Primary income payments (BoP, current US$), annual growth rate in Tuvalu
Tuvalu: Primary income payments (BoP, current US$), annual growth rate was -5.41 % change on previous year in 2023. ◆ Volatile
Primary income payments (BoP, current US$), annual growth rate in Tuvalu, 2002–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Tuvalu recorded -5.41 % change on previous year for primary income payments (bop, current us$), annual growth rate in 2023.
The figure is up 58.3% on the previous year and up 94.1% over ten years.
Over the whole period, primary income payments (bop, current us$), annual growth rate in Tuvalu peaked at 98.24 % change on previous year in 2012 and was at its lowest, -91.35 % change on previous year, in 2013.
That places Tuvalu 153rd out of 198 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Primary income payments (BoP, current US$), annual growth rate in Tuvalu, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2002 | -18.96 % change on previous year | — |
| 2003 | 37.47 % change on previous year | -297.6% |
| 2004 | 34.95 % change on previous year | -6.7% |
| 2005 | 11.87 % change on previous year | -66.0% |
| 2006 | 7.1 % change on previous year | -40.2% |
| 2007 | 11.11 % change on previous year | +56.5% |
| 2008 | -2.62 % change on previous year | -123.6% |
| 2009 | 58.18 % change on previous year | -2320.4% |
| 2010 | 97.19 % change on previous year | +67.0% |
| 2011 | -3.04 % change on previous year | -103.1% |
| 2012 | 98.24 % change on previous year | -3330.4% |
| 2013 | -91.35 % change on previous year | -193.0% |
| 2014 | -12.11 % change on previous year | -86.7% |
| 2015 | -11.08 % change on previous year | -8.5% |
| 2016 | -1.23 % change on previous year | -88.9% |
| 2017 | -2.52 % change on previous year | +105.5% |
| 2018 | 1.14 % change on previous year | -145.2% |
| 2019 | -5.53 % change on previous year | -585.1% |
| 2020 | 20.16 % change on previous year | -464.7% |
| 2021 | -10.08 % change on previous year | -150.0% |
| 2022 | -13 % change on previous year | +29.0% |
| 2023 | -5.41 % change on previous year | -58.3% |
Tuvalu compared with similar countries
- Tuvalu's -5.41 % change on previous year is below the median for upper middle income countries, which is 5.77 % change on previous year. (57 countries reporting)
- Tuvalu's -5.41 % change on previous year is below the median for East Asia & Pacific, which is 5.04 % change on previous year. (33 countries reporting)
Biggest year-on-year movements
Years where Primary income payments (BoP, current US$), annual growth rate in Tuvalu changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2012 | +3330.4% | -3.04 % change on previous year | 98.24 % change on previous year |
| 2009 | +2320.4% | -2.62 % change on previous year | 58.18 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 17.39 % change on previous year | -18.96 % change on previous year | 58.18 % change on previous year | 8 |
| 2010s | 6.97 % change on previous year | -91.35 % change on previous year | 98.24 % change on previous year | 10 |
| 2020s | -2.08 % change on previous year | -13 % change on previous year | 20.16 % change on previous year | 4 |
Countries ranked near Tuvalu
- 150 Algeria -5.11 % change on previous year compare
- 151 Slovakia -5.19 % change on previous year compare
- 152 Malawi -5.24 % change on previous year compare
- 154 Kazakhstan -5.45 % change on previous year compare
- 155 Austria -6.01 % change on previous year compare
- 156 Estonia -6.24 % change on previous year compare
More economy & growth data for Tuvalu
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.93 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.31 Percent per annum (2029)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1529 current US$ per US$ of GDP (2015)
- GNI, Atlas method (current US$), annual growth rate 20.69 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate -0.2777 % change on previous year (2015)
- Net primary income (Net income from abroad) (current LCU), annual 32.15 % change on previous year (2024)
- Net primary income (Net income from abroad) (current US$), annual 31.26 % change on previous year (2024)
- GNI (current LCU), per capita 15,264 current LCU per person (2025)
- GNI (current LCU), per unit of GDP 2.53 current LCU per US$ of GDP (2025)
- GNI, Atlas method (current US$), per unit of GDP 1.62 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is primary income payments (bop, current us$), annual growth rate in Tuvalu?
- Primary income payments (bop, current us$), annual growth rate in Tuvalu was -5.41 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest primary income payments (bop, current us$), annual growth rate recorded in Tuvalu?
- The highest recorded value was 98.24 % change on previous year in 2012.
- What is the lowest primary income payments (bop, current us$), annual growth rate recorded in Tuvalu?
- The lowest recorded value was -91.35 % change on previous year in 2013.
- How does Tuvalu rank for primary income payments (bop, current us$), annual growth rate?
- Tuvalu ranks 153rd out of 198 countries with data for 2023.
- Is primary income payments (bop, current us$), annual growth rate rising or falling in Tuvalu?
- Over the last ten years it is up 94.1%. 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 Primary income payments (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Primary income payments (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Primary income payments 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 Primary income payments (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.