Tuvalu

Tuvalu is the smallest economy in this edition, ranking 196th of 196 with GDP of US$57 million in 2025, and it held last place in 2000 too, at 194th of 194. Its 9,492 people produced GDP per capita of US$6,041, 115th of 196, though it falls 36 places to 151st on a purchasing-power basis, as local prices are high.

Real growth was 1.6% and US$ GDP rose 1.0%, with output still below its 2021 peak of US$62 million. As of 2015, agriculture made up 15.9% of output and industry 7.0%; manufacturing stood at 1.0% as of 2011. Inflation was 2.9% and government gross debt 2.8% of GDP. Output has grown 3.9 times in US$ terms since 2000, when it was US$15 million. The economy is smaller than any U.S. metro area, at 2% of Eagle Pass, TX. The IMF projects GDP of US$99 million by 2030, a 73% increase that would leave it 188th, last among economies with forecasts.