Gross capital formation in Vanuatu
Vanuatu: Gross capital formation was 335.30 million constant 2015 US$ in 2024. ▲ Rising
Gross capital formation in Vanuatu, 2002–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Vanuatu recorded 335.30 million constant 2015 US$ for gross capital formation in 2024. That is the highest value across all 23 years on record.
Compared with earlier readings it is up 13.2% on the previous year and up 156.0% over ten years.
Over the whole period, gross capital formation in Vanuatu peaked at 335.30 million constant 2015 US$ in 2024 and was at its lowest, 49.63 million constant 2015 US$, in 2003.
Vanuatu ranks 152nd of 163 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 23 years of available data.
Gross capital formation in Vanuatu, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2002 | 55.13 million constant 2015 US$ | — |
| 2003 | 49.63 million constant 2015 US$ | -10.0% |
| 2004 | 72.39 million constant 2015 US$ | +45.8% |
| 2005 | 77.98 million constant 2015 US$ | +7.7% |
| 2006 | 105.18 million constant 2015 US$ | +34.9% |
| 2007 | 127.39 million constant 2015 US$ | +21.1% |
| 2008 | 172.90 million constant 2015 US$ | +35.7% |
| 2009 | 171.38 million constant 2015 US$ | -0.9% |
| 2010 | 163.24 million constant 2015 US$ | -4.7% |
| 2011 | 133.72 million constant 2015 US$ | -18.1% |
| 2012 | 115.79 million constant 2015 US$ | -13.4% |
| 2013 | 134.78 million constant 2015 US$ | +16.4% |
| 2014 | 130.96 million constant 2015 US$ | -2.8% |
| 2015 | 241.48 million constant 2015 US$ | +84.4% |
| 2016 | 225.70 million constant 2015 US$ | -6.5% |
| 2017 | 254.86 million constant 2015 US$ | +12.9% |
| 2018 | 274.67 million constant 2015 US$ | +7.8% |
| 2019 | 231.48 million constant 2015 US$ | -15.7% |
| 2020 | 198.91 million constant 2015 US$ | -14.1% |
| 2021 | 193.56 million constant 2015 US$ | -2.7% |
| 2022 | 260.52 million constant 2015 US$ | +34.6% |
| 2023 | 296.17 million constant 2015 US$ | +13.7% |
| 2024 | 335.30 million constant 2015 US$ | +13.2% |
Vanuatu compared with similar countries
- Vanuatu's 335.30 million constant 2015 US$ is below the median for lower middle income countries, which is 5.34 billion constant 2015 US$, 6% of the median. (42 countries reporting)
- Vanuatu's 335.30 million constant 2015 US$ is below the median for East Asia & Pacific, which is 6.48 billion constant 2015 US$, 5% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 104.00 million constant 2015 US$ | 49.63 million constant 2015 US$ | 172.90 million constant 2015 US$ | 8 |
| 2010s | 190.67 million constant 2015 US$ | 115.79 million constant 2015 US$ | 274.67 million constant 2015 US$ | 10 |
| 2020s | 256.89 million constant 2015 US$ | 193.56 million constant 2015 US$ | 335.30 million constant 2015 US$ | 5 |
Countries ranked near Vanuatu
- 149 Seychelles 394.30 million constant 2015 US$ compare
- 150 Samoa 348.69 million constant 2015 US$ compare
- 151 Solomon Islands 347.76 million constant 2015 US$ compare
- 153 Guinea-Bissau 329.00 million constant 2015 US$ compare
- 154 Central African Republic 317.18 million constant 2015 US$ compare
- 155 San Marino 250.60 million constant 2015 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$), annual growth rate -4.52 % change on previous year (2024)
Frequently asked questions
- What is gross capital formation in Vanuatu?
- Gross capital formation in Vanuatu was 335.30 million constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Vanuatu?
- The highest recorded value was 335.30 million constant 2015 US$ in 2024.
- What is the lowest gross capital formation recorded in Vanuatu?
- The lowest recorded value was 49.63 million constant 2015 US$ in 2003.
- How does Vanuatu rank for gross capital formation?
- Vanuatu ranks 152nd out of 163 countries with data for 2024.
- Is gross capital formation rising or falling in Vanuatu?
- Over the last ten years it is up 156.0%. 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 Gross capital formation (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. 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 2015. This indicator is expressed in United States dollars.