Discrepancy in expenditure estimate of GDP in Vanuatu
Vanuatu: Discrepancy in expenditure estimate of GDP was -1.00 million constant LCU in 2024. ◆ Volatile
Discrepancy in expenditure estimate of GDP in Vanuatu, 2006–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2024, discrepancy in expenditure estimate of gdp in Vanuatu stood at -1.00 million constant LCU. That is the lowest value across all 19 years on record.
That represents a change of down 100.0% on the previous year and down 100.0% over ten years.
Over the whole period, discrepancy in expenditure estimate of gdp in Vanuatu peaked at 62.90 billion constant LCU in 2015 and was at its lowest, -1.00 million constant LCU, in 2024.
Vanuatu ranks 111th of 153 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Discrepancy in expenditure estimate of GDP in Vanuatu, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2006 | 47.03 billion constant LCU | — |
| 2007 | 58.05 billion constant LCU | +23.4% |
| 2008 | 54.71 billion constant LCU | -5.8% |
| 2009 | 51.52 billion constant LCU | -5.8% |
| 2010 | 51.83 billion constant LCU | +0.6% |
| 2011 | 54.38 billion constant LCU | +4.9% |
| 2012 | 57.00 billion constant LCU | +4.8% |
| 2013 | 55.13 billion constant LCU | -3.3% |
| 2014 | 58.53 billion constant LCU | +6.2% |
| 2015 | 62.90 billion constant LCU | +7.5% |
| 2016 | 55.81 billion constant LCU | -11.3% |
| 2017 | 16.29 billion constant LCU | -70.8% |
| 2018 | 25.85 billion constant LCU | +58.7% |
| 2019 | 7.26 billion constant LCU | -71.9% |
| 2020 | 19.49 billion constant LCU | +168.2% |
| 2021 | 25.34 billion constant LCU | +30.0% |
| 2022 | 23.27 billion constant LCU | -8.1% |
| 2023 | 9.90 billion constant LCU | -57.5% |
| 2024 | -1.00 million constant LCU | -100.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 52.83 billion constant LCU | 47.03 billion constant LCU | 58.05 billion constant LCU | 4 |
| 2010s | 44.50 billion constant LCU | 7.26 billion constant LCU | 62.90 billion constant LCU | 10 |
| 2020s | 15.60 billion constant LCU | -1.00 million constant LCU | 25.34 billion constant LCU | 5 |
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)
- Industry (including construction), value added (constant 2015 US$) 11.01 % change on previous year (2024)
- Industry (including construction), value added (constant 2015 US$) 0.1111 constant 2015 US$ per US$ of GDP (2024)
- Industry (including construction), value added (constant 2015 US$) 439.9 constant 2015 US$ per person (2024)
- Industry (including construction), value added (constant LCU), annual 11.01 % change on previous year (2024)
- Industry (including construction), value added (constant LCU), per 11.99 constant LCU per US$ of GDP (2024)
- Industry (including construction), value added (constant LCU), per 47,480 constant LCU per person (2024)
- Services, value added (current US$), annual growth rate 6.95 % change on previous year (2024)
- Services, value added (current US$), per unit of GDP 0.5676 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is discrepancy in expenditure estimate of gdp in Vanuatu?
- Discrepancy in expenditure estimate of gdp in Vanuatu was -1.00 million constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest discrepancy in expenditure estimate of gdp recorded in Vanuatu?
- The highest recorded value was 62.90 billion constant LCU in 2015.
- What is the lowest discrepancy in expenditure estimate of gdp recorded in Vanuatu?
- The lowest recorded value was -1.00 million constant LCU in 2024.
- How does Vanuatu rank for discrepancy in expenditure estimate of gdp?
- Vanuatu ranks 111th out of 153 countries with data for 2024.
- Is discrepancy in expenditure estimate of gdp rising or falling in Vanuatu?
- Over the last ten years it is down 100.0%. The long-run trend across the full record is volatile.
- Where does this Vanuatu data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Discrepancy in expenditure estimate of GDP (constant LCU). Statizoid updates them automatically from the source API.
Download this data
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About this data
Although the SNA ensures there is perfect consistency between the three measures of GDP, this is a conceptual consistency that in general does not emerge naturally from data compilations. This is because of the wide disparity of data sources that must be called on and the fact that any error in any source will lead to a difference between at least two of the GDP measures. In practice it is inevitable that many such data errors will exist and will become apparent in exercises such as the balancing of supply and use tables. This indicator is expressed in constant prices, meaning the underlying series have been adjusted to account for price changes over time. The reference year for this adjustment varies by country.