Gross fixed capital formation in Vanuatu
Vanuatu: Gross fixed capital formation was 316.29 million current US$ in 2024. ◆ Volatile
Gross fixed capital formation in Vanuatu, 1983–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Vanuatu recorded 316.29 million current US$ for gross fixed capital formation in 2024. That is the highest value across all 42 years on record.
The figure is up 29.2% on the previous year and up 139.9% over ten years.
Over the whole period, gross fixed capital formation in Vanuatu peaked at 316.29 million current US$ in 2024 and was at its lowest, 21.56 million current US$, in 1983.
That places Vanuatu 172nd out of 181 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation in Vanuatu, year by year
| Year | current US$ | Change |
|---|---|---|
| 1983 | 21.56 million current US$ | — |
| 1984 | 25.44 million current US$ | +18.0% |
| 1985 | 25.27 million current US$ | -0.7% |
| 1986 | 27.76 million current US$ | +9.9% |
| 1987 | 38.75 million current US$ | +39.6% |
| 1988 | 41.11 million current US$ | +6.1% |
| 1989 | 47.03 million current US$ | +14.4% |
| 1990 | 50.00 million current US$ | +6.3% |
| 1991 | 43.11 million current US$ | -13.8% |
| 1992 | 40.21 million current US$ | -6.7% |
| 1993 | 37.58 million current US$ | -6.5% |
| 1994 | 50.16 million current US$ | +33.5% |
| 1995 | 54.21 million current US$ | +8.1% |
| 1996 | 48.70 million current US$ | -10.2% |
| 1997 | 46.11 million current US$ | -5.3% |
| 1998 | 43.96 million current US$ | -4.7% |
| 1999 | 49.72 million current US$ | +13.1% |
| 2000 | 52.17 million current US$ | +4.9% |
| 2001 | 47.35 million current US$ | -9.2% |
| 2002 | 49.89 million current US$ | +5.3% |
| 2003 | 51.04 million current US$ | +2.3% |
| 2004 | 82.35 million current US$ | +61.3% |
| 2005 | 92.48 million current US$ | +12.3% |
| 2006 | 120.90 million current US$ | +30.7% |
| 2007 | 164.63 million current US$ | +36.2% |
| 2008 | 238.39 million current US$ | +44.8% |
| 2009 | 236.61 million current US$ | -0.7% |
| 2010 | 237.19 million current US$ | +0.2% |
| 2011 | 207.26 million current US$ | -12.6% |
| 2012 | 174.58 million current US$ | -15.8% |
| 2013 | 141.54 million current US$ | -18.9% |
| 2014 | 131.83 million current US$ | -6.9% |
| 2015 | 198.75 million current US$ | +50.8% |
| 2016 | 231.65 million current US$ | +16.6% |
| 2017 | 257.57 million current US$ | +11.2% |
| 2018 | 213.47 million current US$ | -17.1% |
| 2019 | 150.85 million current US$ | -29.3% |
| 2020 | 166.49 million current US$ | +10.4% |
| 2021 | 165.67 million current US$ | -0.5% |
| 2022 | 221.40 million current US$ | +33.6% |
| 2023 | 244.89 million current US$ | +10.6% |
| 2024 | 316.29 million current US$ | +29.2% |
Vanuatu compared with similar countries
- Vanuatu's 316.29 million current US$ is below the median for lower middle income countries, which is 5.47 billion current US$, 6% of the median. (45 countries reporting)
- Vanuatu's 316.29 million current US$ is below the median for East Asia & Pacific, which is 6.21 billion current US$, 5% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 32.42 million current US$ | 21.56 million current US$ | 47.03 million current US$ | 7 |
| 1990s | 46.38 million current US$ | 37.58 million current US$ | 54.21 million current US$ | 10 |
| 2000s | 113.58 million current US$ | 47.35 million current US$ | 238.39 million current US$ | 10 |
| 2010s | 194.47 million current US$ | 131.83 million current US$ | 257.57 million current US$ | 10 |
| 2020s | 222.95 million current US$ | 165.67 million current US$ | 316.29 million current US$ | 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)
- 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$), annual growth rate -4.52 % change on previous year (2024)
Frequently asked questions
- What is gross fixed capital formation in Vanuatu?
- Gross fixed capital formation in Vanuatu was 316.29 million current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross fixed capital formation recorded in Vanuatu?
- The highest recorded value was 316.29 million current US$ in 2024.
- What is the lowest gross fixed capital formation recorded in Vanuatu?
- The lowest recorded value was 21.56 million current US$ in 1983.
- How does Vanuatu rank for gross fixed capital formation?
- Vanuatu ranks 172nd out of 181 countries with data for 2024.
- Is gross fixed capital formation rising or falling in Vanuatu?
- Over the last ten years it is up 139.9%. The long-run trend across the full record is volatile.
- Where does this Vanuatu data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross fixed capital formation (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.