Share of products from least-developed countries that have no tariff in Vanuatu
Vanuatu: Share of products from least-developed countries that have no tariff was 68.1% in 2024. ▲ Rising
Share of products from least-developed countries that have no tariff in Vanuatu, 2005–2024
Source: UN Conference on Trade and Development and World Trade Organisation – processed by Our World in Data. Measured in %.
Analysis
Vanuatu recorded 68.1% for share of products from least-developed countries that have no tariff in 2024.
That represents a change of down 6.4% on the previous year and down 11.7% over ten years.
Over the whole period, share of products from least-developed countries that have no tariff in Vanuatu peaked at 85.0% in 2019 and was at its lowest, 42.6%, in 2005.
Vanuatu ranks 87th of 230 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 12 years of available data.
Share of products from least-developed countries that have no tariff in Vanuatu, year by year
| Year | % | Change |
|---|---|---|
| 2005 | 42.6% | — |
| 2010 | 71.0% | +66.7% |
| 2015 | 77.2% | +8.7% |
| 2016 | 82.9% | +7.5% |
| 2017 | 79.0% | -4.7% |
| 2018 | 79.9% | +1.1% |
| 2019 | 85.0% | +6.4% |
| 2020 | 83.4% | -1.9% |
| 2021 | 74.9% | -10.2% |
| 2022 | 82.5% | +10.1% |
| 2023 | 72.8% | -11.8% |
| 2024 | 68.1% | -6.4% |
Vanuatu compared with similar countries
- Vanuatu's 68.1% is above the median for lower middle income countries, which is 68.1%, 1.0× the median. (47 countries reporting)
- Vanuatu's 68.1% is above the median for East Asia & Pacific, which is 62.5%, 1.1× the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 42.6% | 42.6% | 42.6% | 1 |
| 2010s | 79.2% | 71.0% | 85.0% | 6 |
| 2020s | 76.4% | 68.1% | 83.4% | 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 share of products from least-developed countries that have no tariff in Vanuatu?
- Share of products from least-developed countries that have no tariff in Vanuatu was 68.1% in 2024, according to UN Conference on Trade and Development and World Trade Organisation – processed by Our World in Data.
- What is the highest share of products from least-developed countries that have no tariff recorded in Vanuatu?
- The highest recorded value was 85.0% in 2019.
- What is the lowest share of products from least-developed countries that have no tariff recorded in Vanuatu?
- The lowest recorded value was 42.6% in 2005.
- How does Vanuatu rank for share of products from least-developed countries that have no tariff?
- Vanuatu ranks 87th out of 230 countries with data for 2024.
- Is share of products from least-developed countries that have no tariff rising or falling in Vanuatu?
- Over the last ten years it is down 11.7%. The long-run trend across the full record is rising.
- Where does this Vanuatu data come from?
- The figures come from UN Conference on Trade and Development and World Trade Organisation – processed by Our World in Data, published as part of Share of products from least-developed countries that have no tariff. Statizoid updates them automatically from the source API.
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About this data
Proportion of tariff lines applied to imports with zero-tariff (%).