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% |
Vanuatu compared with similar countries
- Vanuatu's 0.5676 current US$ per US$ of GDP is above the median for lower middle income countries, which is 0.5117 current US$ per US$ of GDP, 1.1× the median. (47 countries reporting)
- Vanuatu's 0.5676 current US$ per US$ of GDP is below the median for East Asia & Pacific, which is 0.6018 current US$ per US$ of GDP, 94% of the median. (31 countries reporting)
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)
- 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$), per unit of gdp in Vanuatu?
- Services, value added (current us$), 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$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Services, value added (current US$) 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.