Volume of remittances (in United States dollars) … total in Tuvalu
Tuvalu: Volume of remittances (in United States dollars) … total was 4.2% in 2023. ◆ Volatile
Volume of remittances (in United States dollars) as a proportion of in Tuvalu, 2001–2023
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for volume of remittances (in united states dollars) as a proportion of in Tuvalu is 4.2%, measured in 2023. That is the lowest value across all 23 years on record.
Compared with earlier readings it is down 0.5% on the previous year and down 56.2% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Tuvalu peaked at 38.8% in 2002 and was at its lowest, 4.2%, in 2023.
That places Tuvalu 73rd out of 205 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Volume of remittances (in United States dollars) … total in Tuvalu, year by year
| Year | % | Change |
|---|---|---|
| 2001 | 30.4% | — |
| 2002 | 38.8% | +27.6% |
| 2003 | 26.1% | -32.8% |
| 2004 | 21.3% | -18.3% |
| 2005 | 21.5% | +1.0% |
| 2006 | 15.2% | -29.4% |
| 2007 | 19.7% | +29.6% |
| 2008 | 18.7% | -5.0% |
| 2009 | 17.2% | -8.1% |
| 2010 | 12.2% | -29.0% |
| 2011 | 11.7% | -4.2% |
| 2012 | 9.7% | -16.6% |
| 2013 | 9.5% | -2.5% |
| 2014 | 8.4% | -12.0% |
| 2015 | 7.2% | -14.5% |
| 2016 | 6.1% | -14.5% |
| 2017 | 6.1% | -1.0% |
| 2018 | 5.6% | -8.2% |
| 2019 | 4.4% | -20.1% |
| 2020 | 4.3% | -4.3% |
| 2021 | 4.9% | +15.2% |
| 2022 | 4.2% | -14.6% |
| 2023 | 4.2% | -0.5% |
Tuvalu compared with similar countries
- Tuvalu's 4.2% is above the median for upper middle income countries, which is 3.6%, 1.1× the median. (53 countries reporting)
- Tuvalu's 4.2% is above the median for East Asia & Pacific, which is 3.8%, 1.1× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 23.2% | 15.2% | 38.8% | 9 |
| 2010s | 8.1% | 4.4% | 12.2% | 10 |
| 2020s | 4.4% | 4.2% | 4.9% | 4 |
Countries ranked near Tuvalu
More economy & growth data for Tuvalu
- Real gdp growth, annual growth rate -23.54 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 4.95 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0829 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 501.07 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.0616 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0606 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 365.88 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is volume of remittances (in united states dollars) as a proportion of in Tuvalu?
- Volume of remittances (in united states dollars) as a proportion of in Tuvalu was 4.2% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest volume of remittances (in united states dollars) as a proportion of recorded in Tuvalu?
- The highest recorded value was 38.8% in 2002.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Tuvalu?
- The lowest recorded value was 4.2% in 2023.
- How does Tuvalu rank for volume of remittances (in united states dollars) as a proportion of?
- Tuvalu ranks 73rd out of 205 countries with data for 2023.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in Tuvalu?
- Over the last ten years it is down 56.2%. The long-run trend across the full record is volatile.
- Where does this Tuvalu data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Volume of remittances (in United States dollars) as a proportion of total GDP (%). Statizoid updates them automatically from the source API.
Download this data
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