Tuvalu - Income

The US Central Intelligence Agency (CIA) reports that in 2000 Tuvalu's gross domestic product (GDP) was estimated at $12.2 million. The per capita GDP was estimated at $1,100. The annual growth rate of GDP was estimated at 3%. Inflation averaged3.73% from 1997–2001, but for 2001 was 5%. The CIA defines GDP as the value of all final goods and services produced within a nation in a given year and computed on the basis of purchasing power parity (PPP) rather than value as measured on the basis of the rate of exchange.

Also read article about Tuvalu from Wikipedia

User Contributions:

Comment about this article, ask questions, or add new information about this topic: