Tuvalu: economy

What is Tuvalu's GDP?

Tuvalu's GDP was A$101.6 million at current prices in 2025, and real GDP grew by 5.2% to about A$100.0 million at constant 2023 prices, according to the Central Statistics Division's GDP report for 2025 (released 4 September 2026). Growth was 8.6% in 2024, after contractions of 15.8% in 2022 and 0.9% in 2023.

The 2025 series has been rebased to 2023 prices, using the 2022 household survey for informal activity, so figures differ from earlier releases. Services made up 77.3% of real GDP. The industrial sector grew 24.4%, mainly from construction, and the primary sector 9.5%, mainly from fishing. Tuvalu uses the Australian dollar.

Official sources: Central Statistics Division: Tuvalu GDP report 2025 (PDF) · Central Statistics Division: GDP tables 2025 (XLSX) · Central Statistics Division: Tuvalu Gross Domestic Product 2025

Where does Tuvalu's government get its money?

Tuvalu's 2026–27 budget projects total revenue of A$143.9 million, according to the Ministry of Finance and Economic Development's 2026–2027 National Budget. The budget names fishing licence fees, revenue from the .tv internet domain, distributions from the Tuvalu Trust Fund and development partner support as the main external sources.

Fishing licences and vessel day sales are expected to rise by A$5.0 million. Interest, dividend and rent income is projected to rise by A$15.0 million, mainly because of a declared Tuvalu Trust Fund distribution of A$21.1 million. The fund's market value rose from A$161.58 million in 2016 to A$293.93 million in 2025–26. The budget also says the government plans to review its commercial contract with GoDaddy.

Official sources: Ministry of Finance and Economic Development: 2026–2027 National Budget (PDF)

What is Tuvalu's economic growth rate?

The World Bank puts real GDP growth in Tuvalu at 1.6% in 2025. The peak was 13.4% in 2019 and the low -10.9% in 2022. Across East Asia & Pacific the middle value was 3.6%, and Tuvalu placed 22nd highest of 29. Worldwide: 139th of 180.

How rich is Tuvalu per person?

In 2025, GDP per person in Tuvalu was $6,041, according to the World Bank. The peak was $6,043 in 2021 and the low $2,298 in 2005. It is 16th highest of 29 in East Asia & Pacific, where the median is $6,547. Worldwide: 104th of 180.

How does Tuvalu's income per person compare after prices?

In 2025, GDP per person at purchasing power parity in Tuvalu was $6,759 in international dollars, according to the World Bank. No year since 2005 has been higher. Across East Asia & Pacific the middle value was $14,200 in international dollars, and Tuvalu placed 22nd highest of 29. Worldwide: 138th of 179.

Does Tuvalu earn more abroad than it spends?

The IMF puts the current account balance in Tuvalu at 40.0% of GDP in 2023. Its high point since 2005 was 2018, at 60.9% of GDP; its low point was 2009, at -60.7% of GDP. Across East Asia & Pacific the middle value was 1.2% of GDP, and Tuvalu placed 1st highest of 26. World rank, highest first: 1st of 172.

How much foreign investment does Tuvalu receive?

0.4% of GDP: that is net inflows of foreign direct investment in Tuvalu for 2025, according to the IMF. Its high point since 2005 was 2009, at 6.3% of GDP; its low point was 2011, at -0.3% of GDP. East Asia & Pacific median: 1.9% of GDP; Tuvalu is 25th highest of 28. World rank, highest first: 150th of 179.