Service imports (BoP, current US$) in Tuvalu
Tuvalu: Service imports (BoP, current US$) was 32.44 million BoP, current US$ in 2023. ▲ Rising
Service imports in Tuvalu, 2001–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for service imports in Tuvalu is 32.44 million BoP, current US$, measured in 2023.
The figure is up 2.8% on the previous year and up 19.2% over ten years.
Over the whole period, service imports in Tuvalu peaked at 44.01 million BoP, current US$ in 2011 and was at its lowest, 9.30 million BoP, current US$, in 2001.
That places Tuvalu 199th out of 200 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 23 years of available data.
Service imports (BoP, current US$) in Tuvalu, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2001 | 9.30 million BoP, current US$ | — |
| 2002 | 10.58 million BoP, current US$ | +13.8% |
| 2003 | 14.78 million BoP, current US$ | +39.7% |
| 2004 | 14.67 million BoP, current US$ | -0.8% |
| 2005 | 9.51 million BoP, current US$ | -35.1% |
| 2006 | 11.79 million BoP, current US$ | +23.9% |
| 2007 | 21.86 million BoP, current US$ | +85.4% |
| 2008 | 29.88 million BoP, current US$ | +36.7% |
| 2009 | 27.03 million BoP, current US$ | -9.6% |
| 2010 | 33.84 million BoP, current US$ | +25.2% |
| 2011 | 44.01 million BoP, current US$ | +30.1% |
| 2012 | 27.56 million BoP, current US$ | -37.4% |
| 2013 | 27.22 million BoP, current US$ | -1.2% |
| 2014 | 30.64 million BoP, current US$ | +12.6% |
| 2015 | 35.38 million BoP, current US$ | +15.4% |
| 2016 | 36.19 million BoP, current US$ | +2.3% |
| 2017 | 38.60 million BoP, current US$ | +6.7% |
| 2018 | 40.24 million BoP, current US$ | +4.2% |
| 2019 | 42.74 million BoP, current US$ | +6.2% |
| 2020 | 29.76 million BoP, current US$ | -30.4% |
| 2021 | 28.26 million BoP, current US$ | -5.0% |
| 2022 | 31.55 million BoP, current US$ | +11.6% |
| 2023 | 32.44 million BoP, current US$ | +2.8% |
Tuvalu compared with similar countries
- Tuvalu's 32.44 million BoP, current US$ is below the median for upper middle income countries, which is 3.94 billion BoP, current US$, 1% of the median. (57 countries reporting)
- Tuvalu's 32.44 million BoP, current US$ is below the median for East Asia & Pacific, which is 2.40 billion BoP, current US$, 1% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 16.60 million BoP, current US$ | 9.30 million BoP, current US$ | 29.88 million BoP, current US$ | 9 |
| 2010s | 35.64 million BoP, current US$ | 27.22 million BoP, current US$ | 44.01 million BoP, current US$ | 10 |
| 2020s | 30.50 million BoP, current US$ | 28.26 million BoP, current US$ | 32.44 million BoP, current US$ | 4 |
Countries ranked near Tuvalu
- 196 Turks and Caicos Islands 74.41 million BoP, current US$ compare
- 197 Marshall Islands 64.21 million BoP, current US$ compare
- 198 Palau 43.00 million BoP, current US$ compare
- 200 Eritrea 28.48 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 imports in Tuvalu?
- Service imports in Tuvalu was 32.44 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 imports recorded in Tuvalu?
- The highest recorded value was 44.01 million BoP, current US$ in 2011.
- What is the lowest service imports recorded in Tuvalu?
- The lowest recorded value was 9.30 million BoP, current US$ in 2001.
- How does Tuvalu rank for service imports?
- Tuvalu ranks 199th out of 200 countries with data for 2023.
- Is service imports rising or falling in Tuvalu?
- Over the last ten years it is up 19.2%. 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 Service imports (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Imports of services are services provided by non-residents to 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.