| variable | 2000-2007 | 2008-2009 | 2010-2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|
| real gdp growth | 1.73 | -4.04 | 3.9 | -0.55 | -2.37 | 7.92 | 3.32 | 2.8 |
| CPI % | 4.0 | -1.07 | 2.3 | 6.69 | 12.18 | 7.17 | 1.17 | 1.46 |
| Debt/GDP % | 31.72 | 20.78 | 14.59 | 11.26 | 5.75 | 4.56 | 3.87 | 3.26 |
| Current account balance/GDP % | -3.07 | -65.08 | -6.13 | 28.22 | -0.24 | 32.34 | 3.25 | 5.6 |
Data derived from World Economic Outlook Database. To see main macroeconomic indicator in graphs click here
Voyagers from either Samoa or Tonga first populated Tuvalu in the first millennium A.D., and the islands provided a stepping-stone for various Polynesian communities that subsequently settled in Melanesia and Micronesia. Tuvalu eventually came under Samoan and Tongan spheres of influence, although proximity to Micronesia allowed some Micronesian communities to flourish in Tuvalu, in particular on Nui Atoll. In the late 1700s and early 1800s, a series of American, British, Dutch, and Russian ships visited the islands, which were named the Ellice Islands in 1819. The UK declared a protectorate over islands in 1892 and merged them with the Micronesian Gilbert Islands. The Gilbert and Ellice Islands Protectorate became a colony in 1916. During World War II, the US set up military bases on a few islands, and in 1943, after Japan captured many of the northern Gilbert Islands, the UK transferred administration of the colony southward to Funafuti. After the war, Tarawa in the Gilbert Islands was once again made the colony’s capital, and the center of power was firmly in the Gilbert Islands, including the colony’s only secondary school. Amid growing tensions with the Gilbertese, Tuvaluans voted to secede from the colony in 1974, were granted self-rule in 1975, and gained independence in 1978 as Tuvalu. In 1979, the US relinquished its claims to the Tuvaluan islands in a treaty of friendship.
Area: 26 km2
Climate: tropical; moderated by easterly trade winds (March to November); westerly gales and heavy rain (November to March)
Natural resources: fish, coconut (copra)
Groups: Tuvaluan 97%, Tuvaluan/I-Kiribati 1.6%, Tuvaluan/other 0.8%, other 0.6% (2017 est.)
Languages: Tuvaluan (official), English (official), Samoan, Kiribati (on the island of Nui)
Religions: Protestant 92.7% (Congregational Christian Church of Tuvalu 85.9%, Brethren 2.8%, Seventh Day Adventist 2.5%, Assemblies of God 1.5%), Baha'i 1.5%, Jehovah's Witness 1.5%, other 3.9%, none or refused 0.4% (2017 est.)
Capital: Funafuti
Government type: parliamentary democracy under a constitutional monarchy; a Commonwealth realm
Chief of state: King CHARLES III (since 8 September 2022); represented by Governor General Tofiga Vaevalu FALANI (since 29 August 2021)
Head of government: Prime Minister Feleti Penitala TEO (since 27 February 2024)cabinet: Cabinet members selected by the prime ministerelection/appointment process: the monarchy is hereditary; governor general appointed by the monarch on recommendation of the prime minister and the parliament; prime minister and deputy prime minister elected by and from members of House of Assembly following parliamentary electionselection results: 2024: TEO was the only candidate nominated by the House of Assembly2019: Kausea NATANO elected prime minister by House of Assembly; House of Assembly vote - 10 to 6
Description: legislature name: Parliament (Palamene)legislative structure: unicameralchamber name: Parliament of Tuvalu (Palamene o Tuvalu)number of seats: 16 (all directly elected)electoral system: plurality/majorityscope of elections: full renewalterm in office: 4 yearsmost recent election date: 1/26/2024percentage of women in chamber: 0%expected date of next election: January 2028
Information derived by "The World Factbook 2021. Washington, DC: Central Intelligence Agency, 2021. https://www.cia.gov/the-world-factbook/"