Gross domestic product (GDP), Constant prices, Purchasing power in Vanuatu
Vanuatu: Gross domestic product (GDP), Constant prices, Purchasing power was 0.9307 in 2019. ▲ Rising
Gross domestic product (GDP), Constant prices, Purchasing power in Vanuatu, 1970–2019
Source: International Monetary Fund.
Analysis
The most recent figure for gross domestic product (gdp), constant prices, purchasing power in Vanuatu is 0.9307, measured in 2019. That is the highest value across all 50 years on record.
The figure is up 2.8% on the previous year and up 25.0% over ten years.
Over the whole period, gross domestic product (gdp), constant prices, purchasing power in Vanuatu peaked at 0.9307 in 2019 and was at its lowest, 0.1269, in 1970.
Vanuatu ranks 184th of 193 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 50 years of available data.
Gross domestic product (GDP), Constant prices, Purchasing power in Vanuatu, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 0.1269 | — |
| 1971 | 0.1302 | +2.6% |
| 1972 | 0.1338 | +2.8% |
| 1973 | 0.1565 | +16.9% |
| 1974 | 0.2105 | +34.6% |
| 1975 | 0.2009 | -4.6% |
| 1976 | 0.2048 | +2.0% |
| 1977 | 0.2028 | -1.0% |
| 1978 | 0.2385 | +17.6% |
| 1979 | 0.2477 | +3.9% |
| 1980 | 0.2193 | -11.5% |
| 1981 | 0.2284 | +4.2% |
| 1982 | 0.2528 | +10.7% |
| 1983 | 0.3334 | +31.9% |
| 1984 | 0.3563 | +6.9% |
| 1985 | 0.3602 | +1.1% |
| 1986 | 0.3529 | -2.0% |
| 1987 | 0.3544 | +0.4% |
| 1988 | 0.3564 | +0.6% |
| 1989 | 0.3686 | +3.4% |
| 1990 | 0.3862 | +4.8% |
| 1991 | 0.4331 | +12.1% |
| 1992 | 0.4299 | -0.7% |
| 1993 | 0.4492 | +4.5% |
| 1994 | 0.4607 | +2.5% |
| 1995 | 0.4822 | +4.7% |
| 1996 | 0.4946 | +2.6% |
| 1997 | 0.5063 | +2.4% |
| 1998 | 0.5171 | +2.1% |
| 1999 | 0.5212 | +0.8% |
| 2000 | 0.5484 | +5.2% |
| 2001 | 0.5371 | -2.1% |
| 2002 | 0.5281 | -1.7% |
| 2003 | 0.542 | +2.6% |
| 2004 | 0.5636 | +4.0% |
| 2005 | 0.5935 | +5.3% |
| 2006 | 0.6438 | +8.5% |
| 2007 | 0.677 | +5.2% |
| 2008 | 0.7207 | +6.5% |
| 2009 | 0.7446 | +3.3% |
| 2010 | 0.7567 | +1.6% |
| 2011 | 0.766 | +1.2% |
| 2012 | 0.7794 | +1.8% |
| 2013 | 0.7948 | +2.0% |
| 2014 | 0.8131 | +2.3% |
| 2015 | 0.8144 | +0.2% |
| 2016 | 0.8426 | +3.5% |
| 2017 | 0.8799 | +4.4% |
| 2018 | 0.9054 | +2.9% |
| 2019 | 0.9307 | +2.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1853 | 0.1269 | 0.2477 | 10 |
| 1980s | 0.3183 | 0.2193 | 0.3686 | 10 |
| 1990s | 0.468 | 0.3862 | 0.5212 | 10 |
| 2000s | 0.6099 | 0.5281 | 0.7446 | 10 |
| 2010s | 0.8283 | 0.7567 | 0.9307 | 10 |
Countries ranked near Vanuatu
- 181 Samoa 1.3 compare
- 182 Saint Kitts and Nevis 1.17 compare
- 183 Saint Vincent and the Grenadines 1.16 compare
- 185 Sao Tome and Principe 0.8777 compare
- 186 Dominica 0.7654 compare
- 187 Tonga 0.6665 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 domestic product (gdp), constant prices, purchasing power in Vanuatu?
- Gross domestic product (gdp), constant prices, purchasing power in Vanuatu was 0.9307 in 2019, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), constant prices, purchasing power recorded in Vanuatu?
- The highest recorded value was 0.9307 in 2019.
- What is the lowest gross domestic product (gdp), constant prices, purchasing power recorded in Vanuatu?
- The lowest recorded value was 0.1269 in 1970.
- How does Vanuatu rank for gross domestic product (gdp), constant prices, purchasing power?
- Vanuatu ranks 184th out of 193 countries with data for 2019.
- Is gross domestic product (gdp), constant prices, purchasing power rising or falling in Vanuatu?
- Over the last ten years it is up 25.0%. The long-run trend across the full record is rising.
- Where does this Vanuatu data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Statizoid updates them automatically from the source API.
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.