Gross value added at basic prices (GVA) in Tuvalu

Tuvalu: Gross value added at basic prices (GVA) was 27.05 million current US$ in 2015. ▲ Rising

Latest (2015)
27.05 million current US$
Change on year
down 14.5%
World rank
205th
of 206 countries
All-time high
36.69 million current US$
in 2011
All-time low
11.38 million current US$
in 2001
Years of data
16
2000–2015

Gross value added at basic prices (GVA) in Tuvalu, 2000–2015

10.0M20.0M30.0M40.0M2000200720152000: 12.0M current US$2001: 11.4M current US$2002: 13.6M current US$2003: 16.1M current US$2004: 19.4M current US$2005: 19.7M current US$2006: 20.9M current US$2007: 24.7M current US$2008: 27.6M current US$2009: 25.0M current US$2010: 29.7M current US$2011: 36.7M current US$2012: 35.1M current US$2013: 33.1M current US$2014: 31.6M current US$2015: 27.1M current US$

Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.

Analysis

Tuvalu recorded 27.05 million current US$ for gross value added at basic prices (gva) in 2015.

Compared with earlier readings it is down 14.5% on the previous year and up 37.3% over ten years.

Over the whole period, gross value added at basic prices (gva) in Tuvalu peaked at 36.69 million current US$ in 2011 and was at its lowest, 11.38 million current US$, in 2001.

That places Tuvalu 205th out of 206 countries with data for 2015, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 16 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 19.05 million current US$ 11.38 million current US$ 27.64 million current US$ 10
2010s 32.21 million current US$ 27.05 million current US$ 36.69 million current US$ 6

Countries ranked near Tuvalu

  1. 202 Kiribati 349.94 million current US$ compare
  2. 203 Palau 281.37 million current US$ compare
  3. 204 Marshall Islands 278.06 million current US$ compare
  4. 206 Venezuela 0 current US$ compare

See the full ranking of 244 places →

More economy & growth data for Tuvalu

All data for Tuvalu →

Frequently asked questions

What is gross value added at basic prices (gva) in Tuvalu?
Gross value added at basic prices (gva) in Tuvalu was 27.05 million current US$ in 2015, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest gross value added at basic prices (gva) recorded in Tuvalu?
The highest recorded value was 36.69 million current US$ in 2011.
What is the lowest gross value added at basic prices (gva) recorded in Tuvalu?
The lowest recorded value was 11.38 million current US$ in 2001.
How does Tuvalu rank for gross value added at basic prices (gva)?
Tuvalu ranks 205th out of 206 countries with data for 2015.
Is gross value added at basic prices (gva) rising or falling in Tuvalu?
Over the last ten years it is up 37.3%. The long-run trend across the full record is rising.
Where does this Tuvalu data come from?
The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross value added at basic prices (GVA) (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross value added at basic prices (GVA) (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
244 places, 10,967 data points, 1960–2025
Last refreshed

Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.