GENERAL
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Official Name
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Tuvalu
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Capital
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Funafuti; Became independent country on 1 October 1978
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Area
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30 sq. kms. (4th smallest country in the world)
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Weather
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Maximum temperature: 32 °C;
Minimum temperature: 26 °C
|
Population
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11,891 (2021 UN)
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Tuvalu Day
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1st October
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Languages (with %age of speakers, if available)
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Tuvalu and English
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Religions (with %age, if available)
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Christians 98.4%, Baha'i 1% and other 0.6%
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Currency
Exchange rate with
US$ & INR
|
Australian dollar
AU$ 1 = US$ 0.65 (June 2025)
AU$1 = Rs. 56.18 (June 2025)
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Political Structure
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Parliamentary System; Unicameral Parliament with 15 members and are being elected every four years.
|
Head of State
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HM King Charles – III (since 8 September 2022)
(King is represented by Governor General (Hon. Tofiga Vaevalu Falani)
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Head of Government (Prime Minister)
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Hon. Feleti Teo, Prime Minister of Tuvalu
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Minister for Foreign Affairs
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Hon. Paulson Panapa, Minister of Foreign Affairs, Labour & Trade
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ECONOMIC INDICATORS
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Economy
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Tuvalu consists of a densely populated, scattered group of nine coral atolls with poor soil. The country has no known mineral resources and is almost entirely dependent upon imported food and fuel. Subsistence farming and fishing are the primary economic activities. Fewer than 1,000 tourists, on average, visit Tuvalu annually. Job opportunities are scarce and public sector workers make up most of those employed. About 15% of the adult male population work as seamen on merchant ships abroad and remittances are a vital source of income. Substantial income is received annually from the Tuvalu Trust Fund (TTF) an international trust fund established in 1987 by Australia, NZ, and the UK and supported by Japan and South Korea.
|
GDP at market price
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US$ 62.28 mn (2023) [https://stats.gov.tv/]
|
GDP per capita
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US$ 6344.80 (2023) [Source: www.worldbank.org]
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GDP Growth Rate
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3.9% (2023) [Source: www.worldbank.org]
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Inflation
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1.2% (March 2025) [Tuvalu Central Statistics]
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Total Trade
Imports
Exports
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US$ 151.3 mn (2023)
US$ 99 mn (2023)
US$ 52.3 mn (2023) [ Non-fillet Frozen Fish: US$ 49.4mn]
[Source: http://oec.world/en/resources/about]
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Bilateral Trade
Exports from India
Imports to India
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US$ 0.1 million (2023-24)
US$ 0.1 million (2023-24)
US$ 0 million (2023-24)
[Source: Ministry of Commerce, Government of India]
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OTHERS
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Tuvalu is one of the few nations that continue to have strong diplomatic relations with Taiwan and supports Taiwan’s bid to join the United Nations. In turn, Taiwan maintains a resident Embassy in Tuvalu and has a large assistance program in the islands with "several mobile medical missions". Taiwan funded the construction of Tuvalu's largest building, a three-story administrative building. In 2019, Taiwan aid provided a contribution of $7.06 million to Tuvalu's budget. Australia is other country to have a resident Mission in Tuvalu apart from Taiwan.
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INDIA SPECIFIC INFORMATION
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Indian Origin/ Permanent Residents
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Total: About 50 (Almost all Fiji-Indians)
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Indian Expatriates (composition and any pertinent information that may be of interest)
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N.A.
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Indian Organizations
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Banks
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Nil
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PSUs
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Nil
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Government Organizations
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Nil
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Others
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Nil
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