External balance on goods and services in Vanuatu
Vanuatu: External balance on goods and services was -35.09 billion constant LCU in 2024. ◆ Volatile
External balance on goods and services in Vanuatu, 2006–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
Vanuatu recorded -35.09 billion constant LCU for external balance on goods and services in 2024.
The figure is down 4.2% on the previous year and down 146.5% over ten years.
Over the whole period, external balance on goods and services in Vanuatu peaked at -9.39 billion constant LCU in 2006 and was at its lowest, -62.34 billion constant LCU, in 2021.
Vanuatu ranks 100th of 161 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -16.49 billion constant LCU | -21.73 billion constant LCU | -9.39 billion constant LCU | 4 |
| 2010s | -14.77 billion constant LCU | -25.41 billion constant LCU | -9.47 billion constant LCU | 10 |
| 2020s | -48.17 billion constant LCU | -62.34 billion constant LCU | -33.67 billion constant LCU | 5 |
Countries ranked near Vanuatu
More economy & growth data for Vanuatu
- DEC alternative conversion factor 120.33 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 21.20 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 176.23 million current US$ (2025)
- Taxes less subsidies on products 15.82 billion current LCU (2024)
- Taxes less subsidies on products 132.76 million current US$ (2024)
- Net primary income (Net income from abroad) 15.98 billion current LCU (2025)
- Net primary income (Net income from abroad) 132.79 million current US$ (2025)
- GNI per capita 533,631 current LCU (2025)
- GNI per capita, Atlas method 4,410 current US$ (2025)
- GNI 178.86 billion current LCU (2025)
Frequently asked questions
- What is external balance on goods and services in Vanuatu?
- External balance on goods and services in Vanuatu was -35.09 billion constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Vanuatu?
- The highest recorded value was -9.39 billion constant LCU in 2006.
- What is the lowest external balance on goods and services recorded in Vanuatu?
- The lowest recorded value was -62.34 billion constant LCU in 2021.
- How does Vanuatu rank for external balance on goods and services?
- Vanuatu ranks 100th out of 161 countries with data for 2024.
- Is external balance on goods and services rising or falling in Vanuatu?
- Over the last ten years it is down 146.5%. The long-run trend across the full record is volatile.
- Where does this Vanuatu data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (constant LCU). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.