Terms of trade adjustment in Vanuatu
Vanuatu: Terms of trade adjustment was 0 constant LCU in 2024. ◆ Volatile
Terms of trade adjustment in Vanuatu, 2002–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2024, terms of trade adjustment in Vanuatu stood at 0 constant LCU.
Compared with earlier readings it is down 100.0% on the previous year and down 100.0% over ten years.
Over the whole period, terms of trade adjustment in Vanuatu peaked at 14.81 billion constant LCU in 2007 and was at its lowest, -13.19 billion constant LCU, in 2019.
Vanuatu ranks 100th of 178 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.
Terms of trade adjustment in Vanuatu, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2002 | 4.92 billion constant LCU | — |
| 2003 | 3.96 billion constant LCU | -19.6% |
| 2004 | 5.26 billion constant LCU | +33.1% |
| 2005 | 3.40 billion constant LCU | -35.4% |
| 2006 | 4.42 billion constant LCU | +30.1% |
| 2007 | 14.81 billion constant LCU | +234.9% |
| 2008 | 9.08 billion constant LCU | -38.7% |
| 2009 | 9.25 billion constant LCU | +1.9% |
| 2010 | 9.46 billion constant LCU | +2.3% |
| 2011 | 6.28 billion constant LCU | -33.6% |
| 2012 | 10.58 billion constant LCU | +68.4% |
| 2013 | 11.10 billion constant LCU | +4.9% |
| 2014 | 8.83 billion constant LCU | -20.4% |
| 2015 | -397.70 million constant LCU | -104.5% |
| 2016 | -279.84 million constant LCU | -29.6% |
| 2017 | -3.75 billion constant LCU | +1239.3% |
| 2018 | -6.48 billion constant LCU | +73.0% |
| 2019 | -13.19 billion constant LCU | +103.5% |
| 2020 | 3.17 billion constant LCU | -124.0% |
| 2021 | 1.88 billion constant LCU | -40.6% |
| 2022 | 593.59 million constant LCU | -68.4% |
| 2023 | 3.68 billion constant LCU | +520.6% |
| 2024 | 0 constant LCU | -100.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.89 billion constant LCU | 3.40 billion constant LCU | 14.81 billion constant LCU | 8 |
| 2010s | 2.22 billion constant LCU | -13.19 billion constant LCU | 11.10 billion constant LCU | 10 |
| 2020s | 1.87 billion constant LCU | 0 constant LCU | 3.68 billion constant LCU | 5 |
Countries ranked near Vanuatu
- 97 Guam 1.01 million constant LCU compare
- 98 Bangladesh 39,501 constant LCU compare
- 99 San Marino 24.57 constant LCU compare
- 100 Eritrea 0 constant LCU compare
- 100 Zambia 0 constant LCU compare
- 103 Turkmenistan -1.74 million constant LCU 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)
- GNI, Atlas method (current US$), annual growth rate 9.03 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 1.09 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 4,407 current US$ per person (2025)
- GNI (current US$), annual growth rate 6.98 % change on previous year (2025)
- GNI (current US$), per unit of GDP 1.1 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 4,435 current US$ per person (2025)
- GNI (current LCU), annual growth rate 8.02 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 132.13 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is terms of trade adjustment in Vanuatu?
- Terms of trade adjustment in Vanuatu was 0 constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest terms of trade adjustment recorded in Vanuatu?
- The highest recorded value was 14.81 billion constant LCU in 2007.
- What is the lowest terms of trade adjustment recorded in Vanuatu?
- The lowest recorded value was -13.19 billion constant LCU in 2019.
- How does Vanuatu rank for terms of trade adjustment?
- Vanuatu ranks 100th out of 178 countries with data for 2024.
- Is terms of trade adjustment rising or falling in Vanuatu?
- Over the last ten years it is down 100.0%. The long-run trend across the full record is volatile.
- Where does this Vanuatu data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Terms of trade adjustment (constant LCU). Statizoid updates them automatically from the source API.
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About this data
The terms of trade adjustment is equal to the capacity to import (current price value of exports of goods and services deflated by the import price index) less exports of goods and services in constant prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.