Gross Domestic Product — Value Standard Local Currency, 2015 prices in Vanuatu
Vanuatu: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 96,266 million SLC in 2024. ▲ Rising
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Vanuatu, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for gross domestic product — value standard local currency, 2015 prices in Vanuatu is 96,266 million SLC, measured in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 4.0% on the previous year and up 20.9% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Vanuatu peaked at 96,266 million SLC in 2024 and was at its lowest, 12,898 million SLC, in 1970.
Vanuatu ranks 126th of 194 countries on this measure, 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 | Change |
|---|---|---|
| 1970 | 12,898 million SLC | — |
| 1971 | 13,236 million SLC | +2.6% |
| 1972 | 13,604 million SLC | +2.8% |
| 1973 | 15,907 million SLC | +16.9% |
| 1974 | 21,404 million SLC | +34.6% |
| 1975 | 20,422 million SLC | -4.6% |
| 1976 | 20,821 million SLC | +2.0% |
| 1977 | 20,621 million SLC | -1.0% |
| 1978 | 24,245 million SLC | +17.6% |
| 1979 | 25,182 million SLC | +3.9% |
| 1980 | 22,295 million SLC | -11.5% |
| 1981 | 23,222 million SLC | +4.2% |
| 1982 | 25,698 million SLC | +10.7% |
| 1983 | 33,895 million SLC | +31.9% |
| 1984 | 36,220 million SLC | +6.9% |
| 1985 | 36,620 million SLC | +1.1% |
| 1986 | 35,876 million SLC | -2.0% |
| 1987 | 36,029 million SLC | +0.4% |
| 1988 | 36,233 million SLC | +0.6% |
| 1989 | 37,475 million SLC | +3.4% |
| 1990 | 39,265 million SLC | +4.8% |
| 1991 | 44,027 million SLC | +12.1% |
| 1992 | 43,706 million SLC | -0.7% |
| 1993 | 45,673 million SLC | +4.5% |
| 1994 | 46,836 million SLC | +2.5% |
| 1995 | 49,026 million SLC | +4.7% |
| 1996 | 50,282 million SLC | +2.6% |
| 1997 | 51,474 million SLC | +2.4% |
| 1998 | 52,573 million SLC | +2.1% |
| 1999 | 52,988 million SLC | +0.8% |
| 2000 | 55,750 million SLC | +5.2% |
| 2001 | 54,606 million SLC | -2.1% |
| 2002 | 53,689 million SLC | -1.7% |
| 2003 | 55,104 million SLC | +2.6% |
| 2004 | 57,302 million SLC | +4.0% |
| 2005 | 60,340 million SLC | +5.3% |
| 2006 | 65,445 million SLC | +8.5% |
| 2007 | 68,833 million SLC | +5.2% |
| 2008 | 71,099 million SLC | +3.3% |
| 2009 | 73,258 million SLC | +3.0% |
| 2010 | 74,180 million SLC | +1.3% |
| 2011 | 76,509 million SLC | +3.1% |
| 2012 | 77,282 million SLC | +1.0% |
| 2013 | 77,640 million SLC | +0.5% |
| 2014 | 79,640 million SLC | +2.6% |
| 2015 | 82,798 million SLC | +4.0% |
| 2016 | 85,672 million SLC | +3.5% |
| 2017 | 89,453 million SLC | +4.4% |
| 2018 | 92,047 million SLC | +2.9% |
| 2019 | 95,031 million SLC | +3.2% |
| 2020 | 90,286 million SLC | -5.0% |
| 2021 | 88,885 million SLC | -1.6% |
| 2022 | 90,587 million SLC | +1.9% |
| 2023 | 92,593 million SLC | +2.2% |
| 2024 | 96,266 million SLC | +4.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 18,834 million SLC | 12,898 million SLC | 25,182 million SLC | 10 |
| 1980s | 32,356 million SLC | 22,295 million SLC | 37,475 million SLC | 10 |
| 1990s | 47,585 million SLC | 39,265 million SLC | 52,988 million SLC | 10 |
| 2000s | 61,543 million SLC | 53,689 million SLC | 73,258 million SLC | 10 |
| 2010s | 83,025 million SLC | 74,180 million SLC | 95,031 million SLC | 10 |
| 2020s | 91,723 million SLC | 88,885 million SLC | 96,266 million SLC | 5 |
Countries ranked near Vanuatu
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)
- Imports of goods and services (constant 2015 US$), annual growth rate 6.3 % change on previous year (2024)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.4368 constant 2015 US$ per US$ of GDP (2024)
- Imports of goods and services (constant 2015 US$), per capita 1,730 constant 2015 US$ per person (2024)
- External balance on goods and services (current US$), annual growth -16.22 % change on previous year (2024)
- External balance on goods and services (current LCU), annual growth -16.27 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), annual 13.93 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 31.73 current LCU per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 125,649 current LCU per person (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 96,266 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Vanuatu?
- The highest recorded value was 96,266 million SLC in 2024.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Vanuatu?
- The lowest recorded value was 12,898 million SLC in 1970.
- How does Vanuatu rank for gross domestic product — value standard local currency, 2015 prices?
- Vanuatu ranks 126th 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 up 20.9%. The long-run trend across the full record is rising.
- Where does this Vanuatu data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).