Secondary income, other sectors, payments (BoP, current US$), annual in Tuvalu
Tuvalu: Secondary income, other sectors, payments (BoP, current US$), annual was 27.83 % change on previous year in 2023. ◆ Volatile
Secondary income, other sectors, payments (BoP, current US$), annual in Tuvalu, 2002–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for secondary income, other sectors, payments (bop, current us$), annual in Tuvalu is 27.83 % change on previous year, measured in 2023.
The figure is up 200.3% on the previous year and up 174.6% over ten years.
Over the whole period, secondary income, other sectors, payments (bop, current us$), annual in Tuvalu peaked at 96.74 % change on previous year in 2004 and was at its lowest, -51.43 % change on previous year, in 2003.
That places Tuvalu 29th out of 197 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Secondary income, other sectors, payments (BoP, current US$), annual in Tuvalu, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2002 | 15.55 % change on previous year | — |
| 2003 | -51.43 % change on previous year | -430.7% |
| 2004 | 96.74 % change on previous year | -288.1% |
| 2005 | 41.21 % change on previous year | -57.4% |
| 2006 | 80.22 % change on previous year | +94.7% |
| 2007 | 10.7 % change on previous year | -86.7% |
| 2008 | 10.95 % change on previous year | +2.3% |
| 2009 | -8.71 % change on previous year | -179.5% |
| 2010 | 20.98 % change on previous year | -340.9% |
| 2011 | 17.32 % change on previous year | -17.5% |
| 2012 | -5.71 % change on previous year | -133.0% |
| 2013 | -37.3 % change on previous year | +553.6% |
| 2014 | -5.56 % change on previous year | -85.1% |
| 2015 | -15.7 % change on previous year | +182.4% |
| 2016 | 0.1359 % change on previous year | -100.9% |
| 2017 | -2.29 % change on previous year | -1783.7% |
| 2018 | 10.28 % change on previous year | -549.6% |
| 2019 | 3.84 % change on previous year | -62.7% |
| 2020 | 11.81 % change on previous year | +207.5% |
| 2021 | 93.21 % change on previous year | +689.4% |
| 2022 | -27.75 % change on previous year | -129.8% |
| 2023 | 27.83 % change on previous year | -200.3% |
Tuvalu compared with similar countries
- Tuvalu's 27.83 % change on previous year is above the median for upper middle income countries, which is 3.13 % change on previous year, 8.9× the median. (55 countries reporting)
- Tuvalu's 27.83 % change on previous year is above the median for East Asia & Pacific, which is 4.98 % change on previous year, 5.6× the median. (32 countries reporting)
Biggest year-on-year movements
Years where Secondary income, other sectors, payments (BoP, current US$), annual in Tuvalu changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2017 | -1783.7% | 0.1359 % change on previous year | -2.29 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 24.4 % change on previous year | -51.43 % change on previous year | 96.74 % change on previous year | 8 |
| 2010s | -1.4 % change on previous year | -37.3 % change on previous year | 20.98 % change on previous year | 10 |
| 2020s | 26.28 % change on previous year | -27.75 % change on previous year | 93.21 % change on previous year | 4 |
Countries ranked near Tuvalu
- 26 Guatemala 31.47 % change on previous year compare
- 27 Burundi 31.38 % change on previous year compare
- 28 Argentina 28.61 % change on previous year compare
- 30 Netherlands 27.72 % change on previous year compare
- 31 Comoros 26.09 % change on previous year compare
- 32 Cote d'Ivoire 25.45 % change on previous year compare
More economy & growth data for Tuvalu
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.31 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.93 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), 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 secondary income, other sectors, payments (bop, current us$), annual in Tuvalu?
- Secondary income, other sectors, payments (bop, current us$), annual in Tuvalu was 27.83 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest secondary income, other sectors, payments (bop, current us$), annual recorded in Tuvalu?
- The highest recorded value was 96.74 % change on previous year in 2004.
- What is the lowest secondary income, other sectors, payments (bop, current us$), annual recorded in Tuvalu?
- The lowest recorded value was -51.43 % change on previous year in 2003.
- How does Tuvalu rank for secondary income, other sectors, payments (bop, current us$), annual?
- Tuvalu ranks 29th out of 197 countries with data for 2023.
- Is secondary income, other sectors, payments (bop, current us$), annual rising or falling in Tuvalu?
- Over the last ten years it is up 174.6%. 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 Secondary income, other sectors, payments (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Secondary income, other sectors, payments (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Secondary income, other sectors, 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 Secondary income, other sectors, payments (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.