GDP (current US$), annual growth rate in Tuvalu
Tuvalu: GDP (current US$), annual growth rate was 5.44 % change on previous year in 2023. ◆ Volatile
GDP (current US$), annual growth rate in Tuvalu, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Tuvalu recorded 5.44 % change on previous year for gdp (current us$), annual growth rate in 2023.
Compared with earlier readings it is up 389.8% on the previous year and up 393.4% over ten years.
Over the whole period, gdp (current us$), annual growth rate in Tuvalu peaked at 39.65 % change on previous year in 1988 and was at its lowest, -13.81 % change on previous year, in 1985.
Tuvalu ranks 116th of 211 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current US$), annual growth rate in Tuvalu, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 5.07 % change on previous year | — |
| 1972 | 9.26 % change on previous year | +82.7% |
| 1973 | 14.94 % change on previous year | +61.4% |
| 1974 | 20.82 % change on previous year | +39.4% |
| 1975 | -2.61 % change on previous year | -112.5% |
| 1976 | -2.38 % change on previous year | -8.7% |
| 1977 | -6.37 % change on previous year | +167.3% |
| 1978 | 3.53 % change on previous year | -155.3% |
| 1979 | 7.03 % change on previous year | +99.3% |
| 1980 | 3.46 % change on previous year | -50.8% |
| 1981 | 13.48 % change on previous year | +290.1% |
| 1982 | -13.7 % change on previous year | -201.7% |
| 1983 | 0.8157 % change on previous year | -106.0% |
| 1984 | 7.93 % change on previous year | +872.5% |
| 1985 | -13.81 % change on previous year | -274.1% |
| 1986 | 18.43 % change on previous year | -233.4% |
| 1987 | 9.74 % change on previous year | -47.1% |
| 1988 | 39.65 % change on previous year | +306.9% |
| 1989 | 20.59 % change on previous year | -48.1% |
| 1990 | 12.87 % change on previous year | -37.5% |
| 1991 | 6.12 % change on previous year | -52.4% |
| 1992 | 4.03 % change on previous year | -34.3% |
| 1993 | -1.14 % change on previous year | -128.4% |
| 1994 | 13.04 % change on previous year | -1239.2% |
| 1995 | 1.27 % change on previous year | -90.2% |
| 1996 | 11.88 % change on previous year | +832.1% |
| 1997 | 2.97 % change on previous year | -75.0% |
| 1998 | 0.4434 % change on previous year | -85.0% |
| 1999 | 7.29 % change on previous year | +1543.6% |
| 2000 | 1.85 % change on previous year | -74.6% |
| 2001 | -7.36 % change on previous year | -498.2% |
| 2002 | 20.61 % change on previous year | -380.1% |
| 2003 | 15.52 % change on previous year | -24.7% |
| 2004 | 17.18 % change on previous year | +10.7% |
| 2005 | 0.4899 % change on previous year | -97.1% |
| 2006 | 5.18 % change on previous year | +957.4% |
| 2007 | 18.07 % change on previous year | +248.7% |
| 2008 | 12.04 % change on previous year | -33.4% |
| 2009 | -11.91 % change on previous year | -199.0% |
| 2010 | 14.35 % change on previous year | -220.4% |
| 2011 | 22.09 % change on previous year | +54.0% |
| 2012 | 0.3791 % change on previous year | -98.3% |
| 2013 | -1.85 % change on previous year | -589.2% |
| 2014 | 0.3758 % change on previous year | -120.3% |
| 2015 | -5.03 % change on previous year | -1438.3% |
| 2016 | 13.09 % change on previous year | -360.2% |
| 2017 | 8.76 % change on previous year | -33.0% |
| 2018 | 6.05 % change on previous year | -31.0% |
| 2019 | 12.72 % change on previous year | +110.3% |
| 2020 | -4.39 % change on previous year | -134.5% |
| 2021 | 16.33 % change on previous year | -471.9% |
| 2022 | -1.88 % change on previous year | -111.5% |
| 2023 | 5.44 % change on previous year | -389.8% |
Tuvalu compared with similar countries
- Tuvalu's 5.44 % change on previous year is below the median for upper middle income countries, which is 5.6 % change on previous year, 97% of the median. (58 countries reporting)
- Tuvalu's 5.44 % change on previous year is below the median for East Asia & Pacific, which is 5.94 % change on previous year, 92% of the median. (36 countries reporting)
Biggest year-on-year movements
Years where GDP (current US$), annual growth rate 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 |
|---|---|---|---|
| 1999 | +1543.6% | 0.4434 % change on previous year | 7.29 % change on previous year |
| 2015 | -1438.3% | 0.3758 % change on previous year | -5.03 % change on previous year |
| 1994 | +1239.2% | -1.14 % change on previous year | 13.04 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.47 % change on previous year | -6.37 % change on previous year | 20.82 % change on previous year | 9 |
| 1980s | 8.66 % change on previous year | -13.81 % change on previous year | 39.65 % change on previous year | 10 |
| 1990s | 5.88 % change on previous year | -1.14 % change on previous year | 13.04 % change on previous year | 10 |
| 2000s | 7.17 % change on previous year | -11.91 % change on previous year | 20.61 % change on previous year | 10 |
| 2010s | 7.09 % change on previous year | -5.03 % change on previous year | 22.09 % change on previous year | 10 |
| 2020s | 3.88 % change on previous year | -4.39 % change on previous year | 16.33 % change on previous year | 4 |
Countries ranked near Tuvalu
- 113 Greenland 5.53 % change on previous year compare
- 114 Israel 5.5 % change on previous year compare
- 115 Denmark 5.49 % change on previous year compare
- 117 United States 5.28 % change on previous year compare
- 118 Ukraine 5.25 % change on previous year compare
- 119 South Africa 5.14 % change on previous year compare
More population data for Tuvalu
- Population regions with projections, annual growth rate 0.1385 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -6.62 % change on previous year (2050)
- Population long run with projections, annual growth rate 0.1385 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.2735 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 13.21 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 0.5484 Percent per annum (2030)
- Projected population under age 5, annual growth rate 0 % change on previous year (2100)
- World population growth 0.2% (2100)
- Population density 409.67 people per km² (2100)
- Number of children under 5, by world region 765 people (2100)
Frequently asked questions
- What is gdp (current us$), annual growth rate in Tuvalu?
- Gdp (current us$), annual growth rate in Tuvalu was 5.44 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gdp (current us$), annual growth rate recorded in Tuvalu?
- The highest recorded value was 39.65 % change on previous year in 1988.
- What is the lowest gdp (current us$), annual growth rate recorded in Tuvalu?
- The lowest recorded value was -13.81 % change on previous year in 1985.
- How does Tuvalu rank for gdp (current us$), annual growth rate?
- Tuvalu ranks 116th out of 211 countries with data for 2023.
- Is gdp (current us$), annual growth rate rising or falling in Tuvalu?
- Over the last ten years it is up 393.4%. The long-run trend across the full record is volatile.
- Where does this Tuvalu data come from?
- The figures come from Statizoid (derived), published as part of GDP (current US$), 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 GDP (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP UNESCO Institute for Statistics
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.