Final consumption expenditure in Vanuatu
Vanuatu: Final consumption expenditure was 1.25 billion current US$ in 2024. ◆ Volatile
Final consumption expenditure in Vanuatu, 1983–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Vanuatu recorded 1.25 billion current US$ for final consumption expenditure in 2024.
The figure is up 6.5% on the previous year and up 64.1% over ten years.
Over the whole period, final consumption expenditure in Vanuatu peaked at 1.39 billion current US$ in 2021 and was at its lowest, 97.92 million current US$, in 1983.
That places Vanuatu 180th out of 188 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure in Vanuatu, year by year
| Year | current US$ | Change |
|---|---|---|
| 1983 | 97.92 million current US$ | — |
| 1984 | 114.81 million current US$ | +17.3% |
| 1985 | 116.93 million current US$ | +1.8% |
| 1986 | 120.43 million current US$ | +3.0% |
| 1987 | 124.76 million current US$ | +3.6% |
| 1988 | 145.40 million current US$ | +16.5% |
| 1989 | 133.62 million current US$ | -8.1% |
| 1990 | 146.73 million current US$ | +9.8% |
| 1991 | 168.21 million current US$ | +14.6% |
| 1992 | 173.76 million current US$ | +3.3% |
| 1993 | 165.50 million current US$ | -4.8% |
| 1994 | 186.70 million current US$ | +12.8% |
| 1995 | 201.38 million current US$ | +7.9% |
| 1996 | 214.40 million current US$ | +6.5% |
| 1997 | 203.25 million current US$ | -5.2% |
| 1998 | 252.73 million current US$ | +24.3% |
| 1999 | 270.19 million current US$ | +6.9% |
| 2000 | 250.54 million current US$ | -7.3% |
| 2001 | 250.25 million current US$ | -0.1% |
| 2002 | 229.08 million current US$ | -8.5% |
| 2003 | 267.58 million current US$ | +16.8% |
| 2004 | 302.45 million current US$ | +13.0% |
| 2005 | 317.53 million current US$ | +5.0% |
| 2006 | 338.76 million current US$ | +6.7% |
| 2007 | 398.67 million current US$ | +17.7% |
| 2008 | 436.09 million current US$ | +9.4% |
| 2009 | 460.42 million current US$ | +5.6% |
| 2010 | 552.14 million current US$ | +19.9% |
| 2011 | 618.47 million current US$ | +12.0% |
| 2012 | 610.88 million current US$ | -1.2% |
| 2013 | 717.32 million current US$ | +17.4% |
| 2014 | 764.26 million current US$ | +6.5% |
| 2015 | 810.76 million current US$ | +6.1% |
| 2016 | 801.63 million current US$ | -1.1% |
| 2017 | 859.97 million current US$ | +7.3% |
| 2018 | 941.19 million current US$ | +9.4% |
| 2019 | 1.14 billion current US$ | +20.8% |
| 2020 | 1.21 billion current US$ | +6.9% |
| 2021 | 1.39 billion current US$ | +14.7% |
| 2022 | 1.37 billion current US$ | -1.7% |
| 2023 | 1.18 billion current US$ | -14.1% |
| 2024 | 1.25 billion current US$ | +6.5% |
Vanuatu compared with similar countries
- Vanuatu's 1.25 billion current US$ is below the median for lower middle income countries, which is 23.88 billion current US$, 5% of the median. (45 countries reporting)
- Vanuatu's 1.25 billion current US$ is below the median for East Asia & Pacific, which is 16.77 billion current US$, 7% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 121.98 million current US$ | 97.92 million current US$ | 145.40 million current US$ | 7 |
| 1990s | 198.29 million current US$ | 146.73 million current US$ | 270.19 million current US$ | 10 |
| 2000s | 325.14 million current US$ | 229.08 million current US$ | 460.42 million current US$ | 10 |
| 2010s | 781.34 million current US$ | 552.14 million current US$ | 1.14 billion current US$ | 10 |
| 2020s | 1.28 billion current US$ | 1.18 billion current US$ | 1.39 billion current US$ | 5 |
Countries ranked near Vanuatu
- 177 Suriname 2.15 billion current US$ compare
- 178 Comoros 2.00 billion current US$ compare
- 179 Solomon Islands 1.71 billion current US$ compare
- 181 Samoa 1.18 billion current US$ compare
- 182 Sao Tome and Principe 1.09 billion current US$ compare
- 183 San Marino 1.06 billion current US$ 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$), annual growth rate -4.52 % change on previous year (2024)
Frequently asked questions
- What is final consumption expenditure in Vanuatu?
- Final consumption expenditure in Vanuatu was 1.25 billion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest final consumption expenditure recorded in Vanuatu?
- The highest recorded value was 1.39 billion current US$ in 2021.
- What is the lowest final consumption expenditure recorded in Vanuatu?
- The lowest recorded value was 97.92 million current US$ in 1983.
- How does Vanuatu rank for final consumption expenditure?
- Vanuatu ranks 180th out of 188 countries with data for 2024.
- Is final consumption expenditure rising or falling in Vanuatu?
- Over the last ten years it is up 64.1%. 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 Offices (NSOs), published as part of Final consumption expenditure (current US$). 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 is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.