External balance on goods and services in Vanuatu
Vanuatu: External balance on goods and services was -294.46 million current US$ 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 US$.
Analysis
The most recent figure for external balance on goods and services in Vanuatu is -294.46 million current US$, measured in 2024.
Compared with earlier readings it is down 16.2% on the previous year and down 558.8% over ten years.
Over the whole period, external balance on goods and services in Vanuatu peaked at 4.44 million current US$ in 1997 and was at its lowest, -484.05 million current US$, in 2021.
Vanuatu ranks 93rd of 192 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -20.63 million current US$ | -37.25 million current US$ | -2.33 million current US$ | 10 |
| 1990s | -22.86 million current US$ | -44.16 million current US$ | 4.44 million current US$ | 10 |
| 2000s | -33.98 million current US$ | -75.73 million current US$ | -15.77 million current US$ | 10 |
| 2010s | -106.08 million current US$ | -248.85 million current US$ | -13.69 million current US$ | 10 |
| 2020s | -375.46 million current US$ | -484.05 million current US$ | -253.37 million current US$ | 5 |
Countries ranked near Vanuatu
- 90 Micronesia (country) -245.00 million current US$ compare
- 91 American Samoa -268.00 million current US$ compare
- 92 Tonga -283.48 million current US$ compare
- 94 Seychelles -311.50 million current US$ compare
- 95 Kiribati -319.40 million current US$ compare
- 96 Guinea-Bissau -332.34 million current US$ compare
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 -294.46 million current US$ 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 4.44 million current US$ in 1997.
- What is the lowest external balance on goods and services recorded in Vanuatu?
- The lowest recorded value was -484.05 million current US$ in 2021.
- How does Vanuatu rank for external balance on goods and services?
- Vanuatu ranks 93rd 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 558.8%. 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 US$). 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 indicator is expressed in United States dollars.