ICT service exports in Vanuatu
Vanuatu: ICT service exports was 8.2% in 2022. ◆ Volatile
ICT service exports in Vanuatu, 1996–2022
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service exports, BoP.
Analysis
Vanuatu recorded 8.2% for ict service exports in 2022.
Compared with earlier readings it is down 65.1% on the previous year and up 1,432.5% over ten years.
Over the whole period, ict service exports in Vanuatu peaked at 23.6% in 2021 and was at its lowest, 0.5%, in 2013.
Vanuatu ranks 79th of 189 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
ICT service exports in Vanuatu, year by year
| Year | % of service exports, BoP | Change |
|---|---|---|
| 1996 | 4.4% | — |
| 1997 | 4.5% | +2.5% |
| 1998 | 2.3% | -49.2% |
| 1999 | 3.3% | +46.9% |
| 2000 | 1.9% | -41.6% |
| 2001 | 1.3% | -33.6% |
| 2002 | 1.8% | +42.7% |
| 2003 | 2.1% | +13.9% |
| 2004 | 2.0% | -5.5% |
| 2005 | 2.0% | +2.3% |
| 2006 | 2.5% | +22.3% |
| 2007 | 2.1% | -14.3% |
| 2008 | 1.8% | -15.0% |
| 2009 | 1.3% | -29.5% |
| 2010 | 2.2% | +73.2% |
| 2011 | 1.1% | -52.3% |
| 2012 | 0.5% | -49.1% |
| 2013 | 0.5% | -4.9% |
| 2014 | 1.6% | +222.8% |
| 2015 | 2.8% | +72.0% |
| 2016 | 3.3% | +17.7% |
| 2017 | 3.0% | -9.0% |
| 2018 | 2.5% | -16.0% |
| 2019 | 2.5% | -2.1% |
| 2020 | 8.2% | +227.7% |
| 2021 | 23.6% | +188.4% |
| 2022 | 8.2% | -65.1% |
Vanuatu compared with similar countries
- Vanuatu's 8.2% is above the median for lower middle income countries, which is 4.6%, 1.8× the median. (47 countries reporting)
- Vanuatu's 8.2% is above the median for East Asia & Pacific, which is 3.5%, 2.3× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.6% | 2.3% | 4.5% | 4 |
| 2000s | 1.9% | 1.3% | 2.5% | 10 |
| 2010s | 2.0% | 0.5% | 3.3% | 10 |
| 2020s | 13.3% | 8.2% | 23.6% | 3 |
Countries ranked near Vanuatu
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 2.79 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0021 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 8.5 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 28.86 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 211.4 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0222 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 88.05 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -4.52 % change on previous year (2024)
Frequently asked questions
- What is ict service exports in Vanuatu?
- Ict service exports in Vanuatu was 8.2% in 2022, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest ict service exports recorded in Vanuatu?
- The highest recorded value was 23.6% in 2021.
- What is the lowest ict service exports recorded in Vanuatu?
- The lowest recorded value was 0.5% in 2013.
- How does Vanuatu rank for ict service exports?
- Vanuatu ranks 79th out of 189 countries with data for 2022.
- Is ict service exports rising or falling in Vanuatu?
- Over the last ten years it is up 1,432.5%. The long-run trend across the full record is volatile.
- Where does this Vanuatu data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of ICT service exports (% of service exports, BoP). Statizoid updates them automatically from the source API.
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About this data
Information and communication technology service exports include computer and communications services (telecommunications and postal and courier services) and information services (computer data and news-related service transactions).