Dimension 5.2: Standards and Methods in Tuvalu

Tuvalu: Dimension 5.2: Standards and Methods was 0.15 in 2023. ◆ Volatile

Latest (2023)
0.15
Change on year
unchanged
World rank
186th
of 188 countries
All-time high
0.15
in 2022
All-time low
0.05
in 2016
Years of data
8
2016–2023

Dimension 5.2: Standards and Methods in Tuvalu, 2016–2023

0.040.060.080.10.120.140.162016201920232016: 0.052017: 0.052018: 0.052019: 0.052020: 0.052021: 0.12022: 0.152023: 0.15

Source: Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators).

Analysis

Tuvalu recorded 0.15 for dimension 5.2: standards and methods in 2023. That is the highest value across all 8 years on record.

The figure is up 200.0% over ten years.

That places Tuvalu 186th out of 188 countries with data for 2023, putting it in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest Years
2010s 0.05 0.05 0.05 4
2020s 0.1125 0.05 0.15 4

Countries ranked near Tuvalu

  1. 184 Marshall Islands 0.2 compare
  2. 184 Nauru 0.2 compare
  3. 186 Turkmenistan 0.15 compare
  4. 188 Eritrea 0.1 compare

See the full ranking of 190 places →

More reference data data for Tuvalu

All data for Tuvalu →

Frequently asked questions

What is dimension 5.2: standards and methods in Tuvalu?
Dimension 5.2: standards and methods in Tuvalu was 0.15 in 2023, according to Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators).
What is the highest dimension 5.2: standards and methods recorded in Tuvalu?
The highest recorded value was 0.15 in 2022.
What is the lowest dimension 5.2: standards and methods recorded in Tuvalu?
The lowest recorded value was 0.05 in 2016.
How does Tuvalu rank for dimension 5.2: standards and methods?
Tuvalu ranks 186th out of 188 countries with data for 2023.
Is dimension 5.2: standards and methods rising or falling in Tuvalu?
Over the last ten years it is up 200.0%. The long-run trend across the full record is volatile.
Where does this Tuvalu data come from?
The figures come from Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators), published as part of Dimension 5.2: Standards and Methods. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 8 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Dimension 5.2: Standards and Methods
Source
Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 1,515 data points, 2016–2023
Last refreshed

Average score for Standards and Methods indicators. Internationally accepted and recommended methodology, classifications and standards provide the basis for national statistical offices (NSOs) on data integration, facilitating data exchange and providing the foundation for the preparation of relevant statistical indicators. The following methods and standards are considered: System of national accounts in use, National Accounts base year, Classification of national industry, CPI base year, Classification of household consumption, Classification of status of employment, Central government accounting status, Compilation of government finance statistics, Compilation of monetary and financial statistics, Business process. . Further work could improve the validity of this indicator and reduce the risk that countries may be incentivized to adopt only traditional standards and methods and neglect innovative solutions that may be more valid in the current context.