Annual growth of imports of goods and services in Vanuatu
Vanuatu: Annual growth of imports of goods and services was 13.6% in 2022. ◆ Volatile
Annual growth of imports of goods and services in Vanuatu, 2003–2022
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
In 2022, annual growth of imports of goods and services in Vanuatu stood at 13.6%.
That represents a change of up 445.8% on the previous year and up 316.9% over five years.
Over the whole period, annual growth of imports of goods and services in Vanuatu peaked at 40.2% in 2007 and was at its lowest, -3.9%, in 2021.
That places Vanuatu 16th out of 176 countries with data for 2022, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of imports of goods and services in Vanuatu, year by year
| Year | % | Change |
|---|---|---|
| 2003 | -0.3% | — |
| 2004 | 22.7% | -6975.8% |
| 2005 | 2.9% | -87.4% |
| 2006 | 0.6% | -79.1% |
| 2007 | 40.2% | +6603.3% |
| 2008 | 0.0% | -100.0% |
| 2009 | 0.0% | — |
| 2010 | 0.0% | — |
| 2011 | 0.0% | — |
| 2012 | 0.0% | — |
| 2013 | 6.5% | — |
| 2014 | 0.2% | -96.9% |
| 2015 | 26.2% | +12995.0% |
| 2016 | 2.3% | -91.1% |
| 2017 | 3.3% | +40.5% |
| 2018 | -2.4% | -174.8% |
| 2019 | -3.9% | +59.8% |
| 2020 | 1.8% | -145.4% |
| 2021 | -3.9% | -322.0% |
| 2022 | 13.6% | -445.8% |
Vanuatu compared with similar countries
- Vanuatu's 13.6% is above the median for lower middle income countries, which is 3.6%, 3.8× the median. (44 countries reporting)
- Vanuatu's 13.6% is above the median for East Asia & Pacific, which is 6.3%, 2.2× the median. (28 countries reporting)
Biggest year-on-year movements
Years where Annual growth of imports 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 |
|---|---|---|---|
| 2015 | +12995.0% | 0.2% | 26.2% |
| 2004 | +6975.8% | -0.3% | 22.7% |
| 2007 | +6603.3% | 0.6% | 40.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.4% | -0.3% | 40.2% | 7 |
| 2010s | 3.2% | -3.9% | 26.2% | 10 |
| 2020s | 3.8% | -3.9% | 13.6% | 3 |
Countries ranked near Vanuatu
- 13 Brazil 15.6% compare
- 14 Congo, Democratic Republic of the 15.0% compare
- 15 Solomon Islands 14.2% compare
- 17 Kuwait 13.4% compare
- 18 Burkina Faso 13.2% compare
- 19 Bahamas 12.7% 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)
- 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 imports of goods and services in Vanuatu?
- Annual growth of imports of goods and services in Vanuatu was 13.6% in 2022, according to World Bank – processed by Our World in Data.
- What is the highest annual growth of imports of goods and services recorded in Vanuatu?
- The highest recorded value was 40.2% in 2007.
- What is the lowest annual growth of imports of goods and services recorded in Vanuatu?
- The lowest recorded value was -3.9% in 2021.
- How does Vanuatu rank for annual growth of imports of goods and services?
- Vanuatu ranks 16th out of 176 countries with data for 2022.
- 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 imports of goods and services. Statizoid updates them automatically from the source API.
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About this data
Annual growth of imports of goods and services (%).