Value Added (Total Manufacturing) — Value Standard Local Currency in Tuvalu
Tuvalu: Value Added (Total Manufacturing) — Value Standard Local Currency was 0.1328 million SLC in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value Standard Local Currency in Tuvalu, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2023, value added (total manufacturing) — value standard local currency in Tuvalu stood at 0.1328 million SLC.
That represents a change of up 32.8% on the previous year and down 63.7% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Tuvalu peaked at 1 million SLC in 2019 and was at its lowest, 0.0139 million SLC, in 2021.
Tuvalu ranks 215th of 215 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0531 million SLC | 0.0423 million SLC | 0.067 million SLC | 10 |
| 1980s | 0.1235 million SLC | 0.0672 million SLC | 0.2697 million SLC | 10 |
| 1990s | 0.2221 million SLC | 0.1651 million SLC | 0.2989 million SLC | 10 |
| 2000s | 0.2751 million SLC | 0.179 million SLC | 0.3802 million SLC | 10 |
| 2010s | 0.5813 million SLC | 0.3655 million SLC | 1 million SLC | 10 |
| 2020s | 0.1117 million SLC | 0.0139 million SLC | 0.2 million SLC | 4 |
Countries ranked near Tuvalu
- 212 Turks and Caicos Islands 8.63 million SLC compare
- 213 Palau 3.15 million SLC compare
- 214 Micronesia (Federated States of) 2.26 million SLC compare
More economy & growth data for Tuvalu
- GDP 89.00 million current LCU (2025)
- GDP deflator 143.55 base year varies by country (2025)
- Gross value added at basic prices (GVA) 27.05 million current US$ (2015)
- Gross value added at basic prices (GVA) 36.01 million current LCU (2015)
- GDP 57.35 million current US$ (2025)
- GDP growth 1.6% (2025)
- GDP per capita 6,041 current US$ (2025)
- GDP 62.00 million constant LCU (2025)
- Inflation, GDP deflator 1.8% (2025)
- GDP 42.97 million constant 2015 US$ (2025)
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 0.1328 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value standard local currency recorded in Tuvalu?
- The highest recorded value was 1 million SLC in 2019.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Tuvalu?
- The lowest recorded value was 0.0139 million SLC in 2021.
- How does Tuvalu rank for value added (total manufacturing) — value standard local currency?
- Tuvalu ranks 215th out of 215 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 63.7%. The long-run trend across the full record is volatile.
- Where does this Tuvalu data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Total Manufacturing) — Value Standard Local Currency. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).