Gross national expenditure (constant 2015 US$) in Vanuatu
Vanuatu: Gross national expenditure (constant 2015 US$) was 2.40 billion constant 2015 US$ in 2024. ▲ Rising
Gross national expenditure in Vanuatu, 2002–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Vanuatu recorded 2.40 billion constant 2015 US$ for gross national expenditure in 2024. That is the highest value across all 23 years on record.
The figure is up 9.5% on the previous year and up 146.7% over ten years.
Over the whole period, gross national expenditure in Vanuatu peaked at 2.40 billion constant 2015 US$ in 2024 and was at its lowest, 675.88 million constant 2015 US$, in 2002.
Vanuatu ranks 153rd of 163 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 23 years of available data.
Gross national expenditure (constant 2015 US$) in Vanuatu, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2002 | 675.88 million constant 2015 US$ | — |
| 2003 | 681.49 million constant 2015 US$ | +0.8% |
| 2004 | 713.33 million constant 2015 US$ | +4.7% |
| 2005 | 732.13 million constant 2015 US$ | +2.6% |
| 2006 | 777.03 million constant 2015 US$ | +6.1% |
| 2007 | 819.89 million constant 2015 US$ | +5.5% |
| 2008 | 883.30 million constant 2015 US$ | +7.7% |
| 2009 | 916.84 million constant 2015 US$ | +3.8% |
| 2010 | 932.60 million constant 2015 US$ | +1.7% |
| 2011 | 919.48 million constant 2015 US$ | -1.4% |
| 2012 | 918.83 million constant 2015 US$ | -0.1% |
| 2013 | 963.17 million constant 2015 US$ | +4.8% |
| 2014 | 973.04 million constant 2015 US$ | +1.0% |
| 2015 | 1.05 billion constant 2015 US$ | +8.1% |
| 2016 | 1.16 billion constant 2015 US$ | +9.8% |
| 2017 | 1.66 billion constant 2015 US$ | +43.6% |
| 2018 | 1.51 billion constant 2015 US$ | -9.2% |
| 2019 | 1.89 billion constant 2015 US$ | +25.2% |
| 2020 | 2.23 billion constant 2015 US$ | +17.9% |
| 2021 | 2.23 billion constant 2015 US$ | +0.1% |
| 2022 | 2.21 billion constant 2015 US$ | -0.8% |
| 2023 | 2.19 billion constant 2015 US$ | -0.7% |
| 2024 | 2.40 billion constant 2015 US$ | +9.5% |
Vanuatu compared with similar countries
- Vanuatu's 2.40 billion constant 2015 US$ is below the median for lower middle income countries, which is 21.15 billion constant 2015 US$, 11% of the median. (42 countries reporting)
- Vanuatu's 2.40 billion constant 2015 US$ is below the median for East Asia & Pacific, which is 24.21 billion constant 2015 US$, 10% of the median. (22 countries reporting)
Biggest year-on-year movements
Years where Gross national expenditure (constant 2015 US$) 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 |
|---|---|---|---|
| 2017 | +43.6% | 1.16 billion constant 2015 US$ | 1.66 billion constant 2015 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 774.99 million constant 2015 US$ | 675.88 million constant 2015 US$ | 916.84 million constant 2015 US$ | 8 |
| 2010s | 1.20 billion constant 2015 US$ | 918.83 million constant 2015 US$ | 1.89 billion constant 2015 US$ | 10 |
| 2020s | 2.25 billion constant 2015 US$ | 2.19 billion constant 2015 US$ | 2.40 billion constant 2015 US$ | 5 |
Countries ranked near Vanuatu
- 150 East Timor 2.76 billion constant 2015 US$ compare
- 151 Belize 2.65 billion constant 2015 US$ compare
- 152 Seychelles 2.44 billion constant 2015 US$ compare
- 154 Guinea-Bissau 2.06 billion constant 2015 US$ compare
- 155 Solomon Islands 2.00 billion constant 2015 US$ compare
- 156 Comoros 1.56 billion 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)
- 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 national expenditure in Vanuatu?
- Gross national expenditure in Vanuatu was 2.40 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross national expenditure recorded in Vanuatu?
- The highest recorded value was 2.40 billion constant 2015 US$ in 2024.
- What is the lowest gross national expenditure recorded in Vanuatu?
- The lowest recorded value was 675.88 million constant 2015 US$ in 2002.
- How does Vanuatu rank for gross national expenditure?
- Vanuatu ranks 153rd out of 163 countries with data for 2024.
- Is gross national expenditure rising or falling in Vanuatu?
- Over the last ten years it is up 146.7%. 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 national expenditure (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. 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.