28, May 2012, CEST. Welcome to the Econ Stats Beta from EconomyWatch.com.

Country: Vanuatu
National or Regional Currency: Vatu, VUV
Year of data: 2013 › Change year
Date of Last Update: 1st August 2011
Area: total: 12,189 sq km land: 12,189 sq km water: 0 sq km note: includes more than 80 islands, about 65 of which are inhabited
Natural Resources: manganese, hardwood forests, fish
Capital: name: Port-Vila (on Efate) geographic coordinates: 17 44 S, 168 19 E time difference: UTC+11 (16 hours ahead of Washington, DC during Standard Time)
Data Source: All Sources (IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International)
More on the Vanuatu Economy
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GDP (Constant Prices, National Currency) for Vanuatu in year 2013 is VUV 65.139 Billion. Real GDP is expressed in billions of national currency units; the base year is country-specific.

GDP Growth (Constant Prices, National Currency) for Vanuatu in year 2013 is 3.996 %. Annual percentages of constant price GDP are year-on-year changes; the base year is country-specific.

GDP (Current Prices, National Currency) for Vanuatu in year 2013 is VUV 82.73 Billion. GDP is expressed in billions of national currency units.

GDP (Current Prices, US Dollars) for Vanuatu in year 2013 is US$ 0.888 Billion. Values are based upon GDP in national currency and the exchange rate projections provided by country economists for the group of other emerging market and developing countries. Exchanges rates for advanced economies are established in the WEO assumptions.

GDP Deflator for Vanuatu in year 2013 is 127.005 (Index, Base Year as per country's accounts = 100). The GDP deflator is derived by dividing current price GDP by constant price GDP and is considered to be an alternate measure of inflation. Please note: Data are expressed in the base year of each country's national accounts.

GDP Per Capita (Constant Prices, National Currency) for Vanuatu in year 2013 is VUV 254,282.80 . GDP is expressed in constant national currency per person. Data are derived by dividing constant price GDP by total population.

GDP Per Capita (Current Prices, National Currency) for Vanuatu in year 2013 is VUV 322,952.30 . GDP is expressed in current national currency per person. Data are derived by dividing current price GDP by total population.

GDP Per Capita (Current Prices, US Dollars) for Vanuatu in year 2013 is US$ 3,467.01 . GDP is expressed in current U.S. dollars per person. Data are derived by first converting GDP in national currency to U.S. dollars and then dividing it by total population.

GDP (PPP), US Dollars for Vanuatu in year 2013 is US$ 1.331 Billion. Gross domestic product based on purchasing-power-parity (PPP) valuation of country GDP. These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites.

GDP Per Capita (PPP), US Dollars for Vanuatu in year 2013 is US$ 5,194.64 . Gross domestic product based on purchasing-power-parity (PPP) per capita GDP. These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites.

GDP Share of World Total (PPP) for Vanuatu in year 2013 is 0.002 %. Gross domestic product based on purchasing-power-parity (PPP) share of world total. These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites.

Implied PPP Conversion Rate for Vanuatu in year 2013 is 62.17 . These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Vanuatu in year 2013 is 150.795 (Index, Base Year 2000 = 100). Data for inflation are averages for the year, not end-of-period data. The index is based on 2000=100.

Inflation (Average Consumer Price Change %) for Vanuatu in year 2013 is 3.203 %. Data for inflation are averages for the year, not end-of-period data.

Inflation, End of Year (Indexed to Year 2000) for Vanuatu in year 2013 is 151.208 (Index, Base Year 2000 = 100). Data for inflation are end of the period, not annual average data. The index is based on 2000=100.

Inflation (End of Year Change %) for Vanuatu in year 2013 is 3.079 %. Data for inflation are end of the period, not annual average data.

Import Volume of All Items Including Goods and Services (Percent Change) for Vanuatu in year 2013 is 6.563 %.

Import Volumes of Goods Only (Percent Change) for Vanuatu in year 2013 is 7.327 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Vanuatu in year 2013 is 6.622 %.

Export Volumes of Goods Only (Percent Change) for Vanuatu in year 2013 is 7.327 %.

Value of Oil Imports for Vanuatu in year 2013 is US$ 0.024 Billions. Value is equal to the price per unit of quantity of oil imports multiplied by the number of quantity units.

Value of Oil Exports for Vanuatu in year 2013 is US$ -- Billions. Value is equal to the price per unit of quantity of oil exports multiplied by the number of quantity units.

Population for Vanuatu in year 2013 is 0.256 Million .

General government revenue (National Currency) for Vanuatu in year 2013 is VUV 19.15 Billions. Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities.

General government revenue (% of GDP) for Vanuatu in year 2013 is 23.148 %. Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities.

General government total expenditure (National Currency) for Vanuatu in year 2013 is VUV 19.507 Billions. Total expenditure consists of total expense and the net acquisition of nonfinancial assets. Note: Apart from being on an accrual basis, total expenditure differs from the GFSM 1986 definition of total expenditure in the sense that it also takes the disposals of nonfinancial assets into account.

General government total expenditure (% of GDP) for Vanuatu in year 2013 is 23.579 %. Total expenditure consists of total expense and the net acquisition of nonfinancial assets. Note: Apart from being on an accrual basis, total expenditure differs from the GFSM 1986 definition of total expenditure in the sense that it also takes the disposals of nonfinancial assets into account.

Total Government Net Lending/ Borrowing (National Currency) for Vanuatu in year 2013 is VUV -0.356 Billions. Net lending (+)/ borrowing (?) is calculated as revenue minus total expenditure. This is a core GFS balance that measures the extent to which general government is either putting financial resources at the disposal of other sectors in the economy and nonresidents (net lending), or utilizing the financial resources generated by other sectors and nonresidents (net borrowing). This balance may be viewed as an indicator of the financial impact of general government activity on the rest of the economy and nonresidents (GFSM 2001, paragraph 4.17). Note: Net lending (+)/borrowing (?) is also equal to net acquisition of financial assets minus net incurrence of liabilities.

Total Government Net Lending/ Borrowing (% of GDP) for Vanuatu in year 2013 is -0.43 %.

Fiscal Year Gross Domestic Product, Current Prices for Vanuatu in year 2013 is VUV 82.73 Billions. Gross domestic product corresponding to fiscal year is the country's GDP based on the same period during the year as their fiscal data. In the case of countries whose fiscal data are based on a fiscal calendar (e.g., July to June), this series would be the country's GDP over that same period. For countries whose fiscal data are based on a calendar year (i.e., January to December), this series will be the same as their GDP in current prices.

Current Account Balance (US Dollars) for Vanuatu in year 2013 is US$ -0.053 Billion. Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.

Current Account Balance (% GDP) for Vanuatu in year 2013 is -5.961 %. Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.