Travel services in Vanuatu
Vanuatu: Travel services was 49.8% in 2022. ▲ Rising
Travel services in Vanuatu, 1982–2022
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service exports, BoP.
Analysis
The most recent figure for travel services in Vanuatu is 49.8%, measured in 2022.
That represents a change of up 530.4% on the previous year and down 37.8% over ten years.
Over the whole period, travel services in Vanuatu peaked at 82.0% in 2019 and was at its lowest, 7.9%, in 2021.
Vanuatu ranks 69th of 198 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 41 years of available data.
Travel services in Vanuatu, year by year
| Year | % of service exports, BoP | Change |
|---|---|---|
| 1982 | 57.6% | — |
| 1983 | 58.1% | +0.9% |
| 1984 | 56.2% | -3.3% |
| 1985 | 49.6% | -11.7% |
| 1986 | 46.9% | -5.5% |
| 1987 | 38.9% | -17.0% |
| 1988 | 44.3% | +14.0% |
| 1989 | 56.4% | +27.1% |
| 1990 | 64.1% | +13.7% |
| 1991 | 52.6% | -17.9% |
| 1992 | 55.2% | +5.0% |
| 1993 | 56.1% | +1.6% |
| 1994 | 51.8% | -7.6% |
| 1995 | 55.6% | +7.2% |
| 1996 | 59.9% | +7.7% |
| 1997 | 60.6% | +1.2% |
| 1998 | 53.0% | -12.6% |
| 1999 | 43.6% | -17.7% |
| 2000 | 43.2% | -0.8% |
| 2001 | 38.7% | -10.5% |
| 2002 | 57.9% | +49.6% |
| 2003 | 57.8% | -0.2% |
| 2004 | 61.3% | +6.2% |
| 2005 | 61.6% | +0.4% |
| 2006 | 63.4% | +3.0% |
| 2007 | 63.8% | +0.7% |
| 2008 | 72.4% | +13.4% |
| 2009 | 76.7% | +5.9% |
| 2010 | 78.5% | +2.3% |
| 2011 | 78.8% | +0.4% |
| 2012 | 80.0% | +1.5% |
| 2013 | 81.4% | +1.8% |
| 2014 | 80.0% | -1.8% |
| 2015 | 80.6% | +0.7% |
| 2016 | 78.2% | -2.9% |
| 2017 | 81.7% | +4.5% |
| 2018 | 77.5% | -5.1% |
| 2019 | 82.0% | +5.8% |
| 2020 | 63.5% | -22.5% |
| 2021 | 7.9% | -87.6% |
| 2022 | 49.8% | +530.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 51.0% | 38.9% | 58.1% | 8 |
| 1990s | 55.2% | 43.6% | 64.1% | 10 |
| 2000s | 59.7% | 38.7% | 76.7% | 10 |
| 2010s | 79.9% | 77.5% | 82.0% | 10 |
| 2020s | 40.4% | 7.9% | 63.5% | 3 |
Countries ranked near Vanuatu
- 66 New Zealand 51.1% compare
- 67 South Sudan 50.9% compare
- 68 Uzbekistan 50.4% compare
- 70 Colombia 48.1% compare
- 71 Mauritius 48.1% compare
- 72 Türkiye 48.0% 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 2.79 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0021 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 8.5 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 28.86 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 211.4 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0222 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 88.05 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -4.52 % change on previous year (2024)
Frequently asked questions
- What is travel services in Vanuatu?
- Travel services in Vanuatu was 49.8% in 2022, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest travel services recorded in Vanuatu?
- The highest recorded value was 82.0% in 2019.
- What is the lowest travel services recorded in Vanuatu?
- The lowest recorded value was 7.9% in 2021.
- How does Vanuatu rank for travel services?
- Vanuatu ranks 69th out of 198 countries with data for 2022.
- Is travel services rising or falling in Vanuatu?
- Over the last ten years it is down 37.8%. The long-run trend across the full record is rising.
- 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 Travel services (% of service exports, BoP). Statizoid updates them automatically from the source API.
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About this data
Travel services cover goods and services for own use or to give away acquired from an economy by nonresidents during visits to that economy, or acquired from other economies by residents during visits to these other economies. This indicator is expressed as a percentage of service exports which are services provided by residents to non-residents.