Gross value added at basic prices (GVA) (constant) … unit GDP 2015 in Vanuatu
Vanuatu: Gross value added at basic prices (GVA) (constant) … unit GDP 2015 was 0.7361 constant 2015 US$ per US$ of GDP in 2024. ▼ Falling
Gross value added at basic prices (GVA) (constant 2015 US$), per unit in Vanuatu, 1998–2024
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
In 2024, gross value added at basic prices (gva) (constant 2015 us$), per unit in Vanuatu stood at 0.7361 constant 2015 US$ per US$ of GDP. That is the lowest value across all 27 years on record.
The figure is down 5.0% on the previous year and down 13.5% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant 2015 us$), per unit in Vanuatu peaked at 1.96 constant 2015 US$ per US$ of GDP in 2001 and was at its lowest, 0.7361 constant 2015 US$ per US$ of GDP, in 2024.
That places Vanuatu 101st out of 193 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 27 years of available data.
Gross value added at basic prices (GVA) (constant) … unit GDP 2015 in Vanuatu, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 1998 | 1.92 constant 2015 US$ per US$ of GDP | — |
| 1999 | 1.84 constant 2015 US$ per US$ of GDP | -4.2% |
| 2000 | 1.93 constant 2015 US$ per US$ of GDP | +5.1% |
| 2001 | 1.96 constant 2015 US$ per US$ of GDP | +1.4% |
| 2002 | 1.85 constant 2015 US$ per US$ of GDP | -5.9% |
| 2003 | 1.62 constant 2015 US$ per US$ of GDP | -12.3% |
| 2004 | 1.45 constant 2015 US$ per US$ of GDP | -10.6% |
| 2005 | 1.4 constant 2015 US$ per US$ of GDP | -3.2% |
| 2006 | 1.37 constant 2015 US$ per US$ of GDP | -2.6% |
| 2007 | 1.16 constant 2015 US$ per US$ of GDP | -14.8% |
| 2008 | 1.07 constant 2015 US$ per US$ of GDP | -8.2% |
| 2009 | 1.11 constant 2015 US$ per US$ of GDP | +4.3% |
| 2010 | 1.02 constant 2015 US$ per US$ of GDP | -8.0% |
| 2011 | 0.915 constant 2015 US$ per US$ of GDP | -10.7% |
| 2012 | 0.9595 constant 2015 US$ per US$ of GDP | +4.9% |
| 2013 | 0.8326 constant 2015 US$ per US$ of GDP | -13.2% |
| 2014 | 0.8511 constant 2015 US$ per US$ of GDP | +2.2% |
| 2015 | 0.9065 constant 2015 US$ per US$ of GDP | +6.5% |
| 2016 | 0.8911 constant 2015 US$ per US$ of GDP | -1.7% |
| 2017 | 0.8314 constant 2015 US$ per US$ of GDP | -6.7% |
| 2018 | 0.8135 constant 2015 US$ per US$ of GDP | -2.2% |
| 2019 | 0.8203 constant 2015 US$ per US$ of GDP | +0.8% |
| 2020 | 0.8066 constant 2015 US$ per US$ of GDP | -1.7% |
| 2021 | 0.7544 constant 2015 US$ per US$ of GDP | -6.5% |
| 2022 | 0.7521 constant 2015 US$ per US$ of GDP | -0.3% |
| 2023 | 0.7749 constant 2015 US$ per US$ of GDP | +3.0% |
| 2024 | 0.7361 constant 2015 US$ per US$ of GDP | -5.0% |
Vanuatu compared with similar countries
- Vanuatu's 0.7361 constant 2015 US$ per US$ of GDP is below the median for lower middle income countries, which is 0.7541 constant 2015 US$ per US$ of GDP, 98% of the median. (46 countries reporting)
- Vanuatu's 0.7361 constant 2015 US$ per US$ of GDP is below the median for East Asia & Pacific, which is 0.7912 constant 2015 US$ per US$ of GDP, 93% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.88 constant 2015 US$ per US$ of GDP | 1.84 constant 2015 US$ per US$ of GDP | 1.92 constant 2015 US$ per US$ of GDP | 2 |
| 2000s | 1.49 constant 2015 US$ per US$ of GDP | 1.07 constant 2015 US$ per US$ of GDP | 1.96 constant 2015 US$ per US$ of GDP | 10 |
| 2010s | 0.8846 constant 2015 US$ per US$ of GDP | 0.8135 constant 2015 US$ per US$ of GDP | 1.02 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.7648 constant 2015 US$ per US$ of GDP | 0.7361 constant 2015 US$ per US$ of GDP | 0.8066 constant 2015 US$ per US$ of GDP | 5 |
Countries ranked near Vanuatu
- 98 Iraq 0.7403 constant 2015 US$ per US$ of GDP compare
- 99 Bangladesh 0.7392 constant 2015 US$ per US$ of GDP compare
- 100 Argentina 0.7381 constant 2015 US$ per US$ of GDP compare
- 102 Barbados 0.7349 constant 2015 US$ per US$ of GDP compare
- 103 Colombia 0.7326 constant 2015 US$ per US$ of GDP compare
- 104 Malta 0.7299 constant 2015 US$ per US$ of GDP 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)
- SDRs holdings, US dollar, annual growth rate -3.47 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0163 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 65.88 units per person (2025)
- SDRs holdings, SDR, annual growth rate -8.08 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0119 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 48.11 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0198 units per US$ of GDP (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) (constant 2015 us$), per unit in Vanuatu?
- Gross value added at basic prices (gva) (constant 2015 us$), per unit in Vanuatu was 0.7361 constant 2015 US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant 2015 us$), per unit recorded in Vanuatu?
- The highest recorded value was 1.96 constant 2015 US$ per US$ of GDP in 2001.
- What is the lowest gross value added at basic prices (gva) (constant 2015 us$), per unit recorded in Vanuatu?
- The lowest recorded value was 0.7361 constant 2015 US$ per US$ of GDP in 2024.
- How does Vanuatu rank for gross value added at basic prices (gva) (constant 2015 us$), per unit?
- Vanuatu ranks 101st out of 193 countries with data for 2024.
- Is gross value added at basic prices (gva) (constant 2015 us$), per unit rising or falling in Vanuatu?
- Over the last ten years it is down 13.5%. The long-run trend across the full record is falling.
- 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$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross value added at basic prices (GVA) (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross value added at basic prices (GVA) (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.