Vanuatu Economy

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Vanuatu is a lower middle-income economy comes under East Asia and the Pacific region as to the classification made by the World Bank on the basis of income and region for the year 2006.

The country has a total surface area of 12,190.0 square kilometers as in 2004, with a total forest area of 4,35%0.0 as in 2000.

DEMOGRAPHY AND SOCIAL INDICATORS

The total population of the country as in the year 2004 has reached at 207.3 thousands as in the year 2004 with an annual percentage growth rate of 2.0. The following diagram shows the annual percentage growth rate of population of the country over years:

DEMOGRAPHY AND SOCIAL INDICATORS

Life expectancy year in the country as in 2004 was 69.2. The infant mortality rate per 1,000 life births in the same year was 32.4. The adult literacy rate, that is percentage of peoples in the age 15 and above in 2004 was 74.0.

KEY ECONOMIC INDICATORS

The Gross National Income of the country in terms of current US $ in 2004 has reached at 287.5 millions with a percapita GNI of 1,390.0 in current US $. The following diagram shows the annual percentage growth rate of Gross Domestic product over years:

KEY ECONOMIC INDICATORS