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

Latest (2024)
138.85 billion current LCU
Change on year
up 9.9%
World rank
138th
of 206 countries
All-time high
138.85 billion current LCU
in 2024
All-time low
7.75 billion current LCU
in 1980
Years of data
46
1979–2024

Gross value added at basic prices (GVA) in Vanuatu, 1979–2024

050.0B100.0B150.0B197920012024

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

DecadeAverage LowestHighest 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

  1. 135 Trinidad and Tobago 163.69 billion current LCU compare
  2. 136 Tunisia 163.60 billion current LCU compare
  3. 137 Tajikistan 141.26 billion current LCU compare
  4. 139 Suriname 135.81 billion current LCU compare
  5. 140 Puerto Rico 128.88 billion current LCU compare
  6. 141 Slovakia 122.40 billion current LCU compare

See the full ranking of 206 places →

More economy & growth data for Vanuatu

All data for Vanuatu →

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

Indicator
Gross value added at basic prices (GVA) (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
206 places, 9,147 data points, 1960–2025
Last refreshed

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.