Value Added (Total Manufacturing) — Value Standard Local Currency in Vanuatu
Vanuatu: Value Added (Total Manufacturing) — Value Standard Local Currency was 3,592 million SLC in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value Standard Local Currency in Vanuatu, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2023, value added (total manufacturing) — value standard local currency in Vanuatu stood at 3,592 million SLC. That is the highest value across all 54 years on record.
The figure is up 7.1% on the previous year and up 46.7% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Vanuatu peaked at 3,592 million SLC in 2023 and was at its lowest, 143.57 million SLC, in 1970.
Vanuatu ranks 175th of 231 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Value Standard Local Currency in Vanuatu, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 143.57 million SLC | — |
| 1971 | 154.66 million SLC | +7.7% |
| 1972 | 166.57 million SLC | +7.7% |
| 1973 | 179.38 million SLC | +7.7% |
| 1974 | 193.17 million SLC | +7.7% |
| 1975 | 208.07 million SLC | +7.7% |
| 1976 | 224.07 million SLC | +7.7% |
| 1977 | 241.34 million SLC | +7.7% |
| 1978 | 270.52 million SLC | +12.1% |
| 1979 | 335.59 million SLC | +24.1% |
| 1980 | 317.01 million SLC | -5.5% |
| 1981 | 354.95 million SLC | +12.0% |
| 1982 | 386.42 million SLC | +8.9% |
| 1983 | 306.06 million SLC | -20.8% |
| 1984 | 423.18 million SLC | +38.3% |
| 1985 | 473.37 million SLC | +11.9% |
| 1986 | 463.52 million SLC | -2.1% |
| 1987 | 603.27 million SLC | +30.1% |
| 1988 | 690.86 million SLC | +14.5% |
| 1989 | 866.03 million SLC | +25.4% |
| 1990 | 1,033 million SLC | +19.3% |
| 1991 | 1,260 million SLC | +21.9% |
| 1992 | 1,240 million SLC | -1.6% |
| 1993 | 1,220 million SLC | -1.6% |
| 1994 | 1,299 million SLC | +6.5% |
| 1995 | 1,364 million SLC | +5.0% |
| 1996 | 1,392 million SLC | +2.0% |
| 1997 | 1,419 million SLC | +2.0% |
| 1998 | 1,429 million SLC | +0.7% |
| 1999 | 1,500 million SLC | +5.0% |
| 2000 | 1,640 million SLC | +9.3% |
| 2001 | 1,635 million SLC | -0.3% |
| 2002 | 1,539 million SLC | -5.9% |
| 2003 | 1,577 million SLC | +2.5% |
| 2004 | 1,646 million SLC | +4.4% |
| 2005 | 1,639 million SLC | -0.4% |
| 2006 | 1,756 million SLC | +7.1% |
| 2007 | 1,645 million SLC | -6.3% |
| 2008 | 1,531 million SLC | -6.9% |
| 2009 | 1,862 million SLC | +21.6% |
| 2010 | 3,242 million SLC | +74.1% |
| 2011 | 2,986 million SLC | -7.9% |
| 2012 | 2,604 million SLC | -12.8% |
| 2013 | 2,448 million SLC | -6.0% |
| 2014 | 2,621 million SLC | +7.1% |
| 2015 | 2,716 million SLC | +3.6% |
| 2016 | 2,754 million SLC | +1.4% |
| 2017 | 2,755 million SLC | +0.0% |
| 2018 | 2,798 million SLC | +1.6% |
| 2019 | 3,143 million SLC | +12.3% |
| 2020 | 2,716 million SLC | -13.6% |
| 2021 | 2,951 million SLC | +8.7% |
| 2022 | 3,355 million SLC | +13.7% |
| 2023 | 3,592 million SLC | +7.1% |
Vanuatu compared with similar countries
- Vanuatu's 3,592 million SLC is below the median for lower middle income countries, which is 183,468 million SLC, 2% of the median. (44 countries reporting)
- Vanuatu's 3,592 million SLC is below the median for East Asia & Pacific, which is 35,640 million SLC, 10% of the median. (28 countries reporting)
Biggest year-on-year movements
Years where Value Added (Total Manufacturing) — Value Standard Local Currency in Vanuatu changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2010 | +74.1% | 1,862 million SLC | 3,242 million SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 211.69 million SLC | 143.57 million SLC | 335.59 million SLC | 10 |
| 1980s | 488.47 million SLC | 306.06 million SLC | 866.03 million SLC | 10 |
| 1990s | 1,316 million SLC | 1,033 million SLC | 1,500 million SLC | 10 |
| 2000s | 1,647 million SLC | 1,531 million SLC | 1,862 million SLC | 10 |
| 2010s | 2,807 million SLC | 2,448 million SLC | 3,242 million SLC | 10 |
| 2020s | 3,153 million SLC | 2,716 million SLC | 3,592 million SLC | 4 |
Countries ranked near Vanuatu
- 172 Brunei Darussalam 3,783 million SLC compare
- 172 Brunei 3,783 million SLC compare
- 174 Oman 3,782 million SLC compare
- 176 Bahrain 3,202 million SLC compare
- 177 China, Macao SAR 2,814 million SLC compare
- 178 Luxembourg 2,801 million SLC 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 value added (total manufacturing) — value standard local currency in Vanuatu?
- Value added (total manufacturing) — value standard local currency in Vanuatu was 3,592 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value standard local currency recorded in Vanuatu?
- The highest recorded value was 3,592 million SLC in 2023.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Vanuatu?
- The lowest recorded value was 143.57 million SLC in 1970.
- How does Vanuatu rank for value added (total manufacturing) — value standard local currency?
- Vanuatu ranks 175th out of 231 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Vanuatu?
- Over the last ten years it is up 46.7%. The long-run trend across the full record is volatile.
- Where does this Vanuatu data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Total Manufacturing) — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).