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Tuvalu Economy
GDP:
purchasing power parity - $12.2 million NA (2000 est.)
GDP - real growth rate:
3% (2000 est.)
GDP - per capita:
purchasing power parity - $1,100 (2000 est.)
GDP - composition by sector:
agriculture: NA
industry: NA
services: NA
Population below poverty line:
NA
Household income or consumption by percentage share:
lowest 10%: NA
highest 10%: NA
Inflation rate (consumer prices):
5% (2000 est.)
Labor force:
7,000 (2001 est.)
Labor force - by occupation:
people make a living mainly through exploitation of the sea, reefs, and atolls and from wages sent home by those abroad (mostly workers in the phosphate industry and sailors)
Unemployment rate:
NA
Budget:
revenues: $22.5 million
expenditures: $11.2 million, including capital expenditures of $4.2 million (2000 est.)
Industries:
fishing, tourism, copra
Industrial production growth rate:
NA
Electricity - production by source:
fossil fuel: NA
hydro: NA
nuclear: NA
other: NA
Agriculture - products:
coconuts; fish
Exports:
$1 million f.o.b. (2002)
Exports - commodities:
copra, fish
Exports - partners:
Poland 31.5%, Azerbaijan 13.7%, Italy 11%, France 11%, Germany 6.8%, Austria 6.8%, Rwanda 5.5%, Hungary 5.5%, Fiji 4.1% (2003 est.)
Imports:
$79 million c.i.f. (2002)
Imports - commodities:
food, animals, mineral fuels, machinery, manufactured goods
Imports - partners:
Fiji 26.7%, Australia 19.4%, Poland 14.7%, Germany 13.7%, Japan 11.4%, New Zealand 8.7% (2003 est.)
Debt - external:
NA
Economic aid - recipient:
$13 million ; note - major donors are Australia, Japan, and the US (1999 est.)
Currency:
Australian dollar (AUD); note - there is also a Tuvaluan dollar
Currency code:
AUD
Fiscal year:
calendar year
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