Goods balance (credit less debit), Net (credits less debits) (US) in Tuvalu
Tuvalu: Goods balance (credit less debit), Net (credits less debits) (US) was -34.82 million in 2023. ◆ Volatile
Goods balance (credit less debit), Net (credits less debits) in Tuvalu, 2005–2023
Source: International Monetary Fund.
Analysis
Tuvalu recorded -34.82 million for goods balance (credit less debit), net (credits less debits) in 2023. That is the lowest value across all 19 years on record.
The figure is down 36.1% on the previous year and down 124.2% over ten years.
Over the whole period, goods balance (credit less debit), net (credits less debits) in Tuvalu peaked at -1.55 million in 2012 and was at its lowest, -34.82 million, in 2023.
That places Tuvalu 67th out of 198 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Goods balance (credit less debit), Net (credits less debits) (US) in Tuvalu, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -10.36 million | — |
| 2006 | -9.26 million | -10.6% |
| 2007 | -9.36 million | +1.0% |
| 2008 | -9.07 million | -3.1% |
| 2009 | -21.08 million | +132.4% |
| 2010 | -8.40 million | -60.2% |
| 2011 | -10.62 million | +26.5% |
| 2012 | -1.55 million | -85.4% |
| 2013 | -15.53 million | +899.5% |
| 2014 | -14.80 million | -4.7% |
| 2015 | -31.01 million | +109.5% |
| 2016 | -18.05 million | -41.8% |
| 2017 | -19.37 million | +7.3% |
| 2018 | -15.79 million | -18.5% |
| 2019 | -31.26 million | +98.0% |
| 2020 | -27.02 million | -13.6% |
| 2021 | -31.92 million | +18.1% |
| 2022 | -25.59 million | -19.8% |
| 2023 | -34.82 million | +36.1% |
Tuvalu compared with similar countries
- Tuvalu's -34.82 million is above the median for upper middle income countries, which is -778.45 million, 4% of the median. (54 countries reporting)
- Tuvalu's -34.82 million is above the median for East Asia & Pacific, which is -98.47 million, 35% of the median. (33 countries reporting)
Biggest year-on-year movements
Years where Goods balance (credit less debit), Net (credits less debits) (US) 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 |
|---|---|---|---|
| 2013 | -899.5% | -1.55 million | -15.53 million |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -11.83 million | -21.08 million | -9.07 million | 5 |
| 2010s | -16.64 million | -31.26 million | -1.55 million | 10 |
| 2020s | -29.83 million | -34.82 million | -25.59 million | 4 |
Countries ranked near Tuvalu
- 64 Namibia -2.10 million compare
- 65 Marshall Islands -12.31 million compare
- 66 Montserrat -34.46 million compare
- 68 Micronesia (country) -66.36 million compare
- 69 Nauru -67.12 million compare
- 70 Mali -74.65 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 goods balance (credit less debit), net (credits less debits) in Tuvalu?
- Goods balance (credit less debit), net (credits less debits) in Tuvalu was -34.82 million in 2023, according to International Monetary Fund.
- What is the highest goods balance (credit less debit), net (credits less debits) recorded in Tuvalu?
- The highest recorded value was -1.55 million in 2012.
- What is the lowest goods balance (credit less debit), net (credits less debits) recorded in Tuvalu?
- The lowest recorded value was -34.82 million in 2023.
- How does Tuvalu rank for goods balance (credit less debit), net (credits less debits)?
- Tuvalu ranks 67th out of 198 countries with data for 2023.
- Is goods balance (credit less debit), net (credits less debits) rising or falling in Tuvalu?
- Over the last ten years it is down 124.2%. 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 Goods balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under IMF Terms and Conditions (attribution required).
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.