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Tuvalu GDP

Tuvalu's GDP rose to $62.28 million in 2023, up from $59.07 million in 2022, according to World Bank. This represents an increase of 5.4% ($3.21 million) from the previous year. Tuvalu has the lowest GDP, followed by Nauru and Marshall Islands.

Tuvalu's GDP per capita rose to $4,773.34 in 2023, up from $4,515.3 in 2022.

Yearly Historical Data (1970-2023)

(in Million USD)
Year GDP (Million USD)
2023 62.28
2022 59.07
2021 60.2
2020 51.75
2019 54.12
2018 48.02
2017 45.28
2016 41.63
2015 36.81
2014 38.76
2013 38.62
2012 39.35
2011 39.2
2010 32.11
2009 28.08
2008 31.87
2007 28.45
2006 24.1
2005 22.91
2004 22.8
2003 19.46
2002 16.84
2001 13.96
2000 15.07
1999 14.8
1998 13.8
1997 13.73
1996 13.34
1995 11.92
1994 11.77
1993 10.41
1992 10.54
1991 10.13
1990 9.54
1989 8.45
1988 7.01
1987 5.02
1986 4.57
1985 3.86
1984 4.48
1983 4.15
1982 4.12
1981 4.77
1980 4.21
1979 4.07
1978 3.8
1977 3.67
1976 3.92
1975 4.01
1974 4.12
1973 3.41
1972 2.97
1971 2.72
1970 2.59
Tuvalu GDP : Definition
GDP measures the total value of all goods and services produced in Tuvalu, measured in current US dollars. It is also called Nominal GDP.
Indicator Last Value Prior Value Period
GDP Annual Growth Rate 3.85% 0.68% 2023
GDP per Capita $4,773.34 $4,515.3 2023
GDP per Capita PPP $5,812.4 $5,498.18 2023
Real GDP $46.86M $45.12M 2023