Households and NPISHs Final consumption expenditure per capita, PPP in Vanuatu
Vanuatu: Households and NPISHs Final consumption expenditure per capita, PPP was 3,103 constant 2021 international $ in 2024. ▲ Rising
Households and NPISHs Final consumption expenditure per capita, PPP in Vanuatu, 2002–2024
Source: International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024. Measured in constant 2021 international $.
Analysis
In 2024, households and npishs final consumption expenditure per capita, ppp in Vanuatu stood at 3,103 constant 2021 international $.
That represents a change of up 3.0% on the previous year and up 100.0% over ten years.
Over the whole period, households and npishs final consumption expenditure per capita, ppp in Vanuatu peaked at 3,454 constant 2021 international $ in 2020 and was at its lowest, 1,407 constant 2021 international $, in 2015.
That places Vanuatu 138th out of 169 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 23 years of available data.
Households and NPISHs Final consumption expenditure per capita, PPP in Vanuatu, year by year
| Year | constant 2021 international $ | Change |
|---|---|---|
| 2002 | 1,499 constant 2021 international $ | — |
| 2003 | 1,498 constant 2021 international $ | -0.1% |
| 2004 | 1,494 constant 2021 international $ | -0.2% |
| 2005 | 1,496 constant 2021 international $ | +0.1% |
| 2006 | 1,503 constant 2021 international $ | +0.5% |
| 2007 | 1,485 constant 2021 international $ | -1.2% |
| 2008 | 1,497 constant 2021 international $ | +0.8% |
| 2009 | 1,502 constant 2021 international $ | +0.3% |
| 2010 | 1,507 constant 2021 international $ | +0.3% |
| 2011 | 1,521 constant 2021 international $ | +0.9% |
| 2012 | 1,533 constant 2021 international $ | +0.8% |
| 2013 | 1,550 constant 2021 international $ | +1.1% |
| 2014 | 1,552 constant 2021 international $ | +0.1% |
| 2015 | 1,407 constant 2021 international $ | -9.4% |
| 2016 | 1,617 constant 2021 international $ | +14.9% |
| 2017 | 2,495 constant 2021 international $ | +54.3% |
| 2018 | 2,092 constant 2021 international $ | -16.1% |
| 2019 | 2,838 constant 2021 international $ | +35.6% |
| 2020 | 3,454 constant 2021 international $ | +21.7% |
| 2021 | 3,440 constant 2021 international $ | -0.4% |
| 2022 | 3,132 constant 2021 international $ | -9.0% |
| 2023 | 3,012 constant 2021 international $ | -3.8% |
| 2024 | 3,103 constant 2021 international $ | +3.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1,497 constant 2021 international $ | 1,485 constant 2021 international $ | 1,503 constant 2021 international $ | 8 |
| 2010s | 1,811 constant 2021 international $ | 1,407 constant 2021 international $ | 2,838 constant 2021 international $ | 10 |
| 2020s | 3,228 constant 2021 international $ | 3,012 constant 2021 international $ | 3,454 constant 2021 international $ | 5 |
Countries ranked near Vanuatu
- 135 Cameroon 3,597 constant 2021 international $ compare
- 136 Tajikistan 3,464 constant 2021 international $ compare
- 137 Mauritania 3,300 constant 2021 international $ compare
- 139 Comoros 3,033 constant 2021 international $ compare
- 140 Congo 2,746 constant 2021 international $ compare
- 141 Senegal 2,739 constant 2021 international $ 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)
- Services, value added (current US$), annual growth rate 6.95 % change on previous year (2024)
- Services, value added (current US$), per unit of GDP 0.5676 current US$ per US$ of GDP (2024)
- Services, value added (current US$), per capita 2,248 current US$ per person (2024)
- Services, value added (current LCU), annual growth rate 6.99 % change on previous year (2024)
- Services, value added (current LCU), per unit of GDP 67.64 current LCU per US$ of GDP (2024)
- Services, value added (current LCU), per capita 267,862 current LCU per person (2024)
- Services, value added (constant 2015 US$), annual growth rate 2.59 % change on previous year (2024)
- Services, value added (constant 2015 US$), per unit of GDP 0.4645 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is households and npishs final consumption expenditure per capita, ppp in Vanuatu?
- Households and npishs final consumption expenditure per capita, ppp in Vanuatu was 3,103 constant 2021 international $ in 2024, according to International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024.
- What is the highest households and npishs final consumption expenditure per capita, ppp recorded in Vanuatu?
- The highest recorded value was 3,454 constant 2021 international $ in 2020.
- What is the lowest households and npishs final consumption expenditure per capita, ppp recorded in Vanuatu?
- The lowest recorded value was 1,407 constant 2021 international $ in 2015.
- How does Vanuatu rank for households and npishs final consumption expenditure per capita, ppp?
- Vanuatu ranks 138th out of 169 countries with data for 2024.
- Is households and npishs final consumption expenditure per capita, ppp rising or falling in Vanuatu?
- Over the last ten years it is up 100.0%. The long-run trend across the full record is rising.
- Where does this Vanuatu data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024, published as part of Households and NPISHs Final consumption expenditure per capita, PPP (constant 2021 international $). Statizoid updates them automatically from the source API.
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About this data
This indicator provides values for final consumption expenditure per person expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Households and NPISHs final consumption expenditure includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. The core indicator has been divided by the general population to achieve a per capita estimate. 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 is 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.