Gross value added at basic prices (GVA) in Vanuatu
Vanuatu: Gross value added at basic prices (GVA) was 138.85 billion constant LCU in 2024. ▲ Rising
Gross value added at basic prices (GVA) in Vanuatu, 1998–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
The most recent figure for gross value added at basic prices (gva) in Vanuatu is 138.85 billion constant LCU, measured in 2024. That is the highest value across all 27 years on record.
Compared with earlier readings it is up 3.8% on the previous year and up 27.7% over ten years.
Over the whole period, gross value added at basic prices (gva) in Vanuatu peaked at 138.85 billion constant LCU in 2024 and was at its lowest, 70.45 billion constant LCU, in 2002.
Vanuatu ranks 126th of 197 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 27 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 72.51 billion constant LCU | 71.71 billion constant LCU | 73.30 billion constant LCU | 2 |
| 2000s | 81.37 billion constant LCU | 70.45 billion constant LCU | 95.98 billion constant LCU | 10 |
| 2010s | 111.96 billion constant LCU | 99.90 billion constant LCU | 126.55 billion constant LCU | 10 |
| 2020s | 127.55 billion constant LCU | 119.26 billion constant LCU | 138.85 billion constant LCU | 5 |
Countries ranked near Vanuatu
More economy & growth data for Vanuatu
- External balance on goods and services as a percent of GDP -22.7% (2024)
- Inflation of consumer prices 0.7% (2025)
- GDP per capita 3,249 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 4.0% (2024)
- Gross domestic product (GDP) 1.09 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 3,249 constant 2015 US$ (2025)
- DEC alternative conversion factor 120.33 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 21.20 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 176.23 million current US$ (2025)
- Taxes less subsidies on products 15.82 billion current LCU (2024)
Frequently asked questions
- What is gross value added at basic prices (gva) in Vanuatu?
- Gross value added at basic prices (gva) in Vanuatu was 138.85 billion constant LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Vanuatu?
- The highest recorded value was 138.85 billion constant LCU in 2024.
- What is the lowest gross value added at basic prices (gva) recorded in Vanuatu?
- The lowest recorded value was 70.45 billion constant LCU in 2002.
- How does Vanuatu rank for gross value added at basic prices (gva)?
- Vanuatu ranks 126th out of 197 countries with data for 2024.
- Is gross value added at basic prices (gva) rising or falling in Vanuatu?
- Over the last ten years it is up 27.7%. The long-run trend across the full record is rising.
- Where does this Vanuatu data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross value added at basic prices (GVA) (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 27 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.