Travel services in Vanuatu
Vanuatu: Travel services was 50.5% in 2022. ◆ Volatile
Travel services in Vanuatu, 1982–2022
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service imports, BoP.
Analysis
The most recent figure for travel services in Vanuatu is 50.5%, measured in 2022.
That represents a change of down 4.6% on the previous year and up 98.7% over ten years.
Over the whole period, travel services in Vanuatu peaked at 52.9% in 2021 and was at its lowest, 2.8%, in 1991.
Vanuatu ranks 11th of 198 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Travel services in Vanuatu, year by year
| Year | % of service imports, BoP | Change |
|---|---|---|
| 1982 | 14.2% | — |
| 1983 | 12.2% | -14.0% |
| 1984 | 10.3% | -15.5% |
| 1985 | 10.9% | +5.8% |
| 1986 | 11.8% | +7.6% |
| 1987 | 8.9% | -24.7% |
| 1988 | 10.4% | +17.8% |
| 1989 | 7.8% | -25.3% |
| 1990 | 4.5% | -42.5% |
| 1991 | 2.8% | -36.9% |
| 1992 | 3.2% | +13.9% |
| 1993 | 13.2% | +310.1% |
| 1994 | 13.0% | -1.7% |
| 1995 | 13.1% | +0.7% |
| 1996 | 13.6% | +4.3% |
| 1997 | 14.0% | +2.6% |
| 1998 | 13.8% | -1.2% |
| 1999 | 12.9% | -6.7% |
| 2000 | 12.7% | -1.6% |
| 2001 | 10.8% | -14.9% |
| 2002 | 17.7% | +63.7% |
| 2003 | 19.0% | +7.6% |
| 2004 | 19.7% | +3.9% |
| 2005 | 15.2% | -23.2% |
| 2006 | 12.0% | -20.9% |
| 2007 | 14.0% | +17.0% |
| 2008 | 21.3% | +51.8% |
| 2009 | 22.5% | +5.7% |
| 2010 | 23.9% | +6.3% |
| 2011 | 24.3% | +1.5% |
| 2012 | 25.4% | +4.6% |
| 2013 | 27.7% | +9.0% |
| 2014 | 26.9% | -3.0% |
| 2015 | 15.7% | -41.7% |
| 2016 | 23.2% | +48.1% |
| 2017 | 31.3% | +35.0% |
| 2018 | 36.2% | +15.5% |
| 2019 | 46.5% | +28.4% |
| 2020 | 41.2% | -11.3% |
| 2021 | 52.9% | +28.5% |
| 2022 | 50.5% | -4.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 10.8% | 7.8% | 14.2% | 8 |
| 1990s | 10.4% | 2.8% | 14.0% | 10 |
| 2000s | 16.5% | 10.8% | 22.5% | 10 |
| 2010s | 28.1% | 15.7% | 46.5% | 10 |
| 2020s | 48.2% | 41.2% | 52.9% | 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)
- 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 50.5% 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 52.9% in 2021.
- What is the lowest travel services recorded in Vanuatu?
- The lowest recorded value was 2.8% in 1991.
- How does Vanuatu rank for travel services?
- Vanuatu ranks 11th out of 198 countries with data for 2022.
- Is travel services rising or falling in Vanuatu?
- Over the last ten years it is up 98.7%. The long-run trend across the full record is volatile.
- 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 imports, 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 imports which are services provided by non-residents to residents.