Gross fixed capital formation in Vanuatu

Vanuatu: Gross fixed capital formation was 37.69 billion constant LCU in 2024. ▲ Rising

Latest (2024)
37.69 billion constant LCU
Change on year
up 14.2%
World rank
112th
of 167 countries
All-time high
37.69 billion constant LCU
in 2024
All-time low
5.03 billion constant LCU
in 2003
Years of data
23
2002–2024

Gross fixed capital formation in Vanuatu, 2002–2024

10.0B20.0B30.0B40.0B2002201320242002: 5.6B constant LCU2003: 5.0B constant LCU2004: 7.4B constant LCU2005: 8.0B constant LCU2006: 10.7B constant LCU2007: 12.9B constant LCU2008: 17.5B constant LCU2009: 17.3B constant LCU2010: 16.5B constant LCU2011: 13.3B constant LCU2012: 11.8B constant LCU2013: 13.8B constant LCU2014: 13.2B constant LCU2015: 26.7B constant LCU2016: 24.6B constant LCU2017: 28.1B constant LCU2018: 30.8B constant LCU2019: 25.2B constant LCU2020: 21.2B constant LCU2021: 20.6B constant LCU2022: 28.6B constant LCU2023: 33.0B constant LCU2024: 37.7B constant LCU

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.

Analysis

The most recent figure for gross fixed capital formation in Vanuatu is 37.69 billion constant LCU, measured in 2024. That is the highest value across all 23 years on record.

The figure is up 14.2% on the previous year and up 185.2% over ten years.

Over the whole period, gross fixed capital formation in Vanuatu peaked at 37.69 billion constant LCU in 2024 and was at its lowest, 5.03 billion constant LCU, in 2003.

Vanuatu ranks 112th of 167 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 23 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 10.56 billion constant LCU 5.03 billion constant LCU 17.51 billion constant LCU 8
2010s 20.39 billion constant LCU 11.77 billion constant LCU 30.75 billion constant LCU 10
2020s 28.23 billion constant LCU 20.64 billion constant LCU 37.69 billion constant LCU 5

Countries ranked near Vanuatu

  1. 109 Portugal 50.01 billion constant LCU compare
  2. 110 Botswana 44.87 billion constant LCU compare
  3. 111 Namibia 37.75 billion constant LCU compare
  4. 113 Greece 37.10 billion constant LCU compare
  5. 114 Ghana 31.03 billion constant LCU compare
  6. 115 Gambia 29.77 billion constant LCU compare

See the full ranking of 167 places →

More economy & growth data for Vanuatu

All data for Vanuatu →

Frequently asked questions

What is gross fixed capital formation in Vanuatu?
Gross fixed capital formation in Vanuatu was 37.69 billion constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest gross fixed capital formation recorded in Vanuatu?
The highest recorded value was 37.69 billion constant LCU in 2024.
What is the lowest gross fixed capital formation recorded in Vanuatu?
The lowest recorded value was 5.03 billion constant LCU in 2003.
How does Vanuatu rank for gross fixed capital formation?
Vanuatu ranks 112th out of 167 countries with data for 2024.
Is gross fixed capital formation rising or falling in Vanuatu?
Over the last ten years it is up 185.2%. 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 Gross fixed capital formation (constant LCU). Statizoid updates them automatically from the source API.

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CSV · JSON — 23 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Gross fixed capital formation (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
167 places, 6,948 data points, 1960–2025
Last refreshed

Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. 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.