Gross National Income — Value Standard Local Currency, annual growth in Vanuatu
Vanuatu: Gross National Income — Value Standard Local Currency, annual growth was 7.77 % change on previous year in 2023. ◆ Volatile
Gross National Income — Value Standard Local Currency, annual growth in Vanuatu, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross national income — value standard local currency, annual growth in Vanuatu is 7.77 % change on previous year, measured in 2023.
The figure is down 45.7% on the previous year and up 38.7% over ten years.
Over the whole period, gross national income — value standard local currency, annual growth in Vanuatu peaked at 34.56 % change on previous year in 1974 and was at its lowest, -4.85 % change on previous year, in 1980.
That places Vanuatu 133rd out of 231 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross National Income — Value Standard Local Currency, annual growth in Vanuatu, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 2.62 % change on previous year | — |
| 1972 | 2.78 % change on previous year | +6.3% |
| 1973 | 16.93 % change on previous year | +508.1% |
| 1974 | 34.56 % change on previous year | +104.1% |
| 1975 | -4.59 % change on previous year | -113.3% |
| 1976 | 1.95 % change on previous year | -142.6% |
| 1977 | -0.9588 % change on previous year | -149.0% |
| 1978 | 17.57 % change on previous year | -1932.7% |
| 1979 | 4.58 % change on previous year | -73.9% |
| 1980 | -4.85 % change on previous year | -205.9% |
| 1981 | 10.27 % change on previous year | -311.6% |
| 1982 | 10.01 % change on previous year | -2.5% |
| 1983 | 24.58 % change on previous year | +145.5% |
| 1984 | 23.69 % change on previous year | -3.6% |
| 1985 | 8.34 % change on previous year | -64.8% |
| 1986 | -1.9 % change on previous year | -122.8% |
| 1987 | -1.19 % change on previous year | -37.4% |
| 1988 | 16.29 % change on previous year | -1468.9% |
| 1989 | 15.93 % change on previous year | -2.2% |
| 1990 | 13.48 % change on previous year | -15.4% |
| 1991 | -1.32 % change on previous year | -109.8% |
| 1992 | 2.53 % change on previous year | -291.1% |
| 1993 | 8.63 % change on previous year | +241.0% |
| 1994 | 4.06 % change on previous year | -52.9% |
| 1995 | 11.5 % change on previous year | +182.9% |
| 1996 | 5.07 % change on previous year | -55.9% |
| 1997 | 5.19 % change on previous year | +2.3% |
| 1998 | 2.12 % change on previous year | -59.1% |
| 1999 | 8.37 % change on previous year | +294.2% |
| 2000 | 3.5 % change on previous year | -58.2% |
| 2001 | 4.59 % change on previous year | +31.1% |
| 2002 | -3.83 % change on previous year | -183.4% |
| 2003 | 4.69 % change on previous year | -222.6% |
| 2004 | 5.87 % change on previous year | +25.1% |
| 2005 | 4.12 % change on previous year | -29.8% |
| 2006 | 15.03 % change on previous year | +264.6% |
| 2007 | 10.18 % change on previous year | -32.3% |
| 2008 | 19.64 % change on previous year | +92.9% |
| 2009 | 2.47 % change on previous year | -87.4% |
| 2010 | 5.06 % change on previous year | +104.9% |
| 2011 | 4.97 % change on previous year | -1.8% |
| 2012 | 1.17 % change on previous year | -76.4% |
| 2013 | 5.61 % change on previous year | +378.1% |
| 2014 | 5.39 % change on previous year | -3.9% |
| 2015 | 8.35 % change on previous year | +55.0% |
| 2016 | 5.84 % change on previous year | -30.0% |
| 2017 | 6.66 % change on previous year | +13.9% |
| 2018 | 9 % change on previous year | +35.2% |
| 2019 | 18.43 % change on previous year | +104.8% |
| 2020 | -4.82 % change on previous year | -126.2% |
| 2021 | 5.24 % change on previous year | -208.7% |
| 2022 | 14.32 % change on previous year | +173.1% |
| 2023 | 7.77 % change on previous year | -45.7% |
Biggest year-on-year movements
Years where Gross National Income — Value Standard Local Currency, annual growth 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 |
|---|---|---|---|
| 1978 | +1932.7% | -0.9588 % change on previous year | 17.57 % change on previous year |
| 1988 | +1468.9% | -1.19 % change on previous year | 16.29 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.38 % change on previous year | -4.59 % change on previous year | 34.56 % change on previous year | 9 |
| 1980s | 10.12 % change on previous year | -4.85 % change on previous year | 24.58 % change on previous year | 10 |
| 1990s | 5.96 % change on previous year | -1.32 % change on previous year | 13.48 % change on previous year | 10 |
| 2000s | 6.63 % change on previous year | -3.83 % change on previous year | 19.64 % change on previous year | 10 |
| 2010s | 7.05 % change on previous year | 1.17 % change on previous year | 18.43 % change on previous year | 10 |
| 2020s | 5.63 % change on previous year | -4.82 % change on previous year | 14.32 % change on previous year | 4 |
Countries ranked near Vanuatu
- 130 Colombia 7.97 % change on previous year compare
- 131 Mexico 7.97 % change on previous year compare
- 132 Greece 7.95 % change on previous year compare
- 134 Somalia 7.57 % change on previous year compare
- 135 Latvia 7.54 % change on previous year compare
- 136 Grenada 7.45 % change on previous year 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 income — value standard local currency, annual growth in Vanuatu?
- Gross national income — value standard local currency, annual growth in Vanuatu was 7.77 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross national income — value standard local currency, annual growth recorded in Vanuatu?
- The highest recorded value was 34.56 % change on previous year in 1974.
- What is the lowest gross national income — value standard local currency, annual growth recorded in Vanuatu?
- The lowest recorded value was -4.85 % change on previous year in 1980.
- How does Vanuatu rank for gross national income — value standard local currency, annual growth?
- Vanuatu ranks 133rd out of 231 countries with data for 2023.
- Is gross national income — value standard local currency, annual growth rising or falling in Vanuatu?
- Over the last ten years it is up 38.7%. The long-run trend across the full record is volatile.
- Where does this Vanuatu data come from?
- The figures come from Statizoid (derived), published as part of Gross National Income — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross National Income — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross National Income — Value Standard Local Currency Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross National Income — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.