Gross value added at basic prices (GVA) (current LCU), annual growth in Vanuatu
Vanuatu: Gross value added at basic prices (GVA) (current LCU), annual growth was 9.86 % change on previous year in 2024. ◆ Volatile
Gross value added at basic prices (GVA) (current LCU), annual growth in Vanuatu, 1980–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross value added at basic prices (gva) (current lcu), annual growth in Vanuatu is 9.86 % change on previous year, measured in 2024.
That represents a change of up 81.1% on the previous year and up 114.9% over ten years.
Over the whole period, gross value added at basic prices (gva) (current lcu), annual growth in Vanuatu peaked at 22.92 % change on previous year in 1984 and was at its lowest, -5.54 % change on previous year, in 1980.
That places Vanuatu 62nd out of 205 countries with data for 2024, putting it 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) (current LCU), annual growth in Vanuatu, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1980 | -5.54 % change on previous year | — |
| 1981 | 11.96 % change on previous year | -316.0% |
| 1982 | 8.88 % change on previous year | -25.8% |
| 1983 | 15.89 % change on previous year | +79.1% |
| 1984 | 22.92 % change on previous year | +44.2% |
| 1985 | -2.49 % change on previous year | -110.9% |
| 1986 | -3.1 % change on previous year | +24.6% |
| 1987 | 13.09 % change on previous year | -521.7% |
| 1988 | 7.93 % change on previous year | -39.4% |
| 1989 | 8.08 % change on previous year | +1.9% |
| 1990 | 10.59 % change on previous year | +31.0% |
| 1991 | 13.76 % change on previous year | +29.9% |
| 1992 | 5.44 % change on previous year | -60.4% |
| 1993 | 2.81 % change on previous year | -48.3% |
| 1994 | 11.62 % change on previous year | +312.7% |
| 1995 | 2.74 % change on previous year | -76.4% |
| 1996 | 4.45 % change on previous year | +62.4% |
| 1997 | 8.25 % change on previous year | +85.2% |
| 1998 | 0.6374 % change on previous year | -92.3% |
| 1999 | 0.9417 % change on previous year | +47.7% |
| 2000 | 9.03 % change on previous year | +858.9% |
| 2001 | -0.2649 % change on previous year | -102.9% |
| 2002 | -1.41 % change on previous year | +433.6% |
| 2003 | 5.53 % change on previous year | -491.1% |
| 2004 | 6.02 % change on previous year | +8.9% |
| 2005 | 5.1 % change on previous year | -15.3% |
| 2006 | 12.9 % change on previous year | +152.9% |
| 2007 | 6.76 % change on previous year | -47.6% |
| 2008 | 12.46 % change on previous year | +84.2% |
| 2009 | 6.96 % change on previous year | -44.2% |
| 2010 | 5.42 % change on previous year | -22.1% |
| 2011 | 5.62 % change on previous year | +3.9% |
| 2012 | 0.5661 % change on previous year | -89.9% |
| 2013 | 19.31 % change on previous year | +3311.2% |
| 2014 | 4.59 % change on previous year | -76.2% |
| 2015 | 9.87 % change on previous year | +115.1% |
| 2016 | 6.6 % change on previous year | -33.1% |
| 2017 | 7.92 % change on previous year | +20.1% |
| 2018 | 4.96 % change on previous year | -37.4% |
| 2019 | 7.28 % change on previous year | +47.0% |
| 2020 | -3.01 % change on previous year | -141.3% |
| 2021 | 2.67 % change on previous year | -188.7% |
| 2022 | 9.94 % change on previous year | +272.4% |
| 2023 | 5.45 % change on previous year | -45.2% |
| 2024 | 9.86 % change on previous year | +81.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 7.76 % change on previous year | -5.54 % change on previous year | 22.92 % change on previous year | 10 |
| 1990s | 6.12 % change on previous year | 0.6374 % change on previous year | 13.76 % change on previous year | 10 |
| 2000s | 6.31 % change on previous year | -1.41 % change on previous year | 12.9 % change on previous year | 10 |
| 2010s | 7.21 % change on previous year | 0.5661 % change on previous year | 19.31 % change on previous year | 10 |
| 2020s | 4.98 % change on previous year | -3.01 % change on previous year | 9.94 % change on previous year | 5 |
Countries ranked near Vanuatu
- 59 Cote d'Ivoire 10.04 % change on previous year compare
- 60 Guinea-Bissau 10.01 % change on previous year compare
- 61 Paraguay 9.99 % change on previous year compare
- 63 Senegal 9.86 % change on previous year compare
- 64 Chile 9.83 % change on previous year compare
- 65 Benin 9.74 % 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), 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$), annual 3.78 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), 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) (current lcu), annual growth in Vanuatu?
- Gross value added at basic prices (gva) (current lcu), annual growth in Vanuatu was 9.86 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current lcu), annual growth recorded in Vanuatu?
- The highest recorded value was 22.92 % change on previous year in 1984.
- What is the lowest gross value added at basic prices (gva) (current lcu), annual growth recorded in Vanuatu?
- The lowest recorded value was -5.54 % change on previous year in 1980.
- How does Vanuatu rank for gross value added at basic prices (gva) (current lcu), annual growth?
- Vanuatu ranks 62nd out of 205 countries with data for 2024.
- Is gross value added at basic prices (gva) (current lcu), annual growth rising or falling in Vanuatu?
- Over the last ten years it is up 114.9%. 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) (current LCU), 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) (current LCU). 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) (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.