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. On the other hand 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 2020 was between 3.6 million and 8.9 million USD. The hightest level within the past 15 years was reached in 2007. However, the liabilities in 2020 have been only 4 million USD
Based on the number of inhabitants, this is in Tuvalu a debt of 302 USD per person. For comparison: The average debt per person in the same year in the European Union was 30,798 USD.
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Gross debt for the last 15 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 | 6.11 M USD | 557 USD | 30,648 USD |
2015 | 5.10 M USD | 460 USD | 25,920 USD |
2016 | 4.20 M USD | 374 USD | 26,262 USD |
2017 | 4.89 M USD | 431 USD | 27,025 USD |
2018 | 5.04 M USD | 438 USD | 28,454 USD |
2019 | 5.45 M USD | 467 USD | 27,178 USD |
2020 | 3.56 M USD | 302 USD | 30,798 USD |