Service exports (BoP, current US$) in Tuvalu
Tuvalu: Service exports (BoP, current US$) was 10.22 million BoP, current US$ in 2023. ◆ Volatile
Service exports in Tuvalu, 2001–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Tuvalu recorded 10.22 million BoP, current US$ for service exports in 2023. That is the highest value across all 23 years on record.
The figure is up 390.6% on the previous year and up 90.0% over ten years.
Over the whole period, service exports in Tuvalu peaked at 10.22 million BoP, current US$ in 2023 and was at its lowest, 1.07 million BoP, current US$, in 2001.
That places Tuvalu 198th out of 200 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Service exports (BoP, current US$) in Tuvalu, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2001 | 1.07 million BoP, current US$ | — |
| 2002 | 1.40 million BoP, current US$ | +31.5% |
| 2003 | 1.73 million BoP, current US$ | +23.1% |
| 2004 | 2.41 million BoP, current US$ | +39.8% |
| 2005 | 2.29 million BoP, current US$ | -5.1% |
| 2006 | 2.60 million BoP, current US$ | +13.4% |
| 2007 | 2.87 million BoP, current US$ | +10.3% |
| 2008 | 3.52 million BoP, current US$ | +22.8% |
| 2009 | 2.94 million BoP, current US$ | -16.5% |
| 2010 | 4.05 million BoP, current US$ | +37.7% |
| 2011 | 4.35 million BoP, current US$ | +7.4% |
| 2012 | 4.49 million BoP, current US$ | +3.4% |
| 2013 | 5.38 million BoP, current US$ | +19.7% |
| 2014 | 5.34 million BoP, current US$ | -0.7% |
| 2015 | 6.55 million BoP, current US$ | +22.7% |
| 2016 | 7.12 million BoP, current US$ | +8.7% |
| 2017 | 8.24 million BoP, current US$ | +15.8% |
| 2018 | 8.32 million BoP, current US$ | +0.9% |
| 2019 | 9.77 million BoP, current US$ | +17.5% |
| 2020 | 2.92 million BoP, current US$ | -70.2% |
| 2021 | 1.68 million BoP, current US$ | -42.3% |
| 2022 | 2.08 million BoP, current US$ | +23.9% |
| 2023 | 10.22 million BoP, current US$ | +390.6% |
Tuvalu compared with similar countries
- Tuvalu's 10.22 million BoP, current US$ is below the median for upper middle income countries, which is 4.91 billion BoP, current US$, 0% of the median. (57 countries reporting)
- Tuvalu's 10.22 million BoP, current US$ is below the median for East Asia & Pacific, which is 1.92 billion BoP, current US$, 1% of the median. (33 countries reporting)
Biggest year-on-year movements
Years where Service exports (BoP, current US$) 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 |
|---|---|---|---|
| 2023 | +390.6% | 2.08 million BoP, current US$ | 10.22 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.31 million BoP, current US$ | 1.07 million BoP, current US$ | 3.52 million BoP, current US$ | 9 |
| 2010s | 6.36 million BoP, current US$ | 4.05 million BoP, current US$ | 9.77 million BoP, current US$ | 10 |
| 2020s | 4.23 million BoP, current US$ | 1.68 million BoP, current US$ | 10.22 million BoP, current US$ | 4 |
Countries ranked near Tuvalu
- 195 Central African Republic 33.14 million BoP, current US$
- 196 Marshall Islands 21.14 million BoP, current US$ compare
- 197 Lesotho 20.70 million BoP, current US$ compare
- 199 Kiribati 8.55 million BoP, current US$ compare
- 200 Equatorial Guinea 4.88 million BoP, current US$
More economy & growth data for Tuvalu
- Real gdp growth, annual growth rate -23.54 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 4.95 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0829 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 501.07 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.0616 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0606 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 365.88 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is service exports in Tuvalu?
- Service exports in Tuvalu was 10.22 million BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest service exports recorded in Tuvalu?
- The highest recorded value was 10.22 million BoP, current US$ in 2023.
- What is the lowest service exports recorded in Tuvalu?
- The lowest recorded value was 1.07 million BoP, current US$ in 2001.
- How does Tuvalu rank for service exports?
- Tuvalu ranks 198th out of 200 countries with data for 2023.
- Is service exports rising or falling in Tuvalu?
- Over the last ten years it is up 90.0%. The long-run trend across the full record is volatile.
- 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 Service exports (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Exports of services are services provided by residents to non-residents. 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.