Tuvalu flag

Tuvalu GDP Growth Rate (2026)

Latest Update: November 2026
Source: IMF
Tuvalu has one of the world’s smallest economies, supported by public services, external assistance, fisheries, and overseas income. This page explores its GDP growth trend, historical performance, regional position, and outlook.
GDP Growth Rate 2026
+2.5%
Annual real GDP growth
World Rank
#115
Out of 195 countries
Change vs 2025
+0.3 pp
2025: +2.2%
Oceania Rank
#8
Out of 14 countries

1. Tuvalu GDP Growth Rate in 2026

Economic growth is influenced by public spending, fishing-license revenues, infrastructure projects, external grants, and household demand.

2. Tuvalu GDP Growth Rate Trends (2001–2026)

Tuvalu’s growth history has been shaped by development assistance, public-sector activity, fisheries income, and its extremely small domestic market.

3. Tuvalu GDP Growth Rate (Historical Data)

Year GDP Growth Rate Change (pp)
2026 +2.5% +0.3 pp
2025 +2.2% -0.9 pp
2024 +3.1% -0.9 pp
2023 +4.0% +15.8 pp
2022 -11.8% -11.9 pp
2021 +0.1% +3.4 pp
2020 -3.3% -16.7 pp
2019 +13.4% +11.7 pp
2018 +1.7% -1.6 pp
2017 +3.3% -1.5 pp

4. Tuvalu GDP Growth Performance

Current Growth Rate
+2.5%
(2026 to 2026)
5-Year Average
+0.0%
(2022 to 2026)
10-Year Average
+1.5%
(2017 to 2026)
20-Year Average
+2.2%
(2007 to 2026)
The economy benefits from external financial support and fishing revenues, but geographic isolation and limited private-sector opportunities constrain expansion.

5. Tuvalu GDP Growth Rate vs Oceania and World

Tuvalu
+2.5%
Oceania Average
+2.7%
World Average
+2.8%
0.0% 1.4% 2.8%
Annual real GDP growth (%)
Tuvalu’s GDP growth rate is approximately 0.1 pp below the Oceania average and 0.3 pp below the world average.

6. Tuvalu GDP Growth Rate Ranking in Oceania

Rank Country GDP Growth Rate
#4 Palau +3.3%
#5 Samoa +3.2%
#6 Kiribati +3.1%
#7 Solomon Islands +2.8%
#8 Tuvalu +2.5%
#9 Fiji +2.4%
#10 Tonga +2.3%
#11 Nauru +2.1%
#12 New Zealand +2.1%

7. Top 10 Fastest-Growing Countries in the World (2026)

Rank Country GDP Growth Rate
#1 Guyana flag Guyana +16.2%
#2 Ethiopia flag Ethiopia +9.2%
#3 Guinea flag Guinea +8.7%
#4 Uganda flag Uganda +7.5%
#5 Bhutan flag Bhutan +7.5%
#6 Rwanda flag Rwanda +7.2%
#7 Vietnam flag Vietnam +7.1%
#8 Benin flag Benin +7.0%
#9 Niger flag Niger +6.7%
#10 Libya flag Libya +6.7%

8. GDP Growth Rate and Economy Size in Tuvalu

Tuvalu GDP (Nominal)
$65.0 Million
(2026)
Tuvalu GDP Growth Rate
+2.5%
(2026)
Tuvalu generally experiences modest and project-driven growth because government spending and external income dominate economic activity.
Explore more: Tuvalu GDP

9. Tuvalu GDP Growth Rate Forecast

The outlook depends on external assistance, infrastructure, fisheries, and climate adaptation. Rising sea levels and extreme weather remain the most serious long-term risks.
Year GDP Growth Rate Change
2027 +2.4% -0.1 pp
2028 +2.3% -0.1 pp
2029 +2.0% -0.3 pp
2030 +1.8% -0.2 pp

10. Tuvalu GDP Growth Rate: Key Findings

Tuvalu GDP growth rate is estimated at +2.5% in 2026.
It ranks #115 globally and #8 in Oceania by annual GDP growth rate.
The growth rate accelerated by 0.3 percentage points compared with 2025.
The 5-year average GDP growth rate is +0.0%.
The 10-year average GDP growth rate is +1.5%.
The current rate is 0.1 percentage points below the Oceania average.
The current rate is 0.3 percentage points below the world average.
The forecast GDP growth rate is +1.8% in 2030, 0.7 percentage points below the 2026 rate.

11. What Is GDP Growth Rate?

GDP growth rate measures the percentage change in a country’s real gross domestic product from one period to the next, usually year over year.
GDP Growth Rate = (Real GDPₜ − Real GDPₜ₋₁) ÷ Real GDPₜ₋₁ × 100
A positive rate indicates economic expansion, while a negative rate indicates contraction. Real GDP growth is preferred for growth comparisons because it adjusts for price changes.

12. Methodology and Data Sources

Additional Source: World Bank
Measure: Annual percentage change in real GDP
Unit: Percent (%)
Comparisons: Year-to-year rate differences are shown in percentage points (pp)
Update Frequency: Annually and when new forecasts are released
Last Updated: November 2026

13. Tuvalu GDP Growth Rate FAQs

Tuvalu GDP growth rate is estimated at +2.5% in 2026.
Tuvalu ranks #115 globally and #8 in Oceania by annual GDP growth rate.
The economy is expanding, with real GDP growth of approximately +2.5% in 2026.
Tuvalu GDP growth rate was +9.4% in 2015.
Tuvalu GDP growth rate is 0.1 percentage points below the Oceania average.
Disclaimer: All data are estimates based on IMF, World Bank, United Nations and related economic datasets. Figures may differ from official national statistics.