Final consumption expenditure in Vanuatu

Vanuatu: Final consumption expenditure was 8.9% in 2024. ◆ Volatile

Latest (2024)
8.9%
Change on year
up 434.1%
World rank
12th
of 175 countries
All-time high
51.0%
in 2017
All-time low
-12.3%
in 2018
Years of data
22
2003–2024

Final consumption expenditure in Vanuatu, 2003–2024

-2002040602003201320242003: 1.8 annual % growth2004: 1.4 annual % growth2005: 2.1 annual % growth2006: 2.7 annual % growth2007: 3.1 annual % growth2008: 2.6 annual % growth2009: 4.9 annual % growth2010: 3.2 annual % growth2011: 2.1 annual % growth2012: 2.2 annual % growth2013: 3.2 annual % growth2014: 1.7 annual % growth2015: -3.7 annual % growth2016: 14.7 annual % growth2017: 51 annual % growth2018: -12.3 annual % growth2019: 34.3 annual % growth2020: 22.4 annual % growth2021: 0.36 annual % growth2022: -4.2 annual % growth2023: -2.7 annual % growth2024: 8.9 annual % growth

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.

Analysis

The most recent figure for final consumption expenditure in Vanuatu is 8.9%, measured in 2024.

That represents a change of up 434.1% on the previous year and up 438.6% over ten years.

Over the whole period, final consumption expenditure in Vanuatu peaked at 51.0% in 2017 and was at its lowest, -12.3%, in 2018.

That places Vanuatu 12th out of 175 countries with data for 2024, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 2.7% 1.4% 4.9% 7
2010s 9.6% -12.3% 51.0% 10
2020s 5.0% -4.2% 22.4% 5

Countries ranked near Vanuatu

  1. 9 Georgia 10.3% compare
  2. 10 Armenia 9.9% compare
  3. 11 Guinea 9.1% compare
  4. 13 Egypt 8.4% compare
  5. 14 Vietnam 8.0% compare
  6. 15 Uzbekistan 7.9% compare

See the full ranking of 217 places →

More economy & growth data for Vanuatu

All data for Vanuatu →

Frequently asked questions

What is final consumption expenditure in Vanuatu?
Final consumption expenditure in Vanuatu was 8.9% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest final consumption expenditure recorded in Vanuatu?
The highest recorded value was 51.0% in 2017.
What is the lowest final consumption expenditure recorded in Vanuatu?
The lowest recorded value was -12.3% in 2018.
How does Vanuatu rank for final consumption expenditure?
Vanuatu ranks 12th out of 175 countries with data for 2024.
Is final consumption expenditure rising or falling in Vanuatu?
Over the last ten years it is up 438.6%. 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 Final consumption expenditure (annual % growth). Statizoid updates them automatically from the source API.

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About this data

Indicator
Final consumption expenditure (annual % growth)
Unit
annual % growth
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
217 places, 9,083 data points, 1961–2025
Last refreshed

Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.