Final consumption expenditure in Vanuatu
Vanuatu: Final consumption expenditure was 2.07 billion constant 2015 US$ in 2024. ▲ Rising
Final consumption expenditure in Vanuatu, 2002–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Vanuatu recorded 2.07 billion constant 2015 US$ for final consumption expenditure in 2024. That is the highest value across all 23 years on record.
Compared with earlier readings it is up 8.9% on the previous year and up 145.3% over ten years.
Over the whole period, final consumption expenditure in Vanuatu peaked at 2.07 billion constant 2015 US$ in 2024 and was at its lowest, 620.74 million constant 2015 US$, in 2002.
That places Vanuatu 158th out of 171 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 23 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 670.99 million constant 2015 US$ | 620.74 million constant 2015 US$ | 745.47 million constant 2015 US$ | 8 |
| 2010s | 1.01 billion constant 2015 US$ | 769.36 million constant 2015 US$ | 1.66 billion constant 2015 US$ | 10 |
| 2020s | 1.99 billion constant 2015 US$ | 1.90 billion constant 2015 US$ | 2.07 billion constant 2015 US$ | 5 |
Countries ranked near Vanuatu
- 155 Greenland 2.29 billion constant 2015 US$ compare
- 156 East Timor 2.21 billion constant 2015 US$ compare
- 157 Belize 2.13 billion constant 2015 US$ compare
- 159 Seychelles 2.05 billion constant 2015 US$ compare
- 160 Gambia 1.94 billion constant 2015 US$ compare
- 161 Bhutan 1.87 billion constant 2015 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 final consumption expenditure in Vanuatu?
- Final consumption expenditure in Vanuatu was 2.07 billion constant 2015 US$ 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 2.07 billion constant 2015 US$ in 2024.
- What is the lowest final consumption expenditure recorded in Vanuatu?
- The lowest recorded value was 620.74 million constant 2015 US$ in 2002.
- How does Vanuatu rank for final consumption expenditure?
- Vanuatu ranks 158th out of 171 countries with data for 2024.
- Is final consumption expenditure rising or falling in Vanuatu?
- Over the last ten years it is up 145.3%. The long-run trend across the full record is rising.
- 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 (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.