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Vanuatu

Headline economic indicators for Vanuatu, with the most recent official readings.

Prices

Prices — Vanuatu
Indicator Value Change
Inflation rate · 0.7% -0.49 (-42.6%)
Consumer price index · 152.5 +0.99 (+0.7%)
GDP deflator inflation · 2.2% -3.14 (-58.9%)

GDP

GDP — Vanuatu
Indicator Value Change
GDP growth rate · 3.1% -0.71 (-18.9%)
GDP per capita · 4,038.74 +78.86 (+2.0%)
GDP · 1,353,658,840.64 +55,702,226 (+4.3%)
GDP, PPP · 1,516,718,978 +85,046,391 (+5.9%)
GDP per capita, PPP · 4,525 +157.41 (+3.6%)
GDP per capita growth · 0.8% -0.65 (-45.5%)
GNI per capita · 4,410 +280.00 (+6.8%)
Agriculture to GDP · 26.6% +1.09 (+4.2%)
Industry to GDP · 10.1% +0.47 (+5.0%)
Manufacturing to GDP · 4.0% -0.22 (-5.1%)
Services to GDP · 56.8% -1.22 (-2.1%)
Household consumption to GDP · 75.2% -5.43 (-6.7%)
Gross capital formation to GDP · 26.1% +3.81 (+17.1%)
Gross savings to GDP · 7.2% +1.34 (+23.1%)

Labour

Labour — Vanuatu
Indicator Value Change
Unemployment rate · 5.1% +0.08 (+1.7%)
Labour force participation rate · 58.1% -0.23 (-0.4%)
Female labour force participation rate · 53.3% -0.22 (-0.4%)
Youth unemployment rate · 11.3% -0.08 (-0.7%)
Employment to population ratio · 55.2% -0.27 (-0.5%)
Employment in agriculture · 44.5% -0.11 (-0.2%)
Employment in industry · 10.0% -0.21 (-2.1%)
Employment in services · 45.4% +0.32 (+0.7%)

Money

Money — Vanuatu
Indicator Value Change
Real interest rate · 6.1% +2.98 (+94.8%)
Broad money to GDP · 82.9% +0.21 (+0.3%)
Private sector credit to GDP · 48.5% -1.77 (-3.5%)
Lending rate · 8.4% -0.19 (-2.2%)
Bank deposit rate · 0.3% -0.31 (-50.3%)
Bank nonperforming loans · 15.0% +4.24 (+39.2%)
Official exchange rate · 120.32 +1.16 (+1.0%)

Trade

Trade — Vanuatu
Indicator Value Change
Current account to GDP · -11.1% -4.17 (-60.4%)
Exports to GDP · 25.3% -3.02 (-10.7%)
Imports to GDP · 48.0% -1.66 (-3.3%)
Trade to GDP · 73.4% -4.68 (-6.0%)
Exports of goods and services · 329,014,391.81 -8,061,902 (-2.4%)
Imports of goods and services · 623,471,656.95 +33,029,848 (+5.6%)
Trade balance, goods and services (annual) · -427,259,838.68 +11,051,539 (+2.5%)
Current account balance (annual) · -127,431,932.03 -51,980,944 (-68.9%)
Foreign direct investment to GDP · 2.4% -1.50 (-38.2%)
Remittances received to GDP · 17.2% -1.09 (-6.0%)
Total reserves, including gold · 614,649,778.92 -29,118,611 (-4.5%)
Reserves in months of imports · 12.6 -1.59 (-11.2%)
External debt to GNI · 39.2% +2.42 (+6.6%)

Government

Government — Vanuatu
Indicator Value Change
Government debt to GDP · 67.9% -5.14 (-7.0%)
Government revenue to GDP · 24.2% +2.64 (+12.3%)
Government expense to GDP · 26.6% -1.56 (-5.5%)
Tax revenue to GDP · 16.5% +2.10 (+14.6%)
Government budget balance to GDP · 0.7% +5.47 (+113.9%)
Government consumption to GDP · 21.4% +2.98 (+16.2%)
Education spending to GDP · 7.6% +0.06 (+0.7%)
Health spending to GDP · 4.1% +0.06 (+1.5%)

Demography

Demography — Vanuatu
Indicator Value Change
Population · 335,169 +7,392 (+2.3%)
Population growth · 2.2% -0.04 (-1.9%)
Life expectancy · 71.7 +0.18 (+0.2%)
Fertility rate · 3.57 -0.03 (-0.8%)
Birth rate · 27.7 -0.40 (-1.4%)
Death rate · 5.0 -0.07 (-1.3%)
Urban population share · 22.3% +0.04 (+0.2%)
Population aged 65 and over · 4.4% +0.08 (+1.9%)
Under-five mortality rate · 17.1 -0.40 (-2.3%)
Population density · 26.9 +0.60 (+2.3%)
Net migration · -52 -9.00 (-20.9%)
Gini index · 32.3 -5.10 (-13.6%)

Economies nearby

Comparable readings from neighbouring economies.