Gross national expenditure in Vanuatu
Vanuatu: Gross national expenditure was 1.59 billion current US$ in 2024. ◆ Volatile
Latest (2024)
1.59 billion current US$
Change on year
up 10.5%
World rank
178th
of 186 countries
All-time high
1.61 billion current US$
in 2022
All-time low
124.13 million current US$
in 1983
Years of data
42
1983–2024
Gross national expenditure in Vanuatu, 1983–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2024, gross national expenditure in Vanuatu stood at 1.59 billion current US$.
That represents a change of up 10.5% on the previous year and up 72.4% over ten years.
Over the whole period, gross national expenditure in Vanuatu peaked at 1.61 billion current US$ in 2022 and was at its lowest, 124.13 million current US$, in 1983.
That places Vanuatu 178th out of 186 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure in Vanuatu, year by year
| Year | current US$ | Change |
|---|---|---|
| 1983 | 124.13 million current US$ | — |
| 1984 | 141.74 million current US$ | +14.2% |
| 1985 | 148.87 million current US$ | +5.0% |
| 1986 | 154.36 million current US$ | +3.7% |
| 1987 | 168.09 million current US$ | +8.9% |
| 1988 | 185.09 million current US$ | +10.1% |
| 1989 | 181.33 million current US$ | -2.0% |
| 1990 | 199.36 million current US$ | +9.9% |
| 1991 | 217.45 million current US$ | +9.1% |
| 1992 | 215.10 million current US$ | -1.1% |
| 1993 | 205.45 million current US$ | -4.5% |
| 1994 | 237.58 million current US$ | +15.6% |
| 1995 | 254.33 million current US$ | +7.0% |
| 1996 | 262.73 million current US$ | +3.3% |
| 1997 | 251.45 million current US$ | -4.3% |
| 1998 | 297.70 million current US$ | +18.4% |
| 1999 | 321.09 million current US$ | +7.9% |
| 2000 | 304.71 million current US$ | -5.1% |
| 2001 | 297.59 million current US$ | -2.3% |
| 2002 | 280.40 million current US$ | -5.8% |
| 2003 | 320.56 million current US$ | +14.3% |
| 2004 | 387.27 million current US$ | +20.8% |
| 2005 | 412.79 million current US$ | +6.6% |
| 2006 | 464.19 million current US$ | +12.5% |
| 2007 | 568.53 million current US$ | +22.5% |
| 2008 | 682.67 million current US$ | +20.1% |
| 2009 | 707.20 million current US$ | +3.6% |
| 2010 | 800.35 million current US$ | +13.2% |
| 2011 | 839.70 million current US$ | +4.9% |
| 2012 | 791.02 million current US$ | -5.8% |
| 2013 | 886.46 million current US$ | +12.1% |
| 2014 | 923.89 million current US$ | +4.2% |
| 2015 | 1.05 billion current US$ | +13.9% |
| 2016 | 1.06 billion current US$ | +1.1% |
| 2017 | 1.15 billion current US$ | +7.7% |
| 2018 | 1.18 billion current US$ | +2.8% |
| 2019 | 1.31 billion current US$ | +11.2% |
| 2020 | 1.40 billion current US$ | +7.2% |
| 2021 | 1.58 billion current US$ | +12.3% |
| 2022 | 1.61 billion current US$ | +2.0% |
| 2023 | 1.44 billion current US$ | -10.5% |
| 2024 | 1.59 billion current US$ | +10.5% |
Vanuatu compared with similar countries
- Vanuatu's 1.59 billion current US$ is below the median for lower middle income countries, which is 34.26 billion current US$, 5% of the median. (45 countries reporting)
- Vanuatu's 1.59 billion current US$ is below the median for East Asia & Pacific, which is 24.74 billion current US$, 6% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 157.66 million current US$ | 124.13 million current US$ | 185.09 million current US$ | 7 |
| 1990s | 246.23 million current US$ | 199.36 million current US$ | 321.09 million current US$ | 10 |
| 2000s | 442.59 million current US$ | 280.40 million current US$ | 707.20 million current US$ | 10 |
| 2010s | 999.19 million current US$ | 791.02 million current US$ | 1.31 billion current US$ | 10 |
| 2020s | 1.53 billion current US$ | 1.40 billion current US$ | 1.61 billion current US$ | 5 |
Countries ranked near Vanuatu
- 175 Syria 2.34 billion current US$
- 176 Comoros 2.22 billion current US$ compare
- 177 Solomon Islands 2.02 billion current US$ compare
- 179 Samoa 1.56 billion current US$ compare
- 180 San Marino 1.40 billion current US$ compare
- 181 Sao Tome and Principe 1.18 billion current 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$), annual growth rate -4.52 % change on previous year (2024)
Frequently asked questions
- What is gross national expenditure in Vanuatu?
- Gross national expenditure in Vanuatu was 1.59 billion current US$ 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 1.61 billion current US$ in 2022.
- What is the lowest gross national expenditure recorded in Vanuatu?
- The lowest recorded value was 124.13 million current US$ in 1983.
- How does Vanuatu rank for gross national expenditure?
- Vanuatu ranks 178th out of 186 countries with data for 2024.
- Is gross national expenditure rising or falling in Vanuatu?
- Over the last ten years it is up 72.4%. 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 Organizations and/or Central Banks, published as part of Gross national expenditure (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.