Gross value added at basic prices (GVA) in Vanuatu
Vanuatu: Gross value added at basic prices (GVA) was 955.45 million constant 2015 US$ in 2024. ▲ Rising
Gross value added at basic prices (GVA) in Vanuatu, 1998–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Vanuatu recorded 955.45 million constant 2015 US$ for gross value added at basic prices (gva) in 2024. That is the highest value across all 27 years on record.
Compared with earlier readings it is up 3.8% on the previous year and up 27.7% over ten years.
Over the whole period, gross value added at basic prices (gva) in Vanuatu peaked at 955.45 million constant 2015 US$ in 2024 and was at its lowest, 484.78 million constant 2015 US$, in 2002.
That places Vanuatu 183rd out of 193 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 27 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 498.94 million constant 2015 US$ | 493.48 million constant 2015 US$ | 504.39 million constant 2015 US$ | 2 |
| 2000s | 559.91 million constant 2015 US$ | 484.78 million constant 2015 US$ | 660.44 million constant 2015 US$ | 10 |
| 2010s | 770.43 million constant 2015 US$ | 687.41 million constant 2015 US$ | 870.84 million constant 2015 US$ | 10 |
| 2020s | 877.67 million constant 2015 US$ | 820.66 million constant 2015 US$ | 955.45 million constant 2015 US$ | 5 |
Countries ranked near Vanuatu
- 180 Comoros 1.20 billion constant 2015 US$ compare
- 181 Sint Maarten (Dutch part) 1.16 billion constant 2015 US$ compare
- 182 Grenada 1.02 billion constant 2015 US$ compare
- 184 Saint Kitts and Nevis 931.55 million constant 2015 US$ compare
- 185 Samoa 931.02 million constant 2015 US$ compare
- 186 Saint Vincent and the Grenadines 827.04 million 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 gross value added at basic prices (gva) in Vanuatu?
- Gross value added at basic prices (gva) in Vanuatu was 955.45 million constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross value added at basic prices (gva) recorded in Vanuatu?
- The highest recorded value was 955.45 million constant 2015 US$ in 2024.
- What is the lowest gross value added at basic prices (gva) recorded in Vanuatu?
- The lowest recorded value was 484.78 million constant 2015 US$ in 2002.
- How does Vanuatu rank for gross value added at basic prices (gva)?
- Vanuatu ranks 183rd out of 193 countries with data for 2024.
- Is gross value added at basic prices (gva) rising or falling in Vanuatu?
- Over the last ten years it is up 27.7%. 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 value added at basic prices (GVA) (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 27 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. 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.