GDP (constant LCU), annual growth rate in Vanuatu

Vanuatu: GDP (constant LCU), annual growth rate was 3.97 % change on previous year in 2024. ◆ Volatile

Latest (2024)
3.97 % change on previous year
Change on year
up 511.2%
World rank
74th
of 212 countries
All-time high
11.7 % change on previous year
in 1990
All-time low
-11.4 % change on previous year
in 1980
Years of data
45
1980–2024

GDP (constant LCU), annual growth rate in Vanuatu, 1980–2024

-10-505101980200220241980: -11.4 % change on previous year1981: 4.4 % change on previous year1982: 2 % change on previous year1983: 3 % change on previous year1984: 9.6 % change on previous year1985: 1 % change on previous year1986: -0.15 % change on previous year1987: -2.9 % change on previous year1988: -1.7 % change on previous year1989: 1.5 % change on previous year1990: 11.7 % change on previous year1991: 3.1 % change on previous year1992: 2.6 % change on previous year1993: 0.735 % change on previous year1994: 9.1 % change on previous year1995: 1 % change on previous year1996: 2.3 % change on previous year1997: 4.9 % change on previous year1998: 1.2 % change on previous year1999: 0.337 % change on previous year2000: 5.9 % change on previous year2001: -3.4 % change on previous year2002: -5.2 % change on previous year2003: 4.3 % change on previous year2004: 4 % change on previous year2005: 5.3 % change on previous year2006: 8.5 % change on previous year2007: 2.9 % change on previous year2008: 5.6 % change on previous year2009: 3 % change on previous year2010: 1.3 % change on previous year2011: 3.1 % change on previous year2012: 1 % change on previous year2013: 0.463 % change on previous year2014: 2.6 % change on previous year2015: 4 % change on previous year2016: 3.5 % change on previous year2017: 4.4 % change on previous year2018: 2.9 % change on previous year2019: 3.2 % change on previous year2020: -5 % change on previous year2021: -1.6 % change on previous year2022: 5.2 % change on previous year2023: -0.965 % change on previous year2024: 4 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, gdp (constant lcu), annual growth rate in Vanuatu stood at 3.97 % change on previous year.

Compared with earlier readings it is up 511.2% on the previous year and up 54.1% over ten years.

Over the whole period, gdp (constant lcu), annual growth rate in Vanuatu peaked at 11.7 % change on previous year in 1990 and was at its lowest, -11.4 % change on previous year, in 1980.

That places Vanuatu 74th out of 212 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

GDP (constant LCU), annual growth rate in Vanuatu, year by year

Annual values for GDP (constant LCU), annual growth rate in Vanuatu, 1980 to 2024.
Year % change on previous year Change
1980 -11.4 % change on previous year
1981 4.38 % change on previous year -138.4%
1982 1.98 % change on previous year -54.8%
1983 3.01 % change on previous year +52.0%
1984 9.57 % change on previous year +218.1%
1985 1 % change on previous year -89.5%
1986 -0.1505 % change on previous year -115.0%
1987 -2.89 % change on previous year +1823.3%
1988 -1.69 % change on previous year -41.5%
1989 1.53 % change on previous year -190.5%
1990 11.7 % change on previous year +663.5%
1991 3.15 % change on previous year -73.1%
1992 2.59 % change on previous year -17.9%
1993 0.7354 % change on previous year -71.6%
1994 9.08 % change on previous year +1134.8%
1995 1 % change on previous year -88.9%
1996 2.33 % change on previous year +131.8%
1997 4.91 % change on previous year +110.8%
1998 1.18 % change on previous year -76.0%
1999 0.3373 % change on previous year -71.3%
2000 5.92 % change on previous year +1656.6%
2001 -3.4 % change on previous year -157.3%
2002 -5.2 % change on previous year +53.0%
2003 4.29 % change on previous year -182.5%
2004 3.99 % change on previous year -7.0%
2005 5.31 % change on previous year +33.1%
2006 8.46 % change on previous year +59.5%
2007 2.88 % change on previous year -66.0%
2008 5.6 % change on previous year +94.8%
2009 3.04 % change on previous year -45.8%
2010 1.26 % change on previous year -58.6%
2011 3.14 % change on previous year +149.4%
2012 1.01 % change on previous year -67.8%
2013 0.4634 % change on previous year -54.1%
2014 2.58 % change on previous year +455.7%
2015 3.97 % change on previous year +54.0%
2016 3.47 % change on previous year -12.5%
2017 4.41 % change on previous year +27.1%
2018 2.9 % change on previous year -34.3%
2019 3.24 % change on previous year +11.8%
2020 -4.99 % change on previous year -254.0%
2021 -1.55 % change on previous year -68.9%
2022 5.19 % change on previous year -434.1%
2023 -0.9648 % change on previous year -118.6%
2024 3.97 % change on previous year -511.2%

Vanuatu compared with similar countries

  • Vanuatu's 3.97 % change on previous year is above the median for lower middle income countries, which is 3.71 % change on previous year, 1.1× the median. (47 countries reporting)
  • Vanuatu's 3.97 % change on previous year is above the median for East Asia & Pacific, which is 3.84 % change on previous year, 1.0× the median. (36 countries reporting)

Biggest year-on-year movements

Years where GDP (constant LCU), annual growth rate in Vanuatu changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1987 -1823.3% -0.1505 % change on previous year -2.89 % change on previous year
2000 +1656.6% 0.3373 % change on previous year 5.92 % change on previous year
1994 +1134.8% 0.7354 % change on previous year 9.08 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1980s 0.5339 % change on previous year -11.4 % change on previous year 9.57 % change on previous year 10
1990s 3.7 % change on previous year 0.3373 % change on previous year 11.7 % change on previous year 10
2000s 3.09 % change on previous year -5.2 % change on previous year 8.46 % change on previous year 10
2010s 2.64 % change on previous year 0.4634 % change on previous year 4.41 % change on previous year 10
2020s 0.3288 % change on previous year -4.99 % change on previous year 5.19 % change on previous year 5

Countries ranked near Vanuatu

  1. 71 Belarus 4.01 % change on previous year compare
  2. 72 Sierra Leone 4 % change on previous year compare
  3. 73 Somalia 3.97 % change on previous year compare
  4. 75 Albania 3.96 % change on previous year compare
  5. 76 Saint Lucia 3.89 % change on previous year compare
  6. 77 Serbia 3.88 % change on previous year compare

See the full ranking of 212 places →

More population data for Vanuatu

All data for Vanuatu →

Frequently asked questions

What is gdp (constant lcu), annual growth rate in Vanuatu?
Gdp (constant lcu), annual growth rate in Vanuatu was 3.97 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp (constant lcu), annual growth rate recorded in Vanuatu?
The highest recorded value was 11.7 % change on previous year in 1990.
What is the lowest gdp (constant lcu), annual growth rate recorded in Vanuatu?
The lowest recorded value was -11.4 % change on previous year in 1980.
How does Vanuatu rank for gdp (constant lcu), annual growth rate?
Vanuatu ranks 74th out of 212 countries with data for 2024.
Is gdp (constant lcu), annual growth rate rising or falling in Vanuatu?
Over the last ten years it is up 54.1%. The long-run trend across the full record is volatile.
Where does this Vanuatu data come from?
The figures come from Statizoid (derived), published as part of GDP (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.

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GDP (constant LCU), annual growth rate in Vanuatu. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://population.statizoid.com/stat/gdp-constant-lcu-annual-growth-rate-2/vanuatu/

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How this figure is calculated

The year-on-year percentage change in GDP (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
GDP (constant LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
212 places, 10,021 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.