Gross savings in Vanuatu
Vanuatu: Gross savings was 9.51 billion current LCU in 2022. ◆ Volatile
Gross savings in Vanuatu, 1983–2022
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
In 2022, gross savings in Vanuatu stood at 9.51 billion current LCU.
That represents a change of up 36.6% on the previous year and down 7.6% over ten years.
Over the whole period, gross savings in Vanuatu peaked at 28.17 billion current LCU in 2018 and was at its lowest, 99.22 million current LCU, in 1998.
Vanuatu ranks 141st of 178 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings in Vanuatu, year by year
| Year | current LCU | Change |
|---|---|---|
| 1983 | 1.77 billion current LCU | — |
| 1984 | 3.27 billion current LCU | +85.2% |
| 1985 | 2.16 billion current LCU | -33.9% |
| 1986 | 1.88 billion current LCU | -12.9% |
| 1987 | 2.98 billion current LCU | +58.6% |
| 1988 | 2.45 billion current LCU | -18.0% |
| 1989 | 3.61 billion current LCU | +47.7% |
| 1990 | 5.30 billion current LCU | +46.6% |
| 1991 | 4.79 billion current LCU | -9.6% |
| 1992 | 3.57 billion current LCU | -25.4% |
| 1993 | 3.85 billion current LCU | +7.8% |
| 1994 | 3.88 billion current LCU | +0.8% |
| 1995 | 3.87 billion current LCU | -0.4% |
| 1996 | 1.64 billion current LCU | -57.5% |
| 1997 | 4.87 billion current LCU | +196.4% |
| 1998 | 99.22 million current LCU | -98.0% |
| 1999 | 107.09 million current LCU | +7.9% |
| 2000 | 2.28 billion current LCU | +2028.5% |
| 2001 | 3.09 billion current LCU | +35.8% |
| 2002 | 4.54 billion current LCU | +46.9% |
| 2003 | 4.85 billion current LCU | +6.7% |
| 2004 | 6.51 billion current LCU | +34.3% |
| 2005 | 7.79 billion current LCU | +19.6% |
| 2006 | 11.70 billion current LCU | +50.1% |
| 2007 | 11.88 billion current LCU | +1.5% |
| 2008 | 19.25 billion current LCU | +62.0% |
| 2009 | 14.40 billion current LCU | -25.2% |
| 2010 | 11.57 billion current LCU | -19.7% |
| 2011 | 12.99 billion current LCU | +12.3% |
| 2012 | 10.29 billion current LCU | -20.8% |
| 2013 | 15.74 billion current LCU | +53.0% |
| 2014 | 15.25 billion current LCU | -3.1% |
| 2015 | 12.87 billion current LCU | -15.6% |
| 2016 | 19.01 billion current LCU | +47.7% |
| 2017 | 22.15 billion current LCU | +16.5% |
| 2018 | 28.17 billion current LCU | +27.2% |
| 2019 | 18.79 billion current LCU | -33.3% |
| 2020 | 5.79 billion current LCU | -69.2% |
| 2021 | 6.96 billion current LCU | +20.2% |
| 2022 | 9.51 billion current LCU | +36.6% |
Vanuatu compared with similar countries
- Vanuatu's 9.51 billion current LCU is below the median for lower middle income countries, which is 205.45 billion current LCU, 5% of the median. (45 countries reporting)
- Vanuatu's 9.51 billion current LCU is below the median for East Asia & Pacific, which is 190.11 billion current LCU, 5% of the median. (29 countries reporting)
Biggest year-on-year movements
Years where Gross savings 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 |
|---|---|---|---|
| 2000 | +2028.5% | 107.09 million current LCU | 2.28 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 2.59 billion current LCU | 1.77 billion current LCU | 3.61 billion current LCU | 7 |
| 1990s | 3.20 billion current LCU | 99.22 million current LCU | 5.30 billion current LCU | 10 |
| 2000s | 8.63 billion current LCU | 2.28 billion current LCU | 19.25 billion current LCU | 10 |
| 2010s | 16.68 billion current LCU | 10.29 billion current LCU | 28.17 billion current LCU | 10 |
| 2020s | 7.42 billion current LCU | 5.79 billion current LCU | 9.51 billion current LCU | 3 |
Countries ranked near Vanuatu
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 savings in Vanuatu?
- Gross savings in Vanuatu was 9.51 billion current LCU in 2022, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Vanuatu?
- The highest recorded value was 28.17 billion current LCU in 2018.
- What is the lowest gross savings recorded in Vanuatu?
- The lowest recorded value was 99.22 million current LCU in 1998.
- How does Vanuatu rank for gross savings?
- Vanuatu ranks 141st out of 178 countries with data for 2022.
- Is gross savings rising or falling in Vanuatu?
- Over the last ten years it is down 7.6%. 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 Offices (NSOs), published as part of Gross savings (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 40 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.