Net secondary income in Tuvalu
Tuvalu: Net secondary income was 29.37 million BoP, current US$ in 2023. ▲ Rising
Net secondary income in Tuvalu, 2001–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Tuvalu recorded 29.37 million BoP, current US$ for net secondary income in 2023.
That represents a change of up 127.4% on the previous year and up 269.0% over ten years.
Over the whole period, net secondary income in Tuvalu peaked at 32.42 million BoP, current US$ in 2021 and was at its lowest, 4.61 million BoP, current US$, in 2001.
Tuvalu ranks 131st of 199 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 23 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.97 million BoP, current US$ | 4.61 million BoP, current US$ | 14.21 million BoP, current US$ | 9 |
| 2010s | 17.16 million BoP, current US$ | 7.96 million BoP, current US$ | 25.05 million BoP, current US$ | 10 |
| 2020s | 23.49 million BoP, current US$ | 12.91 million BoP, current US$ | 32.42 million BoP, current US$ | 4 |
Countries ranked near Tuvalu
- 128 Bahamas 65.43 million BoP, current US$ compare
- 129 Central African Republic 63.40 million BoP, current US$ compare
- 130 Saint Vincent and the Grenadines 59.89 million BoP, current US$ compare
- 132 Palau 25.84 million BoP, current US$ compare
- 133 Malta 22.65 million BoP, current US$ compare
- 134 Saint Lucia 21.33 million BoP, current US$ compare
More economy & growth data for Tuvalu
- GDP 42.97 million constant 2015 US$ (2025)
- GDP deflator 143.55 base year varies by country (2025)
- Gross value added at basic prices (GVA) 27.05 million current US$ (2015)
- Gross value added at basic prices (GVA) 36.01 million current LCU (2015)
- GDP 57.35 million current US$ (2025)
- GDP 89.00 million current LCU (2025)
- GDP 62.00 million constant LCU (2025)
- GDP per capita 4,527 constant 2015 US$ (2025)
- GDP per capita 6,041 current US$ (2025)
- Inflation, GDP deflator 1.8% (2025)
Frequently asked questions
- What is net secondary income in Tuvalu?
- Net secondary income in Tuvalu was 29.37 million BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net secondary income recorded in Tuvalu?
- The highest recorded value was 32.42 million BoP, current US$ in 2021.
- What is the lowest net secondary income recorded in Tuvalu?
- The lowest recorded value was 4.61 million BoP, current US$ in 2001.
- How does Tuvalu rank for net secondary income?
- Tuvalu ranks 131st out of 199 countries with data for 2023.
- Is net secondary income rising or falling in Tuvalu?
- Over the last ten years it is up 269.0%. The long-run trend across the full record is rising.
- Where does this Tuvalu data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net secondary income (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. 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.