Tuvalu

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Introduction - Tuvalu:
Location - Tuvalu:
People - Tuvalu:
Government - Tuvalu:
Economy - Tuvalu:
Economy overview	Tuvalu consists of a densely populated, scattered group of nine coral atolls with poor soil. The country has no known mineral resources and few exports. Subsistence farming and fishing are the primary economic activities. Fewer than 1,000 tourists, on average, visit Tuvalu annually. Government revenues largely come from the sale of stamps and coins and remittances from seamen on merchant ships abroad. About 1,000 Tuvaluans are being repatriated from Nauru, with the decline of phosphate resources there. Substantial income is received annually from an international trust fund established in 1987 by Australia, NZ, and the UK and supported also by Japan and South Korea. Thanks to wise investments and conservative withdrawals, this fund grew from an initial $17 million to over $35 million in 1999. The US Government is also a major revenue source for Tuvalu because of payments from a 1988 treaty on fisheries. In an effort to reduce its dependence on foreign aid, the government is pursuing public sector reforms, including privatization of some government functions and personnel cuts of up to 7%. Tuvalu derives around $1.5 million per year from the lease of its .tv Internet domain name. With merchandise exports only a fraction of merchandise imports, continued reliance must be placed on fishing and telecommunications license fees, remittances from overseas workers, official transfers, and income from overseas investments.

Gdp purchasing power parity	$14.94 million (2002 est.)

Gdp official exchange rate	$14.94 million (2002)

Gdp real growth rate	1.2% (2002 est.)

Gdp per capita ppp	$1,600 (2002 est.)

Gdp composition by sector	agriculture: 16.6% industry: 27.2% services: 56.2% (2002)

Labor force	3,615 (2004 est.)

Labor force by occupation	note: people make a living mainly through exploitation of the sea, reefs, and atolls and from wages sent home by those abroad (mostly workers in the phosphate industry and sailors)

Unemployment rate	NA%

Population below poverty line	NA%

Household income or consumption by percentage share	lowest 10%: NA% highest 10%: NA%

Inflation rate consumer prices	3.9% (2005 est.)

Budget	revenues: $22.78 million expenditures: $14.23 million; including capital expenditures of $4.2 million (2002 est.)

Agriculture products	coconuts; fish

Industries	fishing, tourism, copra

Industrial production growth rate	NA%

Current account balance	$2.323 million (1998)

Exports	$1 million f.o.b. (2004 est.)

Exports commodities	copra, fish

Exports partners	Germany 60.5%, Italy 20.1%, Fiji 6.9% (2006)

Imports	$9.186 million c.i.f. (2004 est.)

Imports commodities	food, animals, mineral fuels, machinery, manufactured goods

Imports partners	Fiji 46.1%, Japan 18.9%, China 18.2%, Australia 7.7%, NZ 4.1% (2006)

Debt external	$NA

Economic aid recipient	$13 million; note - major donors are Australia, Japan, and the US (1999 est.)

Currency code	Australian dollar (AUD); note - there is also a Tuvaluan dollar

Exchange rates	Tuvaluan dollars or Australian dollars per US dollar - 1.3285 (2006), 1.3095 (2005), 1.3598 (2004), 1.5419 (2003), 1.8406 (2002)

Communications - Tuvalu:
Transportation - Tuvalu:
Military - Tuvalu:

This page was last updated on 16 September, 2007
Source: CIA >>>

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home : Countries: Australia and Oceania : Poorest : Monarchy : Small to 100 000 km2 : Population to 10 000 000 people

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An Intelligence Quotient or IQ is a score derived from one of several different standardized tests attempting to measure intelligence. Although the term "IQ" is still in common use, the scoring of modern IQ tests such as the Wechsler Adult Intelligence Scale is now based on a projection of the subject's measured rank on the Gaussian bell curve with a center value (average IQ) of 100, and a standard deviation of 15, although different tests may have different standard deviations. The average IQ scores for many populations have been rising at an average rate of three points per decade since the early 20th century with most of the increase in the lower half of the IQ range: a phenomenon called the Flynn effect. It is disputed whether these changes in scores reflect real changes in intellectual abilities, or merely methodological problems with past or present testing. (Wikipedie)

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Tuvalu

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Tuvalu

Tuvalu: Travel tips, articles, photos, gallery, cities database, population, pics, flags, statistics, free maps online

Back to Countries, Click to read the whole article: Tuvalu

Economy overview

Gdp purchasing power parity

$14.94 million (2002 est.)

Gdp official exchange rate

$14.94 million (2002)

Gdp real growth rate

1.2% (2002 est.)

Gdp per capita ppp

$1,600 (2002 est.)

Gdp composition by sector

agriculture: 16.6% industry: 27.2% services: 56.2% (2002)

Labor force

3,615 (2004 est.)

Labor force by occupation

note: people make a living mainly through exploitation of the sea, reefs, and atolls and from wages sent home by those abroad (mostly workers in the phosphate industry and sailors)

Unemployment rate

NA%

Population below poverty line

NA%

Household income or consumption by percentage share

lowest 10%: NA% highest 10%: NA%

Inflation rate consumer prices

3.9% (2005 est.)

Budget

revenues: $22.78 million expenditures: $14.23 million; including capital expenditures of $4.2 million (2002 est.)

Agriculture products

coconuts; fish

Industries

fishing, tourism, copra

Industrial production growth rate

NA%

Current account balance

$2.323 million (1998)

Exports

$1 million f.o.b. (2004 est.)

Exports commodities

copra, fish

Exports partners

Germany 60.5%, Italy 20.1%, Fiji 6.9% (2006)

Imports

$9.186 million c.i.f. (2004 est.)

Imports commodities

food, animals, mineral fuels, machinery, manufactured goods

Imports partners

Fiji 46.1%, Japan 18.9%, China 18.2%, Australia 7.7%, NZ 4.1% (2006)

Debt external

$NA

Economic aid recipient

$13 million; note - major donors are Australia, Japan, and the US (1999 est.)

Currency code

Australian dollar (AUD); note - there is also a Tuvaluan dollar

Exchange rates

Tuvaluan dollars or Australian dollars per US dollar - 1.3285 (2006), 1.3095 (2005), 1.3598 (2004), 1.5419 (2003), 1.8406 (2002)

Free IQ test online

IQ test lasts approximately 30 minutes and contains 40 questions !

In the IQ test you must focus on the maximum. Test questions are simple. In the IQ test may not use the calculator and paper.

Free IQ test online :

Tuvalu

Tuvalu

Tuvalu

Tuvalu

Tuvalu

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agriculture: 16.6%
industry: 27.2%
services: 56.2% (2002)

lowest 10%: NA%
highest 10%: NA%

revenues: $22.78 million
expenditures: $14.23 million; including capital expenditures of $4.2 million (2002 est.)