Service exports (BoP, current US$), annual growth rate in Vanuatu
Vanuatu: Service exports (BoP, current US$), annual growth rate was 178.34 % change on previous year in 2022. ◆ Volatile
Service exports (BoP, current US$), annual growth rate in Vanuatu, 1983–2022
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for service exports (bop, current us$), annual growth rate in Vanuatu is 178.34 % change on previous year, measured in 2022. That is the highest value across all 40 years on record.
That represents a change of up 364.2% on the previous year and up 2,620.4% over ten years.
Over the whole period, service exports (bop, current us$), annual growth rate in Vanuatu peaked at 178.34 % change on previous year in 2022 and was at its lowest, -68.88 % change on previous year, in 2020.
Vanuatu ranks 3rd of 199 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Service exports (BoP, current US$), annual growth rate in Vanuatu, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1983 | 3.02 % change on previous year | — |
| 1984 | 11.32 % change on previous year | +274.6% |
| 1985 | -10.05 % change on previous year | -188.8% |
| 1986 | -19.86 % change on previous year | +97.7% |
| 1987 | 18.2 % change on previous year | -191.6% |
| 1988 | 10.57 % change on previous year | -41.9% |
| 1989 | 0.8001 % change on previous year | -92.4% |
| 1990 | 49.35 % change on previous year | +6067.3% |
| 1991 | 9.85 % change on previous year | -80.0% |
| 1992 | 5.81 % change on previous year | -41.0% |
| 1993 | -1.5 % change on previous year | -125.8% |
| 1994 | 13.43 % change on previous year | -996.8% |
| 1995 | 4.49 % change on previous year | -66.5% |
| 1996 | 13.59 % change on previous year | +202.5% |
| 1997 | -5.34 % change on previous year | -139.3% |
| 1998 | 29.8 % change on previous year | -657.8% |
| 1999 | 0.7415 % change on previous year | -97.5% |
| 2000 | 13.07 % change on previous year | +1662.9% |
| 2001 | -8.12 % change on previous year | -162.1% |
| 2002 | -21.51 % change on previous year | +164.7% |
| 2003 | 18.21 % change on previous year | -184.7% |
| 2004 | 10.5 % change on previous year | -42.4% |
| 2005 | 13.55 % change on previous year | +29.1% |
| 2006 | 5.02 % change on previous year | -62.9% |
| 2007 | 27.51 % change on previous year | +447.9% |
| 2008 | 25.61 % change on previous year | -6.9% |
| 2009 | 6.29 % change on previous year | -75.4% |
| 2010 | 11.46 % change on previous year | +82.1% |
| 2011 | 2.35 % change on previous year | -79.5% |
| 2012 | 6.56 % change on previous year | +179.1% |
| 2013 | 16.78 % change on previous year | +156.0% |
| 2014 | -10.36 % change on previous year | -161.7% |
| 2015 | -18.42 % change on previous year | +77.9% |
| 2016 | 14.91 % change on previous year | -181.0% |
| 2017 | 6.7 % change on previous year | -55.1% |
| 2018 | 4.12 % change on previous year | -38.5% |
| 2019 | -15.25 % change on previous year | -469.7% |
| 2020 | -68.88 % change on previous year | +351.7% |
| 2021 | -67.51 % change on previous year | -2.0% |
| 2022 | 178.34 % change on previous year | -364.2% |
Vanuatu compared with similar countries
- Vanuatu's 178.34 % change on previous year is above the median for lower middle income countries, which is 9.97 % change on previous year, 17.9× the median. (47 countries reporting)
- Vanuatu's 178.34 % change on previous year is above the median for East Asia & Pacific, which is 10.87 % change on previous year, 16.4× the median. (33 countries reporting)
Biggest year-on-year movements
Years where Service exports (BoP, current US$), annual growth rate in Vanuatu changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1990 | +6067.3% | 0.8001 % change on previous year | 49.35 % change on previous year |
| 2000 | +1662.9% | 0.7415 % change on previous year | 13.07 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 2 % change on previous year | -19.86 % change on previous year | 18.2 % change on previous year | 7 |
| 1990s | 12.02 % change on previous year | -5.34 % change on previous year | 49.35 % change on previous year | 10 |
| 2000s | 9.01 % change on previous year | -21.51 % change on previous year | 27.51 % change on previous year | 10 |
| 2010s | 1.89 % change on previous year | -18.42 % change on previous year | 16.78 % change on previous year | 10 |
| 2020s | 13.98 % change on previous year | -68.88 % change on previous year | 178.34 % change on previous year | 3 |
Countries ranked near Vanuatu
More economy & growth data for Vanuatu
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.2699 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.49 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), 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$), annual growth rate -4.52 % change on previous year (2024)
Frequently asked questions
- What is service exports (bop, current us$), annual growth rate in Vanuatu?
- Service exports (bop, current us$), annual growth rate in Vanuatu was 178.34 % change on previous year in 2022, according to Statizoid (derived).
- What is the highest service exports (bop, current us$), annual growth rate recorded in Vanuatu?
- The highest recorded value was 178.34 % change on previous year in 2022.
- What is the lowest service exports (bop, current us$), annual growth rate recorded in Vanuatu?
- The lowest recorded value was -68.88 % change on previous year in 2020.
- How does Vanuatu rank for service exports (bop, current us$), annual growth rate?
- Vanuatu ranks 3rd out of 199 countries with data for 2022.
- Is service exports (bop, current us$), annual growth rate rising or falling in Vanuatu?
- Over the last ten years it is up 2,620.4%. The long-run trend across the full record is volatile.
- Where does this Vanuatu data come from?
- The figures come from Statizoid (derived), published as part of Service exports (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 40 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Service exports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Service exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Service exports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.