Economy of Tuvalu (Economy in Countries)

This book about the economy of Tuvalu from the 1970s to the 2010s. Source data from UN Data.Size. In the 2010s, the GDP of Tuvalu was equal to 37.4 million US$ per year; the value of agriculture was 8.5 million US$. Since the share in the world is less than .01%, the country is classified as a micro economy.Productivity. In the 2010s, the GDP per capita was 3 443.5 US$; the agriculture per capita was 780.3 US$. Since the productivity is less the average below average, the economy is classified as least developed.Growth. In the 2010s, the growth of gross domestic product was 3.3%; the growth of agriculture was 0.73%.Structure. In the 2010s, the economy of Tuvalu consisted of: service (48.8%), agriculture (15.6%), construction (13.3%), trade (9.5%), transportation (8.3%), and industry (4.4%).Export and import. In the 2010s, the import was 69.1% higher than the export, the net import was equal to 27.7% of the GDP. The technological structure of export is not better than the structure of import.Consumption and reproduction. The attitude of reproduction to the consumption is better than the global average, so the share of GDP in the world will increase.

• | Author: Ivan Kushnir
• | Publisher: Independently published
• | Publication Date: Jan 29, 2019
• | Number of Pages: 67 pages
• | Language: English
• | Binding: Paperback
• | ISBN-10: 179538672X
• | ISBN-13: 9781795386722