Gross Domestic Product — Value Standard Local Currency, 2015 prices in Vanuatu
Vanuatu: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 0.2937 million SLC per person in 2024. ▲ Rising
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Vanuatu, 1970–2024
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
Vanuatu recorded 0.2937 million SLC per person for gross domestic product — value standard local currency, 2015 prices in 2024.
The figure is up 1.6% on the previous year and down 4.0% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Vanuatu peaked at 0.3255 million SLC per person in 2019 and was at its lowest, 0.1486 million SLC per person, in 1972.
That places Vanuatu 60th out of 194 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Vanuatu, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1970 | 0.1495 million SLC per person | — |
| 1971 | 0.1489 million SLC per person | -0.4% |
| 1972 | 0.1486 million SLC per person | -0.2% |
| 1973 | 0.1686 million SLC per person | +13.5% |
| 1974 | 0.2201 million SLC per person | +30.5% |
| 1975 | 0.2037 million SLC per person | -7.5% |
| 1976 | 0.2014 million SLC per person | -1.1% |
| 1977 | 0.1934 million SLC per person | -4.0% |
| 1978 | 0.2205 million SLC per person | +14.0% |
| 1979 | 0.2228 million SLC per person | +1.0% |
| 1980 | 0.1928 million SLC per person | -13.5% |
| 1981 | 0.1964 million SLC per person | +1.9% |
| 1982 | 0.2123 million SLC per person | +8.1% |
| 1983 | 0.2734 million SLC per person | +28.7% |
| 1984 | 0.2849 million SLC per person | +4.2% |
| 1985 | 0.2809 million SLC per person | -1.4% |
| 1986 | 0.2683 million SLC per person | -4.5% |
| 1987 | 0.2626 million SLC per person | -2.1% |
| 1988 | 0.2574 million SLC per person | -2.0% |
| 1989 | 0.2595 million SLC per person | +0.8% |
| 1990 | 0.2652 million SLC per person | +2.2% |
| 1991 | 0.29 million SLC per person | +9.4% |
| 1992 | 0.2809 million SLC per person | -3.2% |
| 1993 | 0.2864 million SLC per person | +2.0% |
| 1994 | 0.2868 million SLC per person | +0.1% |
| 1995 | 0.2933 million SLC per person | +2.3% |
| 1996 | 0.2942 million SLC per person | +0.3% |
| 1997 | 0.2948 million SLC per person | +0.2% |
| 1998 | 0.2948 million SLC per person | +0.0% |
| 1999 | 0.2911 million SLC per person | -1.3% |
| 2000 | 0.2993 million SLC per person | +2.8% |
| 2001 | 0.2858 million SLC per person | -4.5% |
| 2002 | 0.2741 million SLC per person | -4.1% |
| 2003 | 0.2745 million SLC per person | +0.1% |
| 2004 | 0.2786 million SLC per person | +1.5% |
| 2005 | 0.2863 million SLC per person | +2.8% |
| 2006 | 0.3031 million SLC per person | +5.9% |
| 2007 | 0.3111 million SLC per person | +2.6% |
| 2008 | 0.3134 million SLC per person | +0.7% |
| 2009 | 0.3148 million SLC per person | +0.5% |
| 2010 | 0.3114 million SLC per person | -1.1% |
| 2011 | 0.3142 million SLC per person | +0.9% |
| 2012 | 0.3105 million SLC per person | -1.2% |
| 2013 | 0.3051 million SLC per person | -1.7% |
| 2014 | 0.306 million SLC per person | +0.3% |
| 2015 | 0.3112 million SLC per person | +1.7% |
| 2016 | 0.3149 million SLC per person | +1.2% |
| 2017 | 0.3212 million SLC per person | +2.0% |
| 2018 | 0.3227 million SLC per person | +0.5% |
| 2019 | 0.3255 million SLC per person | +0.9% |
| 2020 | 0.3021 million SLC per person | -7.2% |
| 2021 | 0.2906 million SLC per person | -3.8% |
| 2022 | 0.2894 million SLC per person | -0.4% |
| 2023 | 0.289 million SLC per person | -0.1% |
| 2024 | 0.2937 million SLC per person | +1.6% |
Vanuatu compared with similar countries
- Vanuatu's 0.2937 million SLC per person is above the median for lower middle income countries, which is 0.1359 million SLC per person, 2.2× the median. (44 countries reporting)
- Vanuatu's 0.2937 million SLC per person is above the median for East Asia & Pacific, which is 0.0672 million SLC per person, 4.4× the median. (28 countries reporting)
Biggest year-on-year movements
Years where Gross Domestic Product — Value Standard Local Currency, 2015 prices 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.
| Year | Change | From | To |
|---|---|---|---|
| 1974 | +30.5% | 0.1686 million SLC per person | 0.2201 million SLC per person |
| 1983 | +28.7% | 0.2123 million SLC per person | 0.2734 million SLC per person |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1877 million SLC per person | 0.1486 million SLC per person | 0.2228 million SLC per person | 10 |
| 1980s | 0.2489 million SLC per person | 0.1928 million SLC per person | 0.2849 million SLC per person | 10 |
| 1990s | 0.2878 million SLC per person | 0.2652 million SLC per person | 0.2948 million SLC per person | 10 |
| 2000s | 0.2941 million SLC per person | 0.2741 million SLC per person | 0.3148 million SLC per person | 10 |
| 2010s | 0.3143 million SLC per person | 0.3051 million SLC per person | 0.3255 million SLC per person | 10 |
| 2020s | 0.293 million SLC per person | 0.289 million SLC per person | 0.3021 million SLC per person | 5 |
Countries ranked near Vanuatu
- 57 Angola 0.3646 million SLC per person compare
- 58 Niger 0.3487 million SLC per person compare
- 59 Greenland 0.342 million SLC per person compare
- 61 Malawi 0.2746 million SLC per person compare
- 62 Bhutan 0.2314 million SLC per person compare
- 63 Central African Republic 0.2311 million SLC per person 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 — value standard local currency, 2015 prices in Vanuatu?
- Gross domestic product — value standard local currency, 2015 prices in Vanuatu was 0.2937 million SLC per person in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Vanuatu?
- The highest recorded value was 0.3255 million SLC per person in 2019.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Vanuatu?
- The lowest recorded value was 0.1486 million SLC per person in 1972.
- How does Vanuatu rank for gross domestic product — value standard local currency, 2015 prices?
- Vanuatu ranks 60th out of 194 countries with data for 2024.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Vanuatu?
- Over the last ten years it is down 4.0%. The long-run trend across the full record is rising.
- Where does this Vanuatu data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value Standard Local Currency, 2015 prices, per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Domestic Product — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Domestic Product — Value Standard Local Currency, 2015 prices ÷ Population, total
Computed from
- Gross Domestic Product — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
- Population, total World Population Prospects, United Nations (UN)
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
Gross Domestic Product — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.