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    Tuvalu

    Continent
    Oceania
    Capital
    Funafuti; note - the capital is an atoll of some 29 islets; administrative offices are in Vaiaku Village on Fongafale Islet
    Population
    11,733
    Sub-Zones
    9
    General Information
    Basic details about Tuvalu
    Population:
    11,733
    Area:
    26 sq km
    Currency:
    Tuvaluan dollars or Australian dollars
    Languages:
    Tuvaluan, English, Samoan, Kiribati
    Economic Overview
    Key economic indicators for Tuvalu
    GDP:
    $57.054 million
    GDP per Capita:
    $5,800
    GDP Growth:
    3.85%
    Inflation:
    4.1%
    Public Debt:
    37% of GDP
    Political System
    Governance structure of Tuvalu
    Government Type:
    parliamentary democracy under a constitutional monarchy; a Commonwealth realm
    Head of State:
    King CHARLES III (since 8 September 2022); represented by Governor General Tofiga Vaevalu FALANI (since 29 August 2021)
    Head of Government:
    Prime Minister Feleti Penitala TEO (since 27 February 2024)
    Judiciary:
    Court of Appeal (consists of the chief justice and not less than 3 appeals judges); High Court (consists of the chief justice); appeals beyond the Court of Appeal are heard by the Judicial Committee of the Privy Council (in London)
    Administrative Divisions:
    7 island councils and 1 town council*; Funafuti*, Nanumaga, Nanumea, Niutao, Nui, Nukufetau, Nukulaelae, Vaitupu

    Major Political Parties

    • Not specified
    International Relations
    Global position and alliances
    UN Member:
    Yes
    EU Member:
    No
    Diplomatic Presence:
    685 Third Avenue, Suite 1104, New York, NY 10017

    Major Alliances and Organizations

    Economic Sectors & Trade
    Detailed economic breakdown

    Major Economic Sectors

    Agriculture
    15.9% (2015 est.)
    Industry
    7% (2015 est.)
    Services
    70% (2012 est.)note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data

    Trade Volume

    Exports:
    $2.232 million
    Imports:
    $57.388 million

    Major Trading Partners

    Thailand 88
    Japan 6
    Philippines 3
    Ireland 1
    USA 1

    Economic Outlook

    Tuvalu has a 3.85% GDP growth rate with 4.1% inflation. The economy is characterized by a strong agriculture sector.