Industry (including construction), value added (current LCU) in Vanuatu
Vanuatu: Industry (including construction), value added (current LCU) was 15.56 billion current LCU in 2024. ◆ Volatile
Industry (including construction), value added in Vanuatu, 1979–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
The most recent figure for industry (including construction), value added in Vanuatu is 15.56 billion current LCU, measured in 2024. That is the highest value across all 46 years on record.
Compared with earlier readings it is up 14.7% on the previous year and up 104.3% over ten years.
Over the whole period, industry (including construction), value added in Vanuatu peaked at 15.56 billion current LCU in 2024 and was at its lowest, 496.00 million current LCU, in 1979.
Vanuatu ranks 153rd of 209 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.
Industry (including construction), value added (current LCU) in Vanuatu, year by year
| Year | current LCU | Change |
|---|---|---|
| 1979 | 496.00 million current LCU | — |
| 1980 | 510.40 million current LCU | +2.9% |
| 1981 | 560.90 million current LCU | +9.9% |
| 1982 | 634.70 million current LCU | +13.2% |
| 1983 | 968.00 million current LCU | +52.5% |
| 1984 | 1.06 billion current LCU | +9.6% |
| 1985 | 1.24 billion current LCU | +16.8% |
| 1986 | 1.30 billion current LCU | +4.8% |
| 1987 | 1.92 billion current LCU | +47.8% |
| 1988 | 2.04 billion current LCU | +6.6% |
| 1989 | 2.17 billion current LCU | +5.9% |
| 1990 | 2.61 billion current LCU | +20.6% |
| 1991 | 2.68 billion current LCU | +2.7% |
| 1992 | 2.42 billion current LCU | -9.6% |
| 1993 | 2.30 billion current LCU | -5.3% |
| 1994 | 3.24 billion current LCU | +41.1% |
| 1995 | 3.21 billion current LCU | -1.0% |
| 1996 | 2.90 billion current LCU | -9.6% |
| 1997 | 2.69 billion current LCU | -7.3% |
| 1998 | 2.73 billion current LCU | +1.7% |
| 1999 | 2.88 billion current LCU | +5.3% |
| 2000 | 4.20 billion current LCU | +46.0% |
| 2001 | 3.39 billion current LCU | -19.3% |
| 2002 | 3.27 billion current LCU | -3.5% |
| 2003 | 3.15 billion current LCU | -3.8% |
| 2004 | 3.10 billion current LCU | -1.5% |
| 2005 | 3.39 billion current LCU | +9.2% |
| 2006 | 3.94 billion current LCU | +16.2% |
| 2007 | 4.21 billion current LCU | +6.9% |
| 2008 | 5.45 billion current LCU | +29.7% |
| 2009 | 7.08 billion current LCU | +29.9% |
| 2010 | 8.37 billion current LCU | +18.1% |
| 2011 | 6.89 billion current LCU | -17.7% |
| 2012 | 5.46 billion current LCU | -20.8% |
| 2013 | 7.88 billion current LCU | +44.4% |
| 2014 | 7.62 billion current LCU | -3.3% |
| 2015 | 11.69 billion current LCU | +53.5% |
| 2016 | 11.96 billion current LCU | +2.3% |
| 2017 | 12.59 billion current LCU | +5.3% |
| 2018 | 13.20 billion current LCU | +4.9% |
| 2019 | 13.34 billion current LCU | +1.0% |
| 2020 | 13.74 billion current LCU | +3.0% |
| 2021 | 12.13 billion current LCU | -11.7% |
| 2022 | 11.17 billion current LCU | -7.9% |
| 2023 | 13.57 billion current LCU | +21.4% |
| 2024 | 15.56 billion current LCU | +14.7% |
Vanuatu compared with similar countries
- Vanuatu's 15.56 billion current LCU is below the median for lower middle income countries, which is 522.90 billion current LCU, 3% of the median. (47 countries reporting)
- Vanuatu's 15.56 billion current LCU is below the median for East Asia & Pacific, which is 130.07 billion current LCU, 12% of the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 496.00 million current LCU | 496.00 million current LCU | 496.00 million current LCU | 1 |
| 1980s | 1.24 billion current LCU | 510.40 million current LCU | 2.17 billion current LCU | 10 |
| 1990s | 2.77 billion current LCU | 2.30 billion current LCU | 3.24 billion current LCU | 10 |
| 2000s | 4.12 billion current LCU | 3.10 billion current LCU | 7.08 billion current LCU | 10 |
| 2010s | 9.90 billion current LCU | 5.46 billion current LCU | 13.34 billion current LCU | 10 |
| 2020s | 13.24 billion current LCU | 11.17 billion current LCU | 15.56 billion current LCU | 5 |
Countries ranked near Vanuatu
More economy & growth data for Vanuatu
- Real gdp growth, annual growth rate -35.4 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate -3.47 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0163 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 65.88 units per person (2025)
- SDRs holdings, SDR, annual growth rate -8.08 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0119 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 48.11 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is industry (including construction), value added in Vanuatu?
- Industry (including construction), value added in Vanuatu was 15.56 billion current LCU 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 15.56 billion current LCU in 2024.
- What is the lowest industry (including construction), value added recorded in Vanuatu?
- The lowest recorded value was 496.00 million current LCU in 1979.
- How does Vanuatu rank for industry (including construction), value added?
- Vanuatu ranks 153rd out of 209 countries with data for 2024.
- Is industry (including construction), value added rising or falling in Vanuatu?
- Over the last ten years it is up 104.3%. 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 (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 46 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.