Secondary income receipts (BoP, current US$), annual growth rate in Tuvalu
Tuvalu: Secondary income receipts (BoP, current US$), annual growth rate was 109.64 % change on previous year in 2023. ◆ Volatile
Secondary income receipts (BoP, current US$), annual growth rate in Tuvalu, 2002–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, secondary income receipts (bop, current us$), annual growth rate in Tuvalu stood at 109.64 % change on previous year. That is the highest value across all 22 years on record.
That represents a change of up 293.5% on the previous year and up 288.1% over ten years.
Over the whole period, secondary income receipts (bop, current us$), annual growth rate in Tuvalu peaked at 109.64 % change on previous year in 2023 and was at its lowest, -58.28 % change on previous year, in 2013.
That places Tuvalu 4th out of 198 countries with data for 2023, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Secondary income receipts (BoP, current US$), annual growth rate in Tuvalu, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2002 | 1.92 % change on previous year | — |
| 2003 | 19.15 % change on previous year | +897.7% |
| 2004 | 17.7 % change on previous year | -7.6% |
| 2005 | -6.18 % change on previous year | -134.9% |
| 2006 | 99.71 % change on previous year | -1712.4% |
| 2007 | -9.7 % change on previous year | -109.7% |
| 2008 | 25.67 % change on previous year | -364.7% |
| 2009 | -3.04 % change on previous year | -111.8% |
| 2010 | -3.35 % change on previous year | +10.3% |
| 2011 | 8.69 % change on previous year | -359.3% |
| 2012 | 42.21 % change on previous year | +385.5% |
| 2013 | -58.28 % change on previous year | -238.1% |
| 2014 | 72.08 % change on previous year | -223.7% |
| 2015 | 12.14 % change on previous year | -83.2% |
| 2016 | 17.88 % change on previous year | +47.3% |
| 2017 | -14.65 % change on previous year | -182.0% |
| 2018 | 41.58 % change on previous year | -383.7% |
| 2019 | -20.13 % change on previous year | -148.4% |
| 2020 | 3.4 % change on previous year | -116.9% |
| 2021 | 58.8 % change on previous year | +1631.4% |
| 2022 | -56.66 % change on previous year | -196.4% |
| 2023 | 109.64 % change on previous year | -293.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 18.15 % change on previous year | -9.7 % change on previous year | 99.71 % change on previous year | 8 |
| 2010s | 9.82 % change on previous year | -58.28 % change on previous year | 72.08 % change on previous year | 10 |
| 2020s | 28.79 % change on previous year | -56.66 % change on previous year | 109.64 % change on previous year | 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)
- 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 receipts (bop, current us$), annual growth rate in Tuvalu?
- Secondary income receipts (bop, current us$), annual growth rate in Tuvalu was 109.64 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest secondary income receipts (bop, current us$), annual growth rate recorded in Tuvalu?
- The highest recorded value was 109.64 % change on previous year in 2023.
- What is the lowest secondary income receipts (bop, current us$), annual growth rate recorded in Tuvalu?
- The lowest recorded value was -58.28 % change on previous year in 2013.
- How does Tuvalu rank for secondary income receipts (bop, current us$), annual growth rate?
- Tuvalu ranks 4th out of 198 countries with data for 2023.
- Is secondary income receipts (bop, current us$), annual growth rate rising or falling in Tuvalu?
- Over the last ten years it is up 288.1%. 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 Secondary income receipts (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Secondary income receipts (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Secondary income receipts 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 receipts (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.