Gross capital formation (constant LCU) in Vanuatu
Vanuatu: Gross capital formation (constant LCU) was 40.35 billion constant LCU in 2024. ▲ Rising
Gross capital formation in Vanuatu, 2002–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
Vanuatu recorded 40.35 billion constant LCU for gross capital formation in 2024. That is the highest value across all 23 years on record.
That represents a change of 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 40.35 billion constant LCU in 2024 and was at its lowest, 5.97 billion constant LCU, in 2003.
Vanuatu ranks 109th of 170 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 23 years of available data.
Gross capital formation (constant LCU) in Vanuatu, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2002 | 6.63 billion constant LCU | — |
| 2003 | 5.97 billion constant LCU | -10.0% |
| 2004 | 8.71 billion constant LCU | +45.8% |
| 2005 | 9.38 billion constant LCU | +7.7% |
| 2006 | 12.66 billion constant LCU | +34.9% |
| 2007 | 15.33 billion constant LCU | +21.1% |
| 2008 | 20.80 billion constant LCU | +35.7% |
| 2009 | 20.62 billion constant LCU | -0.9% |
| 2010 | 19.64 billion constant LCU | -4.7% |
| 2011 | 16.09 billion constant LCU | -18.1% |
| 2012 | 13.93 billion constant LCU | -13.4% |
| 2013 | 16.22 billion constant LCU | +16.4% |
| 2014 | 15.76 billion constant LCU | -2.8% |
| 2015 | 29.06 billion constant LCU | +84.4% |
| 2016 | 27.16 billion constant LCU | -6.5% |
| 2017 | 30.67 billion constant LCU | +12.9% |
| 2018 | 33.05 billion constant LCU | +7.8% |
| 2019 | 27.85 billion constant LCU | -15.7% |
| 2020 | 23.93 billion constant LCU | -14.1% |
| 2021 | 23.29 billion constant LCU | -2.7% |
| 2022 | 31.35 billion constant LCU | +34.6% |
| 2023 | 35.64 billion constant LCU | +13.7% |
| 2024 | 40.35 billion constant LCU | +13.2% |
Vanuatu compared with similar countries
- Vanuatu's 40.35 billion constant LCU is below the median for lower middle income countries, which is 100.52 billion constant LCU, 40% of the median. (43 countries reporting)
- Vanuatu's 40.35 billion constant LCU is below the median for East Asia & Pacific, which is 80.47 billion constant LCU, 50% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 12.51 billion constant LCU | 5.97 billion constant LCU | 20.80 billion constant LCU | 8 |
| 2010s | 22.94 billion constant LCU | 13.93 billion constant LCU | 33.05 billion constant LCU | 10 |
| 2020s | 30.91 billion constant LCU | 23.29 billion constant LCU | 40.35 billion constant LCU | 5 |
Countries ranked near Vanuatu
More economy & growth data for Vanuatu
- Real gdp growth, annual growth rate -35.4 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate -3.47 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0163 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 65.88 units per person (2025)
- SDRs holdings, SDR, annual growth rate -8.08 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0119 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 48.11 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is gross capital formation in Vanuatu?
- Gross capital formation in Vanuatu was 40.35 billion constant LCU 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 40.35 billion constant LCU in 2024.
- What is the lowest gross capital formation recorded in Vanuatu?
- The lowest recorded value was 5.97 billion constant LCU in 2003.
- How does Vanuatu rank for gross capital formation?
- Vanuatu ranks 109th out of 170 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 LCU). 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 varies by country. This series is expressed in local currency units.