Gross fixed capital formation in Vanuatu
Vanuatu: Gross fixed capital formation was 280.36 million constant 2015 US$ in 2024. ▲ Rising
Gross fixed capital formation in Vanuatu, 2002–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Vanuatu recorded 280.36 million constant 2015 US$ for gross fixed capital formation in 2024. That is the highest value across all 23 years on record.
The figure is up 14.2% on the previous year and up 185.2% over ten years.
Over the whole period, gross fixed capital formation in Vanuatu peaked at 280.36 million constant 2015 US$ in 2024 and was at its lowest, 37.40 million constant 2015 US$, in 2003.
Vanuatu ranks 154th of 161 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 23 years of available data.
Gross fixed capital formation in Vanuatu, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2002 | 41.82 million constant 2015 US$ | — |
| 2003 | 37.40 million constant 2015 US$ | -10.6% |
| 2004 | 54.93 million constant 2015 US$ | +46.9% |
| 2005 | 59.22 million constant 2015 US$ | +7.8% |
| 2006 | 79.37 million constant 2015 US$ | +34.0% |
| 2007 | 96.21 million constant 2015 US$ | +21.2% |
| 2008 | 130.26 million constant 2015 US$ | +35.4% |
| 2009 | 128.91 million constant 2015 US$ | -1.0% |
| 2010 | 122.61 million constant 2015 US$ | -4.9% |
| 2011 | 98.83 million constant 2015 US$ | -19.4% |
| 2012 | 87.55 million constant 2015 US$ | -11.4% |
| 2013 | 102.46 million constant 2015 US$ | +17.0% |
| 2014 | 98.31 million constant 2015 US$ | -4.1% |
| 2015 | 198.75 million constant 2015 US$ | +102.2% |
| 2016 | 182.68 million constant 2015 US$ | -8.1% |
| 2017 | 209.37 million constant 2015 US$ | +14.6% |
| 2018 | 228.75 million constant 2015 US$ | +9.3% |
| 2019 | 187.66 million constant 2015 US$ | -18.0% |
| 2020 | 157.75 million constant 2015 US$ | -15.9% |
| 2021 | 153.54 million constant 2015 US$ | -2.7% |
| 2022 | 212.69 million constant 2015 US$ | +38.5% |
| 2023 | 245.44 million constant 2015 US$ | +15.4% |
| 2024 | 280.36 million constant 2015 US$ | +14.2% |
Vanuatu compared with similar countries
- Vanuatu's 280.36 million constant 2015 US$ is below the median for lower middle income countries, which is 5.11 billion constant 2015 US$, 5% of the median. (42 countries reporting)
- Vanuatu's 280.36 million constant 2015 US$ is below the median for East Asia & Pacific, which is 9.80 billion constant 2015 US$, 3% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 78.52 million constant 2015 US$ | 37.40 million constant 2015 US$ | 130.26 million constant 2015 US$ | 8 |
| 2010s | 151.70 million constant 2015 US$ | 87.55 million constant 2015 US$ | 228.75 million constant 2015 US$ | 10 |
| 2020s | 209.96 million constant 2015 US$ | 153.54 million constant 2015 US$ | 280.36 million constant 2015 US$ | 5 |
Countries ranked near Vanuatu
- 151 Solomon Islands 343.23 million constant 2015 US$ compare
- 152 Samoa 316.59 million constant 2015 US$ compare
- 153 San Marino 294.14 million constant 2015 US$ compare
- 155 Comoros 163.18 million constant 2015 US$ compare
- 156 Tonga 149.77 million constant 2015 US$ compare
- 157 Kiribati 90.99 million constant 2015 US$ 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$), annual growth rate -4.52 % change on previous year (2024)
Frequently asked questions
- What is gross fixed capital formation in Vanuatu?
- Gross fixed capital formation in Vanuatu was 280.36 million constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in Vanuatu?
- The highest recorded value was 280.36 million constant 2015 US$ in 2024.
- What is the lowest gross fixed capital formation recorded in Vanuatu?
- The lowest recorded value was 37.40 million constant 2015 US$ in 2003.
- How does Vanuatu rank for gross fixed capital formation?
- Vanuatu ranks 154th out of 161 countries with data for 2024.
- Is gross fixed capital formation rising or falling in Vanuatu?
- Over the last ten years it is up 185.2%. The long-run trend across the full record is rising.
- Where does this Vanuatu data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross fixed capital formation (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.