Secondary income, other sectors, payments (BoP, current US$), per in Tuvalu
Tuvalu: Secondary income, other sectors, payments (BoP, current US$), per was 0.0395 BoP, current US$ per US$ of GDP in 2023. ▼ Falling
Secondary income, other sectors, payments (BoP, current US$), per in Tuvalu, 2001–2023
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
In 2023, secondary income, other sectors, payments (bop, current us$), per in Tuvalu stood at 0.0395 BoP, current US$ per US$ of GDP.
That represents a change of up 37.0% on the previous year and up 36.7% over ten years.
Over the whole period, secondary income, other sectors, payments (bop, current us$), per in Tuvalu peaked at 0.0498 BoP, current US$ per US$ of GDP in 2010 and was at its lowest, 0.0121 BoP, current US$ per US$ of GDP, in 2003.
Tuvalu ranks 32nd of 197 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 23 years of available data.
Secondary income, other sectors, payments (BoP, current US$), per in Tuvalu, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 2001 | 0.03 BoP, current US$ per US$ of GDP | — |
| 2002 | 0.0294 BoP, current US$ per US$ of GDP | -1.8% |
| 2003 | 0.0121 BoP, current US$ per US$ of GDP | -58.7% |
| 2004 | 0.0204 BoP, current US$ per US$ of GDP | +68.4% |
| 2005 | 0.0289 BoP, current US$ per US$ of GDP | +41.4% |
| 2006 | 0.049 BoP, current US$ per US$ of GDP | +69.6% |
| 2007 | 0.0461 BoP, current US$ per US$ of GDP | -5.9% |
| 2008 | 0.0462 BoP, current US$ per US$ of GDP | +0.2% |
| 2009 | 0.0479 BoP, current US$ per US$ of GDP | +3.6% |
| 2010 | 0.0498 BoP, current US$ per US$ of GDP | +3.9% |
| 2011 | 0.0477 BoP, current US$ per US$ of GDP | -4.1% |
| 2012 | 0.0459 BoP, current US$ per US$ of GDP | -3.9% |
| 2013 | 0.0289 BoP, current US$ per US$ of GDP | -37.1% |
| 2014 | 0.0274 BoP, current US$ per US$ of GDP | -5.3% |
| 2015 | 0.0242 BoP, current US$ per US$ of GDP | -11.4% |
| 2016 | 0.0216 BoP, current US$ per US$ of GDP | -10.9% |
| 2017 | 0.0193 BoP, current US$ per US$ of GDP | -10.9% |
| 2018 | 0.02 BoP, current US$ per US$ of GDP | +4.0% |
| 2019 | 0.0187 BoP, current US$ per US$ of GDP | -6.8% |
| 2020 | 0.0213 BoP, current US$ per US$ of GDP | +14.4% |
| 2021 | 0.035 BoP, current US$ per US$ of GDP | +64.1% |
| 2022 | 0.0288 BoP, current US$ per US$ of GDP | -17.7% |
| 2023 | 0.0395 BoP, current US$ per US$ of GDP | +37.0% |
Tuvalu compared with similar countries
- Tuvalu's 0.0395 BoP, current US$ per US$ of GDP is above the median for upper middle income countries, which is 0.0115 BoP, current US$ per US$ of GDP, 3.4× the median. (55 countries reporting)
- Tuvalu's 0.0395 BoP, current US$ per US$ of GDP is above the median for East Asia & Pacific, which is 0.0151 BoP, current US$ per US$ of GDP, 2.6× the median. (32 countries reporting)
Biggest year-on-year movements
Years where Secondary income, other sectors, payments (BoP, current US$), per in Tuvalu changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2006 | +69.6% | 0.0289 BoP, current US$ per US$ of GDP | 0.049 BoP, current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0345 BoP, current US$ per US$ of GDP | 0.0121 BoP, current US$ per US$ of GDP | 0.049 BoP, current US$ per US$ of GDP | 9 |
| 2010s | 0.0303 BoP, current US$ per US$ of GDP | 0.0187 BoP, current US$ per US$ of GDP | 0.0498 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.0312 BoP, current US$ per US$ of GDP | 0.0213 BoP, current US$ per US$ of GDP | 0.0395 BoP, current US$ per US$ of GDP | 4 |
Countries ranked near Tuvalu
- 29 Comoros 0.0457 BoP, current US$ per US$ of GDP compare
- 30 Saint Kitts and Nevis 0.0425 BoP, current US$ per US$ of GDP compare
- 31 Dominica 0.0422 BoP, current US$ per US$ of GDP compare
- 33 Belgium 0.0379 BoP, current US$ per US$ of GDP compare
- 34 Brunei 0.0373 BoP, current US$ per US$ of GDP compare
- 35 Samoa 0.0371 BoP, 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 secondary income, other sectors, payments (bop, current us$), per in Tuvalu?
- Secondary income, other sectors, payments (bop, current us$), per in Tuvalu was 0.0395 BoP, current US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest secondary income, other sectors, payments (bop, current us$), per recorded in Tuvalu?
- The highest recorded value was 0.0498 BoP, current US$ per US$ of GDP in 2010.
- What is the lowest secondary income, other sectors, payments (bop, current us$), per recorded in Tuvalu?
- The lowest recorded value was 0.0121 BoP, current US$ per US$ of GDP in 2003.
- How does Tuvalu rank for secondary income, other sectors, payments (bop, current us$), per?
- Tuvalu ranks 32nd out of 197 countries with data for 2023.
- Is secondary income, other sectors, payments (bop, current us$), per rising or falling in Tuvalu?
- Over the last ten years it is up 36.7%. The long-run trend across the full record is falling.
- 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$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Secondary income, other sectors, payments (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Secondary income, other sectors, payments (BoP, current US$) ÷ GDP (current US$)
Computed from
- Secondary income, other sectors, payments Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Secondary income, other sectors, payments (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.