Gross Domestic Product — Value US$, annual growth rate (US annual) in Vanuatu
Vanuatu: Gross Domestic Product — Value US$, annual growth rate (US annual) was 3.1 % change on previous year in 2024. ◆ Volatile
Gross Domestic Product — Value US$, annual growth rate in Vanuatu, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross domestic product — value us$, annual growth rate in Vanuatu is 3.1 % change on previous year, measured in 2024.
Compared with earlier readings it is down 47.3% on the previous year and up 52.6% over ten years.
Over the whole period, gross domestic product — value us$, annual growth rate in Vanuatu peaked at 32.88 % change on previous year in 1972 and was at its lowest, -12.94 % change on previous year, in 1981.
That places Vanuatu 172nd out of 236 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$, annual growth rate (US annual) in Vanuatu, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 8.04 % change on previous year | — |
| 1972 | 32.88 % change on previous year | +308.8% |
| 1973 | 21.99 % change on previous year | -33.1% |
| 1974 | -0.2817 % change on previous year | -101.3% |
| 1975 | 20.98 % change on previous year | -7547.2% |
| 1976 | -3.41 % change on previous year | -116.3% |
| 1977 | 4.76 % change on previous year | -239.4% |
| 1978 | 22.04 % change on previous year | +363.2% |
| 1979 | 31.6 % change on previous year | +43.4% |
| 1980 | -4.89 % change on previous year | -115.5% |
| 1981 | -12.94 % change on previous year | +164.4% |
| 1982 | -0.6182 % change on previous year | -95.2% |
| 1983 | 6.67 % change on previous year | -1179.4% |
| 1984 | 21.73 % change on previous year | +225.7% |
| 1985 | -4.93 % change on previous year | -122.7% |
| 1986 | -2.87 % change on previous year | -41.7% |
| 1987 | 6.28 % change on previous year | -318.5% |
| 1988 | 17.77 % change on previous year | +183.0% |
| 1989 | -1.94 % change on previous year | -110.9% |
| 1990 | 8.52 % change on previous year | -538.2% |
| 1991 | 19.1 % change on previous year | +124.2% |
| 1992 | 4.31 % change on previous year | -77.4% |
| 1993 | 2.95 % change on previous year | -31.5% |
| 1994 | 9.64 % change on previous year | +226.3% |
| 1995 | 13.37 % change on previous year | +38.7% |
| 1996 | 3.93 % change on previous year | -70.6% |
| 1997 | 0.6847 % change on previous year | -82.6% |
| 1998 | -8.92 % change on previous year | -1403.1% |
| 1999 | 1.99 % change on previous year | -122.3% |
| 2000 | -0.0113 % change on previous year | -100.6% |
| 2001 | -3.78 % change on previous year | +33290.6% |
| 2002 | 3.63 % change on previous year | -196.1% |
| 2003 | 19.01 % change on previous year | +423.4% |
| 2004 | 16.07 % change on previous year | -15.5% |
| 2005 | 8.21 % change on previous year | -48.9% |
| 2006 | 11.25 % change on previous year | +37.0% |
| 2007 | 19.81 % change on previous year | +76.2% |
| 2008 | 12.22 % change on previous year | -38.3% |
| 2009 | 0.3172 % change on previous year | -97.4% |
| 2010 | 13.18 % change on previous year | +4053.9% |
| 2011 | 14.83 % change on previous year | +12.5% |
| 2012 | -2.9 % change on previous year | -119.5% |
| 2013 | 1.4 % change on previous year | -148.3% |
| 2014 | 2.03 % change on previous year | +45.3% |
| 2015 | -1.81 % change on previous year | -189.2% |
| 2016 | 5.88 % change on previous year | -424.1% |
| 2017 | 9.41 % change on previous year | +60.2% |
| 2018 | 3.94 % change on previous year | -58.1% |
| 2019 | 2.38 % change on previous year | -39.5% |
| 2020 | -2.89 % change on previous year | -221.5% |
| 2021 | 8.02 % change on previous year | -377.1% |
| 2022 | 7.56 % change on previous year | -5.8% |
| 2023 | 5.89 % change on previous year | -22.1% |
| 2024 | 3.1 % change on previous year | -47.3% |
Vanuatu compared with similar countries
- Vanuatu's 3.1 % change on previous year is below the median for lower middle income countries, which is 6.79 % change on previous year, 46% of the median. (44 countries reporting)
- Vanuatu's 3.1 % change on previous year is below the median for East Asia & Pacific, which is 5.25 % change on previous year, 59% of the median. (28 countries reporting)
Biggest year-on-year movements
Years where Gross Domestic Product — Value US$, annual growth rate (US annual) 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 |
|---|---|---|---|
| 2001 | -33290.6% | -0.0113 % change on previous year | -3.78 % change on previous year |
| 1975 | +7547.2% | -0.2817 % change on previous year | 20.98 % change on previous year |
| 2010 | +4053.9% | 0.3172 % change on previous year | 13.18 % change on previous year |
| 1998 | -1403.1% | 0.6847 % change on previous year | -8.92 % change on previous year |
| 1983 | +1179.4% | -0.6182 % change on previous year | 6.67 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 15.4 % change on previous year | -3.41 % change on previous year | 32.88 % change on previous year | 9 |
| 1980s | 2.43 % change on previous year | -12.94 % change on previous year | 21.73 % change on previous year | 10 |
| 1990s | 5.56 % change on previous year | -8.92 % change on previous year | 19.1 % change on previous year | 10 |
| 2000s | 8.67 % change on previous year | -3.78 % change on previous year | 19.81 % change on previous year | 10 |
| 2010s | 4.83 % change on previous year | -2.9 % change on previous year | 14.83 % change on previous year | 10 |
| 2020s | 4.34 % change on previous year | -2.89 % change on previous year | 8.02 % change on previous year | 5 |
Countries ranked near Vanuatu
- 169 Dominican Republic 3.18 % change on previous year compare
- 170 Canada 3.12 % change on previous year compare
- 171 Paraguay 3.11 % change on previous year compare
- 173 Belgium 3.09 % change on previous year compare
- 174 San Marino 3.08 % change on previous year compare
- 175 Angola 2.99 % change on previous year compare
More economy & growth data for Vanuatu
- Real gdp growth, annual growth rate -35.4 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate -3.47 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0163 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 65.88 units per person (2025)
- SDRs holdings, SDR, annual growth rate -8.08 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0119 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 48.11 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product — value us$, annual growth rate in Vanuatu?
- Gross domestic product — value us$, annual growth rate in Vanuatu was 3.1 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value us$, annual growth rate recorded in Vanuatu?
- The highest recorded value was 32.88 % change on previous year in 1972.
- What is the lowest gross domestic product — value us$, annual growth rate recorded in Vanuatu?
- The lowest recorded value was -12.94 % change on previous year in 1981.
- How does Vanuatu rank for gross domestic product — value us$, annual growth rate?
- Vanuatu ranks 172nd out of 236 countries with data for 2024.
- Is gross domestic product — value us$, annual growth rate rising or falling in Vanuatu?
- Over the last ten years it is up 52.6%. The long-run trend across the full record is volatile.
- Where does this Vanuatu data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value US$, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross Domestic Product — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product — Value US$ Food and Agriculture Organization of the United Nations
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
The year-on-year percentage change in Gross Domestic Product — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.