Services balance (credit less debit), Net (credits less debits) (US) in Tuvalu
Tuvalu: Services balance (credit less debit), Net (credits less debits) (US) was -22.22 million in 2023. ▼ Falling
Services balance (credit less debit), Net (credits less debits) in Tuvalu, 2005–2023
Source: International Monetary Fund.
Analysis
The most recent figure for services balance (credit less debit), net (credits less debits) in Tuvalu is -22.22 million, measured in 2023.
That represents a change of up 24.6% on the previous year and down 1.8% over ten years.
Over the whole period, services balance (credit less debit), net (credits less debits) in Tuvalu peaked at -7.22 million in 2005 and was at its lowest, -39.66 million, in 2011.
That places Tuvalu 101st out of 197 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 19 years of available data.
Services balance (credit less debit), Net (credits less debits) (US) in Tuvalu, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -7.22 million | — |
| 2006 | -9.19 million | +27.3% |
| 2007 | -19.00 million | +106.6% |
| 2008 | -26.36 million | +38.8% |
| 2009 | -24.09 million | -8.6% |
| 2010 | -29.79 million | +23.7% |
| 2011 | -39.66 million | +33.1% |
| 2012 | -23.07 million | -41.8% |
| 2013 | -21.84 million | -5.3% |
| 2014 | -25.30 million | +15.9% |
| 2015 | -28.82 million | +13.9% |
| 2016 | -29.07 million | +0.9% |
| 2017 | -30.36 million | +4.4% |
| 2018 | -31.92 million | +5.1% |
| 2019 | -32.97 million | +3.3% |
| 2020 | -26.84 million | -18.6% |
| 2021 | -26.58 million | -1.0% |
| 2022 | -29.46 million | +10.9% |
| 2023 | -22.22 million | -24.6% |
Tuvalu compared with similar countries
- Tuvalu's -22.22 million is below the median for upper middle income countries, which is 5.85 million. (54 countries reporting)
- Tuvalu's -22.22 million is above the median for East Asia & Pacific, which is -101.20 million, 22% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -17.17 million | -26.36 million | -7.22 million | 5 |
| 2010s | -29.28 million | -39.66 million | -21.84 million | 10 |
| 2020s | -26.28 million | -29.46 million | -22.22 million | 4 |
Countries ranked near Tuvalu
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 services balance (credit less debit), net (credits less debits) in Tuvalu?
- Services balance (credit less debit), net (credits less debits) in Tuvalu was -22.22 million in 2023, according to International Monetary Fund.
- What is the highest services balance (credit less debit), net (credits less debits) recorded in Tuvalu?
- The highest recorded value was -7.22 million in 2005.
- What is the lowest services balance (credit less debit), net (credits less debits) recorded in Tuvalu?
- The lowest recorded value was -39.66 million in 2011.
- How does Tuvalu rank for services balance (credit less debit), net (credits less debits)?
- Tuvalu ranks 101st out of 197 countries with data for 2023.
- Is services balance (credit less debit), net (credits less debits) rising or falling in Tuvalu?
- Over the last ten years it is down 1.8%. The long-run trend across the full record is falling.
- Where does this Tuvalu data come from?
- The figures come from International Monetary Fund, published as part of Services 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.