Volume of remittances (in United States dollars) as a proportion of in Vanuatu
Vanuatu: Volume of remittances (in United States dollars) as a proportion of was 18.8% in 2022. ◆ Volatile
Latest (2022)
18.8%
Change on year
down 10.8%
World rank
17th
of 203 countries
All-time high
21.0%
in 2021
All-time low
1.1%
in 2007
Years of data
23
2000–2022
Volume of remittances (in United States dollars) as a proportion of in Vanuatu, 2000–2022
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Vanuatu recorded 18.8% for volume of remittances (in united states dollars) as a proportion of in 2022.
That represents a change of down 10.8% on the previous year and up 536.3% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Vanuatu peaked at 21.0% in 2021 and was at its lowest, 1.1%, in 2007.
That places Vanuatu 17th out of 203 countries with data for 2022, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Volume of remittances (in United States dollars) as a proportion of in Vanuatu, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 5.0% | — |
| 2001 | 7.1% | +43.9% |
| 2002 | 1.6% | -78.2% |
| 2003 | 1.3% | -18.6% |
| 2004 | 1.4% | +6.3% |
| 2005 | 1.3% | -4.4% |
| 2006 | 1.1% | -12.0% |
| 2007 | 1.1% | -5.5% |
| 2008 | 1.5% | +40.5% |
| 2009 | 1.9% | +28.6% |
| 2010 | 1.8% | -9.5% |
| 2011 | 2.8% | +61.1% |
| 2012 | 2.9% | +4.3% |
| 2013 | 3.1% | +6.1% |
| 2014 | 5.4% | +71.9% |
| 2015 | 5.2% | -2.9% |
| 2016 | 6.1% | +16.3% |
| 2017 | 9.8% | +60.9% |
| 2018 | 12.6% | +28.9% |
| 2019 | 16.2% | +29.0% |
| 2020 | 14.0% | -14.0% |
| 2021 | 21.0% | +50.5% |
| 2022 | 18.8% | -10.8% |
Vanuatu compared with similar countries
- Vanuatu's 18.8% is above the median for lower middle income countries, which is 6.1%, 3.1× the median. (43 countries reporting)
- Vanuatu's 18.8% is above the median for East Asia & Pacific, which is 3.8%, 5.0× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.3% | 1.1% | 7.1% | 10 |
| 2010s | 6.6% | 1.8% | 16.2% | 10 |
| 2020s | 17.9% | 14.0% | 21.0% | 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 volume of remittances (in united states dollars) as a proportion of in Vanuatu?
- Volume of remittances (in united states dollars) as a proportion of in Vanuatu was 18.8% in 2022, according to United Nations Statistics Division, SDG Global Database.
- What is the highest volume of remittances (in united states dollars) as a proportion of recorded in Vanuatu?
- The highest recorded value was 21.0% in 2021.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Vanuatu?
- The lowest recorded value was 1.1% in 2007.
- How does Vanuatu rank for volume of remittances (in united states dollars) as a proportion of?
- Vanuatu ranks 17th out of 203 countries with data for 2022.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in Vanuatu?
- Over the last ten years it is up 536.3%. The long-run trend across the full record is volatile.
- Where does this Vanuatu data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Volume of remittances (in United States dollars) as a proportion of total GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 observations, free to reuse under UN SDG Global Database (open, attribution requested).