Services, value added (current US$), per unit of GDP in Vanuatu
Vanuatu: Services, value added (current US$), per unit of GDP was 0.5676 current US$ per US$ of GDP in 2024. ▼ Falling
Services, value added (current US$), per unit of GDP in Vanuatu, 2002–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
Vanuatu recorded 0.5676 current US$ per US$ of GDP for services, value added (current us$), per unit of gdp in 2024. That is the lowest value across all 23 years on record.
Compared with earlier readings it is down 2.1% on the previous year and down 5.1% over ten years.
Over the whole period, services, value added (current us$), per unit of gdp in Vanuatu peaked at 0.6393 current US$ per US$ of GDP in 2012 and was at its lowest, 0.5676 current US$ per US$ of GDP, in 2024.
That places Vanuatu 113th out of 204 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 23 years of available data.
Services, value added (current US$), per unit of GDP in Vanuatu, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 2002 | 0.5894 current US$ per US$ of GDP | — |
| 2003 | 0.6166 current US$ per US$ of GDP | +4.6% |
| 2004 | 0.6116 current US$ per US$ of GDP | -0.8% |
| 2005 | 0.6227 current US$ per US$ of GDP | +1.8% |
| 2006 | 0.6345 current US$ per US$ of GDP | +1.9% |
| 2007 | 0.6202 current US$ per US$ of GDP | -2.3% |
| 2008 | 0.6128 current US$ per US$ of GDP | -1.2% |
| 2009 | 0.6104 current US$ per US$ of GDP | -0.4% |
| 2010 | 0.6173 current US$ per US$ of GDP | +1.1% |
| 2011 | 0.6339 current US$ per US$ of GDP | +2.7% |
| 2012 | 0.6393 current US$ per US$ of GDP | +0.9% |
| 2013 | 0.6126 current US$ per US$ of GDP | -4.2% |
| 2014 | 0.5984 current US$ per US$ of GDP | -2.3% |
| 2015 | 0.5844 current US$ per US$ of GDP | -2.3% |
| 2016 | 0.6009 current US$ per US$ of GDP | +2.8% |
| 2017 | 0.5866 current US$ per US$ of GDP | -2.4% |
| 2018 | 0.5767 current US$ per US$ of GDP | -1.7% |
| 2019 | 0.5989 current US$ per US$ of GDP | +3.9% |
| 2020 | 0.5758 current US$ per US$ of GDP | -3.9% |
| 2021 | 0.5905 current US$ per US$ of GDP | +2.6% |
| 2022 | 0.5825 current US$ per US$ of GDP | -1.4% |
| 2023 | 0.5798 current US$ per US$ of GDP | -0.5% |
| 2024 | 0.5676 current US$ per US$ of GDP | -2.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.6148 current US$ per US$ of GDP | 0.5894 current US$ per US$ of GDP | 0.6345 current US$ per US$ of GDP | 8 |
| 2010s | 0.6049 current US$ per US$ of GDP | 0.5767 current US$ per US$ of GDP | 0.6393 current US$ per US$ of GDP | 10 |
| 2020s | 0.5793 current US$ per US$ of GDP | 0.5676 current US$ per US$ of GDP | 0.5905 current US$ per US$ of GDP | 5 |
Countries ranked near Vanuatu
- 110 North Macedonia 0.5695 current US$ per US$ of GDP compare
- 111 San Marino 0.569 current US$ per US$ of GDP compare
- 112 Jordan 0.5677 current US$ per US$ of GDP compare
- 114 Ireland 0.5674 current US$ per US$ of GDP compare
- 115 South Sudan 0.5655 current US$ per US$ of GDP compare
- 116 Argentina 0.5615 current 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)
- Services, value added (current US$), annual growth rate 6.95 % change on previous year (2024)
- Services, value added (current US$), per capita 2,248 current US$ per person (2024)
- Services, value added (current LCU), annual growth rate 6.99 % change on previous year (2024)
- Services, value added (current LCU), per unit of GDP 67.64 current LCU per US$ of GDP (2024)
- Services, value added (current LCU), per capita 267,862 current LCU per person (2024)
- Services, value added (constant 2015 US$), annual growth rate 2.59 % change on previous year (2024)
- Services, value added (constant 2015 US$), per unit of GDP 0.4645 constant 2015 US$ per US$ of GDP (2024)
- Services, value added (constant 2015 US$), per capita 1,839 constant 2015 US$ per person (2024)
Frequently asked questions
- What is services, value added (current us$), per unit of gdp in Vanuatu?
- Services, value added (current us$), per unit of gdp in Vanuatu was 0.5676 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest services, value added (current us$), per unit of gdp recorded in Vanuatu?
- The highest recorded value was 0.6393 current US$ per US$ of GDP in 2012.
- What is the lowest services, value added (current us$), per unit of gdp recorded in Vanuatu?
- The lowest recorded value was 0.5676 current US$ per US$ of GDP in 2024.
- How does Vanuatu rank for services, value added (current us$), per unit of gdp?
- Vanuatu ranks 113th out of 204 countries with data for 2024.
- Is services, value added (current us$), per unit of gdp rising or falling in Vanuatu?
- Over the last ten years it is down 5.1%. 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 (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Services, value added (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Services, value added (current US$) ÷ GDP (current US$)
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Services, value added (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.