Gross domestic product (GDP), Current prices, Domestic currency in Vanuatu

Vanuatu: Gross domestic product (GDP), Current prices, Domestic currency was 2.8 % change on previous year in 2019. ◆ Volatile

Latest (2019)
2.8 % change on previous year
Change on year
down 54.9%
World rank
150th
of 194 countries
All-time high
24.05 % change on previous year
in 1979
All-time low
-5.54 % change on previous year
in 1980
Years of data
49
1971–2019

Gross domestic product (GDP), Current prices, Domestic currency in Vanuatu, 1971–2019

-1001020197119952019

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gross domestic product (gdp), current prices, domestic currency in Vanuatu is 2.8 % change on previous year, measured in 2019.

Compared with earlier readings it is down 54.9% on the previous year and down 50.9% over ten years.

Over the whole period, gross domestic product (gdp), current prices, domestic currency in Vanuatu peaked at 24.05 % change on previous year in 1979 and was at its lowest, -5.54 % change on previous year, in 1980.

Vanuatu ranks 150th of 194 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gross domestic product (GDP), Current prices, Domestic currency in Vanuatu, year by year

Annual values for Gross domestic product (GDP), Current prices, Domestic currency, annual growth rate in Vanuatu, 1971 to 2019.
Year % change on previous year Change
1971 7.73 % change on previous year —
1972 7.7 % change on previous year -0.3%
1973 7.69 % change on previous year -0.1%
1974 7.69 % change on previous year -0.0%
1975 7.71 % change on previous year +0.3%
1976 7.69 % change on previous year -0.3%
1977 7.71 % change on previous year +0.2%
1978 12.09 % change on previous year +56.9%
1979 24.05 % change on previous year +98.9%
1980 -5.54 % change on previous year -123.0%
1981 11.97 % change on previous year -316.2%
1982 8.87 % change on previous year -25.9%
1983 10.18 % change on previous year +14.8%
1984 21.57 % change on previous year +111.9%
1985 1.58 % change on previous year -92.7%
1986 -2.83 % change on previous year -279.2%
1987 10.06 % change on previous year -455.1%
1988 11.95 % change on previous year +18.8%
1989 8.96 % change on previous year -25.0%
1990 9.47 % change on previous year +5.7%
1991 13.62 % change on previous year +43.8%
1992 5.92 % change on previous year -56.6%
1993 10.39 % change on previous year +75.6%
1994 4.97 % change on previous year -52.2%
1995 9.19 % change on previous year +84.9%
1996 3.57 % change on previous year -61.2%
1997 4.43 % change on previous year +24.2%
1998 0.2305 % change on previous year -94.8%
1999 3.24 % change on previous year +1303.7%
2000 6.63 % change on previous year +104.8%
2001 1.58 % change on previous year -76.1%
2002 -0.7282 % change on previous year -146.1%
2003 4.47 % change on previous year -713.8%
2004 6.19 % change on previous year +38.6%
2005 5.75 % change on previous year -7.2%
2006 12.67 % change on previous year +120.4%
2007 10.93 % change on previous year -13.7%
2008 14.24 % change on previous year +30.3%
2009 5.7 % change on previous year -60.0%
2010 4.29 % change on previous year -24.8%
2011 4.36 % change on previous year +1.7%
2012 2.18 % change on previous year -50.1%
2013 4.68 % change on previous year +115.0%
2014 4.36 % change on previous year -6.8%
2015 4.66 % change on previous year +6.9%
2016 5.38 % change on previous year +15.3%
2017 8.75 % change on previous year +62.8%
2018 6.2 % change on previous year -29.2%
2019 2.8 % change on previous year -54.9%

Vanuatu compared with similar countries

  • Vanuatu's 2.8 % change on previous year is below the median for lower middle income countries, which is 7.38 % change on previous year, 38% of the median. (46 countries reporting)
  • Vanuatu's 2.8 % change on previous year is below the median for East Asia & Pacific, which is 4.53 % change on previous year, 62% of the median. (31 countries reporting)

Biggest year-on-year movements

Years where Gross domestic product (GDP), Current prices, Domestic currency in Vanuatu changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1999 +1303.7% 0.2305 % change on previous year 3.24 % change on previous year
2003 +713.8% -0.7282 % change on previous year 4.47 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 10.01 % change on previous year 7.69 % change on previous year 24.05 % change on previous year 9
1980s 7.68 % change on previous year -5.54 % change on previous year 21.57 % change on previous year 10
1990s 6.5 % change on previous year 0.2305 % change on previous year 13.62 % change on previous year 10
2000s 6.74 % change on previous year -0.7282 % change on previous year 14.24 % change on previous year 10
2010s 4.77 % change on previous year 2.18 % change on previous year 8.75 % change on previous year 10

Countries ranked near Vanuatu

  1. 147 Fiji 2.89 % change on previous year compare
  2. 148 Panama 2.86 % change on previous year compare
  3. 149 Aruba 2.81 % change on previous year compare
  4. 151 Germany 2.8 % change on previous year compare
  5. 152 Saint Lucia 2.74 % change on previous year compare
  6. 153 France 2.73 % change on previous year compare

See the full ranking of 194 places →

More economy & growth data for Vanuatu

All data for Vanuatu →

Frequently asked questions

What is gross domestic product (gdp), current prices, domestic currency in Vanuatu?
Gross domestic product (gdp), current prices, domestic currency in Vanuatu was 2.8 % change on previous year in 2019, according to Statizoid (derived).
What is the highest gross domestic product (gdp), current prices, domestic currency recorded in Vanuatu?
The highest recorded value was 24.05 % change on previous year in 1979.
What is the lowest gross domestic product (gdp), current prices, domestic currency recorded in Vanuatu?
The lowest recorded value was -5.54 % change on previous year in 1980.
How does Vanuatu rank for gross domestic product (gdp), current prices, domestic currency?
Vanuatu ranks 150th out of 194 countries with data for 2019.
Is gross domestic product (gdp), current prices, domestic currency rising or falling in Vanuatu?
Over the last ten years it is down 50.9%. The long-run trend across the full record is volatile.
Where does this Vanuatu data come from?
The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), Current prices, Domestic currency, annual growth rate. Statizoid updates them automatically from the source API.

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Gross domestic product (GDP), Current prices, Domestic currency in Vanuatu. Statizoid, drawing on Statizoid (derived). Retrieved 03 October 2026, from https://economy.statizoid.com/stat/gross-domestic-product-gdp-current-prices-domestic-currency-annual-growth-rate/vanuatu/

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How this figure is calculated

The year-on-year percentage change in Gross domestic product (GDP), Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross domestic product (GDP), Current prices, Domestic currency, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
194 places, 10,054 data points, 1961–2019
Last refreshed

The year-on-year percentage change in Gross domestic product (GDP), Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.