Annual gdp growth in Vanuatu
Vanuatu: Annual gdp growth was 0.94 in 2024. ◆ Volatile
Latest (2024)
0.94
Change on year
down 55.0%
World rank
170th
of 212 countries
All-time high
8.46
in 2006
All-time low
-5.2
in 2002
Years of data
25
2000–2024
Annual gdp growth in Vanuatu, 2000–2024
Source: Our World in Data.
Analysis
The most recent figure for annual gdp growth in Vanuatu is 0.94, measured in 2024.
That represents a change of down 55.0% on the previous year and down 63.6% over ten years.
Over the whole period, annual gdp growth in Vanuatu peaked at 8.46 in 2006 and was at its lowest, -5.2, in 2002.
Vanuatu ranks 170th of 212 countries on this measure, 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 | 5.92 | — |
| 2001 | -3.4 | -157.4% |
| 2002 | -5.2 | +52.9% |
| 2003 | 4.29 | -182.5% |
| 2004 | 3.99 | -7.0% |
| 2005 | 5.31 | +33.1% |
| 2006 | 8.46 | +59.3% |
| 2007 | 2.88 | -66.0% |
| 2008 | 5.6 | +94.4% |
| 2009 | 3.04 | -45.7% |
| 2010 | 1.26 | -58.6% |
| 2011 | 3.14 | +149.2% |
| 2012 | 1.01 | -67.8% |
| 2013 | 0.46 | -54.5% |
| 2014 | 2.58 | +460.9% |
| 2015 | 3.97 | +53.9% |
| 2016 | 3.47 | -12.6% |
| 2017 | 4.41 | +27.1% |
| 2018 | 2.9 | -34.2% |
| 2019 | 3.24 | +11.7% |
| 2020 | -4.99 | -254.0% |
| 2021 | -1.55 | -68.9% |
| 2022 | 5.19 | -434.8% |
| 2023 | 2.09 | -59.7% |
| 2024 | 0.94 | -55.0% |
Vanuatu compared with similar countries
- Vanuatu's 0.94 is below the median for lower middle income countries, which is 3.8, 25% of the median. (47 countries reporting)
- Vanuatu's 0.94 is below the median for East Asia & Pacific, which is 3.26, 29% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.09 | -5.2 | 8.46 | 10 |
| 2010s | 2.64 | 0.46 | 4.41 | 10 |
| 2020s | 0.336 | -4.99 | 5.19 | 5 |
Countries ranked near Vanuatu
- 167 Sao Tome and Principe 1.1 compare
- 168 Netherlands 1.08 compare
- 169 Belgium 1.07 compare
- 171 Romania 0.92 compare
- 172 Equatorial Guinea 0.91 compare
- 173 Greenland 0.87 compare
- 173 Israel 0.87 compare
More economy & growth data for Vanuatu
- Real gdp growth, annual growth rate -35.4 % change on previous year (2024)
- 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)
Frequently asked questions
- What is annual gdp growth in Vanuatu?
- Annual gdp growth in Vanuatu was 0.94 in 2024, according to Our World in Data.
- What is the highest annual gdp growth recorded in Vanuatu?
- The highest recorded value was 8.46 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 170th out of 212 countries with data for 2024.
- Is annual gdp growth rising or falling in Vanuatu?
- Over the last ten years it is down 63.6%. The long-run trend across the full record is volatile.
- Where does this Vanuatu data come from?
- The figures come from Our World in Data, 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 CC BY 4.0 (Our World in Data).