
Gross debt in Tuvalu
The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. Not included in the gross debt are the demands of a country to foreign ones.The gross debt in Tuvalu in the period from 2005 to 2021 was between 3.8 million and 8.9 million USD. The hightest level within the past 16 years was reached in 2007. However, the liabilities in 2021 have been only four million USD
Based on the number of inhabitants, this is a debt of 339 USD per person. For comparison, the average debt per person in the same year in the European Union was 33,695 USD.
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Gross debt for the last 16 years in millions of USD
Year | Tuvalu total | Tuvalu per capita | EU per capita |
---|---|---|---|
2005 | 8.17 M USD | 817 USD | 18,327 USD |
2006 | 8.59 M USD | 849 USD | 18,877 USD |
2007 | 8.92 M USD | 872 USD | 20,898 USD |
2008 | 6.15 M USD | 596 USD | 24,086 USD |
2009 | 5.73 M USD | 550 USD | 25,361 USD |
2010 | 6.70 M USD | 637 USD | 26,496 USD |
2011 | 7.39 M USD | 696 USD | 29,231 USD |
2012 | 7.26 M USD | 676 USD | 28,174 USD |
2013 | 6.67 M USD | 615 USD | 29,981 USD |
2014 | 6.35 M USD | 579 USD | 30,648 USD |
2015 | 5.29 M USD | 486 USD | 25,918 USD |
2016 | 4.78 M USD | 441 USD | 26,261 USD |
2017 | 5.45 M USD | 503 USD | 27,024 USD |
2018 | 5.66 M USD | 521 USD | 28,448 USD |
2019 | 6.25 M USD | 570 USD | 27,168 USD |
2020 | 4.01 M USD | 363 USD | 30,783 USD |
2021 | 3.80 M USD | 339 USD | 33,695 USD |