Travel services in Tuvalu
Tuvalu: Travel services was 84.5% in 2023. ▲ Rising
Travel services in Tuvalu, 2001–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service exports, BoP.
Analysis
The most recent figure for travel services in Tuvalu is 84.5%, measured in 2023. That is the highest value across all 23 years on record.
That represents a change of up 114.9% on the previous year and up 27.3% over ten years.
Over the whole period, travel services in Tuvalu peaked at 84.5% in 2023 and was at its lowest, 5.3%, in 2021.
That places Tuvalu 12th out of 198 countries with data for 2023, putting it in the top 10%.
The long-run direction has been consistently rising across the 23 years of available data.
Travel services in Tuvalu, year by year
| Year | % of service exports, BoP | Change |
|---|---|---|
| 2001 | 57.1% | — |
| 2002 | 53.3% | -6.6% |
| 2003 | 54.3% | +1.8% |
| 2004 | 55.0% | +1.3% |
| 2005 | 51.9% | -5.6% |
| 2006 | 45.4% | -12.6% |
| 2007 | 52.5% | +15.8% |
| 2008 | 53.0% | +0.9% |
| 2009 | 51.9% | -2.1% |
| 2010 | 58.0% | +11.7% |
| 2011 | 56.2% | -3.0% |
| 2012 | 59.4% | +5.6% |
| 2013 | 66.4% | +11.7% |
| 2014 | 66.3% | -0.0% |
| 2015 | 76.5% | +15.3% |
| 2016 | 63.0% | -17.6% |
| 2017 | 68.4% | +8.5% |
| 2018 | 69.4% | +1.5% |
| 2019 | 77.6% | +11.9% |
| 2020 | 40.3% | -48.1% |
| 2021 | 5.3% | -86.8% |
| 2022 | 39.3% | +638.0% |
| 2023 | 84.5% | +114.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 52.7% | 45.4% | 57.1% | 9 |
| 2010s | 66.1% | 56.2% | 77.6% | 10 |
| 2020s | 42.3% | 5.3% | 84.5% | 4 |
Countries ranked near Tuvalu
- 9 Andorra 85.1% compare
- 10 Saint Vincent and the Grenadines 85.1% compare
- 11 Palau 84.7% compare
- 13 Syrian Arab Republic 84.4% compare
- 14 Antigua and Barbuda 84.3% compare
- 15 Jamaica 82.1% 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)
- Agriculture, forestry, and fishing, value added (current LCU), annual -0.5864 % change on previous year (2015)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.2122 current LCU per US$ of GDP (2015)
- Agriculture, forestry, and fishing, value added (current LCU), per 711.39 current LCU per person (2015)
- Manufacturing, value added (current US$), per unit of GDP 0.0101 current US$ per US$ of GDP (2011)
- Manufacturing, value added (current US$), per capita 37.32 current US$ per person (2011)
- Manufacturing, value added (current LCU), per unit of GDP 0.0098 current LCU per US$ of GDP (2011)
- Manufacturing, value added (current LCU), per capita 36.18 current LCU per person (2011)
- Industry (including construction), value added (current US$), annual -9.88 % change on previous year (2015)
Frequently asked questions
- What is travel services in Tuvalu?
- Travel services in Tuvalu was 84.5% in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest travel services recorded in Tuvalu?
- The highest recorded value was 84.5% in 2023.
- What is the lowest travel services recorded in Tuvalu?
- The lowest recorded value was 5.3% in 2021.
- How does Tuvalu rank for travel services?
- Tuvalu ranks 12th out of 198 countries with data for 2023.
- Is travel services rising or falling in Tuvalu?
- Over the last ten years it is up 27.3%. The long-run trend across the full record is rising.
- Where does this Tuvalu data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Travel services (% of service exports, BoP). Statizoid updates them automatically from the source API.
Download this data
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About this data
Travel services cover goods and services for own use or to give away acquired from an economy by nonresidents during visits to that economy, or acquired from other economies by residents during visits to these other economies. This indicator is expressed as a percentage of service exports which are services provided by residents to non-residents.