External balance on goods and services in Vanuatu
Vanuatu: External balance on goods and services was -35.09 billion current LCU in 2024. ◆ Volatile
External balance on goods and services in Vanuatu, 1980–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2024, external balance on goods and services in Vanuatu stood at -35.09 billion current LCU.
Compared with earlier readings it is down 16.3% on the previous year and down 708.7% over ten years.
Over the whole period, external balance on goods and services in Vanuatu peaked at 514.00 million current LCU in 1997 and was at its lowest, -52.98 billion current LCU, in 2021.
Vanuatu ranks 123rd of 192 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 |
|---|---|---|---|---|
| 1980s | -2.18 billion current LCU | -4.28 billion current LCU | -205.00 million current LCU | 10 |
| 1990s | -2.72 billion current LCU | -5.70 billion current LCU | 514.00 million current LCU | 10 |
| 2000s | -3.88 billion current LCU | -7.67 billion current LCU | -1.93 billion current LCU | 10 |
| 2010s | -11.45 billion current LCU | -28.55 billion current LCU | -1.27 billion current LCU | 10 |
| 2020s | -43.16 billion current LCU | -52.98 billion current LCU | -30.18 billion current 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 current 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 514.00 million current LCU in 1997.
- What is the lowest external balance on goods and services recorded in Vanuatu?
- The lowest recorded value was -52.98 billion current LCU in 2021.
- How does Vanuatu rank for external balance on goods and services?
- Vanuatu ranks 123rd out of 192 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 708.7%. 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.