Households and NPISHs Final consumption expenditure, PPP in Vanuatu
Vanuatu: Households and NPISHs Final consumption expenditure, PPP was 1.02 billion constant 2021 international $ in 2024. ◆ Volatile
Households and NPISHs Final consumption expenditure, PPP in Vanuatu, 2002–2024
Source: International Comparison Program (ICP), World Bank (WB). Measured in constant 2021 international $.
Analysis
In 2024, households and npishs final consumption expenditure, ppp in Vanuatu stood at 1.02 billion constant 2021 international $.
Compared with earlier readings it is up 5.4% on the previous year and up 151.8% over ten years.
Over the whole period, households and npishs final consumption expenditure, ppp in Vanuatu peaked at 1.05 billion constant 2021 international $ in 2021 and was at its lowest, 293.53 million constant 2021 international $, in 2002.
That places Vanuatu 163rd out of 170 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Households and NPISHs Final consumption expenditure, PPP in Vanuatu, year by year
| Year | constant 2021 international $ | Change |
|---|---|---|
| 2002 | 293.53 million constant 2021 international $ | — |
| 2003 | 300.64 million constant 2021 international $ | +2.4% |
| 2004 | 307.43 million constant 2021 international $ | +2.3% |
| 2005 | 315.29 million constant 2021 international $ | +2.6% |
| 2006 | 324.53 million constant 2021 international $ | +2.9% |
| 2007 | 328.69 million constant 2021 international $ | +1.3% |
| 2008 | 339.72 million constant 2021 international $ | +3.4% |
| 2009 | 349.57 million constant 2021 international $ | +2.9% |
| 2010 | 359.09 million constant 2021 international $ | +2.7% |
| 2011 | 370.30 million constant 2021 international $ | +3.1% |
| 2012 | 381.53 million constant 2021 international $ | +3.0% |
| 2013 | 394.43 million constant 2021 international $ | +3.4% |
| 2014 | 403.90 million constant 2021 international $ | +2.4% |
| 2015 | 374.33 million constant 2021 international $ | -7.3% |
| 2016 | 439.93 million constant 2021 international $ | +17.5% |
| 2017 | 694.88 million constant 2021 international $ | +58.0% |
| 2018 | 596.85 million constant 2021 international $ | -14.1% |
| 2019 | 828.70 million constant 2021 international $ | +38.8% |
| 2020 | 1.03 billion constant 2021 international $ | +24.6% |
| 2021 | 1.05 billion constant 2021 international $ | +1.9% |
| 2022 | 980.41 million constant 2021 international $ | -6.8% |
| 2023 | 964.95 million constant 2021 international $ | -1.6% |
| 2024 | 1.02 billion constant 2021 international $ | +5.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 319.93 million constant 2021 international $ | 293.53 million constant 2021 international $ | 349.57 million constant 2021 international $ | 8 |
| 2010s | 484.39 million constant 2021 international $ | 359.09 million constant 2021 international $ | 828.70 million constant 2021 international $ | 10 |
| 2020s | 1.01 billion constant 2021 international $ | 964.95 million constant 2021 international $ | 1.05 billion constant 2021 international $ | 5 |
Countries ranked near Vanuatu
- 160 Sao Tome and Principe 1.36 billion constant 2021 international $ compare
- 161 Greenland 1.30 billion constant 2021 international $ compare
- 162 Samoa 1.08 billion constant 2021 international $ compare
- 164 San Marino 858.78 million constant 2021 international $ compare
- 165 Northern Mariana Islands 739.50 million constant 2021 international $ compare
- 166 Tonga 669.15 million 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)
- Gross capital formation (constant 2015 US$), annual growth rate 13.21 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2583 constant 2015 US$ per US$ of GDP (2024)
- Gross capital formation (constant 2015 US$), per capita 1,023 constant 2015 US$ per person (2024)
- Imports of goods and services (current US$), annual growth rate 5.59 % change on previous year (2024)
- Imports of goods and services (current US$), per unit of GDP 0.4803 current US$ per US$ of GDP (2024)
- Imports of goods and services (current US$), per capita 1,902 current US$ per person (2024)
- Imports of goods and services (current LCU), annual growth rate 5.64 % change on previous year (2024)
- Imports of goods and services (current LCU), per unit of GDP 57.24 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is households and npishs final consumption expenditure, ppp in Vanuatu?
- Households and npishs final consumption expenditure, ppp in Vanuatu was 1.02 billion constant 2021 international $ in 2024, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest households and npishs final consumption expenditure, ppp recorded in Vanuatu?
- The highest recorded value was 1.05 billion constant 2021 international $ in 2021.
- What is the lowest households and npishs final consumption expenditure, ppp recorded in Vanuatu?
- The lowest recorded value was 293.53 million constant 2021 international $ in 2002.
- How does Vanuatu rank for households and npishs final consumption expenditure, ppp?
- Vanuatu ranks 163rd out of 170 countries with data for 2024.
- Is households and npishs final consumption expenditure, ppp rising or falling in Vanuatu?
- Over the last ten years it is up 151.8%. The long-run trend across the full record is volatile.
- Where does this Vanuatu data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), published as part of Households and NPISHs Final consumption expenditure, 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 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. 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.