Real gdp growth in Vanuatu
Vanuatu: Real gdp growth was 3.77 in 2024. ◆ Volatile
Real gdp growth in Vanuatu, 1980–2024
Source: Our World in Data.
Analysis
The most recent figure for real gdp growth in Vanuatu is 3.77, measured in 2024.
The figure is down 35.4% on the previous year and up 21.3% over ten years.
Over the whole period, real gdp growth in Vanuatu peaked at 11.7 in 1990 and was at its lowest, -5.73, in 2020.
That places Vanuatu 84th out of 196 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Real gdp growth in Vanuatu, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 5.45 | — |
| 1981 | 4.38 | -19.7% |
| 1982 | 1.98 | -54.7% |
| 1983 | 3.01 | +52.0% |
| 1984 | 9.58 | +218.2% |
| 1985 | 1 | -89.6% |
| 1986 | -0.1486 | -114.9% |
| 1987 | -2.89 | +1847.3% |
| 1988 | -1.69 | -41.4% |
| 1989 | 1.53 | -190.5% |
| 1990 | 11.7 | +662.9% |
| 1991 | 3.15 | -73.1% |
| 1992 | 2.58 | -17.9% |
| 1993 | 0.7363 | -71.5% |
| 1994 | 9.08 | +1133.1% |
| 1995 | 1.01 | -88.9% |
| 1996 | 2.33 | +131.7% |
| 1997 | 4.91 | +110.7% |
| 1998 | 1.18 | -76.0% |
| 1999 | 0.3373 | -71.3% |
| 2000 | 5.92 | +1656.6% |
| 2001 | -3.4 | -157.3% |
| 2002 | -5.2 | +53.0% |
| 2003 | 4.29 | -182.5% |
| 2004 | 3.99 | -7.0% |
| 2005 | 5.31 | +33.1% |
| 2006 | 8.46 | +59.5% |
| 2007 | 2.88 | -66.0% |
| 2008 | 5.6 | +94.8% |
| 2009 | 3.04 | -45.8% |
| 2010 | 1.26 | -58.6% |
| 2011 | 3.14 | +149.6% |
| 2012 | 1 | -68.0% |
| 2013 | 3.41 | +239.3% |
| 2014 | 3.11 | -8.9% |
| 2015 | 3.5 | +12.7% |
| 2016 | 3.62 | +3.4% |
| 2017 | 4.22 | +16.7% |
| 2018 | 2.52 | -40.4% |
| 2019 | 3.28 | +30.3% |
| 2020 | -5.73 | -274.7% |
| 2021 | -1.16 | -79.7% |
| 2022 | 5.59 | -580.7% |
| 2023 | 5.83 | +4.3% |
| 2024 | 3.77 | -35.4% |
Vanuatu compared with similar countries
- Vanuatu's 3.77 is below the median for lower middle income countries, which is 4.39, 86% of the median. (47 countries reporting)
- Vanuatu's 3.77 is below the median for East Asia & Pacific, which is 4.33, 87% of the median. (31 countries reporting)
Biggest year-on-year movements
Years where Real gdp growth 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 |
|---|---|---|---|
| 1987 | -1847.3% | -0.1486 | -2.89 |
| 2000 | +1656.6% | 0.3373 | 5.92 |
| 1994 | +1133.1% | 0.7363 | 9.08 |
| 1990 | +662.9% | 1.53 | 11.7 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 2.22 | -2.89 | 9.58 | 10 |
| 1990s | 3.7 | 0.3373 | 11.7 | 10 |
| 2000s | 3.09 | -5.2 | 8.46 | 10 |
| 2010s | 2.91 | 1 | 4.22 | 10 |
| 2020s | 1.66 | -5.73 | 5.83 | 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 real gdp growth in Vanuatu?
- Real gdp growth in Vanuatu was 3.77 in 2024, according to Our World in Data.
- What is the highest real gdp growth recorded in Vanuatu?
- The highest recorded value was 11.7 in 1990.
- What is the lowest real gdp growth recorded in Vanuatu?
- The lowest recorded value was -5.73 in 2020.
- How does Vanuatu rank for real gdp growth?
- Vanuatu ranks 84th out of 196 countries with data for 2024.
- Is real gdp growth rising or falling in Vanuatu?
- Over the last ten years it is up 21.3%. The long-run trend across the full record is volatile.
- Where does this Vanuatu data come from?
- The figures come from Our World in Data, published as part of Real gdp growth. Statizoid updates them automatically from the source API.
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