Service exports (BoP, current US$), annual growth rate in Tuvalu
Tuvalu: Service exports (BoP, current US$), annual growth rate was 390.58 % change on previous year in 2023. ◆ Volatile
Service exports (BoP, current US$), annual growth rate in Tuvalu, 2002–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Tuvalu recorded 390.58 % change on previous year for service exports (bop, current us$), annual growth rate in 2023. That is the highest value across all 22 years on record.
The figure is up 1,535.9% on the previous year and up 1,883.0% over ten years.
Over the whole period, service exports (bop, current us$), annual growth rate in Tuvalu peaked at 390.58 % change on previous year in 2023 and was at its lowest, -70.15 % change on previous year, in 2020.
Tuvalu ranks 2nd of 199 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Service exports (BoP, current US$), annual growth rate in Tuvalu, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2002 | 31.47 % change on previous year | — |
| 2003 | 23.05 % change on previous year | -26.7% |
| 2004 | 39.79 % change on previous year | +72.6% |
| 2005 | -5.14 % change on previous year | -112.9% |
| 2006 | 13.41 % change on previous year | -360.6% |
| 2007 | 10.33 % change on previous year | -23.0% |
| 2008 | 22.77 % change on previous year | +120.4% |
| 2009 | -16.47 % change on previous year | -172.3% |
| 2010 | 37.68 % change on previous year | -328.8% |
| 2011 | 7.42 % change on previous year | -80.3% |
| 2012 | 3.41 % change on previous year | -54.0% |
| 2013 | 19.7 % change on previous year | +477.0% |
| 2014 | -0.7171 % change on previous year | -103.6% |
| 2015 | 22.66 % change on previous year | -3260.0% |
| 2016 | 8.67 % change on previous year | -61.8% |
| 2017 | 15.8 % change on previous year | +82.3% |
| 2018 | 0.9174 % change on previous year | -94.2% |
| 2019 | 17.47 % change on previous year | +1804.4% |
| 2020 | -70.15 % change on previous year | -501.5% |
| 2021 | -42.34 % change on previous year | -39.6% |
| 2022 | 23.88 % change on previous year | -156.4% |
| 2023 | 390.58 % change on previous year | +1535.9% |
Tuvalu compared with similar countries
- Tuvalu's 390.58 % change on previous year is above the median for upper middle income countries, which is 8.86 % change on previous year, 44.1× the median. (57 countries reporting)
- Tuvalu's 390.58 % change on previous year is above the median for East Asia & Pacific, which is 10.87 % change on previous year, 35.9× the median. (33 countries reporting)
Biggest year-on-year movements
Years where Service exports (BoP, current US$), annual growth rate in Tuvalu changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2015 | +3260.0% | -0.7171 % change on previous year | 22.66 % change on previous year |
| 2019 | +1804.4% | 0.9174 % change on previous year | 17.47 % change on previous year |
| 2023 | +1535.9% | 23.88 % change on previous year | 390.58 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 14.9 % change on previous year | -16.47 % change on previous year | 39.79 % change on previous year | 8 |
| 2010s | 13.3 % change on previous year | -0.7171 % change on previous year | 37.68 % change on previous year | 10 |
| 2020s | 75.49 % change on previous year | -70.15 % change on previous year | 390.58 % change on previous year | 4 |
Countries ranked near Tuvalu
More economy & growth data for Tuvalu
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.93 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.31 Percent per annum (2029)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1529 current US$ per US$ of GDP (2015)
- GNI, Atlas method (current US$), annual growth rate 20.69 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate -0.2777 % change on previous year (2015)
- Net primary income (Net income from abroad) (current LCU), annual 32.15 % change on previous year (2024)
- Net primary income (Net income from abroad) (current US$), annual 31.26 % change on previous year (2024)
- GNI (current LCU), per capita 15,264 current LCU per person (2025)
- GNI (current LCU), per unit of GDP 2.53 current LCU per US$ of GDP (2025)
- GNI, Atlas method (current US$), per unit of GDP 1.62 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is service exports (bop, current us$), annual growth rate in Tuvalu?
- Service exports (bop, current us$), annual growth rate in Tuvalu was 390.58 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest service exports (bop, current us$), annual growth rate recorded in Tuvalu?
- The highest recorded value was 390.58 % change on previous year in 2023.
- What is the lowest service exports (bop, current us$), annual growth rate recorded in Tuvalu?
- The lowest recorded value was -70.15 % change on previous year in 2020.
- How does Tuvalu rank for service exports (bop, current us$), annual growth rate?
- Tuvalu ranks 2nd out of 199 countries with data for 2023.
- Is service exports (bop, current us$), annual growth rate rising or falling in Tuvalu?
- Over the last ten years it is up 1,883.0%. 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 Service exports (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Service exports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Service exports 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 Service exports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.