Value Added (Total Manufacturing) — Value US$ in Tuvalu
Tuvalu: Value Added (Total Manufacturing) — Value US$ was 0.0882 million USD in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value US$ in Tuvalu, 1970–2023
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 236th of 236 countries on this measure, 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 US$ in Tuvalu, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 0.0474 million USD | — |
| 1971 | 0.0504 million USD | +6.2% |
| 1972 | 0.0555 million USD | +10.1% |
| 1973 | 0.0693 million USD | +24.9% |
| 1974 | 0.0738 million USD | +6.5% |
| 1975 | 0.0706 million USD | -4.4% |
| 1976 | 0.0694 million USD | -1.7% |
| 1977 | 0.0646 million USD | -6.9% |
| 1978 | 0.0709 million USD | +9.6% |
| 1979 | 0.0749 million USD | +5.6% |
| 1980 | 0.0778 million USD | +4.0% |
| 1981 | 0.0846 million USD | +8.7% |
| 1982 | 0.0681 million USD | -19.5% |
| 1983 | 0.0768 million USD | +12.7% |
| 1984 | 0.0883 million USD | +15.0% |
| 1985 | 0.053 million USD | -40.0% |
| 1986 | 0.0741 million USD | +39.8% |
| 1987 | 0.0977 million USD | +32.0% |
| 1988 | 0.1908 million USD | +95.2% |
| 1989 | 0.2133 million USD | +11.8% |
| 1990 | 0.1389 million USD | -34.9% |
| 1991 | 0.1495 million USD | +7.7% |
| 1992 | 0.2195 million USD | +46.8% |
| 1993 | 0.1514 million USD | -31.0% |
| 1994 | 0.1641 million USD | +8.4% |
| 1995 | 0.1646 million USD | +0.3% |
| 1996 | 0.1426 million USD | -13.3% |
| 1997 | 0.1822 million USD | +27.7% |
| 1998 | 0.1824 million USD | +0.1% |
| 1999 | 0.1065 million USD | -41.6% |
| 2000 | 0.1038 million USD | -2.6% |
| 2001 | 0.1007 million USD | -2.9% |
| 2002 | 0.1357 million USD | +34.7% |
| 2003 | 0.2236 million USD | +64.8% |
| 2004 | 0.2034 million USD | -9.1% |
| 2005 | 0.1803 million USD | -11.3% |
| 2006 | 0.2027 million USD | +12.4% |
| 2007 | 0.2096 million USD | +3.4% |
| 2008 | 0.3189 million USD | +52.1% |
| 2009 | 0.2887 million USD | -9.5% |
| 2010 | 0.3493 million USD | +21.0% |
| 2011 | 0.4024 million USD | +15.2% |
| 2012 | 0.436 million USD | +8.4% |
| 2013 | 0.3529 million USD | -19.1% |
| 2014 | 0.4137 million USD | +17.2% |
| 2015 | 0.4481 million USD | +8.3% |
| 2016 | 0.5204 million USD | +16.1% |
| 2017 | 0.5365 million USD | +3.1% |
| 2018 | 0.5977 million USD | +11.4% |
| 2019 | 0.6952 million USD | +16.3% |
| 2020 | 0.1376 million USD | -80.2% |
| 2021 | 0.0104 million USD | -92.4% |
| 2022 | 0.0694 million USD | +566.4% |
| 2023 | 0.0882 million USD | +27.2% |
Tuvalu compared with similar countries
- Tuvalu's 0.0882 million USD is below the median for upper middle income countries, which is 4,472 million USD, 0% of the median. (54 countries reporting)
- Tuvalu's 0.0882 million USD is below the median for East Asia & Pacific, which is 1,166 million USD, 0% of the median. (28 countries reporting)
Biggest year-on-year movements
Years where Value Added (Total Manufacturing) — Value 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 |
|---|---|---|---|
| 2022 | +566.4% | 0.0104 million USD | 0.0694 million USD |
| 2021 | -92.4% | 0.1376 million USD | 0.0104 million USD |
Averages by decade
| Decade | Average | Lowest | Highest | 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
- 233 Montserrat 3.23 million USD compare
- 234 Palau 3.15 million USD compare
- 235 Micronesia (Federated States of) 2.26 million USD 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 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$?
- Tuvalu ranks 236th out of 236 countries with data for 2023.
- Is value added (total manufacturing) — value us$ 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.
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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).