Gross value added at basic prices (GVA) (constant 2015 US$), annual in Vanuatu
Vanuatu: Gross value added at basic prices (GVA) (constant 2015 US$), annual was 3.78 % change on previous year in 2024. ◆ Volatile
Gross value added at basic prices (GVA) (constant 2015 US$), annual in Vanuatu, 1999–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross value added at basic prices (gva) (constant 2015 us$), annual in Vanuatu is 3.78 % change on previous year, measured in 2024.
The figure is down 39.7% on the previous year and down 7.8% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant 2015 us$), annual in Vanuatu peaked at 8.4 % change on previous year in 2006 and was at its lowest, -5.76 % change on previous year, in 2020.
Vanuatu ranks 83rd of 193 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (constant 2015 US$), annual in Vanuatu, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1999 | -2.16 % change on previous year | — |
| 2000 | 6.65 % change on previous year | -407.4% |
| 2001 | -3.87 % change on previous year | -158.2% |
| 2002 | -4.18 % change on previous year | +8.2% |
| 2003 | 4.98 % change on previous year | -219.1% |
| 2004 | 3.74 % change on previous year | -24.9% |
| 2005 | 4.8 % change on previous year | +28.4% |
| 2006 | 8.4 % change on previous year | +75.0% |
| 2007 | 0.1657 % change on previous year | -98.0% |
| 2008 | 5.04 % change on previous year | +2940.7% |
| 2009 | 4.66 % change on previous year | -7.5% |
| 2010 | 4.08 % change on previous year | -12.4% |
| 2011 | 2.51 % change on previous year | -38.6% |
| 2012 | 1.83 % change on previous year | -27.1% |
| 2013 | 0.1716 % change on previous year | -90.6% |
| 2014 | 4.1 % change on previous year | +2290.9% |
| 2015 | 3.63 % change on previous year | -11.5% |
| 2016 | 4.43 % change on previous year | +22.0% |
| 2017 | 2.52 % change on previous year | -43.2% |
| 2018 | 1.36 % change on previous year | -45.9% |
| 2019 | 3.49 % change on previous year | +156.8% |
| 2020 | -5.76 % change on previous year | -264.9% |
| 2021 | 0.5546 % change on previous year | -109.6% |
| 2022 | 4.99 % change on previous year | +799.1% |
| 2023 | 6.27 % change on previous year | +25.7% |
| 2024 | 3.78 % change on previous year | -39.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -2.16 % change on previous year | -2.16 % change on previous year | -2.16 % change on previous year | 1 |
| 2000s | 3.04 % change on previous year | -4.18 % change on previous year | 8.4 % change on previous year | 10 |
| 2010s | 2.81 % change on previous year | 0.1716 % change on previous year | 4.43 % change on previous year | 10 |
| 2020s | 1.97 % change on previous year | -5.76 % change on previous year | 6.27 % change on previous year | 5 |
Countries ranked near Vanuatu
- 80 Cayman Islands 3.82 % change on previous year compare
- 81 Algeria 3.82 % change on previous year compare
- 82 Nepal 3.8 % change on previous year compare
- 84 Cyprus 3.77 % change on previous year compare
- 85 Comoros 3.74 % change on previous year compare
- 86 El Salvador 3.6 % 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)
- 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$), per unit 0.7361 constant 2015 US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 2,915 constant 2015 US$ per person (2024)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 3.78 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 106.98 constant LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (constant LCU), per capita 423,611 constant LCU per person (2024)
Frequently asked questions
- What is gross value added at basic prices (gva) (constant 2015 us$), annual in Vanuatu?
- Gross value added at basic prices (gva) (constant 2015 us$), annual in Vanuatu was 3.78 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant 2015 us$), annual recorded in Vanuatu?
- The highest recorded value was 8.4 % change on previous year in 2006.
- What is the lowest gross value added at basic prices (gva) (constant 2015 us$), annual recorded in Vanuatu?
- The lowest recorded value was -5.76 % change on previous year in 2020.
- How does Vanuatu rank for gross value added at basic prices (gva) (constant 2015 us$), annual?
- Vanuatu ranks 83rd out of 193 countries with data for 2024.
- Is gross value added at basic prices (gva) (constant 2015 us$), annual rising or falling in Vanuatu?
- Over the last ten years it is down 7.8%. 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 value added at basic prices (GVA) (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross value added at basic prices (GVA) (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Organizations and/or Central Banks
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 value added at basic prices (GVA) (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.