Gross Domestic Product — Value Standard Local Currency, 2015 prices in Vanuatu
Vanuatu: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 0.0001 million SLC per US$ of GDP in 2024. ▼ Falling
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Vanuatu, 1979–2024
Source: Statizoid (derived). Measured in million SLC per US$ of GDP.
Analysis
In 2024, gross domestic product — value standard local currency, 2015 prices in Vanuatu stood at 0.0001 million SLC per US$ of GDP. That is the lowest value across all 46 years on record.
That represents a change of down 4.8% on the previous year and down 18.1% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Vanuatu peaked at 0.0003 million SLC per US$ of GDP in 1983 and was at its lowest, 0.0001 million SLC per US$ of GDP, in 2024.
Vanuatu ranks 55th of 193 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 46 years of available data.
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Vanuatu, year by year
| Year | million SLC per US$ of GDP | Change |
|---|---|---|
| 1979 | 0.0002 million SLC per US$ of GDP | — |
| 1980 | 0.0002 million SLC per US$ of GDP | -12.9% |
| 1981 | 0.0002 million SLC per US$ of GDP | +10.9% |
| 1982 | 0.0002 million SLC per US$ of GDP | +10.0% |
| 1983 | 0.0003 million SLC per US$ of GDP | +28.7% |
| 1984 | 0.0003 million SLC per US$ of GDP | -13.2% |
| 1985 | 0.0003 million SLC per US$ of GDP | +10.8% |
| 1986 | 0.0003 million SLC per US$ of GDP | +2.1% |
| 1987 | 0.0003 million SLC per US$ of GDP | -8.9% |
| 1988 | 0.0002 million SLC per US$ of GDP | -11.4% |
| 1989 | 0.0002 million SLC per US$ of GDP | +6.3% |
| 1990 | 0.0002 million SLC per US$ of GDP | -4.4% |
| 1991 | 0.0002 million SLC per US$ of GDP | -5.9% |
| 1992 | 0.0002 million SLC per US$ of GDP | -4.4% |
| 1993 | 0.0002 million SLC per US$ of GDP | +9.0% |
| 1994 | 0.0002 million SLC per US$ of GDP | -12.0% |
| 1995 | 0.0002 million SLC per US$ of GDP | -1.9% |
| 1996 | 0.0002 million SLC per US$ of GDP | -2.2% |
| 1997 | 0.0002 million SLC per US$ of GDP | -1.9% |
| 1998 | 0.0002 million SLC per US$ of GDP | +6.2% |
| 1999 | 0.0002 million SLC per US$ of GDP | -1.4% |
| 2000 | 0.0002 million SLC per US$ of GDP | +3.7% |
| 2001 | 0.0002 million SLC per US$ of GDP | +3.3% |
| 2002 | 0.0002 million SLC per US$ of GDP | -3.4% |
| 2003 | 0.0002 million SLC per US$ of GDP | -14.3% |
| 2004 | 0.0002 million SLC per US$ of GDP | -10.4% |
| 2005 | 0.0002 million SLC per US$ of GDP | -2.7% |
| 2006 | 0.0001 million SLC per US$ of GDP | -2.5% |
| 2007 | 0.0001 million SLC per US$ of GDP | -10.5% |
| 2008 | 0.0001 million SLC per US$ of GDP | -9.7% |
| 2009 | 0.0001 million SLC per US$ of GDP | +2.7% |
| 2010 | 0.0001 million SLC per US$ of GDP | -10.5% |
| 2011 | 0.0001 million SLC per US$ of GDP | -10.2% |
| 2012 | 0.0001 million SLC per US$ of GDP | +4.0% |
| 2013 | 0.0001 million SLC per US$ of GDP | -13.0% |
| 2014 | 0.0001 million SLC per US$ of GDP | +0.7% |
| 2015 | 0.0001 million SLC per US$ of GDP | +6.9% |
| 2016 | 0.0001 million SLC per US$ of GDP | -2.6% |
| 2017 | 0.0001 million SLC per US$ of GDP | -5.0% |
| 2018 | 0.0001 million SLC per US$ of GDP | -0.7% |
| 2019 | 0.0001 million SLC per US$ of GDP | +0.6% |
| 2020 | 0.0001 million SLC per US$ of GDP | -0.9% |
| 2021 | 0.0001 million SLC per US$ of GDP | -8.4% |
| 2022 | 0.0001 million SLC per US$ of GDP | -3.2% |
| 2023 | 0.0001 million SLC per US$ of GDP | -0.9% |
| 2024 | 0.0001 million SLC per US$ of GDP | -4.8% |
Vanuatu compared with similar countries
- Vanuatu's 0.0001 million SLC per US$ of GDP is above the median for lower middle income countries, which is 0.0001 million SLC per US$ of GDP, 1.3× the median. (44 countries reporting)
- Vanuatu's 0.0001 million SLC per US$ of GDP is above the median for East Asia & Pacific, which is 0 million SLC per US$ of GDP, 23.5× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0002 million SLC per US$ of GDP | 0.0002 million SLC per US$ of GDP | 0.0002 million SLC per US$ of GDP | 1 |
| 1980s | 0.0002 million SLC per US$ of GDP | 0.0002 million SLC per US$ of GDP | 0.0003 million SLC per US$ of GDP | 10 |
| 1990s | 0.0002 million SLC per US$ of GDP | 0.0002 million SLC per US$ of GDP | 0.0002 million SLC per US$ of GDP | 10 |
| 2000s | 0.0002 million SLC per US$ of GDP | 0.0001 million SLC per US$ of GDP | 0.0002 million SLC per US$ of GDP | 10 |
| 2010s | 0.0001 million SLC per US$ of GDP | 0.0001 million SLC per US$ of GDP | 0.0001 million SLC per US$ of GDP | 10 |
| 2020s | 0.0001 million SLC per US$ of GDP | 0.0001 million SLC per US$ of GDP | 0.0001 million SLC per US$ of GDP | 5 |
Countries ranked near Vanuatu
- 52 Algeria 0.0001 million SLC per US$ of GDP compare
- 53 Nepal 0.0001 million SLC per US$ of GDP compare
- 54 Jamaica 0.0001 million SLC per US$ of GDP compare
- 56 Albania 0.0001 million SLC per US$ of GDP compare
- 57 Bangladesh 0.0001 million SLC per US$ of GDP compare
- 58 Serbia 0.0001 million SLC per US$ of GDP 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$), annual growth rate -4.52 % change on previous year (2024)
Frequently asked questions
- What is gross domestic product — value standard local currency, 2015 prices in Vanuatu?
- Gross domestic product — value standard local currency, 2015 prices in Vanuatu was 0.0001 million SLC per US$ of GDP 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 0.0003 million SLC per US$ of GDP in 1983.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Vanuatu?
- The lowest recorded value was 0.0001 million SLC per US$ of GDP in 2024.
- How does Vanuatu rank for gross domestic product — value standard local currency, 2015 prices?
- Vanuatu ranks 55th out of 193 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 18.1%. The long-run trend across the full record is falling.
- 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 unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross Domestic Product — Value Standard Local Currency, 2015 prices divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Domestic Product — Value Standard Local Currency, 2015 prices ÷ GDP (current US$)
Computed from
- Gross Domestic Product — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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 GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.