Taxes less subsidies on products in Tuvalu
Tuvalu: Taxes less subsidies on products was 7.48 million current LCU in 2015. ▲ Rising
Taxes less subsidies on products in Tuvalu, 2000–2015
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2015, taxes less subsidies on products in Tuvalu stood at 7.48 million current LCU. That is the highest value across all 16 years on record.
Compared with earlier readings it is up 19.7% on the previous year and up 168.3% over ten years.
Over the whole period, taxes less subsidies on products in Tuvalu peaked at 7.48 million current LCU in 2015 and was at its lowest, 2.36 million current LCU, in 2010.
That places Tuvalu 190th out of 198 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.00 million current LCU | 2.62 million current LCU | 3.51 million current LCU | 10 |
| 2010s | 4.77 million current LCU | 2.36 million current LCU | 7.48 million current LCU | 6 |
Countries ranked near Tuvalu
- 187 Palau 40.13 million current LCU compare
- 188 Isle of Man 17.90 million current LCU compare
- 189 Marshall Islands 12.05 million current LCU compare
- 191 Venezuela 0 current LCU compare
- 193 Kiribati -10.45 million current LCU 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 9,376 current LCU (2025)
- Inflation, GDP deflator 1.8% (2025)
Frequently asked questions
- What is taxes less subsidies on products in Tuvalu?
- Taxes less subsidies on products in Tuvalu was 7.48 million current LCU in 2015, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest taxes less subsidies on products recorded in Tuvalu?
- The highest recorded value was 7.48 million current LCU in 2015.
- What is the lowest taxes less subsidies on products recorded in Tuvalu?
- The lowest recorded value was 2.36 million current LCU in 2010.
- How does Tuvalu rank for taxes less subsidies on products?
- Tuvalu ranks 190th out of 198 countries with data for 2015.
- Is taxes less subsidies on products rising or falling in Tuvalu?
- Over the last ten years it is up 168.3%. 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 Organizations and/or Central Banks, published as part of Taxes less subsidies on products (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 16 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.