Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
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
The year-on-year percentage change in Net primary income (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.