3min chapter

Economics Explained cover image

The World's Smallest National Economy Will Soon Disappear

Economics Explained

CHAPTER

Tvalu: The World's Smallest Economy

Tuvallu has a GDP of just $63.1 million, which means it produces less economic output than a lot of office buildings. The country is probably going to need to relocate to other islands in the region or land in places like Australia. It's obviously tiny with no real diversity of industry, and there are real threats to its future. But growth is growth, and Tuvalu gets a 10 out of 10. Thanks for watching, mate. Bye.

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