GDP Growth Rate
Year -
3.85%
In 2023, Tuvalu experienced a significant an increase in its GDP growth rate, which rise to 3.85% from 0.68% in 2022. Additionally, the GDP per capita growth rate in Tuvalu increase to 3.09% in 2023, compared to -0.28% in 2022.
In 2023, Tuvalu experienced a increase in economic performance, with the GDP growth rate rising by 3.17%. Additionally, the GDP per capita growth rate increase by 3.37%.
| Year | GDP Growth | Net Chg | GDP Capita Growth | Net Chg |
|---|---|---|---|---|
| 1961 | - | - | - | - |
| 1962 | - | - | - | - |
| 1963 | - | - | - | - |
| 1964 | - | - | - | - |
| 1965 | - | - | - | - |
| 1966 | - | - | - | - |
| 1967 | - | - | - | - |
| 1968 | - | - | - | - |
| 1969 | - | - | - | - |
| 1970 | - | - | - | - |
| 1971 | -1.58 | - | -2.26 | - |
| 1972 | -1.95% | -0.37% | -2.57% | -0.31% |
| 1973 | -1.93% | 0.02% | -2.64% | -0.07% |
| 1974 | -1.68% | 0.25% | -4.35% | -1.71% |
| 1975 | -1.51% | 0.17% | -5.84% | -1.49% |
| 1976 | -0.85% | 0.66% | -5.24% | 0.60% |
| 1977 | -3.74% | -2.89% | -7.97% | -2.73% |
| 1978 | -1.83% | 1.91% | -6.04% | 1.93% |
| 1979 | -0.4% | 1.43% | -3.76% | 2.28% |
| 1980 | -0.64% | -0.24% | -2.94% | 0.82% |
| 1981 | 2.6% | 3.24% | 0.74% | 3.68% |
| 1982 | -16.01% | -18.61% | -17.26% | -18.00% |
| 1983 | 8.97% | 24.98% | 7.55% | 24.81% |
| 1984 | 7.46% | -1.51% | 6.18% | -1.37% |
| 1985 | -1.84% | -9.30% | -3.39% | -9.57% |
| 1986 | 22.59% | 24.43% | 20.18% | 23.57% |
| 1987 | 12.26% | -10.33% | 10.07% | -10.11% |
| 1988 | 19.31% | 7.05% | 16.89% | 6.82% |
| 1989 | -1.95% | -21.26% | -3.83% | -20.72% |
| 1990 | 15.38% | 17.33% | 13.3% | 17.13% |
| 1991 | 3.61% | -11.77% | 1.7% | -11.60% |
| 1992 | 2.79% | -0.82% | 1.57% | -0.13% |
| 1993 | 4.11% | 1.32% | 3.55% | 1.98% |
| 1994 | 10.28% | 6.17% | 9.8% | 6.25% |
| 1995 | -5% | -15.28% | -5.26% | -15.06% |
| 1996 | -5.96% | -0.96% | -6.22% | -0.96% |
| 1997 | 10% | 15.96% | 9.79% | 16.01% |
| 1998 | 15.5% | 5.50% | 15.45% | 5.66% |
| 1999 | -1.56% | -17.06% | -1.63% | -17.08% |
| 2000 | -0.97% | 0.59% | -0.95% | 0.68% |
| 2001 | - | - | 0.18% | 1.13% |
| 2002 | 9.52% | - | 9.66% | 9.48% |
| 2003 | -4.35% | -13.87% | -4.93% | -14.59% |
| 2004 | -2.27% | 2.08% | -3.5% | 1.43% |
| 2005 | -4.65% | -2.38% | -5.82% | -2.32% |
| 2006 | 2.44% | 7.09% | 1.23% | 7.05% |
| 2007 | 7.14% | 4.70% | 5.89% | 4.66% |
| 2008 | 6.67% | -0.47% | 5.39% | -0.50% |
| 2009 | -6.25% | -12.92% | -7.48% | -12.87% |
| 2010 | -2.22% | 4.03% | -3.54% | 3.94% |
| 2011 | 6.82% | 9.04% | 5.32% | 8.86% |
| 2012 | -2.13% | -8.95% | -3.52% | -8.84% |
| 2013 | 4.35% | 6.48% | 3.74% | 7.26% |
| 2014 | - | - | 0.17% | -3.57% |
| 2015 | 10.42% | - | 10.64% | 10.47% |
| 2016 | 5.66% | -4.76% | 5.9% | -4.74% |
| 2017 | 2.45% | -3.21% | 2.68% | -3.22% |
| 2018 | 1.39% | -1.06% | 1.04% | -1.64% |
| 2019 | 13.82% | 12.43% | 12.88% | 11.84% |
| 2020 | -4.27% | -18.09% | -5.25% | -18.13% |
| 2021 | 1.8% | 6.07% | 0.58% | 5.83% |
| 2022 | 0.68% | -1.12% | -0.28% | -0.86% |
| 2023 | 3.85% | 3.17% | 3.09% | 3.37% |