About Us India - Tuvalu

TUVALU FACTSHEET

GENERAL
Capital Funafuti; Became independent country on 1 October 1978
Area 30 sq. kms. (4th smallest country in the world)
[(i) Vatican City- 0.44sq.km; (ii) Monaco- 2sq.km, (iii) Nauru- 21 sq.km].
Current Weather Maximum temperature: 32 °C;
Minimum temperature: 26 °C
Population 11,891 (2021 UN)
Tuvalu Day 1st October
Languages (with %age of speakers, if available) Tuvalu and English
Religions (with %age, if available) Christians 98.4%, Baha'i 1% and other 0.6%
Currency
Exchange rate with US$ & INR
AU$ 1 = US$ 0.75
AU$1 = Rs. 50.08
Political Structure Parliamentary System; Unicameral Parliament with 15 members and are being elected every four years.
Head of State HM Queen Elizabeth II
(Queen is represented by Governor General (Acting) Hon. Samuelu P Teo also the Speaker of Parliament.
Head of Government (Prime Minister) Honourable Kausea Natano
Minister for Foreign Affairs Honourable Simon Kofe

ECONOMIC INDICATORS
Economy

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 US$ 42.00 mn (2019)
GDP per capita US$ 3,834.80 (2019)
GDP Growth Rate 4.1.% (2019)
Total Trade
Imports
Exports
US$ 12.00mn (2020)
US$ 12.00mn (2020)
US$ 00.00mn (2020)
Bilateral Trade
Imports from India
Exports to India
US$ 0.06mn (2017-18)
US$ 0.06mn (2017-18)
US$ 0.00mn (2017-18)
[Source: Ministry of Commerce, Government of India]

INDIA SPECIFIC INFORMATION
Indian Origin/ Permanent Resident Total: About 50 (major Indo-Fijians)
Indian Expatriates (composition and any pertinent information that may be of interest) Total: Nil
Indian Organizations Banks Nil
PSUs Nil
Government Organizations Nil
Others Nil


July 2021