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Services, value added (constant 2015 US$), per unit of GDP in Vanuatu

Vanuatu: Services, value added (constant 2015 US$), per unit of GDP was 0.4645 constant 2015 US$ per US$ of GDP in 2024. ▼ Falling

Latest (2024)
0.4645 constant 2015 US$ per US$ of GDP
Change on year
down 6.1%
World rank
111th
of 195 countries
All-time high
1.13 constant 2015 US$ per US$ of GDP
in 2002
All-time low
0.4645 constant 2015 US$ per US$ of GDP
in 2024
Years of data
23
2002–2024

Services, value added (constant 2015 US$), per unit of GDP in Vanuatu, 2002–2024

00.250.50.7511.22002201320242002: 1.1 constant 2015 US$ per US$ of GDP2003: 1 constant 2015 US$ per US$ of GDP2004: 0.901 constant 2015 US$ per US$ of GDP2005: 0.888 constant 2015 US$ per US$ of GDP2006: 0.87 constant 2015 US$ per US$ of GDP2007: 0.746 constant 2015 US$ per US$ of GDP2008: 0.683 constant 2015 US$ per US$ of GDP2009: 0.712 constant 2015 US$ per US$ of GDP2010: 0.646 constant 2015 US$ per US$ of GDP2011: 0.603 constant 2015 US$ per US$ of GDP2012: 0.649 constant 2015 US$ per US$ of GDP2013: 0.557 constant 2015 US$ per US$ of GDP2014: 0.562 constant 2015 US$ per US$ of GDP2015: 0.584 constant 2015 US$ per US$ of GDP2016: 0.567 constant 2015 US$ per US$ of GDP2017: 0.531 constant 2015 US$ per US$ of GDP2018: 0.515 constant 2015 US$ per US$ of GDP2019: 0.531 constant 2015 US$ per US$ of GDP2020: 0.511 constant 2015 US$ per US$ of GDP2021: 0.476 constant 2015 US$ per US$ of GDP2022: 0.478 constant 2015 US$ per US$ of GDP2023: 0.495 constant 2015 US$ per US$ of GDP2024: 0.464 constant 2015 US$ per US$ of GDP

Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.

Analysis

Vanuatu recorded 0.4645 constant 2015 US$ per US$ of GDP for services, value added (constant 2015 us$), per unit of gdp in 2024. That is the lowest value across all 23 years on record.

The figure is down 6.1% on the previous year and down 17.3% over ten years.

Over the whole period, services, value added (constant 2015 us$), per unit of gdp in Vanuatu peaked at 1.13 constant 2015 US$ per US$ of GDP in 2002 and was at its lowest, 0.4645 constant 2015 US$ per US$ of GDP, in 2024.

Vanuatu ranks 111th of 195 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 23 years of available data.

Services, value added (constant 2015 US$), per unit of GDP in Vanuatu, year by year

Year constant 2015 US$ per US$ of GDP Change
2002 1.13 constant 2015 US$ per US$ of GDP —
2003 1.01 constant 2015 US$ per US$ of GDP -10.8%
2004 0.9008 constant 2015 US$ per US$ of GDP -10.5%
2005 0.8876 constant 2015 US$ per US$ of GDP -1.5%
2006 0.8702 constant 2015 US$ per US$ of GDP -2.0%
2007 0.7463 constant 2015 US$ per US$ of GDP -14.2%
2008 0.6833 constant 2015 US$ per US$ of GDP -8.4%
2009 0.7121 constant 2015 US$ per US$ of GDP +4.2%
2010 0.6461 constant 2015 US$ per US$ of GDP -9.3%
2011 0.6032 constant 2015 US$ per US$ of GDP -6.6%
2012 0.6487 constant 2015 US$ per US$ of GDP +7.5%
2013 0.5569 constant 2015 US$ per US$ of GDP -14.1%
2014 0.5615 constant 2015 US$ per US$ of GDP +0.8%
2015 0.5844 constant 2015 US$ per US$ of GDP +4.1%
2016 0.5674 constant 2015 US$ per US$ of GDP -2.9%
2017 0.5314 constant 2015 US$ per US$ of GDP -6.3%
2018 0.5148 constant 2015 US$ per US$ of GDP -3.1%
2019 0.5305 constant 2015 US$ per US$ of GDP +3.1%
2020 0.5105 constant 2015 US$ per US$ of GDP -3.8%
2021 0.4758 constant 2015 US$ per US$ of GDP -6.8%
2022 0.4779 constant 2015 US$ per US$ of GDP +0.4%
2023 0.4946 constant 2015 US$ per US$ of GDP +3.5%
2024 0.4645 constant 2015 US$ per US$ of GDP -6.1%

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.8668 constant 2015 US$ per US$ of GDP 0.6833 constant 2015 US$ per US$ of GDP 1.13 constant 2015 US$ per US$ of GDP 8
2010s 0.5745 constant 2015 US$ per US$ of GDP 0.5148 constant 2015 US$ per US$ of GDP 0.6487 constant 2015 US$ per US$ of GDP 10
2020s 0.4847 constant 2015 US$ per US$ of GDP 0.4645 constant 2015 US$ per US$ of GDP 0.5105 constant 2015 US$ per US$ of GDP 5

Countries ranked near Vanuatu

  1. 108 Austria 0.4675 constant 2015 US$ per US$ of GDP compare
  2. 109 Portugal 0.4671 constant 2015 US$ per US$ of GDP compare
  3. 110 Mexico 0.4653 constant 2015 US$ per US$ of GDP compare
  4. 112 India 0.4642 constant 2015 US$ per US$ of GDP compare
  5. 113 Iraq 0.4619 constant 2015 US$ per US$ of GDP compare
  6. 114 Uruguay 0.4596 constant 2015 US$ per US$ of GDP compare

See the full ranking of 238 places →

More economy & growth data for Vanuatu

All data for Vanuatu →

Frequently asked questions

What is services, value added (constant 2015 us$), per unit of gdp in Vanuatu?
Services, value added (constant 2015 us$), per unit of gdp in Vanuatu was 0.4645 constant 2015 US$ per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest services, value added (constant 2015 us$), per unit of gdp recorded in Vanuatu?
The highest recorded value was 1.13 constant 2015 US$ per US$ of GDP in 2002.
What is the lowest services, value added (constant 2015 us$), per unit of gdp recorded in Vanuatu?
The lowest recorded value was 0.4645 constant 2015 US$ per US$ of GDP in 2024.
How does Vanuatu rank for services, value added (constant 2015 us$), per unit of gdp?
Vanuatu ranks 111th out of 195 countries with data for 2024.
Is services, value added (constant 2015 us$), per unit of gdp rising or falling in Vanuatu?
Over the last ten years it is down 17.3%. The long-run trend across the full record is falling.
Where does this Vanuatu data come from?
The figures come from Statizoid (derived), published as part of Services, value added (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.

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Services, value added (constant 2015 US$), per unit of GDP in Vanuatu. Statizoid, drawing on Statizoid (derived). Retrieved 31 August 2026, from https://economy.statizoid.com/stat/services-value-added-constant-2015-us-per-unit-of-gdp/vanuatu/

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How this figure is calculated

Services, value added (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Services, value added (constant 2015 US$) ÷ GDP (current US$)

Computed from

  • Services, value added Country official statistics, National Statistical Offices (NSOs)
  • GDP Country official statistics, National Statistical Organizations and/or Central Banks

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

Indicator
Services, value added (constant 2015 US$), per unit of GDP
Unit
constant 2015 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
238 places, 9,768 data points, 1960–2025
Last refreshed

Services, value added (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.