
Tuvalu: Trade balance, in dollars
* indicates monthly or quarterly data series
Tuvalu |
Trade balance, billion USD |
---|---|
Latest value | -0.06 |
Year | 2022 |
Measure | billion U.S. dollars |
Data availability | 2001 - 2022 |
Average | -0.04 |
Min - Max | -0.06 - -0.02 |
Source | The World Bank |
The latest value from 2022 is -0.06 billion U.S. dollars, unchanged from -0.06 billion U.S. dollars in 2021. In comparison, the world average is 3.78 billion U.S. dollars, based on data from 168 countries. Historically, the average for Tuvalu from 2001 to 2022 is -0.04 billion U.S. dollars. The minimum value, -0.06 billion U.S. dollars, was reached in 2015 while the maximum of -0.02 billion U.S. dollars was recorded in 2001.
See the global rankings or
world map for that indicator or
use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series
Recent data
Historical series
Definition: Net trade in goods and services is derived by offsetting imports of goods and services against exports of goods and services. Exports and imports of goods and services comprise all transactions involving a change of ownership of goods and services between residents of one country and the rest of the world. Data are in current U.S. dollars.
Selected articles from our guide:
Are trade deficits bad for the economy?
Sources of economic growth
Currency values and investment returns
How to write an economics research paper
All articles
Related indicators | Latest | Reference | Measure |
---|---|---|---|
Foreign Direct Investment, percent of GDP | 0.27 | 2023 | percent |
Foreign Direct Investment, billion dollars | 0.00 | 2022 | billion U.S. dollars |
Portfolio investment inflows, equities | 0.00 | 2022 | million dollars (current) |
Current account, percent of GDP | -8.04 | 2022 | percent |
Current account, in dollars | 0.00 | 2022 | billion U.S. dollars |
Trade balance, in dollars | -0.06 | 2022 | billion U.S. dollars |
Remittances, percent of GDP | 4.82 | 2023 | percent |
Remittances | 3.00 | 2023 | million U.S. dollars |
Net errors and omissions | -3.38 | 2022 | million USD |