Budget balance in Tuvalu in 2031 — -8.8%. Ranked 178 in the world out of 188. Since 2004, the indicator has fallen by 5.2 pp.
2004–2031 · % of GDP
How the value compares with the world and the groups this territory belongs to: Tuvalu
| Year | % | Change, pp |
|---|---|---|
| 2031 | -8.8 | −0.9 pp |
| 2030 | -7.9 | −1 pp |
| 2029 | -6.9 | −1.1 pp |
| 2028 | -5.8 | −1.3 pp |
| 2027 | -4.5 | −3.2 pp |
| 2026 | -1.3 | −32.9 pp |
| 2025 | 31.6 | +35 pp |
| 2024 | -3.4 | −13.5 pp |
| 2023 | 10.1 | +24.7 pp |
| 2022 | -14.6 | −1.3 pp |
| 2021 | -13.3 | −27 pp |
| 2020 | 13.7 | +14.8 pp |
| 2019 | -1.1 | −31.4 pp |
| 2018 | 30.3 | +28.2 pp |
| 2017 | 2.1 | −25.4 pp |
| 2016 | 27.5 | +12.8 pp |
| 2015 | 14.7 | +11.4 pp |
| 2014 | 3.3 | −22.7 pp |
| 2013 | 26 | +16.4 pp |
| 2012 | 9.6 | +18.4 pp |
| 2011 | -8.8 | +14.6 pp |
| 2010 | -23.4 | −9.9 pp |
| 2009 | -13.5 | +3.7 pp |
| 2008 | -17.2 | +1.4 pp |
| 2007 | -18.6 | +18.2 pp |
| 2006 | -36.8 | −24 pp |
| 2005 | -12.8 | −9.2 pp |
| 2004 | -3.6 | — |
The same indicator for neighboring countries — with links to their pages
Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.
Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.
Source: World Economic Outlook (IMF), license IMF open data.
