Remittance inflows to GDP in Tuvalu
Tuvalu: Remittance inflows to GDP was 0.0% in 2020. ◆ Volatile
Remittance inflows to GDP in Tuvalu, 2001–2020
Source: World Development Indicators (WDI), World Bank. Measured in %.
Analysis
In 2020, remittance inflows to gdp in Tuvalu stood at 0.0%. That is the lowest value across all 20 years on record.
That represents a change of down 100.0% on the previous year and down 100.0% over ten years.
Over the whole period, remittance inflows to gdp in Tuvalu peaked at 38.8% in 2002 and was at its lowest, 0.0%, in 2020.
Tuvalu ranks 188th of 195 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 23.2% | 15.2% | 38.8% | 9 |
| 2010s | 5.2% | 1.7% | 12.2% | 10 |
| 2020s | 0.0% | 0.0% | 0.0% | 1 |
Countries ranked near Tuvalu
- 185 Angola 0.0% compare
- 186 Papua New Guinea 0.0% compare
- 187 Turkmenistan 0.0% compare
- 188 Chad 0.0% compare
- 188 Equatorial Guinea 0.0% compare
- 188 Eritrea 0.0% compare
- 188 Faroe Islands 0.0% compare
- 188 Libya 0.0% compare
- 188 Singapore 0.0% compare
More financial sector data for Tuvalu
- Official exchange rate 1.55 LCU per US$, period average (2025)
- Net migration -255 (2025)
- GDP deflator: linked series 143.55 base year varies by country (2025)
- Inflation, GDP deflator: linked series 1.8% (2025)
- Banking crisis dummy 0 1=banking crisis, 0=none (2017)
- International migrant stock, total 246 (2024)
- International migrant stock 2.6% (2024)
Frequently asked questions
- What is remittance inflows to gdp in Tuvalu?
- Remittance inflows to gdp in Tuvalu was 0.0% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest remittance inflows to gdp recorded in Tuvalu?
- The highest recorded value was 38.8% in 2002.
- What is the lowest remittance inflows to gdp recorded in Tuvalu?
- The lowest recorded value was 0.0% in 2020.
- How does Tuvalu rank for remittance inflows to gdp?
- Tuvalu ranks 188th out of 195 countries with data for 2020.
- Is remittance inflows to gdp rising or falling in Tuvalu?
- Over the last ten years it is down 100.0%. The long-run trend across the full record is volatile.
- Where does this Tuvalu data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Remittance inflows to GDP (%). Statizoid updates them automatically from the source API.
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CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Workers' remittances and compensation of employees comprise current transfers by migrant workers and wages and salaries earned by nonresident workers. Data are the sum of three items defined in the fifth edition of the IMF's Balance of Payments Manual: workers' remittances, compensation of employees, and migrants' transfers. Remittances are classified as current private transfers from migrant workers resident in the host country for more than a year, irrespective of their immigration status, to recipients in their country of origin. Migrants' transfers are defined as the net worth of migrants who are expected to remain in the host country for more than one year that is transferred from one country to another at the time of migration. Compensation of employees is the income of migrants who have lived in the host country for less than a year.