Value Added (Total Manufacturing) — Value US$ in Tuvalu

Tuvalu: Value Added (Total Manufacturing) — Value US$ was 0.0882 million USD in 2023. ◆ Volatile

Latest (2023)
0.0882 million USD
Change on year
up 27.2%
World rank
220th
of 220 countries
All-time high
0.6952 million USD
in 2019
All-time low
0.0104 million USD
in 2021
Years of data
54
1970–2023

Value Added (Total Manufacturing) — Value US$ in Tuvalu, 1970–2023

00.20.40.6197019962023

Source: Food and Agriculture Organization of the United Nations. Measured in million USD.

Analysis

Tuvalu recorded 0.0882 million USD for value added (total manufacturing) — value us$ in 2023.

Compared with earlier readings it is up 27.2% on the previous year and down 75.0% over ten years.

Over the whole period, value added (total manufacturing) — value us$ in Tuvalu peaked at 0.6952 million USD in 2019 and was at its lowest, 0.0104 million USD, in 2021.

Tuvalu ranks 220th of 220 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

DecadeAverage LowestHighest Years
1970s 0.0647 million USD 0.0474 million USD 0.0749 million USD 10
1980s 0.1025 million USD 0.053 million USD 0.2133 million USD 10
1990s 0.1602 million USD 0.1065 million USD 0.2195 million USD 10
2000s 0.1968 million USD 0.1007 million USD 0.3189 million USD 10
2010s 0.4752 million USD 0.3493 million USD 0.6952 million USD 10
2020s 0.0764 million USD 0.0104 million USD 0.1376 million USD 4

Countries ranked near Tuvalu

  1. 217 Montserrat 3.23 million USD compare
  2. 218 Palau 3.15 million USD compare
  3. 219 Micronesia (Federated States of) 2.26 million USD compare

See the full ranking of 252 places →

More economy & growth data for Tuvalu

All data for Tuvalu →

Frequently asked questions

What is value added (total manufacturing) — value us$ in Tuvalu?
Value added (total manufacturing) — value us$ in Tuvalu was 0.0882 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
What is the highest value added (total manufacturing) — value us$ recorded in Tuvalu?
The highest recorded value was 0.6952 million USD in 2019.
What is the lowest value added (total manufacturing) — value us$ recorded in Tuvalu?
The lowest recorded value was 0.0104 million USD in 2021.
How does Tuvalu rank for value added (total manufacturing) — value us$?
Tuvalu ranks 220th out of 220 countries with data for 2023.
Is value added (total manufacturing) — value us$ rising or falling in Tuvalu?
Over the last ten years it is down 75.0%. 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 US$. Statizoid updates them automatically from the source API.

Download this data

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About this data

Indicator
Value Added (Total Manufacturing) — Value US$
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
252 places, 12,511 data points, 1970–2023
Last refreshed

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).