Services, value added in Vanuatu
Vanuatu: Services, value added was 736.78 million current US$ in 2024. ▲ Rising
Services, value added in Vanuatu, 2002–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Vanuatu recorded 736.78 million current US$ for services, value added in 2024. That is the highest value across all 23 years on record.
Compared with earlier readings it is up 6.9% on the previous year and up 40.1% over ten years.
Over the whole period, services, value added in Vanuatu peaked at 736.78 million current US$ in 2024 and was at its lowest, 154.78 million current US$, in 2002.
Vanuatu ranks 196th of 203 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 23 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 267.58 million current US$ | 154.78 million current US$ | 362.03 million current US$ | 8 |
| 2010s | 529.93 million current US$ | 414.02 million current US$ | 635.77 million current US$ | 10 |
| 2020s | 665.69 million current US$ | 585.84 million current US$ | 736.78 million current US$ | 5 |
Countries ranked near Vanuatu
- 193 Sao Tome and Principe 798.68 million current US$ compare
- 194 Saint Kitts and Nevis 783.00 million current US$ compare
- 195 Solomon Islands 743.21 million current US$ compare
- 197 Dominica 414.19 million current US$ compare
- 198 Micronesia (country) 327.49 million current US$ compare
- 199 Tonga 320.74 million current US$ compare
More economy & growth data for Vanuatu
- External balance on goods and services as a percent of GDP -22.7% (2024)
- Inflation of consumer prices 0.7% (2025)
- GDP per capita 3,249 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 4.0% (2024)
- Gross domestic product (GDP) 1.09 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 3,249 constant 2015 US$ (2025)
- DEC alternative conversion factor 120.33 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 21.20 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 176.23 million current US$ (2025)
- Taxes less subsidies on products 15.82 billion current LCU (2024)
Frequently asked questions
- What is services, value added in Vanuatu?
- Services, value added in Vanuatu was 736.78 million current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Vanuatu?
- The highest recorded value was 736.78 million current US$ in 2024.
- What is the lowest services, value added recorded in Vanuatu?
- The lowest recorded value was 154.78 million current US$ in 2002.
- How does Vanuatu rank for services, value added?
- Vanuatu ranks 196th out of 203 countries with data for 2024.
- Is services, value added rising or falling in Vanuatu?
- Over the last ten years it is up 40.1%. The long-run trend across the full record is rising.
- Where does this Vanuatu data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Services, value added (current US$). Statizoid updates them automatically from the source API.
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About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.