Annual GDP growth in Vanuatu
Vanuatu: Annual GDP growth was 0.9% in 2024. ◆ Volatile
Latest (2024)
0.9%
Change on year
down 55.0%
World rank
185th
of 230 countries
All-time high
8.5%
in 2006
All-time low
-5.2%
in 2002
Years of data
25
2000–2024
Annual GDP growth in Vanuatu, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for annual gdp growth in Vanuatu is 0.9%, measured in 2024.
The figure is down 55.0% on the previous year and down 63.4% over ten years.
Over the whole period, annual gdp growth in Vanuatu peaked at 8.5% in 2006 and was at its lowest, -5.2%, in 2002.
That places Vanuatu 185th out of 230 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual GDP growth in Vanuatu, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 5.9% | — |
| 2001 | -3.4% | -157.3% |
| 2002 | -5.2% | +53.0% |
| 2003 | 4.3% | -182.5% |
| 2004 | 4.0% | -7.0% |
| 2005 | 5.3% | +33.1% |
| 2006 | 8.5% | +59.5% |
| 2007 | 2.9% | -66.0% |
| 2008 | 5.6% | +94.8% |
| 2009 | 3.0% | -45.8% |
| 2010 | 1.3% | -58.6% |
| 2011 | 3.1% | +149.4% |
| 2012 | 1.0% | -67.8% |
| 2013 | 0.5% | -54.1% |
| 2014 | 2.6% | +455.7% |
| 2015 | 4.0% | +54.0% |
| 2016 | 3.5% | -12.5% |
| 2017 | 4.4% | +27.1% |
| 2018 | 2.9% | -34.3% |
| 2019 | 3.2% | +11.8% |
| 2020 | -5.0% | -254.0% |
| 2021 | -1.6% | -68.9% |
| 2022 | 5.2% | -434.1% |
| 2023 | 2.1% | -59.6% |
| 2024 | 0.9% | -55.0% |
Vanuatu compared with similar countries
- Vanuatu's 0.9% is below the median for lower middle income countries, which is 3.8%, 25% of the median. (43 countries reporting)
- Vanuatu's 0.9% is below the median for East Asia & Pacific, which is 3.5%, 27% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.1% | -5.2% | 8.5% | 10 |
| 2010s | 2.6% | 0.5% | 4.4% | 10 |
| 2020s | 0.3% | -5.0% | 5.2% | 5 |
Countries ranked near Vanuatu
- 182 Sao Tome and Principe 1.1% compare
- 183 Netherlands (Kingdom of the) 1.1% compare
- 184 Belgium 1.1% compare
- 186 Romania 0.9% compare
- 187 Equatorial Guinea 0.9% compare
- 188 Israel 0.9% compare
More economy & growth data for Vanuatu
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.2699 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.49 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate -3.47 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0163 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 65.88 units per person (2025)
- SDRs holdings, SDR, annual growth rate -8.08 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0119 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 48.11 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0198 units per US$ of GDP (2025)
Frequently asked questions
- What is annual gdp growth in Vanuatu?
- Annual gdp growth in Vanuatu was 0.9% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual gdp growth recorded in Vanuatu?
- The highest recorded value was 8.5% in 2006.
- What is the lowest annual gdp growth recorded in Vanuatu?
- The lowest recorded value was -5.2% in 2002.
- How does Vanuatu rank for annual gdp growth?
- Vanuatu ranks 185th out of 230 countries with data for 2024.
- Is annual gdp growth rising or falling in Vanuatu?
- Over the last ten years it is down 63.4%. The long-run trend across the full record is volatile.
- Where does this Vanuatu data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual GDP growth (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).