Gross fixed capital formation in Vanuatu
Vanuatu: Gross fixed capital formation was 24.4% in 2024. ▬ Flat
Gross fixed capital formation in Vanuatu, 1983–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
The most recent figure for gross fixed capital formation in Vanuatu is 24.4%, measured in 2024.
Compared with earlier readings it is up 18.2% on the previous year and up 62.5% over ten years.
Over the whole period, gross fixed capital formation in Vanuatu peaked at 40.4% in 2008 and was at its lowest, 14.2%, in 2019.
Vanuatu ranks 62nd of 180 countries on this measure, in the middle of the range.
Gross fixed capital formation in Vanuatu, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1983 | 18.4% | — |
| 1984 | 17.6% | -4.1% |
| 1985 | 19.2% | +8.8% |
| 1986 | 21.9% | +14.5% |
| 1987 | 27.8% | +26.6% |
| 1988 | 26.0% | -6.6% |
| 1989 | 30.5% | +17.6% |
| 1990 | 29.6% | -3.1% |
| 1991 | 21.4% | -27.7% |
| 1992 | 19.2% | -10.2% |
| 1993 | 18.7% | -2.5% |
| 1994 | 21.5% | +14.5% |
| 1995 | 21.7% | +1.3% |
| 1996 | 18.6% | -14.3% |
| 1997 | 16.9% | -9.3% |
| 1998 | 16.8% | -0.9% |
| 1999 | 18.6% | +10.7% |
| 2000 | 19.2% | +3.4% |
| 2001 | 18.4% | -4.3% |
| 2002 | 19.0% | +3.5% |
| 2003 | 16.2% | -14.6% |
| 2004 | 22.6% | +39.0% |
| 2005 | 23.4% | +3.8% |
| 2006 | 27.5% | +17.5% |
| 2007 | 31.9% | +15.9% |
| 2008 | 40.4% | +26.6% |
| 2009 | 39.9% | -1.1% |
| 2010 | 35.4% | -11.4% |
| 2011 | 26.9% | -23.9% |
| 2012 | 23.3% | -13.3% |
| 2013 | 16.4% | -29.8% |
| 2014 | 15.0% | -8.5% |
| 2015 | 23.2% | +55.0% |
| 2016 | 25.5% | +9.7% |
| 2017 | 25.8% | +1.2% |
| 2018 | 20.6% | -20.0% |
| 2019 | 14.2% | -31.1% |
| 2020 | 16.4% | +15.2% |
| 2021 | 15.1% | -7.4% |
| 2022 | 19.2% | +26.9% |
| 2023 | 20.6% | +7.2% |
| 2024 | 24.4% | +18.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 23.1% | 17.6% | 30.5% | 7 |
| 1990s | 20.3% | 16.8% | 29.6% | 10 |
| 2000s | 25.8% | 16.2% | 40.4% | 10 |
| 2010s | 22.6% | 14.2% | 35.4% | 10 |
| 2020s | 19.1% | 15.1% | 24.4% | 5 |
Countries ranked near Vanuatu
- 59 Dominican Republic 24.9% compare
- 60 Gabon 24.8% compare
- 61 Nicaragua 24.6% compare
- 63 Bosnia and Herzegovina 24.4% compare
- 64 Australia 24.3% compare
- 65 Kazakhstan 24.3% 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)
- Industry (including construction), value added (constant 2015 US$) 11.01 % change on previous year (2024)
- Industry (including construction), value added (constant 2015 US$) 0.1111 constant 2015 US$ per US$ of GDP (2024)
- Industry (including construction), value added (constant 2015 US$) 439.9 constant 2015 US$ per person (2024)
- Industry (including construction), value added (constant LCU), annual 11.01 % change on previous year (2024)
- Industry (including construction), value added (constant LCU), per 11.99 constant LCU per US$ of GDP (2024)
- Industry (including construction), value added (constant LCU), per 47,480 constant LCU per person (2024)
- Services, value added (current US$), annual growth rate 6.95 % change on previous year (2024)
- Services, value added (current US$), per unit of GDP 0.5676 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross fixed capital formation in Vanuatu?
- Gross fixed capital formation in Vanuatu was 24.4% 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 40.4% in 2008.
- What is the lowest gross fixed capital formation recorded in Vanuatu?
- The lowest recorded value was 14.2% in 2019.
- How does Vanuatu rank for gross fixed capital formation?
- Vanuatu ranks 62nd out of 180 countries with data for 2024.
- Is gross fixed capital formation rising or falling in Vanuatu?
- Over the last ten years it is up 62.5%. The long-run trend across the full record is flat.
- 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.