Tuvalu GDP Growth Rate 1991-2022

Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.
  • Tuvalu gdp growth rate for 2021 was 2.99%, a 1.47% increase from 2020.
  • Tuvalu gdp growth rate for 2020 was 1.52%, a 12.28% decline from 2019.
  • Tuvalu gdp growth rate for 2019 was 13.79%, a 12.04% increase from 2018.
  • Tuvalu gdp growth rate for 2018 was 1.75%, a 0.03% decline from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name GDP Growth (%)
Libya 31.37%
Maldives 30.96%
Guyana 19.93%
Peru 13.35%
Montenegro 12.43%
Dominican Republic 12.27%
Botswana 11.36%
Turkey 10.99%
Colombia 10.56%
Belize 9.75%
Albania 8.54%
China 8.11%
Costa Rica 7.58%
Guatemala 7.53%
Serbia 7.39%
Bosnia 7.10%
St. Lucia 6.60%
Dominica 6.54%
Romania 5.88%
Armenia 5.70%
Azerbaijan 5.60%
Grenada 5.32%
South Africa 4.91%
Russia 4.82%
Mexico 4.80%
Brazil 4.62%
Jamaica 4.60%
Ecuador 4.24%
Paraguay 4.20%
Bulgaria 4.18%
Mauritius 4.04%
Kazakhstan 4.00%
North Macedonia 3.96%
Algeria 3.85%
Malaysia 3.13%
Tuvalu 2.99%
Iraq 2.78%
Belarus 2.51%
Namibia 2.43%
Jordan 2.21%
Thailand 1.57%
Gabon 1.51%
Nauru 1.50%
St. Vincent and the Grenadines 0.74%
Equatorial Guinea -0.95%
Marshall Islands -2.50%
Suriname -3.48%
Fiji -4.08%
Samoa -8.08%
Lebanon -10.52%
Tuvalu GDP Growth Rate - Historical Data
Year GDP Growth (%) Annual Change
2021 2.99% 1.47%
2020 1.52% -12.28%
2019 13.79% 12.04%
2018 1.75% -0.03%
2017 1.79% -3.87%
2016 5.66% -4.76%
2015 10.42% 10.42%
2014 0.00% -4.35%
2013 4.35% 6.48%
2012 -2.13% -8.95%
2011 6.82% 9.04%
2010 -2.22% 4.03%
2009 -6.25% -12.92%
2008 6.67% -0.48%
2007 7.14% 4.70%
2006 2.44% 7.09%
2005 -4.65% -2.38%
2004 -2.27% 2.08%
2003 -4.35% -13.87%
2002 9.52% 9.52%
2001 0.00% 0.97%
2000 -0.97% 0.59%
1999 -1.56% -17.07%
1998 15.50% 5.50%
1997 10.00% 15.96%
1996 -5.96% -0.96%
1995 -5.00% -15.29%
1994 10.28% 6.17%
1993 4.11% 1.32%
1992 2.79% -0.82%
1991 3.61% -0.82%