GNI growth in Vanuatu
Vanuatu: GNI growth was 0.2% in 2024. ◆ Volatile
GNI growth in Vanuatu, 2003–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual %.
Analysis
The most recent figure for gni growth in Vanuatu is 0.2%, measured in 2024.
Compared with earlier readings it is up 147.8% on the previous year and down 94.5% over ten years.
Over the whole period, gni growth in Vanuatu peaked at 14.7% in 2007 and was at its lowest, -1.9%, in 2019.
Vanuatu ranks 140th of 164 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GNI growth in Vanuatu, year by year
| Year | annual % | Change |
|---|---|---|
| 2003 | 2.5% | — |
| 2004 | 5.6% | +128.4% |
| 2005 | 2.0% | -65.0% |
| 2006 | 10.7% | +440.9% |
| 2007 | 14.7% | +37.0% |
| 2008 | 1.9% | -87.2% |
| 2009 | 0.4% | -79.1% |
| 2010 | 1.6% | +315.8% |
| 2011 | 0.6% | -63.9% |
| 2012 | 1.7% | +187.0% |
| 2013 | 4.4% | +157.9% |
| 2014 | 3.1% | -29.5% |
| 2015 | 2.1% | -31.0% |
| 2016 | 2.2% | +2.4% |
| 2017 | -1.0% | -146.4% |
| 2018 | 3.9% | -488.9% |
| 2019 | -1.9% | -147.7% |
| 2020 | 10.1% | -639.3% |
| 2021 | 4.4% | -56.4% |
| 2022 | 2.8% | -35.3% |
| 2023 | -0.4% | -112.4% |
| 2024 | 0.2% | -147.8% |
Vanuatu compared with similar countries
- Vanuatu's 0.2% is below the median for lower middle income countries, which is 5.0%, 3% of the median. (43 countries reporting)
- Vanuatu's 0.2% is below the median for East Asia & Pacific, which is 4.6%, 4% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.4% | 0.4% | 14.7% | 7 |
| 2010s | 1.7% | -1.9% | 4.4% | 10 |
| 2020s | 3.4% | -0.4% | 10.1% | 5 |
Countries ranked near Vanuatu
- 137 Bolivia 0.3% compare
- 138 San Marino 0.3% compare
- 139 New Zealand 0.3% compare
- 141 Cuba -0.1% compare
- 142 Haiti -0.3% compare
- 143 Mozambique -0.3% 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 gni growth in Vanuatu?
- Gni growth in Vanuatu was 0.2% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gni growth recorded in Vanuatu?
- The highest recorded value was 14.7% in 2007.
- What is the lowest gni growth recorded in Vanuatu?
- The lowest recorded value was -1.9% in 2019.
- How does Vanuatu rank for gni growth?
- Vanuatu ranks 140th out of 164 countries with data for 2024.
- Is gni growth rising or falling in Vanuatu?
- Over the last ten years it is down 94.5%. 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 GNI growth (annual %). Statizoid updates them automatically from the source API.
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About this data
Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.