NA

Suffrage:

18 years of age; universal

Executive branch:

chief of state: Queen ELIZABETH II (since 6 February 1952); represented by Governor General Filoimea TELITO (since 15 April 2005) head of government: Prime Minister Apisai IELEMIA (since 14 August 2006) cabinet: Cabinet appointed by the governor general on the recommendation of the prime minister elections: the monarch is hereditary; governor general appointed by the monarch on the recommendation of the prime minister; prime minister and deputy prime minister elected by and from the members of Parliament; election last held 14 August 2006 (next to be held following parliamentary elections in 2010) election results: Apisai IELEMIA elected Prime Minister in a Parliamentary election on 14 August 2006

Legislative branch:

unicameral Parliament or Fale I Fono, also called House of Assembly (15 seats; members elected by popular vote to serve four-year terms) elections: last held 3 August 2006 (next to be held in 2010) election results: percent of vote - NA; seats - independents 15

Judicial branch:

High Court (a chief justice visits twice a year to preside over its sessions; its rulings can be appealed to the Court of Appeal in Fiji); eight Island Courts (with limited jurisdiction)

Political parties and leaders:

there are no political parties but members of Parliament usually align themselves in informal groupings

Political pressure groups and leaders:

none

International organization participation:

ACP, ADB, C, FAO, IFRCS (observer), IMO, IOC, ITU, OPCW, PIF,
Sparteca, SPC, UN, UNCTAD, UNESCO, UPU, WHO

Diplomatic representation in the US:

Tuvalu does not have an embassy in the US - the country's only diplomatic post is in Fiji - Tuvalu does, however, have a UN office located at 800 2nd Avenue, Suite 400D, New York, NY 10017, telephone: (212) 490-0534

Diplomatic representation from the US:

the US does not have an embassy in Tuvalu; the US ambassador to Fiji is accredited to Tuvalu

Flag description:

light blue with the flag of the UK in the upper hoist-side quadrant; the outer half of the flag represents a map of the country with nine yellow five-pointed stars symbolizing the nine islands

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. Job opportunities are scarce and public sector workers make up the majority 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, contributing around $4 million in 2006. 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 also by Japan and South Korea. Thanks to wise investments and conservative withdrawals, this fund grew from an initial $17 million to an estimated value of $77 million in 2006. The TFF contributed nearly $9 million towards the government budget in 2006 and is an important cushion for meeting shortfalls in the government's budget. The US Government is also a major revenue source for Tuvalu because of payments from a 1988 treaty on fisheries. In an effort to ensure financial stability and sustainability, the government is pursuing public sector reforms, including privatization of some government functions and personnel cuts. Tuvalu also derives royalties from the lease of its ".tv" Internet domain name, with revenue of more than $2 million in 2006. A minor source of government revenue comes from the sale of stamps and coins. 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. Growing income disparities and the vulnerability of the country to climatic change are among leading concerns for the nation.

GDP (purchasing power parity):

$14.94 million (2002 est.)

GDP (official exchange rate):

$14.94 million (2002)

GDP - real growth rate:

3% (2006 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: