Asian Development Bank and Tuvalu: Fact Sheet

Abstract

Updated yearly, this ADB Fact Sheet provides social and economic indicators on Tuvalu as well as concise information on ADB's operations in the country and contact information. Tuvalu is made up of a series of very small low-lying coral atoll and reef islands in the Pacific, isolated, vulnerable to adverse climate events and economic shocks, and lacking adequate resources for sustainable growth to alleviate poverty. Its economic base is extremely narrow and incorporates hardly any, or no, value-adding exports. The income from fishing license fees, remittances, available surpluses from its trust fund, and rent of its “dot.tv” internet domain are highly variable. Consequently, fiscal management is difficult, particularly in light of growing societal demands for better social services and public infrastructure.