Tuvalu: Fiscal balance, percent of GDP

The latest value from 2021 is -10.58 percent, a decline from -4.54 percent in 2020. In comparison, the world average is -3.96 percent, based on data from 175 countries. Historically, the average for Tuvalu from 2004 to 2021 is -0.71 percent. The minimum value, -39.04 percent, was reached in 2006 while the maximum of 40.01 percent was recorded in 2015. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.

Definition: The fiscal (budget) balance is the difference between government revenue and government expenditure. We express the value as percent of GDP to relate it to the size of the economy.