Gross Domestic Product — Value Standard Local Currency, 2015 prices in Vanuatu
Vanuatu: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 7.6 million SLC per square kilometre in 2023. ▲ Rising
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Vanuatu, 1970–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
Vanuatu recorded 7.6 million SLC per square kilometre for gross domestic product — value standard local currency, 2015 prices in 2023.
That represents a change of up 2.2% on the previous year and up 19.3% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Vanuatu peaked at 7.8 million SLC per square kilometre in 2019 and was at its lowest, 1.06 million SLC per square kilometre, in 1970.
Vanuatu ranks 102nd of 194 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Vanuatu, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1970 | 1.06 million SLC per square kilometre | — |
| 1971 | 1.09 million SLC per square kilometre | +2.6% |
| 1972 | 1.12 million SLC per square kilometre | +2.8% |
| 1973 | 1.3 million SLC per square kilometre | +16.9% |
| 1974 | 1.76 million SLC per square kilometre | +34.6% |
| 1975 | 1.68 million SLC per square kilometre | -4.6% |
| 1976 | 1.71 million SLC per square kilometre | +2.0% |
| 1977 | 1.69 million SLC per square kilometre | -1.0% |
| 1978 | 1.99 million SLC per square kilometre | +17.6% |
| 1979 | 2.07 million SLC per square kilometre | +3.9% |
| 1980 | 1.83 million SLC per square kilometre | -11.5% |
| 1981 | 1.91 million SLC per square kilometre | +4.2% |
| 1982 | 2.11 million SLC per square kilometre | +10.7% |
| 1983 | 2.78 million SLC per square kilometre | +31.9% |
| 1984 | 2.97 million SLC per square kilometre | +6.9% |
| 1985 | 3 million SLC per square kilometre | +1.1% |
| 1986 | 2.94 million SLC per square kilometre | -2.0% |
| 1987 | 2.96 million SLC per square kilometre | +0.4% |
| 1988 | 2.97 million SLC per square kilometre | +0.6% |
| 1989 | 3.07 million SLC per square kilometre | +3.4% |
| 1990 | 3.22 million SLC per square kilometre | +4.8% |
| 1991 | 3.61 million SLC per square kilometre | +12.1% |
| 1992 | 3.59 million SLC per square kilometre | -0.7% |
| 1993 | 3.75 million SLC per square kilometre | +4.5% |
| 1994 | 3.84 million SLC per square kilometre | +2.5% |
| 1995 | 4.02 million SLC per square kilometre | +4.7% |
| 1996 | 4.12 million SLC per square kilometre | +2.6% |
| 1997 | 4.22 million SLC per square kilometre | +2.4% |
| 1998 | 4.31 million SLC per square kilometre | +2.1% |
| 1999 | 4.35 million SLC per square kilometre | +0.8% |
| 2000 | 4.57 million SLC per square kilometre | +5.2% |
| 2001 | 4.48 million SLC per square kilometre | -2.1% |
| 2002 | 4.4 million SLC per square kilometre | -1.7% |
| 2003 | 4.52 million SLC per square kilometre | +2.6% |
| 2004 | 4.7 million SLC per square kilometre | +4.0% |
| 2005 | 4.95 million SLC per square kilometre | +5.3% |
| 2006 | 5.37 million SLC per square kilometre | +8.5% |
| 2007 | 5.65 million SLC per square kilometre | +5.2% |
| 2008 | 5.83 million SLC per square kilometre | +3.3% |
| 2009 | 6.01 million SLC per square kilometre | +3.0% |
| 2010 | 6.09 million SLC per square kilometre | +1.3% |
| 2011 | 6.28 million SLC per square kilometre | +3.1% |
| 2012 | 6.34 million SLC per square kilometre | +1.0% |
| 2013 | 6.37 million SLC per square kilometre | +0.5% |
| 2014 | 6.53 million SLC per square kilometre | +2.6% |
| 2015 | 6.79 million SLC per square kilometre | +4.0% |
| 2016 | 7.03 million SLC per square kilometre | +3.5% |
| 2017 | 7.34 million SLC per square kilometre | +4.4% |
| 2018 | 7.55 million SLC per square kilometre | +2.9% |
| 2019 | 7.8 million SLC per square kilometre | +3.2% |
| 2020 | 7.41 million SLC per square kilometre | -5.0% |
| 2021 | 7.29 million SLC per square kilometre | -1.6% |
| 2022 | 7.43 million SLC per square kilometre | +1.9% |
| 2023 | 7.6 million SLC per square kilometre | +2.2% |
Vanuatu compared with similar countries
- Vanuatu's 7.6 million SLC per square kilometre is below the median for lower middle income countries, which is 9.71 million SLC per square kilometre, 78% of the median. (44 countries reporting)
- Vanuatu's 7.6 million SLC per square kilometre is above the median for East Asia & Pacific, which is 6.18 million SLC per square kilometre, 1.2× 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 | +34.6% | 1.3 million SLC per square kilometre | 1.76 million SLC per square kilometre |
| 1983 | +31.9% | 2.11 million SLC per square kilometre | 2.78 million SLC per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.55 million SLC per square kilometre | 1.06 million SLC per square kilometre | 2.07 million SLC per square kilometre | 10 |
| 1980s | 2.65 million SLC per square kilometre | 1.83 million SLC per square kilometre | 3.07 million SLC per square kilometre | 10 |
| 1990s | 3.9 million SLC per square kilometre | 3.22 million SLC per square kilometre | 4.35 million SLC per square kilometre | 10 |
| 2000s | 5.05 million SLC per square kilometre | 4.4 million SLC per square kilometre | 6.01 million SLC per square kilometre | 10 |
| 2010s | 6.81 million SLC per square kilometre | 6.09 million SLC per square kilometre | 7.8 million SLC per square kilometre | 10 |
| 2020s | 7.43 million SLC per square kilometre | 7.29 million SLC per square kilometre | 7.6 million SLC per square kilometre | 4 |
Countries ranked near Vanuatu
- 99 Gambia 8.25 million SLC per square kilometre compare
- 100 Poland 7.85 million SLC per square kilometre compare
- 101 Chad 7.68 million SLC per square kilometre compare
- 103 Niger 6.86 million SLC per square kilometre compare
- 104 Saint Vincent and the Grenadines 6.39 million SLC per square kilometre compare
- 105 Ireland 6.36 million SLC per square kilometre 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 7.6 million SLC per square kilometre in 2023, 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 7.8 million SLC per square kilometre in 2019.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Vanuatu?
- The lowest recorded value was 1.06 million SLC per square kilometre in 1970.
- How does Vanuatu rank for gross domestic product — value standard local currency, 2015 prices?
- Vanuatu ranks 102nd out of 194 countries with data for 2023.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Vanuatu?
- Over the last ten years it is up 19.3%. 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 square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 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 Land area (sq. km), 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 ÷ Land area (sq. km)
Computed from
- Gross Domestic Product — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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 Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.