Service exports in Vanuatu
Vanuatu: Service exports was 78.47 million BoP, current US$ in 2022. ◆ Volatile
Latest (2022)
78.47 million BoP, current US$
Change on year
up 178.3%
World rank
184th
of 200 countries
All-time high
352.41 million BoP, current US$
in 2013
All-time low
28.19 million BoP, current US$
in 2021
Years of data
41
1982–2022
Service exports in Vanuatu, 1982–2022
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2022, service exports in Vanuatu stood at 78.47 million BoP, current US$.
That represents a change of up 178.3% on the previous year and down 74.0% over ten years.
Over the whole period, service exports in Vanuatu peaked at 352.41 million BoP, current US$ in 2013 and was at its lowest, 28.19 million BoP, current US$, in 2021.
That places Vanuatu 184th out of 200 countries with data for 2022, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Service exports in Vanuatu, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1982 | 36.99 million BoP, current US$ | — |
| 1983 | 38.11 million BoP, current US$ | +3.0% |
| 1984 | 42.43 million BoP, current US$ | +11.3% |
| 1985 | 38.16 million BoP, current US$ | -10.0% |
| 1986 | 30.58 million BoP, current US$ | -19.9% |
| 1987 | 36.15 million BoP, current US$ | +18.2% |
| 1988 | 39.97 million BoP, current US$ | +10.6% |
| 1989 | 40.29 million BoP, current US$ | +0.8% |
| 1990 | 60.17 million BoP, current US$ | +49.3% |
| 1991 | 66.09 million BoP, current US$ | +9.8% |
| 1992 | 69.93 million BoP, current US$ | +5.8% |
| 1993 | 68.88 million BoP, current US$ | -1.5% |
| 1994 | 78.14 million BoP, current US$ | +13.4% |
| 1995 | 81.65 million BoP, current US$ | +4.5% |
| 1996 | 92.75 million BoP, current US$ | +13.6% |
| 1997 | 87.79 million BoP, current US$ | -5.3% |
| 1998 | 113.95 million BoP, current US$ | +29.8% |
| 1999 | 114.80 million BoP, current US$ | +0.7% |
| 2000 | 129.81 million BoP, current US$ | +13.1% |
| 2001 | 119.26 million BoP, current US$ | -8.1% |
| 2002 | 93.61 million BoP, current US$ | -21.5% |
| 2003 | 110.66 million BoP, current US$ | +18.2% |
| 2004 | 122.28 million BoP, current US$ | +10.5% |
| 2005 | 138.85 million BoP, current US$ | +13.5% |
| 2006 | 145.82 million BoP, current US$ | +5.0% |
| 2007 | 185.94 million BoP, current US$ | +27.5% |
| 2008 | 233.56 million BoP, current US$ | +25.6% |
| 2009 | 248.25 million BoP, current US$ | +6.3% |
| 2010 | 276.70 million BoP, current US$ | +11.5% |
| 2011 | 283.20 million BoP, current US$ | +2.3% |
| 2012 | 301.76 million BoP, current US$ | +6.6% |
| 2013 | 352.41 million BoP, current US$ | +16.8% |
| 2014 | 315.92 million BoP, current US$ | -10.4% |
| 2015 | 257.72 million BoP, current US$ | -18.4% |
| 2016 | 296.16 million BoP, current US$ | +14.9% |
| 2017 | 316.01 million BoP, current US$ | +6.7% |
| 2018 | 329.04 million BoP, current US$ | +4.1% |
| 2019 | 278.87 million BoP, current US$ | -15.2% |
| 2020 | 86.78 million BoP, current US$ | -68.9% |
| 2021 | 28.19 million BoP, current US$ | -67.5% |
| 2022 | 78.47 million BoP, current US$ | +178.3% |
Vanuatu compared with similar countries
- Vanuatu's 78.47 million BoP, current US$ is below the median for lower middle income countries, which is 1.28 billion BoP, current US$, 6% of the median. (47 countries reporting)
- Vanuatu's 78.47 million BoP, current US$ is below the median for East Asia & Pacific, which is 1.73 billion BoP, current US$, 5% of the median. (33 countries reporting)
Biggest year-on-year movements
Years where Service exports in Vanuatu changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2022 | +178.3% | 28.19 million BoP, current US$ | 78.47 million BoP, current US$ |
| 2020 | -68.9% | 278.87 million BoP, current US$ | 86.78 million BoP, current US$ |
| 2021 | -67.5% | 86.78 million BoP, current US$ | 28.19 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 37.83 million BoP, current US$ | 30.58 million BoP, current US$ | 42.43 million BoP, current US$ | 8 |
| 1990s | 83.42 million BoP, current US$ | 60.17 million BoP, current US$ | 114.80 million BoP, current US$ | 10 |
| 2000s | 152.80 million BoP, current US$ | 93.61 million BoP, current US$ | 248.25 million BoP, current US$ | 10 |
| 2010s | 300.78 million BoP, current US$ | 257.72 million BoP, current US$ | 352.41 million BoP, current US$ | 10 |
| 2020s | 64.48 million BoP, current US$ | 28.19 million BoP, current US$ | 86.78 million BoP, current US$ | 3 |
Countries ranked near Vanuatu
- 181 Haiti 96.57 million BoP, current US$ compare
- 182 Tonga 93.60 million BoP, current US$ compare
- 183 Sao Tome and Principe 88.23 million BoP, current US$ compare
- 185 Papua New Guinea 75.21 million BoP, current US$ compare
- 186 Guinea 71.20 million BoP, current US$ compare
- 187 Nauru 64.55 million BoP, current US$ compare
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$), annual growth rate -4.52 % change on previous year (2024)
Frequently asked questions
- What is service exports in Vanuatu?
- Service exports in Vanuatu was 78.47 million BoP, current US$ in 2022, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest service exports recorded in Vanuatu?
- The highest recorded value was 352.41 million BoP, current US$ in 2013.
- What is the lowest service exports recorded in Vanuatu?
- The lowest recorded value was 28.19 million BoP, current US$ in 2021.
- How does Vanuatu rank for service exports?
- Vanuatu ranks 184th out of 200 countries with data for 2022.
- Is service exports rising or falling in Vanuatu?
- Over the last ten years it is down 74.0%. The long-run trend across the full record is volatile.
- Where does this Vanuatu data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Service exports (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 41 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Exports of services are services provided by residents to non-residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.