Final consumption expenditure in Vanuatu
Vanuatu: Final consumption expenditure was 8.9% in 2024. ◆ Volatile
Final consumption expenditure in Vanuatu, 2003–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
The most recent figure for final consumption expenditure in Vanuatu is 8.9%, measured in 2024.
That represents a change of up 434.1% on the previous year and up 438.6% over ten years.
Over the whole period, final consumption expenditure in Vanuatu peaked at 51.0% in 2017 and was at its lowest, -12.3%, in 2018.
That places Vanuatu 12th out of 175 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.7% | 1.4% | 4.9% | 7 |
| 2010s | 9.6% | -12.3% | 51.0% | 10 |
| 2020s | 5.0% | -4.2% | 22.4% | 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)
- Taxes less subsidies on products (current US$), annual growth rate 4.49 % change on previous year (2024)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1023 current US$ per US$ of GDP (2024)
- Taxes less subsidies on products (current US$), per capita 405.05 current US$ per person (2024)
- Taxes less subsidies on products (current LCU), annual growth rate 4.54 % change on previous year (2024)
- Taxes less subsidies on products (current LCU), per unit of GDP 12.19 current LCU per US$ of GDP (2024)
- Taxes less subsidies on products (current LCU), per capita 48,268 current LCU per person (2024)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0062 (2024)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 161.45 (2024)
Frequently asked questions
- What is final consumption expenditure in Vanuatu?
- Final consumption expenditure in Vanuatu was 8.9% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest final consumption expenditure recorded in Vanuatu?
- The highest recorded value was 51.0% in 2017.
- What is the lowest final consumption expenditure recorded in Vanuatu?
- The lowest recorded value was -12.3% in 2018.
- How does Vanuatu rank for final consumption expenditure?
- Vanuatu ranks 12th out of 175 countries with data for 2024.
- Is final consumption expenditure rising or falling in Vanuatu?
- Over the last ten years it is up 438.6%. 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 Final consumption expenditure (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.