Personal remittances, received (current US$), annual growth rate in Tuvalu
Tuvalu: Personal remittances, received (current US$), annual growth rate was 4.93 % change on previous year in 2023. ◆ Volatile
Personal remittances, received (current US$), annual growth rate in Tuvalu, 2002–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, personal remittances, received (current us$), annual growth rate in Tuvalu stood at 4.93 % change on previous year.
The figure is up 130.4% on the previous year and up 215.1% over ten years.
Over the whole period, personal remittances, received (current us$), annual growth rate in Tuvalu peaked at 53.91 % change on previous year in 2002 and was at its lowest, -25.72 % change on previous year, in 2006.
Tuvalu ranks 108th of 192 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Personal remittances, received (current US$), annual growth rate in Tuvalu, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2002 | 53.91 % change on previous year | — |
| 2003 | -22.39 % change on previous year | -141.5% |
| 2004 | -4.25 % change on previous year | -81.0% |
| 2005 | 1.45 % change on previous year | -134.1% |
| 2006 | -25.72 % change on previous year | -1873.4% |
| 2007 | 52.99 % change on previous year | -306.0% |
| 2008 | 6.4 % change on previous year | -87.9% |
| 2009 | -19.06 % change on previous year | -397.7% |
| 2010 | -18.79 % change on previous year | -1.4% |
| 2011 | 16.91 % change on previous year | -190.0% |
| 2012 | -16.3 % change on previous year | -196.4% |
| 2013 | -4.28 % change on previous year | -73.7% |
| 2014 | -11.66 % change on previous year | +172.3% |
| 2015 | -18.79 % change on previous year | +61.2% |
| 2016 | -3.32 % change on previous year | -82.3% |
| 2017 | 7.67 % change on previous year | -331.2% |
| 2018 | -2.63 % change on previous year | -134.3% |
| 2019 | -9.92 % change on previous year | +277.0% |
| 2020 | -8.49 % change on previous year | -14.5% |
| 2021 | 34.02 % change on previous year | -500.8% |
| 2022 | -16.23 % change on previous year | -147.7% |
| 2023 | 4.93 % change on previous year | -130.4% |
Tuvalu compared with similar countries
- Tuvalu's 4.93 % change on previous year is below the median for upper middle income countries, which is 4.98 % change on previous year, 99% of the median. (55 countries reporting)
- Tuvalu's 4.93 % change on previous year is above the median for East Asia & Pacific, which is 2.57 % change on previous year, 1.9× the median. (30 countries reporting)
Biggest year-on-year movements
Years where Personal remittances, received (current US$), annual growth rate in Tuvalu changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2006 | -1873.4% | 1.45 % change on previous year | -25.72 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.42 % change on previous year | -25.72 % change on previous year | 53.91 % change on previous year | 8 |
| 2010s | -6.11 % change on previous year | -18.79 % change on previous year | 16.91 % change on previous year | 10 |
| 2020s | 3.56 % change on previous year | -16.23 % change on previous year | 34.02 % change on previous year | 4 |
Countries ranked near Tuvalu
- 105 Belgium 5.59 % change on previous year compare
- 106 Maldives 5 % change on previous year compare
- 107 Georgia 4.98 % change on previous year compare
- 109 Palau 4.92 % change on previous year compare
- 110 Montenegro 4.9 % change on previous year compare
- 111 Mozambique 4.82 % change on previous year compare
More economy & growth data for Tuvalu
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.31 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.93 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), 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 personal remittances, received (current us$), annual growth rate in Tuvalu?
- Personal remittances, received (current us$), annual growth rate in Tuvalu was 4.93 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest personal remittances, received (current us$), annual growth rate recorded in Tuvalu?
- The highest recorded value was 53.91 % change on previous year in 2002.
- What is the lowest personal remittances, received (current us$), annual growth rate recorded in Tuvalu?
- The lowest recorded value was -25.72 % change on previous year in 2006.
- How does Tuvalu rank for personal remittances, received (current us$), annual growth rate?
- Tuvalu ranks 108th out of 192 countries with data for 2023.
- Is personal remittances, received (current us$), annual growth rate rising or falling in Tuvalu?
- Over the last ten years it is up 215.1%. 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 Personal remittances, received (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Personal remittances, received (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Personal remittances, received IMF balance of payments data, 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 Personal remittances, received (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.