Gross National Income — Value Standard Local Currency in Vanuatu
Vanuatu: Gross National Income — Value Standard Local Currency was 151,573 million SLC in 2023. ◆ Volatile
Gross National Income — Value Standard Local Currency in Vanuatu, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for gross national income — value standard local currency in Vanuatu is 151,573 million SLC, measured in 2023. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 7.8% on the previous year and up 105.4% over ten years.
Over the whole period, gross national income — value standard local currency in Vanuatu peaked at 151,573 million SLC in 2023 and was at its lowest, 3,829 million SLC, in 1970.
That places Vanuatu 128th out of 202 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 in Vanuatu, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 3,829 million SLC | — |
| 1971 | 3,930 million SLC | +2.6% |
| 1972 | 4,039 million SLC | +2.8% |
| 1973 | 4,723 million SLC | +16.9% |
| 1974 | 6,355 million SLC | +34.6% |
| 1975 | 6,063 million SLC | -4.6% |
| 1976 | 6,182 million SLC | +2.0% |
| 1977 | 6,122 million SLC | -1.0% |
| 1978 | 7,198 million SLC | +17.6% |
| 1979 | 7,528 million SLC | +4.6% |
| 1980 | 7,163 million SLC | -4.9% |
| 1981 | 7,898 million SLC | +10.3% |
| 1982 | 8,689 million SLC | +10.0% |
| 1983 | 10,825 million SLC | +24.6% |
| 1984 | 13,390 million SLC | +23.7% |
| 1985 | 14,507 million SLC | +8.3% |
| 1986 | 14,231 million SLC | -1.9% |
| 1987 | 14,062 million SLC | -1.2% |
| 1988 | 16,352 million SLC | +16.3% |
| 1989 | 18,957 million SLC | +15.9% |
| 1990 | 21,513 million SLC | +13.5% |
| 1991 | 21,228 million SLC | -1.3% |
| 1992 | 21,765 million SLC | +2.5% |
| 1993 | 23,644 million SLC | +8.6% |
| 1994 | 24,605 million SLC | +4.1% |
| 1995 | 27,434 million SLC | +11.5% |
| 1996 | 28,825 million SLC | +5.1% |
| 1997 | 30,320 million SLC | +5.2% |
| 1998 | 30,964 million SLC | +2.1% |
| 1999 | 33,555 million SLC | +8.4% |
| 2000 | 34,729 million SLC | +3.5% |
| 2001 | 36,322 million SLC | +4.6% |
| 2002 | 34,933 million SLC | -3.8% |
| 2003 | 36,571 million SLC | +4.7% |
| 2004 | 38,717 million SLC | +5.9% |
| 2005 | 40,313 million SLC | +4.1% |
| 2006 | 46,372 million SLC | +15.0% |
| 2007 | 51,092 million SLC | +10.2% |
| 2008 | 61,126 million SLC | +19.6% |
| 2009 | 62,636 million SLC | +2.5% |
| 2010 | 65,807 million SLC | +5.1% |
| 2011 | 69,078 million SLC | +5.0% |
| 2012 | 69,888 million SLC | +1.2% |
| 2013 | 73,806 million SLC | +5.6% |
| 2014 | 77,781 million SLC | +5.4% |
| 2015 | 84,274 million SLC | +8.3% |
| 2016 | 89,200 million SLC | +5.8% |
| 2017 | 95,136 million SLC | +6.7% |
| 2018 | 103,699 million SLC | +9.0% |
| 2019 | 122,815 million SLC | +18.4% |
| 2020 | 116,891 million SLC | -4.8% |
| 2021 | 123,021 million SLC | +5.2% |
| 2022 | 140,641 million SLC | +14.3% |
| 2023 | 151,573 million SLC | +7.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5,597 million SLC | 3,829 million SLC | 7,528 million SLC | 10 |
| 1980s | 12,608 million SLC | 7,163 million SLC | 18,957 million SLC | 10 |
| 1990s | 26,385 million SLC | 21,228 million SLC | 33,555 million SLC | 10 |
| 2000s | 44,281 million SLC | 34,729 million SLC | 62,636 million SLC | 10 |
| 2010s | 85,148 million SLC | 65,807 million SLC | 122,815 million SLC | 10 |
| 2020s | 133,032 million SLC | 116,891 million SLC | 151,573 million SLC | 4 |
Countries ranked near Vanuatu
- 125 Bulgaria 176,169 million SLC compare
- 126 Tajikistan 173,468 million SLC compare
- 127 Trinidad and Tobago 165,664 million SLC compare
- 129 Tunisia 146,707 million SLC compare
- 130 Gambia 144,783 million SLC compare
- 131 Sierra Leone 135,340 million SLC 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)
- Gross value added at basic prices (GVA) (current US$), annual growth 9.81 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8977 current US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current US$), per capita 3,555 current US$ per person (2024)
- Gross value added at basic prices (GVA) (current LCU), annual growth 9.86 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 106.98 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 423,611 current LCU per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 3.78 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7361 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross national income — value standard local currency in Vanuatu?
- Gross national income — value standard local currency in Vanuatu was 151,573 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross national income — value standard local currency recorded in Vanuatu?
- The highest recorded value was 151,573 million SLC in 2023.
- What is the lowest gross national income — value standard local currency recorded in Vanuatu?
- The lowest recorded value was 3,829 million SLC in 1970.
- How does Vanuatu rank for gross national income — value standard local currency?
- Vanuatu ranks 128th out of 202 countries with data for 2023.
- Is gross national income — value standard local currency rising or falling in Vanuatu?
- Over the last ten years it is up 105.4%. The long-run trend across the full record is volatile.
- Where does this Vanuatu data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross National Income — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).