Industry (including construction), value added in Vanuatu
Vanuatu: Industry (including construction), value added was 11.0% in 2024. ◆ Volatile
Industry (including construction), value added in Vanuatu, 1980–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
The most recent figure for industry (including construction), value added in Vanuatu is 11.0%, measured in 2024.
That represents a change of down 26.2% on the previous year and up 512.2% over ten years.
Over the whole period, industry (including construction), value added in Vanuatu peaked at 41.8% in 2015 and was at its lowest, -35.1%, in 1983.
Vanuatu ranks 16th of 199 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Industry (including construction), value added in Vanuatu, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1980 | -6.7% | — |
| 1981 | -5.2% | -22.3% |
| 1982 | 26.0% | -600.1% |
| 1983 | -35.1% | -235.0% |
| 1984 | 3.3% | -109.4% |
| 1985 | 10.2% | +208.5% |
| 1986 | 1.1% | -89.3% |
| 1987 | 31.1% | +2760.5% |
| 1988 | 0.3% | -98.9% |
| 1989 | -0.1% | -139.9% |
| 1990 | 12.5% | -9262.5% |
| 1991 | -4.1% | -133.0% |
| 1992 | -8.8% | +113.2% |
| 1993 | -2.7% | -69.2% |
| 1994 | 26.1% | -1064.6% |
| 1995 | -2.0% | -107.8% |
| 1996 | -10.6% | +418.9% |
| 1997 | -3.7% | -64.6% |
| 1998 | 4.2% | -211.1% |
| 1999 | -0.1% | -102.0% |
| 2000 | 37.1% | -44837.1% |
| 2001 | -21.1% | -157.0% |
| 2002 | -18.1% | -14.4% |
| 2003 | -4.6% | -74.8% |
| 2004 | -2.2% | -51.2% |
| 2005 | 5.3% | -337.6% |
| 2006 | 25.0% | +372.5% |
| 2007 | -10.1% | -140.5% |
| 2008 | 27.5% | -371.7% |
| 2009 | 27.6% | +0.5% |
| 2010 | 12.2% | -55.9% |
| 2011 | -19.1% | -256.9% |
| 2012 | -22.2% | +16.2% |
| 2013 | 8.4% | -137.8% |
| 2014 | -2.7% | -131.8% |
| 2015 | 41.8% | -1663.6% |
| 2016 | 3.4% | -91.7% |
| 2017 | 6.4% | +84.4% |
| 2018 | 5.1% | -19.9% |
| 2019 | -8.1% | -258.7% |
| 2020 | 0.3% | -104.0% |
| 2021 | -0.4% | -209.6% |
| 2022 | -0.8% | +121.2% |
| 2023 | 14.9% | -1991.2% |
| 2024 | 11.0% | -26.2% |
Vanuatu compared with similar countries
- Vanuatu's 11.0% is above the median for lower middle income countries, which is 4.7%, 2.3× the median. (47 countries reporting)
- Vanuatu's 11.0% is above the median for East Asia & Pacific, which is 4.2%, 2.6× the median. (29 countries reporting)
Biggest year-on-year movements
Years where Industry (including construction), value added in Vanuatu changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2000 | +44837.1% | -0.1% | 37.1% |
| 1990 | +9262.5% | -0.1% | 12.5% |
| 1987 | +2760.5% | 1.1% | 31.1% |
| 2023 | +1991.2% | -0.8% | 14.9% |
| 2015 | +1663.6% | -2.7% | 41.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 2.5% | -35.1% | 31.1% | 10 |
| 1990s | 1.1% | -10.6% | 26.1% | 10 |
| 2000s | 6.6% | -21.1% | 37.1% | 10 |
| 2010s | 2.5% | -22.2% | 41.8% | 10 |
| 2020s | 5.0% | -0.8% | 14.9% | 5 |
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 industry (including construction), value added in Vanuatu?
- Industry (including construction), value added in Vanuatu was 11.0% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Vanuatu?
- The highest recorded value was 41.8% in 2015.
- What is the lowest industry (including construction), value added recorded in Vanuatu?
- The lowest recorded value was -35.1% in 1983.
- How does Vanuatu rank for industry (including construction), value added?
- Vanuatu ranks 16th out of 199 countries with data for 2024.
- Is industry (including construction), value added rising or falling in Vanuatu?
- Over the last ten years it is up 512.2%. 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 Industry (including construction), value added (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.