Services, value added (current US$), annual growth rate in Vanuatu
Vanuatu: Services, value added (current US$), annual growth rate was 6.95 % change on previous year in 2024. ◆ Volatile
Services, value added (current US$), annual growth rate in Vanuatu, 2003–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for services, value added (current us$), annual growth rate in Vanuatu is 6.95 % change on previous year, measured in 2024.
The figure is up 159.0% on the previous year and up 1,393.5% over ten years.
Over the whole period, services, value added (current us$), annual growth rate in Vanuatu peaked at 25.27 % change on previous year in 2003 and was at its lowest, -7.85 % change on previous year, in 2020.
Vanuatu ranks 126th of 204 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added (current US$), annual growth rate in Vanuatu, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2003 | 25.27 % change on previous year | — |
| 2004 | 15.12 % change on previous year | -40.2% |
| 2005 | 10.19 % change on previous year | -32.7% |
| 2006 | 13.35 % change on previous year | +31.1% |
| 2007 | 14.88 % change on previous year | +11.5% |
| 2008 | 13.03 % change on previous year | -12.4% |
| 2009 | -0.0865 % change on previous year | -100.7% |
| 2010 | 14.46 % change on previous year | -16824.6% |
| 2011 | 17.91 % change on previous year | +23.9% |
| 2012 | -2.06 % change on previous year | -111.5% |
| 2013 | 10.63 % change on previous year | -614.7% |
| 2014 | -0.5369 % change on previous year | -105.1% |
| 2015 | -4.98 % change on previous year | +827.9% |
| 2016 | 9.23 % change on previous year | -285.3% |
| 2017 | 7.28 % change on previous year | -21.2% |
| 2018 | 1.84 % change on previous year | -74.7% |
| 2019 | 6.58 % change on previous year | +257.7% |
| 2020 | -7.85 % change on previous year | -219.4% |
| 2021 | 10.26 % change on previous year | -230.6% |
| 2022 | 3.87 % change on previous year | -62.3% |
| 2023 | 2.68 % change on previous year | -30.7% |
| 2024 | 6.95 % change on previous year | +159.0% |
Vanuatu compared with similar countries
- Vanuatu's 6.95 % change on previous year is below the median for lower middle income countries, which is 10.75 % change on previous year, 65% of the median. (47 countries reporting)
- Vanuatu's 6.95 % change on previous year is above the median for East Asia & Pacific, which is 6.62 % change on previous year, 1.0× the median. (31 countries reporting)
Biggest year-on-year movements
Years where Services, value added (current US$), annual growth rate in Vanuatu changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2010 | +16824.6% | -0.0865 % change on previous year | 14.46 % change on previous year |
| 2015 | -827.9% | -0.5369 % change on previous year | -4.98 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 13.11 % change on previous year | -0.0865 % change on previous year | 25.27 % change on previous year | 7 |
| 2010s | 6.03 % change on previous year | -4.98 % change on previous year | 17.91 % change on previous year | 10 |
| 2020s | 3.18 % change on previous year | -7.85 % change on previous year | 10.26 % change on previous year | 5 |
Countries ranked near Vanuatu
- 123 Mauritania 7.2 % change on previous year compare
- 124 Faroe Islands 7.14 % change on previous year compare
- 125 Curacao 7.03 % change on previous year compare
- 127 Italy 6.79 % change on previous year compare
- 128 Costa Rica 6.71 % change on previous year compare
- 129 Bermuda 6.68 % change on previous year compare
More economy & growth data for Vanuatu
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.2699 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.49 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate -3.47 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0163 units per US$ 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 (current us$), annual growth rate in Vanuatu?
- Services, value added (current us$), annual growth rate in Vanuatu was 6.95 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest services, value added (current us$), annual growth rate recorded in Vanuatu?
- The highest recorded value was 25.27 % change on previous year in 2003.
- What is the lowest services, value added (current us$), annual growth rate recorded in Vanuatu?
- The lowest recorded value was -7.85 % change on previous year in 2020.
- How does Vanuatu rank for services, value added (current us$), annual growth rate?
- Vanuatu ranks 126th out of 204 countries with data for 2024.
- Is services, value added (current us$), annual growth rate rising or falling in Vanuatu?
- Over the last ten years it is up 1,393.5%. 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 Services, value added (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Services, value added (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
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 Services, value added (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.