Secondary income, other sectors, payments in Tuvalu
Tuvalu: Secondary income, other sectors, payments was 1.99 million BoP, current US$ in 2023. ▲ Rising
Secondary income, other sectors, payments in Tuvalu, 2001–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for secondary income, other sectors, payments in Tuvalu is 1.99 million BoP, current US$, measured in 2023.
Compared with earlier readings it is up 27.8% on the previous year and up 78.0% over ten years.
Over the whole period, secondary income, other sectors, payments in Tuvalu peaked at 2.16 million BoP, current US$ in 2021 and was at its lowest, 237,679 BoP, current US$, in 2003.
Tuvalu ranks 194th of 197 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 23 years of available data.
Secondary income, other sectors, payments in Tuvalu, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2001 | 423,524 BoP, current US$ | — |
| 2002 | 489,389 BoP, current US$ | +15.6% |
| 2003 | 237,679 BoP, current US$ | -51.4% |
| 2004 | 467,601 BoP, current US$ | +96.7% |
| 2005 | 660,306 BoP, current US$ | +41.2% |
| 2006 | 1.19 million BoP, current US$ | +80.2% |
| 2007 | 1.32 million BoP, current US$ | +10.7% |
| 2008 | 1.46 million BoP, current US$ | +10.9% |
| 2009 | 1.33 million BoP, current US$ | -8.7% |
| 2010 | 1.61 million BoP, current US$ | +21.0% |
| 2011 | 1.89 million BoP, current US$ | +17.3% |
| 2012 | 1.79 million BoP, current US$ | -5.7% |
| 2013 | 1.12 million BoP, current US$ | -37.3% |
| 2014 | 1.06 million BoP, current US$ | -5.6% |
| 2015 | 891,298 BoP, current US$ | -15.7% |
| 2016 | 892,509 BoP, current US$ | +0.1% |
| 2017 | 872,092 BoP, current US$ | -2.3% |
| 2018 | 961,784 BoP, current US$ | +10.3% |
| 2019 | 998,714 BoP, current US$ | +3.8% |
| 2020 | 1.12 million BoP, current US$ | +11.8% |
| 2021 | 2.16 million BoP, current US$ | +93.2% |
| 2022 | 1.56 million BoP, current US$ | -27.7% |
| 2023 | 1.99 million BoP, current US$ | +27.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 842,418 BoP, current US$ | 237,679 BoP, current US$ | 1.46 million BoP, current US$ | 9 |
| 2010s | 1.21 million BoP, current US$ | 872,092 BoP, current US$ | 1.89 million BoP, current US$ | 10 |
| 2020s | 1.71 million BoP, current US$ | 1.12 million BoP, current US$ | 2.16 million BoP, current US$ | 4 |
Countries ranked near Tuvalu
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)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1529 current US$ per US$ of GDP (2015)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.2035 current LCU per US$ of GDP (2015)
- Taxes less subsidies on products (current LCU), annual growth rate 19.65 % change on previous year (2015)
- Taxes less subsidies on products (current US$), per capita 512.54 current US$ per person (2015)
- Net primary income (Net income from abroad) (current LCU), annual 32.15 % change on previous year (2024)
- GNI (current LCU), per capita 15,264 current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual 31.26 % change on previous year (2024)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.4887 (2025)
Frequently asked questions
- What is secondary income, other sectors, payments in Tuvalu?
- Secondary income, other sectors, payments in Tuvalu was 1.99 million BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest secondary income, other sectors, payments recorded in Tuvalu?
- The highest recorded value was 2.16 million BoP, current US$ in 2021.
- What is the lowest secondary income, other sectors, payments recorded in Tuvalu?
- The lowest recorded value was 237,679 BoP, current US$ in 2003.
- How does Tuvalu rank for secondary income, other sectors, payments?
- Tuvalu ranks 194th out of 197 countries with data for 2023.
- Is secondary income, other sectors, payments rising or falling in Tuvalu?
- Over the last ten years it is up 78.0%. The long-run trend across the full record is rising.
- Where does this Tuvalu data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Secondary income, other sectors, payments (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.