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 5.71% in 2023, compared to 2.71% 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%.
| Year | GDP Growth | Net Chg | GDP Capita Growth | Net Chg |
|---|---|---|---|---|
| 1961 | - | - | - | - |
| 1962 | - | - | - | - |
| 1963 | - | - | - | - |
| 1964 | - | - | - | - |
| 1965 | - | - | - | - |
| 1966 | - | - | - | - |
| 1967 | - | - | - | - |
| 1968 | - | - | - | - |
| 1969 | - | - | - | - |
| 1970 | - | - | - | - |
| 1971 | -1.58 | - | -1.96 | - |
| 1972 | -1.95% | -0.37% | -2.07% | -0.11% |
| 1973 | -1.93% | 0.02% | -1.74% | 0.33% |
| 1974 | -1.68% | 0.25% | -4.06% | -2.32% |
| 1975 | -1.51% | 0.17% | -6.26% | -2.20% |
| 1976 | -0.85% | 0.66% | -5.29% | 0.97% |
| 1977 | -3.74% | -2.89% | -7.8% | -2.51% |
| 1978 | -1.83% | 1.91% | -5.66% | 2.14% |
| 1979 | -0.4% | 1.43% | -3.54% | 2.12% |
| 1980 | -0.64% | -0.24% | -3.09% | 0.45% |
| 1981 | 2.6% | 3.24% | 0.42% | 3.51% |
| 1982 | -16.01% | -18.61% | -17.52% | -17.94% |
| 1983 | 8.97% | 24.98% | 7.22% | 24.74% |
| 1984 | 7.46% | -1.51% | 5.92% | -1.30% |
| 1985 | -1.84% | -9.30% | -3.59% | -9.51% |
| 1986 | 22.59% | 24.43% | 20.03% | 23.62% |
| 1987 | 12.26% | -10.33% | 10.19% | -9.84% |
| 1988 | 19.31% | 7.05% | 17.25% | 7.06% |
| 1989 | -1.95% | -21.26% | -3.58% | -20.83% |
| 1990 | 15.38% | 17.33% | 13.59% | 17.17% |
| 1991 | 3.61% | -11.77% | 2.1% | -11.49% |
| 1992 | 2.79% | -0.82% | 1.54% | -0.56% |
| 1993 | 4.11% | 1.32% | 3.11% | 1.57% |
| 1994 | 10.28% | 6.17% | 9.31% | 6.20% |
| 1995 | -5% | -15.28% | -5.75% | -15.06% |
| 1996 | -5.96% | -0.96% | -6.59% | -0.84% |
| 1997 | 10% | 15.96% | 9.32% | 15.91% |
| 1998 | 15.5% | 5.50% | 14.88% | 5.56% |
| 1999 | -1.56% | -17.06% | -2.03% | -16.91% |
| 2000 | -0.97% | 0.59% | -1.47% | 0.56% |
| 2001 | - | - | -0.44% | 1.03% |
| 2002 | 9.52% | - | 9.1% | 9.54% |
| 2003 | -4.35% | -13.87% | -5.06% | -14.16% |
| 2004 | -2.27% | 2.08% | -3.48% | 1.58% |
| 2005 | -4.65% | -2.38% | -5.84% | -2.36% |
| 2006 | 2.44% | 7.09% | 1.26% | 7.10% |
| 2007 | 7.14% | 4.70% | 5.82% | 4.56% |
| 2008 | 6.67% | -0.47% | 5.23% | -0.59% |
| 2009 | -6.25% | -12.92% | -7.5% | -12.73% |
| 2010 | -2.22% | 4.03% | -3.63% | 3.87% |
| 2011 | 6.82% | 9.04% | 5.17% | 8.80% |
| 2012 | -2.13% | -8.95% | -3.51% | -8.68% |
| 2013 | 4.35% | 6.48% | 3.71% | 7.22% |
| 2014 | - | - | 0.15% | -3.56% |
| 2015 | 10.42% | - | 10.63% | 10.48% |
| 2016 | 5.66% | -4.76% | 5.98% | -4.65% |
| 2017 | 2.45% | -3.21% | 3.02% | -2.96% |
| 2018 | 1.39% | -1.06% | 2.5% | -0.52% |
| 2019 | 13.82% | 12.43% | 15.65% | 13.15% |
| 2020 | -4.27% | -18.09% | -2.6% | -18.25% |
| 2021 | 1.8% | 6.07% | 3.85% | 6.45% |
| 2022 | 0.68% | -1.12% | 2.71% | -1.14% |
| 2023 | 3.85% | 3.17% | 5.71% | 3.00% |
| 2024 | - | - | - | - |