Gross value added at basic prices (GVA) in Vanuatu
Vanuatu: Gross value added at basic prices (GVA) was 1.17 billion current US$ in 2024. ◆ Volatile
Gross value added at basic prices (GVA) in Vanuatu, 1979–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for gross value added at basic prices (gva) in Vanuatu is 1.17 billion current US$, measured in 2024. That is the highest value across all 46 years on record.
The figure is up 9.8% on the previous year and up 47.0% over ten years.
Over the whole period, gross value added at basic prices (gva) in Vanuatu peaked at 1.17 billion current US$ in 2024 and was at its lowest, 98.14 million current US$, in 1982.
Vanuatu ranks 191st of 204 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 119.26 million current US$ | 119.26 million current US$ | 119.26 million current US$ | 1 |
| 1980s | 122.22 million current US$ | 98.14 million current US$ | 148.54 million current US$ | 10 |
| 1990s | 215.31 million current US$ | 158.40 million current US$ | 255.89 million current US$ | 10 |
| 2000s | 350.35 million current US$ | 225.40 million current US$ | 515.73 million current US$ | 10 |
| 2010s | 790.79 million current US$ | 598.83 million current US$ | 954.23 million current US$ | 10 |
| 2020s | 1.04 billion current US$ | 920.32 million current US$ | 1.17 billion current US$ | 5 |
Countries ranked near Vanuatu
- 188 Turks and Caicos Islands 1.44 billion current US$ compare
- 189 Sint Maarten (Dutch part) 1.27 billion current US$ compare
- 190 Grenada 1.17 billion current US$ compare
- 192 Samoa 1.10 billion current US$ compare
- 193 Saint Vincent and the Grenadines 1.07 billion current US$ compare
- 194 Saint Kitts and Nevis 1.03 billion current US$ compare
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 1.17 billion current US$ 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 1.17 billion current US$ in 2024.
- What is the lowest gross value added at basic prices (gva) recorded in Vanuatu?
- The lowest recorded value was 98.14 million current US$ in 1982.
- How does Vanuatu rank for gross value added at basic prices (gva)?
- Vanuatu ranks 191st out of 204 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 47.0%. The long-run trend across the full record is volatile.
- 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) (current US$). Statizoid updates them automatically from the source API.
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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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.