Tuvalu—Fiscal Balance (% of GDP)
Category: Fiscal & MonetarySource: IMF World Economic Outlook ↗Global Rank: #52 of 192Updated August 2026
Latest Value
-8.8%
2031
YoY Change
-11.4%
2030 → 2031
Global Rank
#52
of 192 countries
Maximum
31.6%
2025
Minimum
-36.8%
2006
Last
-8.8%
Previous
-7.9%
Highest
31.6%
Lowest
-36.8%
Unit
Percent of GDP
Source
IMF World Economic Outlook
Tuvalu's fiscal balance (% of GDP) was -1.3% in 2026, ranking #52 out of 192 countries. This represents a -11.4% change from 2030. Over the past 23 years, the highest recorded value was 31.6% (2025) and the lowest was -36.8% (2006). The IMF WEO projects -8.8% by 2031. Data sourced from the IMF World Economic Outlook.
Actual
IMF Forecast
Source: IMF World Economic Outlook
Historical Data
| Year | Value | Change |
|---|---|---|
| 2031 | -8.8% | -11.4% |
| 2030 | -7.9% | -14.5% |
| 2029 | -6.9% | -19.0% |
| 2028 | -5.8% | -28.9% |
| 2027 | -4.5% | -246.2% |
| 2026 | -1.3% | -104.1% |
| 2025 | 31.6% | +1029.4% |
| 2024 | -3.4% | -133.7% |
| 2023 | 10.1% | +169.2% |
| 2022 | -14.6% | -9.8% |
| 2021 | -13.3% | -197.1% |
| 2020 | 13.7% | +1345.5% |
| 2019 | -1.1% | -103.6% |
| 2018 | 30.3% | +1342.9% |
| 2017 | 2.1% | -92.4% |
| 2016 | 27.5% | +87.1% |
| 2015 | 14.7% | +345.5% |
| 2014 | 3.3% | -87.3% |
| 2013 | 26.0% | +170.8% |
| 2012 | 9.6% | +209.1% |
| 2011 | -8.8% | +62.4% |
| 2010 | -23.4% | -73.3% |
| 2009 | -13.5% | +21.5% |
| 2008 | -17.2% | +7.5% |
| 2007 | -18.6% | +49.5% |
| 2006 | -36.8% | -187.5% |
| 2005 | -12.8% | -255.6% |
| 2004 | -3.6% |
IMF Forecast
Projections from the IMF World Economic Outlook. These are staff estimates, not guarantees.
| Year | Projected Value | Change from Previous |
|---|---|---|
| 2026Forecast | -1.3% | -104.1% |
| 2027Forecast | -4.5% | -246.2% |
| 2028Forecast | -5.8% | -28.9% |
| 2029Forecast | -6.9% | -19.0% |
| 2030Forecast | -7.9% | -14.5% |
| 2031Forecast | -8.8% | -11.4% |
Top Countries — Fiscal Balance (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Kuwait | 27.6% | 2026 |
| 2 | Naoero | 13.1% | 2026 |
| 3 | Norway | 10.2% | 2026 |
| 4 | Oman | 5.2% | 2026 |
| 5 | United Arab Emirates | 4.9% | 2026 |
| 6 | Macao SAR, China | 4.2% | 2026 |
| 7 | Lesotho | 4.2% | 2026 |
| 8 | Singapore | 3.3% | 2026 |
| 9 | Lebanon | 3.3% | 2025 |
| 10 | Liechtenstein | 3.0% | 2026 |
About This Indicator
Definition
General government net lending/borrowing as a percentage of GDP. A positive value indicates a fiscal surplus; negative indicates a deficit.
Methodology
Revenue minus expenditure minus net acquisition of nonfinancial assets, as a percentage of GDP. A comprehensive measure of the fiscal balance.
Unit
Percent of GDP