Net primary income (BoP, current US$) in Tuvalu
Tuvalu: Net primary income (BoP, current US$) was 47.88 million BoP, current US$ in 2023. ◆ Volatile
Net primary income in Tuvalu, 2001–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net primary income in Tuvalu is 47.88 million BoP, current US$, measured in 2023.
Compared with earlier readings it is up 14.0% on the previous year and up 57.0% over ten years.
Over the whole period, net primary income in Tuvalu peaked at 51.91 million BoP, current US$ in 2018 and was at its lowest, 6.25 million BoP, current US$, in 2003.
That places Tuvalu 42nd out of 200 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net primary income (BoP, current US$) in Tuvalu, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2001 | 12.35 million BoP, current US$ | — |
| 2002 | 11.87 million BoP, current US$ | -3.9% |
| 2003 | 6.25 million BoP, current US$ | -47.4% |
| 2004 | 8.17 million BoP, current US$ | +30.8% |
| 2005 | 7.15 million BoP, current US$ | -12.5% |
| 2006 | 12.08 million BoP, current US$ | +69.0% |
| 2007 | 12.84 million BoP, current US$ | +6.3% |
| 2008 | 17.54 million BoP, current US$ | +36.6% |
| 2009 | 14.06 million BoP, current US$ | -19.8% |
| 2010 | 10.86 million BoP, current US$ | -22.8% |
| 2011 | 12.24 million BoP, current US$ | +12.7% |
| 2012 | 9.52 million BoP, current US$ | -22.2% |
| 2013 | 30.51 million BoP, current US$ | +220.4% |
| 2014 | 24.84 million BoP, current US$ | -18.6% |
| 2015 | 30.16 million BoP, current US$ | +21.4% |
| 2016 | 38.55 million BoP, current US$ | +27.8% |
| 2017 | 33.04 million BoP, current US$ | -14.3% |
| 2018 | 51.91 million BoP, current US$ | +57.1% |
| 2019 | 33.55 million BoP, current US$ | -35.4% |
| 2020 | 43.06 million BoP, current US$ | +28.4% |
| 2021 | 43.48 million BoP, current US$ | +1.0% |
| 2022 | 41.99 million BoP, current US$ | -3.4% |
| 2023 | 47.88 million BoP, current US$ | +14.0% |
Tuvalu compared with similar countries
- Tuvalu's 47.88 million BoP, current US$ is above the median for upper middle income countries, which is -791.43 million BoP, current US$. (57 countries reporting)
- Tuvalu's 47.88 million BoP, current US$ is above the median for East Asia & Pacific, which is 7.29 million BoP, current US$, 6.6× the median. (33 countries reporting)
Biggest year-on-year movements
Years where Net primary income (BoP, current US$) in Tuvalu changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2013 | +220.4% | 9.52 million BoP, current US$ | 30.51 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.37 million BoP, current US$ | 6.25 million BoP, current US$ | 17.54 million BoP, current US$ | 9 |
| 2010s | 27.52 million BoP, current US$ | 9.52 million BoP, current US$ | 51.91 million BoP, current US$ | 10 |
| 2020s | 44.10 million BoP, current US$ | 41.99 million BoP, current US$ | 47.88 million BoP, current US$ | 4 |
Countries ranked near Tuvalu
- 39 Montenegro 68.51 million BoP, current US$ compare
- 40 Tonga 64.24 million BoP, current US$ compare
- 41 Marshall Islands 52.57 million BoP, current US$ compare
- 43 Togo 42.76 million BoP, current US$ compare
- 44 Curacao 27.25 million BoP, current US$ compare
- 45 Micronesia (country) 26.65 million BoP, current US$ compare
More economy & growth data for Tuvalu
- Real gdp growth, annual growth rate -23.54 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 4.95 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0829 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 501.07 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.0616 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0606 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 365.88 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is net primary income in Tuvalu?
- Net primary income in Tuvalu was 47.88 million BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net primary income recorded in Tuvalu?
- The highest recorded value was 51.91 million BoP, current US$ in 2018.
- What is the lowest net primary income recorded in Tuvalu?
- The lowest recorded value was 6.25 million BoP, current US$ in 2003.
- How does Tuvalu rank for net primary income?
- Tuvalu ranks 42nd out of 200 countries with data for 2023.
- Is net primary income rising or falling in Tuvalu?
- Over the last ten years it is up 57.0%. The long-run trend across the full record is volatile.
- 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 Net primary income (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Net primary income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). 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.