Taxes less subsidies on products (current US$) in Tuvalu
Tuvalu: Taxes less subsidies on products (current US$) was 5.62 million current US$ 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 US$.
Analysis
Tuvalu recorded 5.62 million current US$ for taxes less subsidies on products in 2015.
That represents a change of down 0.3% on the previous year and up 163.9% over ten years.
Over the whole period, taxes less subsidies on products in Tuvalu peaked at 5.63 million current US$ in 2014 and was at its lowest, 1.69 million current US$, in 2000.
That places Tuvalu 191st out of 199 countries with data for 2015, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 16 years of available data.
Taxes less subsidies on products (current US$) in Tuvalu, year by year
| Year | current US$ | Change |
|---|---|---|
| 2000 | 1.69 million current US$ | — |
| 2001 | 1.82 million current US$ | +7.3% |
| 2002 | 1.86 million current US$ | +2.4% |
| 2003 | 2.09 million current US$ | +12.4% |
| 2004 | 2.11 million current US$ | +1.1% |
| 2005 | 2.13 million current US$ | +0.7% |
| 2006 | 1.97 million current US$ | -7.3% |
| 2007 | 2.33 million current US$ | +18.1% |
| 2008 | 2.66 million current US$ | +14.0% |
| 2009 | 2.12 million current US$ | -20.3% |
| 2010 | 2.17 million current US$ | +2.3% |
| 2011 | 2.62 million current US$ | +21.1% |
| 2012 | 4.80 million current US$ | +82.9% |
| 2013 | 5.19 million current US$ | +8.2% |
| 2014 | 5.63 million current US$ | +8.6% |
| 2015 | 5.62 million current US$ | -0.3% |
Tuvalu compared with similar countries
- Tuvalu's 5.62 million current US$ is below the median for upper middle income countries, which is 3.44 billion current US$, 0% of the median. (55 countries reporting)
- Tuvalu's 5.62 million current US$ is below the median for East Asia & Pacific, which is 956.37 million current US$, 1% of the median. (28 countries reporting)
Biggest year-on-year movements
Years where Taxes less subsidies on products (current US$) 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 | +82.9% | 2.62 million current US$ | 4.80 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.08 million current US$ | 1.69 million current US$ | 2.66 million current US$ | 10 |
| 2010s | 4.34 million current US$ | 2.17 million current US$ | 5.63 million current US$ | 6 |
Countries ranked near Tuvalu
- 188 Solomon Islands 31.51 million current US$ compare
- 189 Isle of Man 22.25 million current US$
- 190 Marshall Islands 12.05 million current US$ compare
- 192 Venezuela 0 current US$ compare
- 192 Channel Islands 0 current US$
- 194 Kiribati -6.90 million current US$ 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 5.62 million current US$ 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 5.63 million current US$ in 2014.
- What is the lowest taxes less subsidies on products recorded in Tuvalu?
- The lowest recorded value was 1.69 million current US$ in 2000.
- 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 163.9%. 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 US$). 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 indicator is expressed in United States dollars.