Current account balance (credit less debit), Net (credits less) in Tuvalu
Tuvalu: Current account balance (credit less debit), Net (credits less) was 20.21 million in 2023. ◆ Volatile
Current account balance (credit less debit), Net (credits less debits) in Tuvalu, 2005–2023
Source: International Monetary Fund.
Analysis
In 2023, current account balance (credit less debit), net (credits less debits) in Tuvalu stood at 20.21 million.
Compared with earlier readings it is up 13,858.9% on the previous year and up 1,738.8% over ten years.
Over the whole period, current account balance (credit less debit), net (credits less debits) in Tuvalu peaked at 29.25 million in 2018 and was at its lowest, -23.86 million, in 2011.
Tuvalu ranks 82nd of 198 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (credit less debit), Net (credits less) in Tuvalu, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -4.28 million | — |
| 2006 | 6.55 million | -253.1% |
| 2007 | -4.36 million | -166.6% |
| 2008 | -3.71 million | -15.0% |
| 2009 | -16.91 million | +355.9% |
| 2010 | -14.01 million | -17.1% |
| 2011 | -23.86 million | +70.3% |
| 2012 | 6.43 million | -126.9% |
| 2013 | 1.10 million | -82.9% |
| 2014 | -186,012 | -116.9% |
| 2015 | -12.37 million | +6549.3% |
| 2016 | 12.34 million | -199.8% |
| 2017 | 938,530 | -92.4% |
| 2018 | 29.25 million | +3016.8% |
| 2019 | -12.00 million | -141.0% |
| 2020 | 8.46 million | -170.5% |
| 2021 | 17.41 million | +105.8% |
| 2022 | -146,891 | -100.8% |
| 2023 | 20.21 million | -13858.9% |
Tuvalu compared with similar countries
- Tuvalu's 20.21 million is above the median for upper middle income countries, which is -494.28 million. (54 countries reporting)
- Tuvalu's 20.21 million is below the median for East Asia & Pacific, which is 65.63 million, 31% of the median. (33 countries reporting)
Biggest year-on-year movements
Years where Current account balance (credit less debit), Net (credits less) in Tuvalu changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2023 | +13858.9% | -146,891 | 20.21 million |
| 2015 | -6549.3% | -186,012 | -12.37 million |
| 2018 | +3016.8% | 938,530 | 29.25 million |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -4.54 million | -16.91 million | 6.55 million | 5 |
| 2010s | -1.24 million | -23.86 million | 29.25 million | 10 |
| 2020s | 11.48 million | -146,891 | 20.21 million | 4 |
Countries ranked near Tuvalu
- 79 Liberia 64.81 million compare
- 80 Sao Tome and Principe 41.50 million compare
- 81 Micronesia (country) 22.41 million compare
- 83 Nauru 9.73 million compare
- 84 Suriname 9.31 million compare
- 85 Montserrat -1.59 million compare
More financial sector data for Tuvalu
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0145 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 87.72 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0106 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 64.05 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0145 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 87.72 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is current account balance (credit less debit), net (credits less debits) in Tuvalu?
- Current account balance (credit less debit), net (credits less debits) in Tuvalu was 20.21 million in 2023, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in Tuvalu?
- The highest recorded value was 29.25 million in 2018.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in Tuvalu?
- The lowest recorded value was -23.86 million in 2011.
- How does Tuvalu rank for current account balance (credit less debit), net (credits less debits)?
- Tuvalu ranks 82nd out of 198 countries with data for 2023.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in Tuvalu?
- Over the last ten years it is up 1,738.8%. The long-run trend across the full record is volatile.
- Where does this Tuvalu data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.