Gross Domestic Product — Value US$ in Vanuatu
Vanuatu: Gross Domestic Product — Value US$ was 1,154 million USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$ in Vanuatu, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Vanuatu recorded 1,154 million USD for gross domestic product — value us$ in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 3.1% on the previous year and up 49.1% over ten years.
Over the whole period, gross domestic product — value us$ in Vanuatu peaked at 1,154 million USD in 2024 and was at its lowest, 38.01 million USD, in 1970.
Vanuatu ranks 221st of 236 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$ in Vanuatu, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 38.01 million USD | — |
| 1971 | 41.07 million USD | +8.0% |
| 1972 | 54.57 million USD | +32.9% |
| 1973 | 66.57 million USD | +22.0% |
| 1974 | 66.38 million USD | -0.3% |
| 1975 | 80.3 million USD | +21.0% |
| 1976 | 77.56 million USD | -3.4% |
| 1977 | 81.25 million USD | +4.8% |
| 1978 | 99.16 million USD | +22.0% |
| 1979 | 130.49 million USD | +31.6% |
| 1980 | 124.11 million USD | -4.9% |
| 1981 | 108.05 million USD | -12.9% |
| 1982 | 107.39 million USD | -0.6% |
| 1983 | 114.55 million USD | +6.7% |
| 1984 | 139.45 million USD | +21.7% |
| 1985 | 132.57 million USD | -4.9% |
| 1986 | 128.76 million USD | -2.9% |
| 1987 | 136.84 million USD | +6.3% |
| 1988 | 161.15 million USD | +17.8% |
| 1989 | 158.02 million USD | -1.9% |
| 1990 | 171.48 million USD | +8.5% |
| 1991 | 204.24 million USD | +19.1% |
| 1992 | 213.04 million USD | +4.3% |
| 1993 | 219.34 million USD | +3.0% |
| 1994 | 240.48 million USD | +9.6% |
| 1995 | 272.63 million USD | +13.4% |
| 1996 | 283.35 million USD | +3.9% |
| 1997 | 285.29 million USD | +0.7% |
| 1998 | 259.83 million USD | -8.9% |
| 1999 | 265 million USD | +2.0% |
| 2000 | 264.98 million USD | -0.0% |
| 2001 | 254.96 million USD | -3.8% |
| 2002 | 264.22 million USD | +3.6% |
| 2003 | 314.45 million USD | +19.0% |
| 2004 | 365 million USD | +16.1% |
| 2005 | 394.96 million USD | +8.2% |
| 2006 | 439.38 million USD | +11.2% |
| 2007 | 526.43 million USD | +19.8% |
| 2008 | 590.75 million USD | +12.2% |
| 2009 | 592.62 million USD | +0.3% |
| 2010 | 670.71 million USD | +13.2% |
| 2011 | 770.15 million USD | +14.8% |
| 2012 | 747.84 million USD | -2.9% |
| 2013 | 758.3 million USD | +1.4% |
| 2014 | 773.72 million USD | +2.0% |
| 2015 | 759.69 million USD | -1.8% |
| 2016 | 804.32 million USD | +5.9% |
| 2017 | 880.04 million USD | +9.4% |
| 2018 | 914.73 million USD | +3.9% |
| 2019 | 936.53 million USD | +2.4% |
| 2020 | 909.42 million USD | -2.9% |
| 2021 | 982.36 million USD | +8.0% |
| 2022 | 1,057 million USD | +7.6% |
| 2023 | 1,119 million USD | +5.9% |
| 2024 | 1,154 million USD | +3.1% |
Vanuatu compared with similar countries
- Vanuatu's 1,154 million USD is below the median for lower middle income countries, which is 26,175 million USD, 4% of the median. (44 countries reporting)
- Vanuatu's 1,154 million USD is below the median for East Asia & Pacific, which is 15,030 million USD, 8% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 73.54 million USD | 38.01 million USD | 130.49 million USD | 10 |
| 1980s | 131.09 million USD | 107.39 million USD | 161.15 million USD | 10 |
| 1990s | 241.47 million USD | 171.48 million USD | 285.29 million USD | 10 |
| 2000s | 400.77 million USD | 254.96 million USD | 592.62 million USD | 10 |
| 2010s | 801.6 million USD | 670.71 million USD | 936.53 million USD | 10 |
| 2020s | 1,044 million USD | 909.42 million USD | 1,154 million USD | 5 |
Countries ranked near Vanuatu
- 218 Grenada 1,384 million USD compare
- 219 Samoa 1,180 million USD compare
- 220 Saint Vincent and the Grenadines 1,177 million USD compare
- 222 Saint Kitts and Nevis 1,068 million USD compare
- 223 Sao Tome and Principe 787.89 million USD compare
- 224 Dominica 680.06 million USD 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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0198 units per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product — value us$ in Vanuatu?
- Gross domestic product — value us$ in Vanuatu was 1,154 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$ recorded in Vanuatu?
- The highest recorded value was 1,154 million USD in 2024.
- What is the lowest gross domestic product — value us$ recorded in Vanuatu?
- The lowest recorded value was 38.01 million USD in 1970.
- How does Vanuatu rank for gross domestic product — value us$?
- Vanuatu ranks 221st out of 236 countries with data for 2024.
- Is gross domestic product — value us$ rising or falling in Vanuatu?
- Over the last ten years it is up 49.1%. The long-run trend across the full record is volatile.
- 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 US$. 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).