Final consumption expenditure in Vanuatu
Vanuatu: Final consumption expenditure was 96.6% in 2024. ▲ Rising
Final consumption expenditure in Vanuatu, 1983–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
The most recent figure for final consumption expenditure in Vanuatu is 96.6%, measured in 2024.
Compared with earlier readings it is down 2.5% on the previous year and up 11.1% over ten years.
Over the whole period, final consumption expenditure in Vanuatu peaked at 127.4% in 2021 and was at its lowest, 73.8%, in 2008.
That places Vanuatu 37th out of 187 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 42 years of available data.
Final consumption expenditure in Vanuatu, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1983 | 83.4% | — |
| 1984 | 79.5% | -4.7% |
| 1985 | 88.7% | +11.6% |
| 1986 | 95.2% | +7.4% |
| 1987 | 89.5% | -6.0% |
| 1988 | 91.8% | +2.6% |
| 1989 | 86.8% | -5.5% |
| 1990 | 86.9% | +0.1% |
| 1991 | 83.5% | -3.8% |
| 1992 | 83.1% | -0.5% |
| 1993 | 82.5% | -0.7% |
| 1994 | 79.9% | -3.2% |
| 1995 | 80.8% | +1.1% |
| 1996 | 82.0% | +1.6% |
| 1997 | 74.5% | -9.2% |
| 1998 | 96.4% | +29.3% |
| 1999 | 100.8% | +4.6% |
| 2000 | 92.1% | -8.6% |
| 2001 | 97.0% | +5.3% |
| 2002 | 87.2% | -10.1% |
| 2003 | 85.1% | -2.5% |
| 2004 | 82.9% | -2.6% |
| 2005 | 80.4% | -3.0% |
| 2006 | 77.1% | -4.1% |
| 2007 | 77.2% | +0.1% |
| 2008 | 73.8% | -4.4% |
| 2009 | 77.7% | +5.2% |
| 2010 | 82.3% | +6.0% |
| 2011 | 80.3% | -2.5% |
| 2012 | 81.7% | +1.7% |
| 2013 | 83.1% | +1.7% |
| 2014 | 86.9% | +4.6% |
| 2015 | 94.8% | +9.0% |
| 2016 | 88.2% | -6.9% |
| 2017 | 86.1% | -2.4% |
| 2018 | 91.0% | +5.6% |
| 2019 | 107.1% | +17.7% |
| 2020 | 119.4% | +11.5% |
| 2021 | 127.4% | +6.7% |
| 2022 | 118.9% | -6.7% |
| 2023 | 99.0% | -16.7% |
| 2024 | 96.6% | -2.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 87.8% | 79.5% | 95.2% | 7 |
| 1990s | 85.0% | 74.5% | 100.8% | 10 |
| 2000s | 83.1% | 73.8% | 97.0% | 10 |
| 2010s | 88.2% | 80.3% | 107.1% | 10 |
| 2020s | 112.3% | 96.6% | 127.4% | 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)
- Gross value added at basic prices (GVA) (current LCU), annual growth 9.86 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 106.98 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 423,611 current LCU per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 3.78 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7361 constant 2015 US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 2,915 constant 2015 US$ per person (2024)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 3.78 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 106.98 constant LCU per US$ of GDP (2024)
Frequently asked questions
- What is final consumption expenditure in Vanuatu?
- Final consumption expenditure in Vanuatu was 96.6% 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 127.4% in 2021.
- What is the lowest final consumption expenditure recorded in Vanuatu?
- The lowest recorded value was 73.8% in 2008.
- How does Vanuatu rank for final consumption expenditure?
- Vanuatu ranks 37th out of 187 countries with data for 2024.
- Is final consumption expenditure rising or falling in Vanuatu?
- Over the last ten years it is up 11.1%. The long-run trend across the full record is rising.
- 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.