General government final consumption expenditure in Vanuatu
Vanuatu: General government final consumption expenditure was 33.16 billion constant LCU in 2024. ▲ Rising
General government final consumption expenditure in Vanuatu, 2002–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for general government final consumption expenditure in Vanuatu is 33.16 billion constant LCU, measured in 2024. That is the highest value across all 23 years on record.
That represents a change of up 21.0% on the previous year and up 84.9% over ten years.
Over the whole period, general government final consumption expenditure in Vanuatu peaked at 33.16 billion constant LCU in 2024 and was at its lowest, 13.95 billion constant LCU, in 2005.
That places Vanuatu 117th out of 175 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 23 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 14.99 billion constant LCU | 13.95 billion constant LCU | 17.81 billion constant LCU | 8 |
| 2010s | 20.84 billion constant LCU | 17.93 billion constant LCU | 26.48 billion constant LCU | 10 |
| 2020s | 29.44 billion constant LCU | 27.41 billion constant LCU | 33.16 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)
- 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 general government final consumption expenditure in Vanuatu?
- General government final consumption expenditure in Vanuatu was 33.16 billion constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest general government final consumption expenditure recorded in Vanuatu?
- The highest recorded value was 33.16 billion constant LCU in 2024.
- What is the lowest general government final consumption expenditure recorded in Vanuatu?
- The lowest recorded value was 13.95 billion constant LCU in 2005.
- How does Vanuatu rank for general government final consumption expenditure?
- Vanuatu ranks 117th out of 175 countries with data for 2024.
- Is general government final consumption expenditure rising or falling in Vanuatu?
- Over the last ten years it is up 84.9%. 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 General government final consumption expenditure (constant LCU). 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. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.