Personal remittances, received (current US$), per unit of GDP in Tuvalu
Tuvalu: Personal remittances, received (current US$), per unit of GDP was 0.0514 current US$ per US$ of GDP in 2023. ◆ Volatile
Personal remittances, received (current US$), per unit of GDP in Tuvalu, 2001–2023
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
The most recent figure for personal remittances, received (current us$), per unit of gdp in Tuvalu is 0.0514 current US$ per US$ of GDP, measured in 2023.
That represents a change of up 12.4% on the previous year and down 45.8% over ten years.
Over the whole period, personal remittances, received (current us$), per unit of gdp in Tuvalu peaked at 0.3932 current US$ per US$ of GDP in 2002 and was at its lowest, 0.0421 current US$ per US$ of GDP, in 2020.
That places Tuvalu 61st out of 196 countries with data for 2023, putting it 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$), per unit of GDP in Tuvalu, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 2001 | 0.3006 current US$ per US$ of GDP | — |
| 2002 | 0.3932 current US$ per US$ of GDP | +30.8% |
| 2003 | 0.2593 current US$ per US$ of GDP | -34.1% |
| 2004 | 0.2125 current US$ per US$ of GDP | -18.0% |
| 2005 | 0.2159 current US$ per US$ of GDP | +1.6% |
| 2006 | 0.1509 current US$ per US$ of GDP | -30.1% |
| 2007 | 0.1963 current US$ per US$ of GDP | +30.1% |
| 2008 | 0.1887 current US$ per US$ of GDP | -3.9% |
| 2009 | 0.1733 current US$ per US$ of GDP | -8.2% |
| 2010 | 0.1209 current US$ per US$ of GDP | -30.2% |
| 2011 | 0.1155 current US$ per US$ of GDP | -4.4% |
| 2012 | 0.0986 current US$ per US$ of GDP | -14.7% |
| 2013 | 0.0947 current US$ per US$ of GDP | -3.9% |
| 2014 | 0.0839 current US$ per US$ of GDP | -11.4% |
| 2015 | 0.0717 current US$ per US$ of GDP | -14.6% |
| 2016 | 0.0617 current US$ per US$ of GDP | -14.0% |
| 2017 | 0.0605 current US$ per US$ of GDP | -1.8% |
| 2018 | 0.0556 current US$ per US$ of GDP | -8.2% |
| 2019 | 0.0449 current US$ per US$ of GDP | -19.2% |
| 2020 | 0.0421 current US$ per US$ of GDP | -6.3% |
| 2021 | 0.0479 current US$ per US$ of GDP | +13.8% |
| 2022 | 0.0457 current US$ per US$ of GDP | -4.6% |
| 2023 | 0.0514 current US$ per US$ of GDP | +12.4% |
Tuvalu compared with similar countries
- Tuvalu's 0.0514 current US$ per US$ of GDP is above the median for upper middle income countries, which is 0.0372 current US$ per US$ of GDP, 1.4× the median. (57 countries reporting)
- Tuvalu's 0.0514 current US$ per US$ of GDP is above the median for East Asia & Pacific, which is 0.034 current US$ per US$ of GDP, 1.5× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.2323 current US$ per US$ of GDP | 0.1509 current US$ per US$ of GDP | 0.3932 current US$ per US$ of GDP | 9 |
| 2010s | 0.0808 current US$ per US$ of GDP | 0.0449 current US$ per US$ of GDP | 0.1209 current US$ per US$ of GDP | 10 |
| 2020s | 0.0467 current US$ per US$ of GDP | 0.0421 current US$ per US$ of GDP | 0.0514 current US$ per US$ of GDP | 4 |
Countries ranked near Tuvalu
- 58 Ecuador 0.0593 current US$ per US$ of GDP compare
- 59 Dominica 0.0548 current US$ per US$ of GDP compare
- 60 Curaçao 0.0538 current US$ per US$ of GDP compare
- 62 Viet Nam 0.0508 current US$ per US$ of GDP
- 63 Armenia 0.049 current US$ per US$ of GDP compare
- 64 Ethiopia 0.0477 current US$ per US$ of GDP 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$), per unit of gdp in Tuvalu?
- Personal remittances, received (current us$), per unit of gdp in Tuvalu was 0.0514 current US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest personal remittances, received (current us$), per unit of gdp recorded in Tuvalu?
- The highest recorded value was 0.3932 current US$ per US$ of GDP in 2002.
- What is the lowest personal remittances, received (current us$), per unit of gdp recorded in Tuvalu?
- The lowest recorded value was 0.0421 current US$ per US$ of GDP in 2020.
- How does Tuvalu rank for personal remittances, received (current us$), per unit of gdp?
- Tuvalu ranks 61st out of 196 countries with data for 2023.
- Is personal remittances, received (current us$), per unit of gdp rising or falling in Tuvalu?
- Over the last ten years it is down 45.8%. 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$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Personal remittances, received (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Personal remittances, received (current US$) ÷ GDP (current US$)
Computed from
- Personal remittances, received IMF balance of payments data, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Personal remittances, received (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.