Tuvalu Economic Statistics and Indicators

13, Nov 2018, EST. Welcome to the Tuvalu economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Tuvalu › Change country
National or Regional Currency: Australian Dollar, AUD
Year of data: 2015 › Change year
Number of Indicators Listed: 28
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 10,782 (July 2014 est.)
Area: total: 26 sq km ; land: 26 sq km ; water: 0 sq km
Natural Resources: fish
Capital: name: Funafuti; note - administrative offices are in Vaiaku Village on Fongafale Islet ; geographic coordinates: 8 31 S, 179 13 E ; time difference: UTC+12 (17 hours ahead of Washington, DC, during Standard Time)

Tuvalu consists of a densely populated, scattered group of nine coral atolls with poor soil. Only eight of the atolls are inhabited. The country has no known mineral resources and few exports and is almost entirely dependent upon imported food and fuel. Subsistence farming and fishing are the primary economic activities. Fewer than 1,000 tourists, on average, visit Tuvalu annually. Job opportunities are scarce and public sector workers make up most of those employed. About 15% of the adult male population work as seamen on merchant ships abroad, and remittances are a vital source of income contributing around $2 million in 2007. Substantial income is received annually from the Tuvalu Trust Fund (TTF) an international trust fund established in 1987 by Australia, NZ, and the UK and supported also by Japan and South Korea. Thanks to wise investments and conservative withdrawals, this fund grew from an initial $17 million to an estimated value of $77 million in 2006. The TTF contributed nearly $9 million towards the government budget in 2006 and is an important cushion for meeting shortfalls in the government's budget. The US Government is also a major revenue source for Tuvalu because of payments from a 1988 treaty on fisheries. In an effort to ensure financial stability and sustainability, the government is pursuing public sector reforms, including privatization of some government functions and personnel cuts. Tuvalu also derives royalties from the lease of its ".tv" Internet domain name with revenue of more than $2 million in 2006. A minor source of government revenue comes from the sale of stamps and coins. With merchandise exports only a fraction of merchandise imports, continued reliance must be placed on fishing and telecommunications license fees, remittances from overseas workers, official transfers, and income from overseas investments. Growing income disparities and the vulnerability of the country to climatic change are among leading concerns for the nation.

Economic Indicators for Tuvalu 2015

GDP (Constant Prices, National Currency) for Tuvalu in year 2015 is AUD 0.036 Billion.

GDP Growth (Constant Prices, National Currency) for Tuvalu in year 2015 is 2.642 %.

GDP (Current Prices, National Currency) for Tuvalu in year 2015 is AUD 0.043 Billion.

GDP (Current Prices, US Dollars) for Tuvalu in year 2015 is US$ 0.033 Billion.

GDP Deflator for Tuvalu in year 2015 is 120.755 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Tuvalu in year 2015 is AUD 3,323.06 .

GDP Per Capita (Current Prices, National Currency) for Tuvalu in year 2015 is AUD 4,012.74 .

GDP Per Capita (Current Prices, US Dollars) for Tuvalu in year 2015 is US$ 3,014.63 .

GDP (PPP), US Dollars for Tuvalu in year 2015 is US$ 0.037 Billion.

GDP Per Capita (PPP), US Dollars for Tuvalu in year 2015 is US$ 3,393.05 .

GDP Share of World Total (PPP) for Tuvalu in year 2015 is -- %.

Implied PPP Conversion Rate for Tuvalu in year 2015 is 1.183 .

Inflation, Average Consumer Prices (Indexed to Year 2000) for Tuvalu in year 2015 is 145.038 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Tuvalu in year 2015 is 3.3 %.

Inflation, End of Year (Indexed to Year 2000) for Tuvalu in year 2015 is 146.322 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Tuvalu in year 2015 is 3.3 %.

Population for Tuvalu in year 2015 is 0.011 Million .

General government revenue (National Currency) for Tuvalu in year 2015 is AUD 0.063 Billions.

General government revenue (% of GDP) for Tuvalu in year 2015 is 143.78 %.

General government total expenditure (National Currency) for Tuvalu in year 2015 is AUD 0.05 Billions.

General government total expenditure (% of GDP) for Tuvalu in year 2015 is 116.12 %.

Total Government Net Lending/ Borrowing (National Currency) for Tuvalu in year 2015 is AUD 0.012 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Tuvalu in year 2015 is 27.661 %.

Fiscal Year Gross Domestic Product, Current Prices for Tuvalu in year 2015 is AUD 0.043 Billions.

Current Account Balance (US Dollars) for Tuvalu in year 2015 is US$ -0.009 Billion.

Current Account Balance (% GDP) for Tuvalu in year 2015 is -26.712 %.

