GNI, PPP in Vanuatu
Vanuatu: GNI, PPP was 1.28 billion constant 2021 international $ in 2024. ▲ Rising
GNI, PPP in Vanuatu, 2002–2024
Source: International Comparison Program (ICP), World Bank (WB). Measured in constant 2021 international $.
Analysis
In 2024, gni, ppp in Vanuatu stood at 1.28 billion constant 2021 international $.
That represents a change of up 0.2% on the previous year and up 24.3% over ten years.
Over the whole period, gni, ppp in Vanuatu peaked at 1.28 billion constant 2021 international $ in 2022 and was at its lowest, 643.24 million constant 2021 international $, in 2002.
Vanuatu ranks 155th of 159 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 23 years of available data.
GNI, PPP in Vanuatu, year by year
| Year | constant 2021 international $ | Change |
|---|---|---|
| 2002 | 643.24 million constant 2021 international $ | — |
| 2003 | 659.15 million constant 2021 international $ | +2.5% |
| 2004 | 696.38 million constant 2021 international $ | +5.6% |
| 2005 | 710.16 million constant 2021 international $ | +2.0% |
| 2006 | 786.18 million constant 2021 international $ | +10.7% |
| 2007 | 901.44 million constant 2021 international $ | +14.7% |
| 2008 | 918.40 million constant 2021 international $ | +1.9% |
| 2009 | 922.01 million constant 2021 international $ | +0.4% |
| 2010 | 937.08 million constant 2021 international $ | +1.6% |
| 2011 | 942.60 million constant 2021 international $ | +0.6% |
| 2012 | 958.57 million constant 2021 international $ | +1.7% |
| 2013 | 1.00 billion constant 2021 international $ | +4.4% |
| 2014 | 1.03 billion constant 2021 international $ | +3.1% |
| 2015 | 1.05 billion constant 2021 international $ | +2.1% |
| 2016 | 1.08 billion constant 2021 international $ | +2.2% |
| 2017 | 1.07 billion constant 2021 international $ | -1.0% |
| 2018 | 1.11 billion constant 2021 international $ | +3.9% |
| 2019 | 1.09 billion constant 2021 international $ | -1.9% |
| 2020 | 1.20 billion constant 2021 international $ | +10.1% |
| 2021 | 1.25 billion constant 2021 international $ | +4.4% |
| 2022 | 1.28 billion constant 2021 international $ | +2.8% |
| 2023 | 1.28 billion constant 2021 international $ | -0.4% |
| 2024 | 1.28 billion constant 2021 international $ | +0.2% |
Vanuatu compared with similar countries
- Vanuatu's 1.28 billion constant 2021 international $ is below the median for lower middle income countries, which is 64.48 billion constant 2021 international $, 2% of the median. (40 countries reporting)
- Vanuatu's 1.28 billion constant 2021 international $ is below the median for East Asia & Pacific, which is 100.92 billion constant 2021 international $, 1% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 779.62 million constant 2021 international $ | 643.24 million constant 2021 international $ | 922.01 million constant 2021 international $ | 8 |
| 2010s | 1.03 billion constant 2021 international $ | 937.08 million constant 2021 international $ | 1.11 billion constant 2021 international $ | 10 |
| 2020s | 1.26 billion constant 2021 international $ | 1.20 billion constant 2021 international $ | 1.28 billion constant 2021 international $ | 5 |
Countries ranked near Vanuatu
- 152 Solomon Islands 2.09 billion constant 2021 international $ compare
- 153 Samoa 1.88 billion constant 2021 international $ compare
- 154 Sao Tome and Principe 1.59 billion constant 2021 international $ compare
- 156 Tonga 790.64 million constant 2021 international $ compare
- 157 Kiribati 693.67 million constant 2021 international $ compare
- 158 Palau 327.32 million constant 2021 international $ 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, ppp in Vanuatu?
- Gni, ppp in Vanuatu was 1.28 billion constant 2021 international $ in 2024, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest gni, ppp recorded in Vanuatu?
- The highest recorded value was 1.28 billion constant 2021 international $ in 2022.
- What is the lowest gni, ppp recorded in Vanuatu?
- The lowest recorded value was 643.24 million constant 2021 international $ in 2002.
- How does Vanuatu rank for gni, ppp?
- Vanuatu ranks 155th out of 159 countries with data for 2024.
- Is gni, ppp rising or falling in Vanuatu?
- Over the last ten years it is up 24.3%. The long-run trend across the full record is rising.
- Where does this Vanuatu data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), published as part of GNI, PPP (constant 2021 international $). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
This indicator provides values for gross national income (GNI) expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. 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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.