Annual growth rate of real GDP per capita in Vanuatu
Vanuatu: Annual growth rate of real GDP per capita was -1.3% in 2024. ◆ Volatile
Latest (2024)
-1.3%
Change on year
down 333.3%
World rank
203rd
of 226 countries
All-time high
5.9%
in 2006
All-time low
-7.2%
in 2020
Years of data
25
2000–2024
Annual growth rate of real GDP per capita in Vanuatu, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, annual growth rate of real gdp per capita in Vanuatu stood at -1.3%.
That represents a change of down 333.3% on the previous year and down 533.3% over ten years.
Over the whole period, annual growth rate of real gdp per capita in Vanuatu peaked at 5.9% in 2006 and was at its lowest, -7.2%, in 2020.
That places Vanuatu 203rd out of 226 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 growth rate of real GDP per capita in Vanuatu, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 2.8% | — |
| 2001 | -4.5% | -260.7% |
| 2002 | -4.1% | -8.9% |
| 2003 | 0.1% | -102.4% |
| 2004 | 1.5% | +1400.0% |
| 2005 | 2.8% | +86.7% |
| 2006 | 5.9% | +110.7% |
| 2007 | 2.6% | -55.9% |
| 2008 | 0.7% | -73.1% |
| 2009 | 0.5% | -28.6% |
| 2010 | -1.1% | -320.0% |
| 2011 | 0.9% | -181.8% |
| 2012 | -1.2% | -233.3% |
| 2013 | -1.7% | +41.7% |
| 2014 | 0.3% | -117.6% |
| 2015 | 1.7% | +466.7% |
| 2016 | 1.2% | -29.4% |
| 2017 | 2.0% | +66.7% |
| 2018 | 0.5% | -75.0% |
| 2019 | 0.9% | +80.0% |
| 2020 | -7.2% | -900.0% |
| 2021 | -3.8% | -47.2% |
| 2022 | 2.8% | -173.7% |
| 2023 | -0.3% | -110.7% |
| 2024 | -1.3% | +333.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.8% | -4.5% | 5.9% | 10 |
| 2010s | 0.3% | -1.7% | 2.0% | 10 |
| 2020s | -2.0% | -7.2% | 2.8% | 5 |
Countries ranked near Vanuatu
- 200 Netherlands Antilles [former] -0.9% compare
- 200 Sao Tome and Principe -0.9% compare
- 202 Afghanistan -1.1% compare
- 204 New Zealand -1.5% compare
- 205 Argentina -1.7% compare
- 206 Melanesia -1.8% compare
- 206 Myanmar -1.8% 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)
- Households and NPISHs Final consumption expenditure (current LCU) 1.92 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 89.57 current LCU per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 354,680 current LCU per person (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 5.42 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 1.45 constant 2015 US$ per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 5,724 constant 2015 US$ per person (2024)
- Final consumption expenditure (current US$), annual growth rate 6.54 % change on previous year (2024)
- Final consumption expenditure (current US$), per unit of GDP 0.966 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is annual growth rate of real gdp per capita in Vanuatu?
- Annual growth rate of real gdp per capita in Vanuatu was -1.3% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth rate of real gdp per capita recorded in Vanuatu?
- The highest recorded value was 5.9% in 2006.
- What is the lowest annual growth rate of real gdp per capita recorded in Vanuatu?
- The lowest recorded value was -7.2% in 2020.
- How does Vanuatu rank for annual growth rate of real gdp per capita?
- Vanuatu ranks 203rd out of 226 countries with data for 2024.
- Is annual growth rate of real gdp per capita rising or falling in Vanuatu?
- Over the last ten years it is down 533.3%. 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 growth rate of real GDP per capita (%). Statizoid updates them automatically from the source API.
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