Secondary income balance (credit less debit), Net (credits less) in Tuvalu
Tuvalu: Secondary income balance (credit less debit), Net (credits less) was 29.37 million in 2023. ▲ Rising
Secondary income balance (credit less debit), Net (credits less) in Tuvalu, 2005–2023
Source: International Monetary Fund.
Analysis
In 2023, secondary income balance (credit less debit), net (credits less) in Tuvalu stood at 29.37 million.
That represents a change of up 127.4% on the previous year and up 269.0% over ten years.
Over the whole period, secondary income balance (credit less debit), net (credits less) in Tuvalu peaked at 32.42 million in 2021 and was at its lowest, 6.16 million, in 2005.
That places Tuvalu 130th out of 197 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
Secondary income balance (credit less debit), Net (credits less) in Tuvalu, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 6.16 million | — |
| 2006 | 12.93 million | +109.9% |
| 2007 | 11.15 million | -13.7% |
| 2008 | 14.19 million | +27.2% |
| 2009 | 14.21 million | +0.1% |
| 2010 | 13.31 million | -6.3% |
| 2011 | 14.18 million | +6.5% |
| 2012 | 21.53 million | +51.8% |
| 2013 | 7.96 million | -63.0% |
| 2014 | 15.08 million | +89.5% |
| 2015 | 17.31 million | +14.8% |
| 2016 | 20.91 million | +20.8% |
| 2017 | 17.62 million | -15.7% |
| 2018 | 25.05 million | +42.2% |
| 2019 | 18.68 million | -25.4% |
| 2020 | 19.26 million | +3.1% |
| 2021 | 32.42 million | +68.4% |
| 2022 | 12.91 million | -60.2% |
| 2023 | 29.37 million | +127.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.73 million | 6.16 million | 14.21 million | 5 |
| 2010s | 17.16 million | 7.96 million | 25.05 million | 10 |
| 2020s | 23.49 million | 12.91 million | 32.42 million | 4 |
Countries ranked near Tuvalu
- 127 Montserrat 34.16 million compare
- 128 Saint Lucia 34.07 million compare
- 129 Trinidad and Tobago 29.73 million compare
- 131 Palau 25.84 million compare
- 132 Malta 22.65 million compare
- 133 Dominica 11.11 million compare
More financial sector data for Tuvalu
- Reserve tranche position, SDR, per capita 64.05 units per person (2025)
- Reserve tranche position, SDR, per unit of GDP 0.0106 units per US$ of GDP (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve tranche position, US dollar, per capita 87.72 units per person (2025)
- Official exchange rate 1.55 LCU per US$, period average (2025)
- Net migration -255 (2025)
- Net migration, annual growth rate 8.93 % change on previous year (2025)
- Reserve tranche position, SDR, per square kilometre 20,267 units per square kilometre (2023)
- GDP deflator: linked series 143.55 base year varies by country (2025)
- Inflation, GDP deflator: linked series 1.8% (2025)
Frequently asked questions
- What is secondary income balance (credit less debit), net (credits less) in Tuvalu?
- Secondary income balance (credit less debit), net (credits less) in Tuvalu was 29.37 million in 2023, according to International Monetary Fund.
- What is the highest secondary income balance (credit less debit), net (credits less) recorded in Tuvalu?
- The highest recorded value was 32.42 million in 2021.
- What is the lowest secondary income balance (credit less debit), net (credits less) recorded in Tuvalu?
- The lowest recorded value was 6.16 million in 2005.
- How does Tuvalu rank for secondary income balance (credit less debit), net (credits less)?
- Tuvalu ranks 130th out of 197 countries with data for 2023.
- Is secondary income balance (credit less debit), net (credits less) rising or falling in Tuvalu?
- Over the last ten years it is up 269.0%. The long-run trend across the full record is rising.
- Where does this Tuvalu data come from?
- The figures come from International Monetary Fund, published as part of Secondary income 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.