Trade in services (% of GDP) in Vanuatu
Vanuatu: Trade in services (% of GDP) was 26.7% in 2022. ▬ Flat
Trade in services in Vanuatu, 1982–2022
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2022, trade in services in Vanuatu stood at 26.7%.
That represents a change of up 15.5% on the previous year and down 55.3% over ten years.
Over the whole period, trade in services in Vanuatu peaked at 74.5% in 2001 and was at its lowest, 23.1%, in 2021.
Vanuatu ranks 82nd of 200 countries on this measure, in the middle of the range.
Trade in services (% of GDP) in Vanuatu, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1982 | 44.8% | — |
| 1983 | 46.8% | +4.3% |
| 1984 | 43.3% | -7.6% |
| 1985 | 44.4% | +2.6% |
| 1986 | 36.7% | -17.4% |
| 1987 | 37.1% | +1.2% |
| 1988 | 36.5% | -1.7% |
| 1989 | 38.6% | +5.7% |
| 1990 | 49.8% | +29.0% |
| 1991 | 46.2% | -7.1% |
| 1992 | 46.3% | +0.1% |
| 1993 | 49.3% | +6.6% |
| 1994 | 47.7% | -3.2% |
| 1995 | 46.9% | -1.8% |
| 1996 | 49.4% | +5.4% |
| 1997 | 45.4% | -8.3% |
| 1998 | 65.2% | +43.6% |
| 1999 | 69.7% | +7.0% |
| 2000 | 73.5% | +5.4% |
| 2001 | 74.5% | +1.4% |
| 2002 | 55.3% | -25.8% |
| 2003 | 54.5% | -1.5% |
| 2004 | 51.5% | -5.5% |
| 2005 | 53.8% | +4.6% |
| 2006 | 49.4% | -8.2% |
| 2007 | 50.7% | +2.5% |
| 2008 | 62.3% | +23.0% |
| 2009 | 60.2% | -3.3% |
| 2010 | 59.8% | -0.7% |
| 2011 | 55.6% | -7.1% |
| 2012 | 59.9% | +7.7% |
| 2013 | 58.1% | -3.0% |
| 2014 | 52.8% | -9.2% |
| 2015 | 50.8% | -3.7% |
| 2016 | 50.7% | -0.2% |
| 2017 | 51.4% | +1.5% |
| 2018 | 53.3% | +3.6% |
| 2019 | 47.0% | -11.7% |
| 2020 | 26.7% | -43.3% |
| 2021 | 23.1% | -13.2% |
| 2022 | 26.7% | +15.5% |
Vanuatu compared with similar countries
- Vanuatu's 26.7% is above the median for lower middle income countries, which is 13.8%, 1.9× the median. (47 countries reporting)
- Vanuatu's 26.7% is above the median for East Asia & Pacific, which is 26.5%, 1.0× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 41.0% | 36.5% | 46.8% | 8 |
| 1990s | 51.6% | 45.4% | 69.7% | 10 |
| 2000s | 58.6% | 49.4% | 74.5% | 10 |
| 2010s | 53.9% | 47.0% | 59.9% | 10 |
| 2020s | 25.5% | 23.1% | 26.7% | 3 |
Countries ranked near Vanuatu
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 trade in services in Vanuatu?
- Trade in services in Vanuatu was 26.7% in 2022, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest trade in services recorded in Vanuatu?
- The highest recorded value was 74.5% in 2001.
- What is the lowest trade in services recorded in Vanuatu?
- The lowest recorded value was 23.1% in 2021.
- How does Vanuatu rank for trade in services?
- Vanuatu ranks 82nd out of 200 countries with data for 2022.
- Is trade in services rising or falling in Vanuatu?
- Over the last ten years it is down 55.3%. The long-run trend across the full record is flat.
- Where does this Vanuatu data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Trade in services (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Total trade in services includes services provided by residents to non-residents plus services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.