Macro‑Economic Monitor

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Tuvalu economy

Tuvalu’s economy grew 3.9% in 2023, faster than the world as a whole (2.9%). Consumer prices rose 0.5% in 2011.

IndicatorLatestYear
Real GDP growth3.9%2023
Inflation (consumer prices)0.5%2011
GDP (US dollars)$62 m2023
GDP per person (US dollars)$6,3452023
GDP per person (PPP, international dollars)$6,1512023
Current account balance, % of GDP4.6%2022
Extreme poverty, % of people below $3.00 a day9.0%2010
Population9k2025
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Source: World Bank, World Development Indicators (CC BY 4.0). Data release 2026-10-22. Figures are revised by their publishers.