Services, value added (constant 2015 US$), per unit of GDP (unit GDP) in Vanuatu
Vanuatu: Services, value added (constant 2015 US$), per unit of GDP (unit GDP) was 0.4645 constant 2015 US$ per US$ of GDP in 2024. ▼ Falling
Services, value added (constant 2015 US$), per unit of GDP in Vanuatu, 2002–2024
Source: Statizoid (derived). Measured in constant 2015 US$ 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$), per unit of GDP (unit GDP) in Vanuatu, year by year
| Year | constant 2015 US$ 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% |
Vanuatu compared with similar countries
- Vanuatu's 0.4645 constant 2015 US$ per US$ of GDP is above the median for lower middle income countries, which is 0.4243 constant 2015 US$ per US$ of GDP, 1.1× the median. (46 countries reporting)
- Vanuatu's 0.4645 constant 2015 US$ per US$ of GDP is below the median for East Asia & Pacific, which is 0.5007 constant 2015 US$ per US$ of GDP, 93% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
- 108 Austria 0.4675 constant 2015 US$ per US$ of GDP compare
- 109 Portugal 0.4671 constant 2015 US$ per US$ of GDP compare
- 110 Mexico 0.4653 constant 2015 US$ per US$ of GDP compare
- 112 India 0.4642 constant 2015 US$ per US$ of GDP compare
- 113 Iraq 0.4619 constant 2015 US$ per US$ of GDP compare
- 114 Uruguay 0.4596 constant 2015 US$ per US$ of GDP 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)
- SDRs holdings, US dollar, annual growth rate -3.47 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0163 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 65.88 units per person (2025)
- SDRs holdings, SDR, annual growth rate -8.08 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0119 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 48.11 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0198 units per US$ of GDP (2025)
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$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Services, value added (constant 2015 US$) 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$)
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Services, value added (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.