Gross value added at basic prices (GVA) in Vanuatu
Vanuatu: Gross value added at basic prices (GVA) was 138.85 billion current LCU in 2024. ◆ Volatile
Gross value added at basic prices (GVA) in Vanuatu, 1979–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2024, gross value added at basic prices (gva) in Vanuatu stood at 138.85 billion current LCU. That is the highest value across all 46 years on record.
The figure is up 9.9% on the previous year and up 80.5% over ten years.
Over the whole period, gross value added at basic prices (gva) in Vanuatu peaked at 138.85 billion current LCU in 2024 and was at its lowest, 7.75 billion current LCU, in 1980.
Vanuatu ranks 138th of 206 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 |
|---|---|---|---|---|
| 1970s | 8.20 billion current LCU | 8.20 billion current LCU | 8.20 billion current LCU | 1 |
| 1980s | 12.27 billion current LCU | 7.75 billion current LCU | 16.77 billion current LCU | 10 |
| 1990s | 25.35 billion current LCU | 18.54 billion current LCU | 30.12 billion current LCU | 10 |
| 2000s | 40.12 billion current LCU | 32.29 billion current LCU | 55.05 billion current LCU | 10 |
| 2010s | 81.48 billion current LCU | 58.03 billion current LCU | 109.48 billion current LCU | 10 |
| 2020s | 120.06 billion current LCU | 106.19 billion current LCU | 138.85 billion current LCU | 5 |
Countries ranked near Vanuatu
- 135 Trinidad and Tobago 163.69 billion current LCU compare
- 136 Tunisia 163.60 billion current LCU compare
- 137 Tajikistan 141.26 billion current LCU compare
- 139 Suriname 135.81 billion current LCU compare
- 140 Puerto Rico 128.88 billion current LCU compare
- 141 Slovakia 122.40 billion current LCU 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 138.85 billion current LCU 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 138.85 billion current LCU in 2024.
- What is the lowest gross value added at basic prices (gva) recorded in Vanuatu?
- The lowest recorded value was 7.75 billion current LCU in 1980.
- How does Vanuatu rank for gross value added at basic prices (gva)?
- Vanuatu ranks 138th out of 206 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 80.5%. 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 Gross value added at basic prices (GVA) (current LCU). Statizoid updates them automatically from the source API.
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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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.