Gross Domestic Product, GDP in millions constant 2021 international $ in Vanuatu
Vanuatu: Gross Domestic Product, GDP in millions constant 2021 international $ was 1,116 in 2027. ▲ Rising
Gross Domestic Product, GDP in millions constant 2021 international $ in Vanuatu, 1991–2027
Source: International Labour Organization.
Analysis
The most recent figure for gross domestic product, gdp in millions constant 2021 international $ in Vanuatu is 1,116, measured in 2027. That is the highest value across all 37 years on record.
The figure is up 2.7% on the previous year and up 15.7% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in Vanuatu peaked at 1,116 in 2027 and was at its lowest, 473.7, in 1991.
That places Vanuatu 187th out of 188 countries with data for 2027, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 37 years of available data.
Gross Domestic Product, GDP in millions constant 2021 international $ in Vanuatu, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 473.7 | — |
| 1992 | 485.95 | +2.6% |
| 1993 | 489.52 | +0.7% |
| 1994 | 533.98 | +9.1% |
| 1995 | 539.34 | +1.0% |
| 1996 | 551.89 | +2.3% |
| 1997 | 578.97 | +4.9% |
| 1998 | 585.78 | +1.2% |
| 1999 | 587.76 | +0.3% |
| 2000 | 622.58 | +5.9% |
| 2001 | 601.43 | -3.4% |
| 2002 | 570.17 | -5.2% |
| 2003 | 594.62 | +4.3% |
| 2004 | 618.33 | +4.0% |
| 2005 | 651.13 | +5.3% |
| 2006 | 706.22 | +8.5% |
| 2007 | 726.53 | +2.9% |
| 2008 | 767.22 | +5.6% |
| 2009 | 790.53 | +3.0% |
| 2010 | 800.48 | +1.3% |
| 2011 | 825.61 | +3.1% |
| 2012 | 833.95 | +1.0% |
| 2013 | 837.81 | +0.5% |
| 2014 | 859.39 | +2.6% |
| 2015 | 893.47 | +4.0% |
| 2016 | 924.49 | +3.5% |
| 2017 | 965.28 | +4.4% |
| 2018 | 993.28 | +2.9% |
| 2019 | 1,025 | +3.2% |
| 2020 | 974.29 | -5.0% |
| 2021 | 959.17 | -1.6% |
| 2022 | 1,009 | +5.2% |
| 2023 | 1,030 | +2.1% |
| 2024 | 1,040 | +0.9% |
| 2025 | 1,057 | +1.7% |
| 2026 | 1,087 | +2.8% |
| 2027 | 1,116 | +2.7% |
Vanuatu compared with similar countries
- Vanuatu's 1,116 is below the median for lower middle income countries, which is 75,074, 1% of the median. (46 countries reporting)
- Vanuatu's 1,116 is below the median for East Asia & Pacific, which is 84,340, 1% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 536.32 | 473.7 | 587.76 | 9 |
| 2000s | 664.88 | 570.17 | 790.53 | 10 |
| 2010s | 895.92 | 800.48 | 1,025 | 10 |
| 2020s | 1,034 | 959.17 | 1,116 | 8 |
Countries ranked near Vanuatu
- 184 Saint Vincent and the Grenadines 2,130 compare
- 185 Samoa 1,818 compare
- 186 Sao Tome and Principe 1,448 compare
- 188 Tonga 808.67 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 in millions constant 2021 international $ in Vanuatu?
- Gross domestic product, gdp in millions constant 2021 international $ in Vanuatu was 1,116 in 2027, according to International Labour Organization.
- What is the highest gross domestic product, gdp in millions constant 2021 international $ recorded in Vanuatu?
- The highest recorded value was 1,116 in 2027.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in Vanuatu?
- The lowest recorded value was 473.7 in 1991.
- How does Vanuatu rank for gross domestic product, gdp in millions constant 2021 international $?
- Vanuatu ranks 187th out of 188 countries with data for 2027.
- Is gross domestic product, gdp in millions constant 2021 international $ rising or falling in Vanuatu?
- Over the last ten years it is up 15.7%. The long-run trend across the full record is rising.
- Where does this Vanuatu data come from?
- The figures come from International Labour Organization, published as part of Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates). Statizoid updates them automatically from the source API.
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About this data
Gross Domestic Product (GDP), Purchasing Power Parity (millions of PPP, constant 2021 international dollars) is a measure to assess the total economic output of a country, adjusted for differences in the purchasing power of the different currencies relative to the US dollar. It is derived from the World Development Indicators of the World Bank. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.