Tuvalu's secondary income receipts (BoP, current US$) was US$32.38 million in 2023, the latest year in the World Bank's World Development Indicators. That is up 227.5% from US$9.89 million in 2013 (12.6% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$32.38 million | 2023 |
| Five years earlier | US$27.17 million | 2018 |
| Ten years earlier | US$9.89 million | 2013 |
| Highest | US$35.63 million | 2021 |
| Lowest | US$5.38 million | 2001 |
| Average since 2014 | US$23.25 million | 2014–2023 |
| First recorded | US$5.38 million |
What the numbers say
In 2023, Tuvalu's secondary income receipts (BoP, current US$) rose 109.6% on 2022 (from US$15.44 million to US$32.38 million).
Across the 21 yearly changes before that (2002 to 2022), the average change was +11.9% and a typical year strayed about 37.7% from that (the standard deviation). This year's change was 2.6 standard deviations above that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was 109.6% in 2023 and the biggest yearly fall was 58.3% in 2013. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2014 to 2023 there is no clear straight-line trend: a straight line explains 26% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2023, Tuvalu had the 13th highest value of the 12 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Tuvalu | US$32.38 million | 2023 |
| World | US$1.66 trillion | 2024 |
| East Asia & Pacific | US$243.43 billion | 2024 |
| Upper middle income | US$403.75 billion | 2025 |
Closest to Tuvalu in the 2023 ranking
- Sint Maarten (Dutch part) — 9th of 12: US$130.09 million
- Libya — 10th of 12: US$75.2 million
- Palau — 11th of 12: US$45.41 million
What this measures
Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 23 values
| Year | Secondary income receipts (BoP, current US$) |
|---|---|
| 2023 | 32,377,961 |
| 2022 | 15,444,536 |
| 2021 | 35,633,032 |
| 2020 | 22,438,987 |
| 2019 | 21,702,027 |
| 2018 | 27,172,687 |
| 2017 | 19,193,133 |
| 2016 | 22,488,348 |
| 2015 | 19,077,564 |
| 2014 | 17,012,858 |
| 2013 |
Secondary income receipts (BoP, current US$) in nearby economies
- Australia — US$9.55 billion (2025)
- Brunei Darussalam — US$58.77 million (2025)
- Cambodia — US$2.63 billion (2025)
- China — US$46.12 billion (2025)
- Fiji — US$620.04 million (2024)
- French Polynesia — US$756.43 million (2016)
- Hong Kong SAR, China — US$2.95 billion (2025)
- Indonesia — US$18.13 billion (2025)
- Japan — US$40.02 billion (2025)
- Kiribati
More economic policy & debt data for Tuvalu
- GDP (current US$) — US$57.35 million (2025)
- GDP (current LCU) — 89 million (2025)
- GDP (constant 2015 US$) — US$42.97 million (2025)
- GDP (constant LCU) — 62 million (2025)
- GDP per capita (current US$) — US$6,041 (2025)
- GDP per capita (current LCU) — 9,376 (2025)
- GDP per capita (constant 2015 US$) — US$4,527 (2025)
- GDP per capita (constant LCU) — 6,532 (2025)
- GNI (current US$) — US$93.35 million (2025)
- GNI (current LCU) — 144.89 million (2025)
- GNI per capita (current LCU) — 15,264 (2025)
Reading data like this
Questions people ask
- What is Tuvalu's secondary income receipts (BoP, current US$)?
- US$32.38 million in 2023, according to the World Bank (World Development Indicators).
- How has it changed since 2001?
- It is up 501.36% from US$5.38 million in 2001 (8.5% a year on average, compounded). The highest value was US$35.63 million in 2021 and the lowest US$5.38 million in 2001.
- How does Tuvalu rank?
- 13th highest of 12 economies with data for 2023.
- Is the latest change in secondary income receipts (BoP, current US$) unusual for Tuvalu?
- In 2023, Tuvalu's secondary income receipts (BoP, current US$) rose 109.6% on 2022 (from US$15.44 million to US$32.38 million). Across the 21 yearly changes before that (2002 to 2022), the average change was +11.9% and a typical year strayed about 37.7% from that (the standard deviation). This year's change was 2.6 standard deviations above that average, so it was unusually large compared with the rest of the record.
Source
World Bank, World Development Indicators, indicator BX.TRF.CURR.CD, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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