Secondary income receipts in Tuvalu
Tuvalu: Secondary income receipts was 32.38 million BoP, current US$ in 2023. ▲ Rising
Secondary income receipts in Tuvalu, 2001–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2023, secondary income receipts in Tuvalu stood at 32.38 million BoP, current US$.
Compared with earlier readings it is up 109.6% on the previous year and up 227.5% over ten years.
Over the whole period, secondary income receipts in Tuvalu peaked at 35.63 million BoP, current US$ in 2021 and was at its lowest, 5.38 million BoP, current US$, in 2001.
That places Tuvalu 192nd out of 198 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 23 years of available data.
Secondary income receipts in Tuvalu, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2001 | 5.38 million BoP, current US$ | — |
| 2002 | 5.49 million BoP, current US$ | +1.9% |
| 2003 | 6.54 million BoP, current US$ | +19.2% |
| 2004 | 7.70 million BoP, current US$ | +17.7% |
| 2005 | 7.22 million BoP, current US$ | -6.2% |
| 2006 | 14.42 million BoP, current US$ | +99.7% |
| 2007 | 13.02 million BoP, current US$ | -9.7% |
| 2008 | 16.36 million BoP, current US$ | +25.7% |
| 2009 | 15.86 million BoP, current US$ | -3.0% |
| 2010 | 15.33 million BoP, current US$ | -3.4% |
| 2011 | 16.67 million BoP, current US$ | +8.7% |
| 2012 | 23.70 million BoP, current US$ | +42.2% |
| 2013 | 9.89 million BoP, current US$ | -58.3% |
| 2014 | 17.01 million BoP, current US$ | +72.1% |
| 2015 | 19.08 million BoP, current US$ | +12.1% |
| 2016 | 22.49 million BoP, current US$ | +17.9% |
| 2017 | 19.19 million BoP, current US$ | -14.7% |
| 2018 | 27.17 million BoP, current US$ | +41.6% |
| 2019 | 21.70 million BoP, current US$ | -20.1% |
| 2020 | 22.44 million BoP, current US$ | +3.4% |
| 2021 | 35.63 million BoP, current US$ | +58.8% |
| 2022 | 15.44 million BoP, current US$ | -56.7% |
| 2023 | 32.38 million BoP, current US$ | +109.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.22 million BoP, current US$ | 5.38 million BoP, current US$ | 16.36 million BoP, current US$ | 9 |
| 2010s | 19.22 million BoP, current US$ | 9.89 million BoP, current US$ | 27.17 million BoP, current US$ | 10 |
| 2020s | 26.47 million BoP, current US$ | 15.44 million BoP, current US$ | 35.63 million BoP, current US$ | 4 |
Countries ranked near Tuvalu
- 189 Seychelles 40.14 million BoP, current US$ compare
- 190 Naoero 39.21 million BoP, current US$ compare
- 191 Saint Kitts and Nevis 32.54 million BoP, current US$ compare
- 193 Djibouti 31.68 million BoP, current US$ compare
- 194 Angola 23.42 million BoP, current US$ compare
- 195 Congo 17.12 million BoP, current US$ 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$), per capita 512.54 current US$ per person (2015)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 2.05 (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.4887 (2025)
- Taxes less subsidies on products (current LCU), per capita 682.23 current LCU per person (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 US$), per unit of GDP 0.1529 current US$ per US$ of GDP (2015)
- Net primary income (Net income from abroad) (current LCU), annual 32.15 % change on previous year (2024)
- Taxes less subsidies on products (current US$), annual growth rate -0.2777 % change on previous year (2015)
Frequently asked questions
- What is secondary income receipts in Tuvalu?
- Secondary income receipts in Tuvalu was 32.38 million BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest secondary income receipts recorded in Tuvalu?
- The highest recorded value was 35.63 million BoP, current US$ in 2021.
- What is the lowest secondary income receipts recorded in Tuvalu?
- The lowest recorded value was 5.38 million BoP, current US$ in 2001.
- How does Tuvalu rank for secondary income receipts?
- Tuvalu ranks 192nd out of 198 countries with data for 2023.
- Is secondary income receipts rising or falling in Tuvalu?
- Over the last ten years it is up 227.5%. 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 receipts (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.