Taxes less subsidies on products (current LCU) in Tuvalu
Tuvalu: Taxes less subsidies on products (current LCU) was 7.48 million current LCU in 2015. ▲ Rising
Taxes less subsidies on products in Tuvalu, 2000–2015
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2015, taxes less subsidies on products in Tuvalu stood at 7.48 million current LCU. That is the highest value across all 16 years on record.
Compared with earlier readings it is up 19.7% on the previous year and up 168.3% over ten years.
Over the whole period, taxes less subsidies on products in Tuvalu peaked at 7.48 million current LCU in 2015 and was at its lowest, 2.36 million current LCU, in 2010.
That places Tuvalu 191st out of 199 countries with data for 2015, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 16 years of available data.
Taxes less subsidies on products (current LCU) in Tuvalu, year by year
| Year | current LCU | Change |
|---|---|---|
| 2000 | 2.92 million current LCU | — |
| 2001 | 3.51 million current LCU | +20.2% |
| 2002 | 3.43 million current LCU | -2.5% |
| 2003 | 3.22 million current LCU | -5.9% |
| 2004 | 2.87 million current LCU | -10.8% |
| 2005 | 2.79 million current LCU | -3.0% |
| 2006 | 2.62 million current LCU | -6.0% |
| 2007 | 2.78 million current LCU | +6.3% |
| 2008 | 3.17 million current LCU | +13.7% |
| 2009 | 2.71 million current LCU | -14.2% |
| 2010 | 2.36 million current LCU | -13.0% |
| 2011 | 2.54 million current LCU | +7.7% |
| 2012 | 4.63 million current LCU | +82.2% |
| 2013 | 5.38 million current LCU | +16.1% |
| 2014 | 6.25 million current LCU | +16.3% |
| 2015 | 7.48 million current LCU | +19.7% |
Tuvalu compared with similar countries
- Tuvalu's 7.48 million current LCU is below the median for upper middle income countries, which is 48.82 billion current LCU, 0% of the median. (55 countries reporting)
- Tuvalu's 7.48 million current LCU is below the median for East Asia & Pacific, which is 20.94 billion current LCU, 0% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.00 million current LCU | 2.62 million current LCU | 3.51 million current LCU | 10 |
| 2010s | 4.77 million current LCU | 2.36 million current LCU | 7.48 million current LCU | 6 |
Countries ranked near Tuvalu
- 188 Palau 40.13 million current LCU compare
- 189 Isle of Man 17.90 million current LCU
- 190 Marshall Islands 12.05 million current LCU compare
- 192 Venezuela 0 current LCU compare
- 192 Channel Islands 0 current LCU
- 194 Kiribati -10.45 million current LCU 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 in Tuvalu?
- Taxes less subsidies on products in Tuvalu was 7.48 million current LCU in 2015, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest taxes less subsidies on products recorded in Tuvalu?
- The highest recorded value was 7.48 million current LCU in 2015.
- What is the lowest taxes less subsidies on products recorded in Tuvalu?
- The lowest recorded value was 2.36 million current LCU in 2010.
- How does Tuvalu rank for taxes less subsidies on products?
- Tuvalu ranks 191st out of 199 countries with data for 2015.
- Is taxes less subsidies on products rising or falling in Tuvalu?
- Over the last ten years it is up 168.3%. The long-run trend across the full record is rising.
- Where does this Tuvalu data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Taxes less subsidies on products (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.