Current account balance as a proportion of GDP in Vanuatu
Vanuatu: Current account balance as a proportion of GDP was -12.1% in 2022. ◆ Volatile
Latest (2022)
-12.1%
Change on year
down 52.1%
World rank
158th
of 177 countries
All-time high
7.8%
in 2019
All-time low
-24.0%
in 2008
Years of data
23
2000–2022
Current account balance as a proportion of GDP in Vanuatu, 2000–2022
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for current account balance as a proportion of gdp in Vanuatu is -12.1%, measured in 2022.
Compared with earlier readings it is down 52.1% on the previous year and down 31.6% over ten years.
Over the whole period, current account balance as a proportion of gdp in Vanuatu peaked at 7.8% in 2019 and was at its lowest, -24.0%, in 2008.
Vanuatu ranks 158th of 177 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance as a proportion of GDP in Vanuatu, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 1.8% | — |
| 2001 | 0.7% | -61.6% |
| 2002 | -6.5% | -1021.1% |
| 2003 | -7.0% | +8.5% |
| 2004 | -6.1% | -12.7% |
| 2005 | -8.6% | +40.2% |
| 2006 | -6.9% | -20.4% |
| 2007 | -6.7% | -2.8% |
| 2008 | -24.0% | +259.6% |
| 2009 | 1.7% | -107.2% |
| 2010 | -6.3% | -462.5% |
| 2011 | -7.9% | +25.9% |
| 2012 | -9.2% | +15.9% |
| 2013 | -0.7% | -92.6% |
| 2014 | 0.5% | -180.5% |
| 2015 | -15.1% | -2856.8% |
| 2016 | -8.8% | -41.9% |
| 2017 | -8.0% | -8.1% |
| 2018 | 3.2% | -140.2% |
| 2019 | 7.8% | +141.8% |
| 2020 | -6.4% | -181.3% |
| 2021 | -7.9% | +24.8% |
| 2022 | -12.1% | +52.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -6.2% | -24.0% | 1.8% | 10 |
| 2010s | -4.4% | -15.1% | 7.8% | 10 |
| 2020s | -8.8% | -12.1% | -6.4% | 3 |
Countries ranked near Vanuatu
- 155 Cayman Islands -9.8% compare
- 156 Mongolia -10.4% compare
- 157 Mozambique -11.0% compare
- 159 Rwanda -12.7% compare
- 160 Saint Vincent and the Grenadines -13.5% compare
- 161 Niger -14.0% 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)
- Imports of goods and services (constant 2015 US$), annual growth rate 6.3 % change on previous year (2024)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.4368 constant 2015 US$ per US$ of GDP (2024)
- Imports of goods and services (constant 2015 US$), per capita 1,730 constant 2015 US$ per person (2024)
- External balance on goods and services (current US$), annual growth -16.22 % change on previous year (2024)
- External balance on goods and services (current LCU), annual growth -16.27 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), annual 13.93 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 31.73 current LCU per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 125,649 current LCU per person (2024)
Frequently asked questions
- What is current account balance as a proportion of gdp in Vanuatu?
- Current account balance as a proportion of gdp in Vanuatu was -12.1% in 2022, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Vanuatu?
- The highest recorded value was 7.8% in 2019.
- What is the lowest current account balance as a proportion of gdp recorded in Vanuatu?
- The lowest recorded value was -24.0% in 2008.
- How does Vanuatu rank for current account balance as a proportion of gdp?
- Vanuatu ranks 158th out of 177 countries with data for 2022.
- Is current account balance as a proportion of gdp rising or falling in Vanuatu?
- Over the last ten years it is down 31.6%. 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 Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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