Taxes less subsidies on products (current LCU), annual growth rate in Tuvalu
Tuvalu: Taxes less subsidies on products (current LCU), annual growth rate was 19.65 % change on previous year in 2015. ◆ Volatile
Taxes less subsidies on products (current LCU), annual growth rate in Tuvalu, 2001–2015
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for taxes less subsidies on products (current lcu), annual growth rate in Tuvalu is 19.65 % change on previous year, measured in 2015.
Compared with earlier readings it is up 20.9% on the previous year and up 749.4% over ten years.
Over the whole period, taxes less subsidies on products (current lcu), annual growth rate in Tuvalu peaked at 82.22 % change on previous year in 2012 and was at its lowest, -14.25 % change on previous year, in 2009.
That places Tuvalu 32nd out of 197 countries with data for 2015, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (current LCU), annual growth rate in Tuvalu, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2001 | 20.25 % change on previous year | — |
| 2002 | -2.47 % change on previous year | -112.2% |
| 2003 | -5.86 % change on previous year | +137.1% |
| 2004 | -10.85 % change on previous year | +85.1% |
| 2005 | -3.03 % change on previous year | -72.1% |
| 2006 | -6.02 % change on previous year | +98.9% |
| 2007 | 6.26 % change on previous year | -204.0% |
| 2008 | 13.72 % change on previous year | +119.2% |
| 2009 | -14.25 % change on previous year | -203.8% |
| 2010 | -13.04 % change on previous year | -8.5% |
| 2011 | 7.67 % change on previous year | -158.8% |
| 2012 | 82.22 % change on previous year | +972.5% |
| 2013 | 16.07 % change on previous year | -80.5% |
| 2014 | 16.26 % change on previous year | +1.2% |
| 2015 | 19.65 % change on previous year | +20.9% |
Tuvalu compared with similar countries
- Tuvalu's 19.65 % change on previous year is above the median for upper middle income countries, which is 8 % change on previous year, 2.5× the median. (55 countries reporting)
- Tuvalu's 19.65 % change on previous year is above the median for East Asia & Pacific, which is 3.57 % change on previous year, 5.5× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -0.249 % change on previous year | -14.25 % change on previous year | 20.25 % change on previous year | 9 |
| 2010s | 21.47 % change on previous year | -13.04 % change on previous year | 82.22 % change on previous year | 6 |
Countries ranked near Tuvalu
- 29 Ghana 21.61 % change on previous year compare
- 30 Marshall Islands 20.73 % change on previous year compare
- 31 Maldives 19.84 % change on previous year compare
- 33 Kazakhstan 19.52 % change on previous year compare
- 34 Ukraine 19.22 % change on previous year compare
- 35 Guinea-Bissau 18.91 % change on previous year compare
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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0452 units per US$ of GDP (2025)
Frequently asked questions
- What is taxes less subsidies on products (current lcu), annual growth rate in Tuvalu?
- Taxes less subsidies on products (current lcu), annual growth rate in Tuvalu was 19.65 % change on previous year in 2015, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current lcu), annual growth rate recorded in Tuvalu?
- The highest recorded value was 82.22 % change on previous year in 2012.
- What is the lowest taxes less subsidies on products (current lcu), annual growth rate recorded in Tuvalu?
- The lowest recorded value was -14.25 % change on previous year in 2009.
- How does Tuvalu rank for taxes less subsidies on products (current lcu), annual growth rate?
- Tuvalu ranks 32nd out of 197 countries with data for 2015.
- Is taxes less subsidies on products (current lcu), annual growth rate rising or falling in Tuvalu?
- Over the last ten years it is up 749.4%. 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 Taxes less subsidies on products (current LCU), 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 Taxes less subsidies on products (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
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 Taxes less subsidies on products (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.