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

Latest (2024)
9.86 % change on previous year
Change on year
up 81.1%
World rank
62nd
of 205 countries
All-time high
22.92 % change on previous year
in 1984
All-time low
-5.54 % change on previous year
in 1980
Years of data
45
1980–2024

Gross value added at basic prices (GVA) (current LCU), annual growth in Vanuatu, 1980–2024

-10010201980200220241980: -5.5 % change on previous year1981: 12 % change on previous year1982: 8.9 % change on previous year1983: 15.9 % change on previous year1984: 22.9 % change on previous year1985: -2.5 % change on previous year1986: -3.1 % change on previous year1987: 13.1 % change on previous year1988: 7.9 % change on previous year1989: 8.1 % change on previous year1990: 10.6 % change on previous year1991: 13.8 % change on previous year1992: 5.4 % change on previous year1993: 2.8 % change on previous year1994: 11.6 % change on previous year1995: 2.7 % change on previous year1996: 4.5 % change on previous year1997: 8.2 % change on previous year1998: 0.637 % change on previous year1999: 0.942 % change on previous year2000: 9 % change on previous year2001: -0.265 % change on previous year2002: -1.4 % change on previous year2003: 5.5 % change on previous year2004: 6 % change on previous year2005: 5.1 % change on previous year2006: 12.9 % change on previous year2007: 6.8 % change on previous year2008: 12.5 % change on previous year2009: 7 % change on previous year2010: 5.4 % change on previous year2011: 5.6 % change on previous year2012: 0.566 % change on previous year2013: 19.3 % change on previous year2014: 4.6 % change on previous year2015: 9.9 % change on previous year2016: 6.6 % change on previous year2017: 7.9 % change on previous year2018: 5 % change on previous year2019: 7.3 % change on previous year2020: -3 % change on previous year2021: 2.7 % change on previous year2022: 9.9 % change on previous year2023: 5.4 % change on previous year2024: 9.9 % change on previous year

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

Annual values for Gross value added at basic prices (GVA) (current LCU), annual growth rate in Vanuatu, 1980 to 2024.
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

DecadeAverage LowestHighest 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

  1. 59 Cote d'Ivoire 10.04 % change on previous year compare
  2. 60 Guinea-Bissau 10.01 % change on previous year compare
  3. 61 Paraguay 9.99 % change on previous year compare
  4. 63 Senegal 9.86 % change on previous year compare
  5. 64 Chile 9.83 % change on previous year compare
  6. 65 Benin 9.74 % change on previous year compare

See the full ranking of 206 places →

More economy & growth data for Vanuatu

All data for Vanuatu →

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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Gross value added at basic prices (GVA) (current LCU), annual growth in Vanuatu. Statizoid, drawing on Statizoid (derived). Retrieved 28 August 2026, from https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-current-lcu-annual-growth-rate/vanuatu/

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<a href="https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-current-lcu-annual-growth-rate/vanuatu/">Gross value added at basic prices (GVA) (current LCU), annual growth in Vanuatu</a> — Statizoid

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

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

Indicator
Gross value added at basic prices (GVA) (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
206 places, 8,871 data points, 1961–2025
Last refreshed

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.