Annual growth of exports of goods and services in Vanuatu
Vanuatu: Annual growth of exports of goods and services was 103.4% in 2022. ◆ Volatile
Annual growth of exports of goods and services in Vanuatu, 2003–2022
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for annual growth of exports of goods and services in Vanuatu is 103.4%, measured in 2022. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 295.9% on the previous year and up 6,996.0% over ten years.
Over the whole period, annual growth of exports of goods and services in Vanuatu peaked at 103.4% in 2022 and was at its lowest, -60.1%, in 2020.
Vanuatu ranks 5th of 176 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of exports of goods and services in Vanuatu, year by year
| Year | % | Change |
|---|---|---|
| 2003 | 10.7% | — |
| 2004 | 14.5% | +36.0% |
| 2005 | 7.1% | -51.1% |
| 2006 | 0.2% | -96.5% |
| 2007 | 5.8% | +2216.0% |
| 2008 | 8.6% | +48.7% |
| 2009 | 14.3% | +66.4% |
| 2010 | 1.0% | -92.9% |
| 2011 | 10.1% | +890.2% |
| 2012 | -1.5% | -114.9% |
| 2013 | 3.9% | -359.3% |
| 2014 | -0.5% | -112.6% |
| 2015 | 4.9% | -1091.8% |
| 2016 | 19.5% | +302.1% |
| 2017 | -1.1% | -105.6% |
| 2018 | 3.5% | -415.5% |
| 2019 | -3.7% | -206.6% |
| 2020 | -60.1% | +1523.5% |
| 2021 | -52.8% | -12.1% |
| 2022 | 103.4% | -295.9% |
Vanuatu compared with similar countries
- Vanuatu's 103.4% is above the median for lower middle income countries, which is 2.7%, 38.7× the median. (44 countries reporting)
- Vanuatu's 103.4% is above the median for East Asia & Pacific, which is 6.8%, 15.2× the median. (28 countries reporting)
Biggest year-on-year movements
Years where Annual growth of exports of goods and services in Vanuatu changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2007 | +2216.0% | 0.2% | 5.8% |
| 2020 | -1523.5% | -3.7% | -60.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.8% | 0.2% | 14.5% | 7 |
| 2010s | 3.6% | -3.7% | 19.5% | 10 |
| 2020s | -3.1% | -60.1% | 103.4% | 3 |
Countries ranked near Vanuatu
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 2.79 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0021 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 8.5 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 28.86 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 211.4 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0222 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 88.05 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -4.52 % change on previous year (2024)
Frequently asked questions
- What is annual growth of exports of goods and services in Vanuatu?
- Annual growth of exports of goods and services in Vanuatu was 103.4% in 2022, according to World Bank – processed by Our World in Data.
- What is the highest annual growth of exports of goods and services recorded in Vanuatu?
- The highest recorded value was 103.4% in 2022.
- What is the lowest annual growth of exports of goods and services recorded in Vanuatu?
- The lowest recorded value was -60.1% in 2020.
- How does Vanuatu rank for annual growth of exports of goods and services?
- Vanuatu ranks 5th out of 176 countries with data for 2022.
- Is annual growth of exports of goods and services rising or falling in Vanuatu?
- Over the last ten years it is up 6,996.0%. The long-run trend across the full record is volatile.
- Where does this Vanuatu data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual growth of exports of goods and services. Statizoid updates them automatically from the source API.
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About this data
Annual growth of exports of goods and services (%).