Austrian Economics Wiki
Country summary





Government type

parliamentary democracy and a Commonwealth realm


12,373 (July 2010 est.)[1]

Population growth

1.616% (2010 est.)[1]

Life expectancy

69.29 years[1]



In 1974, ethnic differences within the British colony of the Gilbert and Ellice Islands caused the Polynesians of the Ellice Islands to vote for separation from the Micronesians of the Gilbert Islands. The following year, the Ellice Islands became the separate British colony of Tuvalu. Independence was granted in 1978. In 2000, Tuvalu negotiated a contract leasing its Internet domain name ".tv" for $50 million in royalties over a 12-year period.[1]

Economical characteristics[]

  • Currency: Tuvaluan dollar (ISO code: AUD)
  • This country does not seem to have a central bank.


Statistic / Year 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
GDP (USD)[2]
Govt. debt (% of GDP)[3]
Govt. revenue (% of GDP)[4]
Govt. expenses (% of GDP)[5]
Debt to revenue (years)


Note: statistical data was rounded. Different sources may use different methodologies for their estimates. Debt to revenue is calculated by dividing the two variables from their original ('unrounded') values. It represents how long it would a government take to repay its entire debt if it used its whole revenue for this purpose.

  1. 1.0 1.1 1.2 1.3 1.4 CIA - The World Facebook. "Tuvalu", from The World Facebook. Referenced 2010-10-05.
  2. World Bank. "Tuvalu: GDP", from World Bank Data. Referenced 2010-10-05.
  3. World Bank. "Tuvalu: government debt", from World Bank Data. Referenced 2010-10-05.
  4. World Bank. "Tuvalu: government revenue", from World Bank Data. Referenced 2010-10-05.
  5. World Bank. "Tuvalu: government expenses", from World Bank Data. Referenced 2010-10-05.

External links[]