Value Added (Total Manufacturing) — Value Standard Local Currency in Tuvalu
Tuvalu: Value Added (Total Manufacturing) — Value Standard Local Currency was -30.12 % change on previous year in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value Standard Local Currency in Tuvalu, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for value added (total manufacturing) — value standard local currency in Tuvalu is -30.12 % change on previous year, measured in 2023.
That represents a change of down 104.0% on the previous year and down 101.9% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Tuvalu peaked at 760.8 % change on previous year in 2022 and was at its lowest, -94.19 % change on previous year, in 2021.
That places Tuvalu 222nd out of 223 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Value Standard Local Currency in Tuvalu, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | -1.64 % change on previous year | — |
| 1972 | -2.04 % change on previous year | +24.1% |
| 1973 | -1.86 % change on previous year | -8.9% |
| 1974 | -1.33 % change on previous year | -28.6% |
| 1975 | -1.76 % change on previous year | +32.5% |
| 1976 | -1.23 % change on previous year | -29.9% |
| 1977 | -3.98 % change on previous year | +223.3% |
| 1978 | -0.939 % change on previous year | -76.4% |
| 1979 | 1.37 % change on previous year | -245.8% |
| 1980 | -3.87 % change on previous year | -382.8% |
| 1981 | 1.5 % change on previous year | -138.7% |
| 1982 | -15.63 % change on previous year | -1142.6% |
| 1983 | 16.39 % change on previous year | -204.9% |
| 1984 | 13.76 % change on previous year | -16.1% |
| 1985 | -27.33 % change on previous year | -298.6% |
| 1986 | 37.87 % change on previous year | -238.6% |
| 1987 | 21.94 % change on previous year | -42.1% |
| 1988 | 64.33 % change on previous year | +193.2% |
| 1989 | -13.73 % change on previous year | -121.3% |
| 1990 | -32.09 % change on previous year | +133.7% |
| 1991 | 8.2 % change on previous year | -125.5% |
| 1992 | 11.11 % change on previous year | +35.6% |
| 1993 | -5.23 % change on previous year | -147.0% |
| 1994 | -5.28 % change on previous year | +0.9% |
| 1995 | -24.05 % change on previous year | +355.9% |
| 1996 | -6.5 % change on previous year | -73.0% |
| 1997 | 31.07 % change on previous year | -578.0% |
| 1998 | 10.63 % change on previous year | -65.8% |
| 1999 | -12.32 % change on previous year | -215.9% |
| 2000 | -21.35 % change on previous year | +73.3% |
| 2001 | 7.4 % change on previous year | -134.7% |
| 2002 | 18.73 % change on previous year | +153.0% |
| 2003 | 33.57 % change on previous year | +79.3% |
| 2004 | -21.98 % change on previous year | -165.5% |
| 2005 | -17.27 % change on previous year | -21.4% |
| 2006 | 9.8 % change on previous year | -156.7% |
| 2007 | -8.92 % change on previous year | -191.0% |
| 2008 | 37.42 % change on previous year | -519.7% |
| 2009 | -2.35 % change on previous year | -106.3% |
| 2010 | 4.81 % change on previous year | -304.2% |
| 2011 | 1.94 % change on previous year | -59.6% |
| 2012 | 6.44 % change on previous year | +231.7% |
| 2013 | -14.91 % change on previous year | -331.7% |
| 2014 | 24.21 % change on previous year | -262.4% |
| 2015 | 26.01 % change on previous year | +7.4% |
| 2016 | 13.39 % change on previous year | -48.5% |
| 2017 | -14.29 % change on previous year | -206.7% |
| 2018 | 33.33 % change on previous year | -333.3% |
| 2019 | 12.5 % change on previous year | -62.5% |
| 2020 | -77.78 % change on previous year | -722.2% |
| 2021 | -94.19 % change on previous year | +21.1% |
| 2022 | 760.8 % change on previous year | -907.7% |
| 2023 | -30.12 % change on previous year | -104.0% |
Tuvalu compared with similar countries
- Tuvalu's -30.12 % change on previous year is below the median for upper middle income countries, which is 0.5996 % change on previous year. (54 countries reporting)
- Tuvalu's -30.12 % change on previous year is below the median for East Asia & Pacific, which is 0.4786 % change on previous year. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -1.49 % change on previous year | -3.98 % change on previous year | 1.37 % change on previous year | 9 |
| 1980s | 9.52 % change on previous year | -27.33 % change on previous year | 64.33 % change on previous year | 10 |
| 1990s | -2.45 % change on previous year | -32.09 % change on previous year | 31.07 % change on previous year | 10 |
| 2000s | 3.5 % change on previous year | -21.98 % change on previous year | 37.42 % change on previous year | 10 |
| 2010s | 9.34 % change on previous year | -14.91 % change on previous year | 33.33 % change on previous year | 10 |
| 2020s | 139.68 % change on previous year | -94.19 % change on previous year | 760.8 % change on previous year | 4 |
Countries ranked near Tuvalu
- 219 East Timor -23.05 % change on previous year compare
- 219 Timor-Leste -23.05 % change on previous year compare
- 221 Ireland -23.93 % change on previous year compare
- 223 Venezuela (Bolivarian Republic of) -100 % change on previous year 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -915,228 BoP, current US$ (2021)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0149 BoP, current US$ per US$ of GDP (2021)
- Foreign direct investment, net outflows (BoP, current US$), per capita -89.78 BoP, current US$ per person (2021)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 258,080 BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 55.2 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0045 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 26.76 BoP, current US$ per person (2024)
- Agriculture, forestry, and fishing, value added (current LCU), annual -0.5864 % change on previous year (2015)
Frequently asked questions
- What is value added (total manufacturing) — value standard local currency in Tuvalu?
- Value added (total manufacturing) — value standard local currency in Tuvalu was -30.12 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest value added (total manufacturing) — value standard local currency recorded in Tuvalu?
- The highest recorded value was 760.8 % change on previous year in 2022.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Tuvalu?
- The lowest recorded value was -94.19 % change on previous year in 2021.
- How does Tuvalu rank for value added (total manufacturing) — value standard local currency?
- Tuvalu ranks 222nd out of 223 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Tuvalu?
- Over the last ten years it is down 101.9%. The long-run trend across the full record is volatile.
- Where does this Tuvalu data come from?
- The figures come from Statizoid (derived), published as part of Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Value Added (Total Manufacturing) — Value Standard Local Currency Food and Agriculture Organization of the United Nations
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
The year-on-year percentage change in Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.