Taxes less subsidies on products (current LCU), per unit of GDP (unit) in Tuvalu
Tuvalu: Taxes less subsidies on products (current LCU), per unit of GDP (unit) was 0.2035 current LCU per US$ of GDP in 2015. ▼ Falling
Taxes less subsidies on products (current LCU), per unit of GDP in Tuvalu, 2000–2015
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2015, taxes less subsidies on products (current lcu), per unit of gdp in Tuvalu stood at 0.2035 current LCU per US$ of GDP.
The figure is up 25.8% on the previous year and up 66.8% over ten years.
Over the whole period, taxes less subsidies on products (current lcu), per unit of gdp in Tuvalu peaked at 0.2484 current LCU per US$ of GDP in 2001 and was at its lowest, 0.0641 current LCU per US$ of GDP, in 2011.
Tuvalu ranks 132nd of 197 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 16 years of available data.
Taxes less subsidies on products (current LCU), per unit of GDP (unit) in Tuvalu, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 2000 | 0.1963 current LCU per US$ of GDP | — |
| 2001 | 0.2484 current LCU per US$ of GDP | +26.6% |
| 2002 | 0.2058 current LCU per US$ of GDP | -17.1% |
| 2003 | 0.1646 current LCU per US$ of GDP | -20.0% |
| 2004 | 0.1257 current LCU per US$ of GDP | -23.7% |
| 2005 | 0.122 current LCU per US$ of GDP | -2.9% |
| 2006 | 0.1079 current LCU per US$ of GDP | -11.5% |
| 2007 | 0.0975 current LCU per US$ of GDP | -9.6% |
| 2008 | 0.1002 current LCU per US$ of GDP | +2.7% |
| 2009 | 0.0975 current LCU per US$ of GDP | -2.7% |
| 2010 | 0.0728 current LCU per US$ of GDP | -25.3% |
| 2011 | 0.0641 current LCU per US$ of GDP | -12.0% |
| 2012 | 0.119 current LCU per US$ of GDP | +85.7% |
| 2013 | 0.1387 current LCU per US$ of GDP | +16.5% |
| 2014 | 0.1618 current LCU per US$ of GDP | +16.6% |
| 2015 | 0.2035 current LCU per US$ of GDP | +25.8% |
Tuvalu compared with similar countries
- Tuvalu's 0.2035 current LCU per US$ of GDP is below the median for upper middle income countries, which is 0.7836 current LCU per US$ of GDP, 26% of the median. (55 countries reporting)
- Tuvalu's 0.2035 current LCU per US$ of GDP is below the median for East Asia & Pacific, which is 0.2038 current LCU per US$ of GDP, 100% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.1466 current LCU per US$ of GDP | 0.0975 current LCU per US$ of GDP | 0.2484 current LCU per US$ of GDP | 10 |
| 2010s | 0.1266 current LCU per US$ of GDP | 0.0641 current LCU per US$ of GDP | 0.2035 current LCU per US$ of GDP | 6 |
Countries ranked near Tuvalu
- 129 Barbados 0.2079 current LCU per US$ of GDP compare
- 130 Saudi Arabia 0.2067 current LCU per US$ of GDP compare
- 131 Hong Kong Special Administrative Region, People's Republic of China 0.2041 current LCU per US$ of GDP compare
- 133 Montenegro 0.1947 current LCU per US$ of GDP compare
- 134 Kosovo 0.1901 current LCU per US$ of GDP compare
- 135 Palestine 0.1802 current LCU per US$ of GDP compare
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 taxes less subsidies on products (current lcu), per unit of gdp in Tuvalu?
- Taxes less subsidies on products (current lcu), per unit of gdp in Tuvalu was 0.2035 current LCU per US$ of GDP in 2015, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current lcu), per unit of gdp recorded in Tuvalu?
- The highest recorded value was 0.2484 current LCU per US$ of GDP in 2001.
- What is the lowest taxes less subsidies on products (current lcu), per unit of gdp recorded in Tuvalu?
- The lowest recorded value was 0.0641 current LCU per US$ of GDP in 2011.
- How does Tuvalu rank for taxes less subsidies on products (current lcu), per unit of gdp?
- Tuvalu ranks 132nd out of 197 countries with data for 2015.
- Is taxes less subsidies on products (current lcu), per unit of gdp rising or falling in Tuvalu?
- Over the last ten years it is up 66.8%. The long-run trend across the full record is falling.
- Where does this Tuvalu data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes less subsidies on products (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (current LCU) ÷ GDP (current US$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- GDP 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
Taxes less subsidies on products (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.