Remittances, annual growth rate in Tuvalu
Tuvalu: Remittances, annual growth rate was 12.43 % change on previous year in 2023. ◆ Volatile
Remittances, annual growth rate in Tuvalu, 2002–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Tuvalu recorded 12.43 % change on previous year for remittances, annual growth rate in 2023.
The figure is up 368.8% on the previous year and up 417.0% over ten years.
Over the whole period, remittances, annual growth rate in Tuvalu peaked at 30.79 % change on previous year in 2002 and was at its lowest, -34.06 % change on previous year, in 2003.
Tuvalu ranks 28th of 189 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Remittances, annual growth rate in Tuvalu, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2002 | 30.79 % change on previous year | — |
| 2003 | -34.06 % change on previous year | -210.6% |
| 2004 | -18.04 % change on previous year | -47.0% |
| 2005 | 1.59 % change on previous year | -108.8% |
| 2006 | -30.09 % change on previous year | -1987.8% |
| 2007 | 30.09 % change on previous year | -200.0% |
| 2008 | -3.89 % change on previous year | -112.9% |
| 2009 | -8.15 % change on previous year | +109.8% |
| 2010 | -30.25 % change on previous year | +271.0% |
| 2011 | -4.43 % change on previous year | -85.4% |
| 2012 | -14.68 % change on previous year | +231.4% |
| 2013 | -3.92 % change on previous year | -73.3% |
| 2014 | -11.37 % change on previous year | +190.0% |
| 2015 | -14.62 % change on previous year | +28.5% |
| 2016 | -13.97 % change on previous year | -4.4% |
| 2017 | -1.8 % change on previous year | -87.1% |
| 2018 | -8.18 % change on previous year | +355.0% |
| 2019 | -19.18 % change on previous year | +134.4% |
| 2020 | -6.34 % change on previous year | -66.9% |
| 2021 | 13.8 % change on previous year | -317.5% |
| 2022 | -4.62 % change on previous year | -133.5% |
| 2023 | 12.43 % change on previous year | -368.8% |
Tuvalu compared with similar countries
- Tuvalu's 12.43 % change on previous year is above the median for upper middle income countries, which is -3.05 % change on previous year. (54 countries reporting)
- Tuvalu's 12.43 % change on previous year is above the median for East Asia & Pacific, which is -2.48 % change on previous year. (30 countries reporting)
Biggest year-on-year movements
Years where Remittances, annual growth rate in Tuvalu changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2006 | -1987.8% | 1.59 % change on previous year | -30.09 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -3.97 % change on previous year | -34.06 % change on previous year | 30.79 % change on previous year | 8 |
| 2010s | -12.24 % change on previous year | -30.25 % change on previous year | -1.8 % change on previous year | 10 |
| 2020s | 3.82 % change on previous year | -6.34 % change on previous year | 13.8 % change on previous year | 4 |
Countries ranked near Tuvalu
- 25 Panama 14.15 % change on previous year compare
- 26 Cyprus 13.8 % change on previous year compare
- 27 El Salvador 13.05 % change on previous year compare
- 29 Ecuador 12.27 % change on previous year compare
- 30 Macao 12.19 % change on previous year compare
- 31 Guinea 11.16 % change on previous year compare
More reference data data for Tuvalu
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0016 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.0016 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.0016 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0055 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.0039 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.0001 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.0095 (2050)
- Emission Totals - Emissions (N2O) - Agricultural Soils 0.0055 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Manure applied 1.45 (2050)
Frequently asked questions
- What is remittances, annual growth rate in Tuvalu?
- Remittances, annual growth rate in Tuvalu was 12.43 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest remittances, annual growth rate recorded in Tuvalu?
- The highest recorded value was 30.79 % change on previous year in 2002.
- What is the lowest remittances, annual growth rate recorded in Tuvalu?
- The lowest recorded value was -34.06 % change on previous year in 2003.
- How does Tuvalu rank for remittances, annual growth rate?
- Tuvalu ranks 28th out of 189 countries with data for 2023.
- Is remittances, annual growth rate rising or falling in Tuvalu?
- Over the last ten years it is up 417.0%. The long-run trend across the full record is volatile.
- Where does this Tuvalu data come from?
- The figures come from Statizoid (derived), published as part of Remittances, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Remittances. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Remittances Our World in Data
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Remittances. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.