* Source: IMF
Aggregate Indicators for Tuvalu
Indicators
  Geography (Location, geographic coordinates, map references, area, terrain, elevation extremes, borders, coastline and maritime claims) for Tuvalu
  Climate and Environment (climate, environmental issues, environmental agreements, natural hazards) for Tuvalu
  Natural Resources, Agricultural Products, Land Use and Water Use for Tuvalu
  Nationality, Ethnic Groups, Languages and Religions for Tuvalu
  Telephone Statistics: Number of Fixed Lines, Mobile Phone Penetration Rate for Tuvalu
  Age Structure, Median Age, Gender and Urbanization for Tuvalu
  Population Growth Rate, Birth Rate, Death Rate, Net Migration Rate for Tuvalu
  Life Expectancy Rate, Infant Mortality Rate and Total Fertility Rate for Tuvalu
  HIV, AIDS and Other Major Infectious Disease Rates for Tuvalu
  Literacy Rate, Educational Expenditure and School Life Expectancy for Tuvalu
  Gross Domestic Product (PPP, Official Exchange Rate, Real Growth Rate and Per Capita) for Tuvalu
  Industries and Industrial Growth Production Rate for Tuvalu
  Labor Force by Occupation for Tuvalu
  Poverty Line, Gini Index, Household Income and Consumption for Tuvalu
  National Budget and Public Debt for Tuvalu
  Bank Rates (Commercial Bank Prime Lending Rate, Central Bank Discount Rate) for Tuvalu
  Stock of Money, Stock of Quasi Money, Stock of Domestic Credit for Tuvalu
  Stock Market Capitalization: Market Value of Publicly Traded Shares for Tuvalu
  Trade Statistics, Export Statistics, Export Partners and Products, Import Statistics, Import Partners and Products for Tuvalu
  Foreign Exchange Reserves and Gold Reserves for Tuvalu
  FDI Statistics (Foreign Direct Investment at Home/ Inbound FDI, Foreign Direct Investment Abroad/ Outbound FDI) for Tuvalu
  Exchange Rate Statistics for Tuvalu
  Electricity Production, Electricity Consumption, Electricity Exports and Electricity Imports for Tuvalu
  Oil Production, Proven Oil Reserves, Oil Consumption, Oil Exports and Oil Imports for Tuvalu
  Natural Gas Production, Proven Natural Gas Reserves, Natural Gas Consumption, Natural Gas Exports and Natural Gas Imports for Tuvalu
  Television and Radio Statistics (TV Stats, Radio Stats) for Tuvalu
  Internet Statistics (Internet Users, Internet Hosts, Country TLD) for Tuvalu
  Airport Statistics (Paved Runway Airports, Unpaved Runway Airports, Heliports) for Tuvalu
  Transport Statistics (Railways, Roadways, Waterways, Ports and Terminals, Airports, Merchant Marine) for Tuvalu
  Military Statistics (Military Expenditure, Military Branches, Service Age and Obligation, Manpower Available and Fit for Military Service) for Tuvalu
  Disputes, Refugees, Human Trafficking and Illicit Drug Production for Tuvalu
* Source: CIA
Internet Indicators for Tuvalu
Indicators
  Number of Internet Users for Tuvalu
  Internet Penetration Rate for Tuvalu
  Number of Facebook Accounts for Tuvalu
  Facebook Penetration Rate for Tuvalu
* Source: IWS
Tuvalu Economic Indicators in other Years
  Tuvalu Economic Indicators for Year 2021 (Forecast)
  Tuvalu Economic Indicators for Year 2020 (Forecast)
  Tuvalu Economic Indicators for Year 2019 (Forecast)
  Tuvalu Economic Indicators for Year 2018 (Forecast)
  Tuvalu Economic Indicators for Year 2017 (Forecast)
  Tuvalu Economic Indicators for Year 2016 (Forecast)
Tuvalu Economic Indicators for Year 2015 (Current)
  Tuvalu Economic Indicators for Year 2014
  Tuvalu Economic Indicators for Year 2013
  Tuvalu Economic Indicators for Year 2012
  Tuvalu Economic Indicators for Year 2011
  Tuvalu Economic Indicators for Year 2010
  Tuvalu Economic Indicators for Year 2009
  Tuvalu Economic Indicators for Year 2008
  Tuvalu Economic Indicators for Year 2007
  Tuvalu Economic Indicators for Year 2006
  Tuvalu Economic Indicators for Year 2005
  Tuvalu Economic Indicators for Year 2004
  Tuvalu Economic Indicators for Year 2003
  Tuvalu Economic Indicators for Year 2002
  Tuvalu Economic Indicators for Year 2001
  Tuvalu Economic Indicators for Year 2000
  Tuvalu Economic Indicators for Year 1999
  Tuvalu Economic Indicators for Year 1998
  Tuvalu Economic Indicators for Year 1997
  Tuvalu Economic Indicators for Year 1996
  Tuvalu Economic Indicators for Year 1995
  Tuvalu Economic Indicators for Year 1994
  Tuvalu Economic Indicators for Year 1993
  Tuvalu Economic Indicators for Year 1992
  Tuvalu Economic Indicators for Year 1991
  Tuvalu Economic Indicators for Year 1990
  Tuvalu Economic Indicators for Year 1989
  Tuvalu Economic Indicators for Year 1988
  Tuvalu Economic Indicators for Year 1987
  Tuvalu Economic Indicators for Year 1986
  Tuvalu Economic Indicators for Year 1985
  Tuvalu Economic Indicators for Year 1984
  Tuvalu Economic Indicators for Year 1983
  Tuvalu Economic Indicators for Year 1982
  Tuvalu Economic Indicators for Year 1981
  Tuvalu Economic Indicators for Year 1980


Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International