Industry (including construction), value added in Vanuatu
Vanuatu: Industry (including construction), value added was 15.56 billion constant LCU in 2024. ▲ Rising
Industry (including construction), value added in Vanuatu, 1979–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
In 2024, industry (including construction), value added in Vanuatu stood at 15.56 billion constant LCU. That is the highest value across all 46 years on record.
Compared with earlier readings it is up 11.0% on the previous year and up 90.6% over ten years.
Over the whole period, industry (including construction), value added in Vanuatu peaked at 15.56 billion constant LCU in 2024 and was at its lowest, 4.30 billion constant LCU, in 1983.
Vanuatu ranks 140th of 199 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 46 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.95 billion constant LCU | 5.95 billion constant LCU | 5.95 billion constant LCU | 1 |
| 1980s | 5.55 billion constant LCU | 4.30 billion constant LCU | 6.63 billion constant LCU | 10 |
| 1990s | 6.98 billion constant LCU | 6.22 billion constant LCU | 7.85 billion constant LCU | 10 |
| 2000s | 7.43 billion constant LCU | 5.70 billion constant LCU | 10.96 billion constant LCU | 10 |
| 2010s | 10.85 billion constant LCU | 7.74 billion constant LCU | 13.38 billion constant LCU | 10 |
| 2020s | 13.28 billion constant LCU | 12.20 billion constant LCU | 15.56 billion constant LCU | 5 |
Countries ranked near Vanuatu
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 industry (including construction), value added in Vanuatu?
- Industry (including construction), value added in Vanuatu was 15.56 billion constant LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Vanuatu?
- The highest recorded value was 15.56 billion constant LCU in 2024.
- What is the lowest industry (including construction), value added recorded in Vanuatu?
- The lowest recorded value was 4.30 billion constant LCU in 1983.
- How does Vanuatu rank for industry (including construction), value added?
- Vanuatu ranks 140th out of 199 countries with data for 2024.
- Is industry (including construction), value added rising or falling in Vanuatu?
- Over the last ten years it is up 90.6%. 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 Offices (NSOs), published as part of Industry (including construction), value added (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. 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.