Annual GDP growth in Vanuatu
Vanuatu: Annual GDP growth was 3.8% in 2024. ◆ Volatile
Annual GDP growth in Vanuatu, 1980–2024
Source: International Monetary Fund (2026) – with minor processing by Our World in Data. Measured in %.
Analysis
The most recent figure for annual gdp growth in Vanuatu is 3.8%, measured in 2024.
The figure is down 35.4% on the previous year and up 21.3% over ten years.
Over the whole period, annual gdp growth in Vanuatu peaked at 11.7% in 1990 and was at its lowest, -5.7%, 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.
Annual GDP growth in Vanuatu, year by year
| Year | % | Change |
|---|---|---|
| 1980 | 5.5% | — |
| 1981 | 4.4% | -19.7% |
| 1982 | 2.0% | -54.7% |
| 1983 | 3.0% | +52.0% |
| 1984 | 9.6% | +218.2% |
| 1985 | 1.0% | -89.5% |
| 1986 | -0.1% | -114.9% |
| 1987 | -2.9% | +1842.3% |
| 1988 | -1.7% | -41.4% |
| 1989 | 1.5% | -190.4% |
| 1990 | 11.7% | +663.0% |
| 1991 | 3.1% | -73.1% |
| 1992 | 2.6% | -17.9% |
| 1993 | 0.7% | -71.5% |
| 1994 | 9.1% | +1133.6% |
| 1995 | 1.0% | -88.9% |
| 1996 | 2.3% | +131.6% |
| 1997 | 4.9% | +110.8% |
| 1998 | 1.2% | -76.0% |
| 1999 | 0.3% | -71.3% |
| 2000 | 5.9% | +1658.2% |
| 2001 | -3.4% | -157.4% |
| 2002 | -5.2% | +53.0% |
| 2003 | 4.3% | -182.5% |
| 2004 | 4.0% | -7.0% |
| 2005 | 5.3% | +33.1% |
| 2006 | 8.5% | +59.5% |
| 2007 | 2.9% | -66.0% |
| 2008 | 5.6% | +94.7% |
| 2009 | 3.0% | -45.8% |
| 2010 | 1.3% | -58.5% |
| 2011 | 3.1% | +149.6% |
| 2012 | 1.0% | -68.0% |
| 2013 | 3.4% | +239.2% |
| 2014 | 3.1% | -8.9% |
| 2015 | 3.5% | +12.8% |
| 2016 | 3.6% | +3.4% |
| 2017 | 4.2% | +16.7% |
| 2018 | 2.5% | -40.4% |
| 2019 | 3.3% | +30.3% |
| 2020 | -5.7% | -274.7% |
| 2021 | -1.2% | -79.7% |
| 2022 | 5.6% | -580.8% |
| 2023 | 5.8% | +4.3% |
| 2024 | 3.8% | -35.4% |
Vanuatu compared with similar countries
- Vanuatu's 3.8% is below the median for lower middle income countries, which is 4.1%, 93% of the median. (47 countries reporting)
- Vanuatu's 3.8% is below the median for East Asia & Pacific, which is 4.1%, 93% of the median. (31 countries reporting)
Biggest year-on-year movements
Years where Annual 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 | -1842.3% | -0.1% | -2.9% |
| 2000 | +1658.2% | 0.3% | 5.9% |
| 1994 | +1133.6% | 0.7% | 9.1% |
| 1990 | +663.0% | 1.5% | 11.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 2.2% | -2.9% | 9.6% | 10 |
| 1990s | 3.7% | 0.3% | 11.7% | 10 |
| 2000s | 3.1% | -5.2% | 8.5% | 10 |
| 2010s | 2.9% | 1.0% | 4.2% | 10 |
| 2020s | 1.7% | -5.7% | 5.8% | 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 annual gdp growth in Vanuatu?
- Annual gdp growth in Vanuatu was 3.8% in 2024, according to International Monetary Fund (2026) – with minor processing by Our World in Data.
- What is the highest annual gdp growth recorded in Vanuatu?
- The highest recorded value was 11.7% in 1990.
- What is the lowest annual gdp growth recorded in Vanuatu?
- The lowest recorded value was -5.7% in 2020.
- How does Vanuatu rank for annual gdp growth?
- Vanuatu ranks 84th out of 196 countries with data for 2024.
- Is annual 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 International Monetary Fund (2026) – with minor processing by Our World in Data, published as part of Annual GDP growth. Statizoid updates them automatically from the source API.
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About this data
Annual percent change in gross domestic product. This data is adjusted for inflation.