Vanuatu Economic Statistics and Indicators

21, Nov 2019, EST. Welcome to the Vanuatu economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Vanuatu › Change country
National or Regional Currency: Vatu, VUV
Year of data: 2015 › Change year
Number of Indicators Listed: 30
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 266,937 (July 2014 est.)
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)

This South Pacific island economy is based primarily on small-scale agriculture, which provides a living for about two-thirds of the population. Fishing, offshore financial services, and tourism, with nearly 197,000 visitors in 2008, are other mainstays of the economy. Mineral deposits are negligible; the country has no known petroleum deposits. A small light industry sector caters to the local market. Tax revenues come mainly from import duties. Economic development is hindered by dependence on relatively few commodity exports, vulnerability to natural disasters, and long distances from main markets and between constituent islands. In response to foreign concerns, the government has promised to tighten regulation of its offshore financial center. In mid-2002, the government stepped up efforts to boost tourism through improved air connections, resort development, and cruise ship facilities. Agriculture, especially livestock farming, is a second target for growth. Australia and New Zealand are the main suppliers of tourists and foreign aid.
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GDP (Constant Prices, National Currency) for Vanuatu in year 2015 is VUV 60.924 Billion.

GDP Growth (Constant Prices, National Currency) for Vanuatu in year 2015 is -0.8 %.

GDP (Current Prices, National Currency) for Vanuatu in year 2015 is VUV 81.825 Billion.

GDP (Current Prices, US Dollars) for Vanuatu in year 2015 is US$ 0.765 Billion.

GDP Deflator for Vanuatu in year 2015 is 134.307 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Vanuatu in year 2015 is VUV 226,824.19 .

GDP Per Capita (Current Prices, National Currency) for Vanuatu in year 2015 is VUV 304,639.69 .

GDP Per Capita (Current Prices, US Dollars) for Vanuatu in year 2015 is US$ 2,847.11 .

GDP (PPP), US Dollars for Vanuatu in year 2015 is US$ 0.685 Billion.

GDP Per Capita (PPP), US Dollars for Vanuatu in year 2015 is US$ 2,549.61 .

GDP Share of World Total (PPP) for Vanuatu in year 2015 is 0.001 %.

Implied PPP Conversion Rate for Vanuatu in year 2015 is 119.485 .

Investment (% of GDP) for Vanuatu in year 2015 is 51.21 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Vanuatu in year 2015 is 146.198 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Vanuatu in year 2015 is 3.34 %.

Inflation, End of Year (Indexed to Year 2000) for Vanuatu in year 2015 is 147.591 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Vanuatu in year 2015 is 3.5 %.

Population for Vanuatu in year 2015 is 0.269 Million .

General government revenue (National Currency) for Vanuatu in year 2015 is VUV 25.712 Billions.

General government revenue (% of GDP) for Vanuatu in year 2015 is 31.423 %.

General government total expenditure (National Currency) for Vanuatu in year 2015 is VUV 26.943 Billions.

General government total expenditure (% of GDP) for Vanuatu in year 2015 is 32.928 %.

Total Government Net Lending/ Borrowing (National Currency) for Vanuatu in year 2015 is VUV -1.231 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Vanuatu in year 2015 is -1.505 %.

Fiscal Year Gross Domestic Product, Current Prices for Vanuatu in year 2015 is VUV 81.825 Billions.

Current Account Balance (US Dollars) for Vanuatu in year 2015 is US$ -0.077 Billion.

Current Account Balance (% GDP) for Vanuatu in year 2015 is -10.123 %.