Taxes less subsidies on products (current US$), per unit of GDP (unit) in Tuvalu
Tuvalu: Taxes less subsidies on products (current US$), per unit of GDP (unit) was 0.1529 current US$ per US$ of GDP in 2015. ▲ Rising
Taxes less subsidies on products (current US$), per unit of GDP in Tuvalu, 2000–2015
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
Tuvalu recorded 0.1529 current US$ per US$ of GDP for taxes less subsidies on products (current us$), per unit of gdp in 2015. That is the highest value across all 16 years on record.
The figure is up 4.8% on the previous year and up 64.1% over ten years.
Over the whole period, taxes less subsidies on products (current us$), per unit of gdp in Tuvalu peaked at 0.1529 current US$ per US$ of GDP in 2015 and was at its lowest, 0.0661 current US$ per US$ of GDP, in 2011.
Tuvalu ranks 14th of 197 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 16 years of available data.
Taxes less subsidies on products (current US$), per unit of GDP (unit) in Tuvalu, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 2000 | 0.1138 current US$ per US$ of GDP | — |
| 2001 | 0.1285 current US$ per US$ of GDP | +12.9% |
| 2002 | 0.1118 current US$ per US$ of GDP | -12.9% |
| 2003 | 0.1068 current US$ per US$ of GDP | -4.5% |
| 2004 | 0.0924 current US$ per US$ of GDP | -13.5% |
| 2005 | 0.0932 current US$ per US$ of GDP | +0.8% |
| 2006 | 0.0813 current US$ per US$ of GDP | -12.8% |
| 2007 | 0.0816 current US$ per US$ of GDP | +0.4% |
| 2008 | 0.084 current US$ per US$ of GDP | +3.0% |
| 2009 | 0.076 current US$ per US$ of GDP | -9.5% |
| 2010 | 0.0668 current US$ per US$ of GDP | -12.1% |
| 2011 | 0.0661 current US$ per US$ of GDP | -1.0% |
| 2012 | 0.1233 current US$ per US$ of GDP | +86.4% |
| 2013 | 0.1339 current US$ per US$ of GDP | +8.6% |
| 2014 | 0.1458 current US$ per US$ of GDP | +8.9% |
| 2015 | 0.1529 current US$ per US$ of GDP | +4.8% |
Tuvalu compared with similar countries
- Tuvalu's 0.1529 current US$ per US$ of GDP is above the median for upper middle income countries, which is 0.1134 current US$ per US$ of GDP, 1.3× the median. (55 countries reporting)
- Tuvalu's 0.1529 current US$ per US$ of GDP is above the median for East Asia & Pacific, which is 0.0669 current US$ per US$ of GDP, 2.3× the median. (28 countries reporting)
Biggest year-on-year movements
Years where Taxes less subsidies on products (current US$), per unit of GDP (unit) in Tuvalu changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2012 | +86.4% | 0.0661 current US$ per US$ of GDP | 0.1233 current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0969 current US$ per US$ of GDP | 0.076 current US$ per US$ of GDP | 0.1285 current US$ per US$ of GDP | 10 |
| 2010s | 0.1148 current US$ per US$ of GDP | 0.0661 current US$ per US$ of GDP | 0.1529 current US$ per US$ of GDP | 6 |
Countries ranked near Tuvalu
- 11 Cape Verde 0.1632 current US$ per US$ of GDP compare
- 12 Maldives 0.1622 current US$ per US$ of GDP compare
- 13 Argentina 0.1544 current US$ per US$ of GDP compare
- 15 Curacao 0.1524 current US$ per US$ of GDP compare
- 16 Jamaica 0.1513 current US$ per US$ of GDP compare
- 17 Fiji 0.1512 current US$ 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 us$), per unit of gdp in Tuvalu?
- Taxes less subsidies on products (current us$), per unit of gdp in Tuvalu was 0.1529 current US$ per US$ of GDP in 2015, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current us$), per unit of gdp recorded in Tuvalu?
- The highest recorded value was 0.1529 current US$ per US$ of GDP in 2015.
- What is the lowest taxes less subsidies on products (current us$), per unit of gdp recorded in Tuvalu?
- The lowest recorded value was 0.0661 current US$ per US$ of GDP in 2011.
- How does Tuvalu rank for taxes less subsidies on products (current us$), per unit of gdp?
- Tuvalu ranks 14th out of 197 countries with data for 2015.
- Is taxes less subsidies on products (current us$), per unit of gdp rising or falling in Tuvalu?
- Over the last ten years it is up 64.1%. The long-run trend across the full record is rising.
- Where does this Tuvalu data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes less subsidies on products (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (current US$) ÷ GDP (current US$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes less subsidies on products (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.