Gross savings in Vanuatu
Vanuatu: Gross savings was 7.2% in 2022. ▼ Falling
Gross savings in Vanuatu, 1983–2022
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
The most recent figure for gross savings in Vanuatu is 7.2%, measured in 2022.
The figure is up 23.1% on the previous year and down 51.8% over ten years.
Over the whole period, gross savings in Vanuatu peaked at 32.2% in 2008 and was at its lowest, 0.3%, in 1998.
Vanuatu ranks 165th of 177 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 40 years of available data.
Gross savings in Vanuatu, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1983 | 15.1% | — |
| 1984 | 22.8% | +50.7% |
| 1985 | 15.5% | -32.3% |
| 1986 | 13.9% | -10.1% |
| 1987 | 19.5% | +40.2% |
| 1988 | 14.8% | -24.0% |
| 1989 | 20.2% | +36.7% |
| 1990 | 26.8% | +32.5% |
| 1991 | 21.3% | -20.6% |
| 1992 | 15.1% | -29.2% |
| 1993 | 15.8% | +4.8% |
| 1994 | 14.3% | -9.6% |
| 1995 | 13.8% | -3.1% |
| 1996 | 5.6% | -59.3% |
| 1997 | 15.4% | +173.9% |
| 1998 | 0.3% | -98.1% |
| 1999 | 0.3% | +4.4% |
| 2000 | 6.1% | +1866.6% |
| 2001 | 8.3% | +35.6% |
| 2002 | 12.4% | +50.6% |
| 2003 | 12.6% | +1.5% |
| 2004 | 16.0% | +26.5% |
| 2005 | 18.1% | +13.1% |
| 2006 | 24.1% | +33.3% |
| 2007 | 22.5% | -6.7% |
| 2008 | 32.2% | +43.2% |
| 2009 | 22.8% | -29.2% |
| 2010 | 17.8% | -21.8% |
| 2011 | 18.9% | +5.9% |
| 2012 | 14.8% | -21.3% |
| 2013 | 19.3% | +29.9% |
| 2014 | 17.9% | -7.3% |
| 2015 | 13.8% | -22.8% |
| 2016 | 19.3% | +39.7% |
| 2017 | 20.6% | +6.7% |
| 2018 | 24.7% | +20.1% |
| 2019 | 15.4% | -37.6% |
| 2020 | 4.9% | -68.1% |
| 2021 | 5.8% | +17.9% |
| 2022 | 7.2% | +23.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 17.4% | 13.9% | 22.8% | 7 |
| 1990s | 12.9% | 0.3% | 26.8% | 10 |
| 2000s | 17.5% | 6.1% | 32.2% | 10 |
| 2010s | 18.2% | 13.8% | 24.7% | 10 |
| 2020s | 6.0% | 4.9% | 7.2% | 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)
- Industry (including construction), value added (constant 2015 US$) 11.01 % change on previous year (2024)
- Industry (including construction), value added (constant 2015 US$) 0.1111 constant 2015 US$ per US$ of GDP (2024)
- Industry (including construction), value added (constant 2015 US$) 439.9 constant 2015 US$ per person (2024)
- Industry (including construction), value added (constant LCU), annual 11.01 % change on previous year (2024)
- Industry (including construction), value added (constant LCU), per 11.99 constant LCU per US$ of GDP (2024)
- Industry (including construction), value added (constant LCU), per 47,480 constant LCU per person (2024)
- Services, value added (current US$), annual growth rate 6.95 % change on previous year (2024)
- Services, value added (current US$), per unit of GDP 0.5676 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross savings in Vanuatu?
- Gross savings in Vanuatu was 7.2% 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 32.2% in 2008.
- What is the lowest gross savings recorded in Vanuatu?
- The lowest recorded value was 0.3% in 1998.
- How does Vanuatu rank for gross savings?
- Vanuatu ranks 165th out of 177 countries with data for 2022.
- Is gross savings rising or falling in Vanuatu?
- Over the last ten years it is down 51.8%. The long-run trend across the full record is falling.
- Where does this Vanuatu data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (% of GDP). Statizoid updates them automatically from the source API.
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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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.