Annual GDP growth in Vanuatu

Vanuatu: Annual GDP growth was 3.8% in 2024. ◆ Volatile

Latest (2024)
3.8%
Change on year
down 35.4%
World rank
84th
of 196 countries
All-time high
11.7%
in 1990
All-time low
-5.7%
in 2020
Years of data
45
1980–2024

Annual GDP growth in Vanuatu, 1980–2024

-505101980200220241980: 5.5 %1981: 4.4 %1982: 2 %1983: 3 %1984: 9.6 %1985: 1 %1986: -0.149 %1987: -2.9 %1988: -1.7 %1989: 1.5 %1990: 11.7 %1991: 3.1 %1992: 2.6 %1993: 0.736 %1994: 9.1 %1995: 1 %1996: 2.3 %1997: 4.9 %1998: 1.2 %1999: 0.337 %2000: 5.9 %2001: -3.4 %2002: -5.2 %2003: 4.3 %2004: 4 %2005: 5.3 %2006: 8.5 %2007: 2.9 %2008: 5.6 %2009: 3 %2010: 1.3 %2011: 3.1 %2012: 1 %2013: 3.4 %2014: 3.1 %2015: 3.5 %2016: 3.6 %2017: 4.2 %2018: 2.5 %2019: 3.3 %2020: -5.7 %2021: -1.2 %2022: 5.6 %2023: 5.8 %2024: 3.8 %

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 81 Zambia 3.8% compare
  2. 82 Morocco 3.8% compare
  3. 83 Cyprus 3.8% compare
  4. 85 Ecuador 3.7% compare
  5. 86 Namibia 3.7% compare
  6. 87 Algeria 3.7% compare

See the full ranking of 198 places →

More economy & growth data for Vanuatu

All data for Vanuatu →

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

Indicator
Annual GDP growth
Unit
%
Source
International Monetary Fund (2026) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
198 places, 8,084 data points, 1980–2026
Last refreshed

Annual percent change in gross domestic product. This data is adjusted for inflation.