GDP (current LCU), annual growth rate in Vanuatu
Vanuatu: GDP (current LCU), annual growth rate was 3.15 % change on previous year in 2024. ◆ Volatile
GDP (current LCU), annual growth rate in Vanuatu, 1980–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Vanuatu recorded 3.15 % change on previous year for gdp (current lcu), annual growth rate in 2024.
That represents a change of down 75.5% on the previous year and down 33.9% over ten years.
Over the whole period, gdp (current lcu), annual growth rate in Vanuatu peaked at 22.91 % change on previous year in 1984 and was at its lowest, -3.12 % change on previous year, in 1986.
That places Vanuatu 184th out of 211 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current LCU), annual growth rate in Vanuatu, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1980 | 0.9268 % change on previous year | — |
| 1981 | 20.75 % change on previous year | +2138.5% |
| 1982 | 10.24 % change on previous year | -50.7% |
| 1983 | 5.89 % change on previous year | -42.5% |
| 1984 | 22.91 % change on previous year | +288.8% |
| 1985 | -2.48 % change on previous year | -110.8% |
| 1986 | -3.12 % change on previous year | +25.6% |
| 1987 | 13.1 % change on previous year | -520.2% |
| 1988 | 7.94 % change on previous year | -39.4% |
| 1989 | 8.08 % change on previous year | +1.8% |
| 1990 | 10.61 % change on previous year | +31.4% |
| 1991 | 13.74 % change on previous year | +29.4% |
| 1992 | 5.44 % change on previous year | -60.4% |
| 1993 | 2.81 % change on previous year | -48.3% |
| 1994 | 11.6 % change on previous year | +312.4% |
| 1995 | 2.75 % change on previous year | -76.3% |
| 1996 | 4.46 % change on previous year | +62.0% |
| 1997 | 8.24 % change on previous year | +84.7% |
| 1998 | 5.82 % change on previous year | -29.3% |
| 1999 | 3.43 % change on previous year | -41.2% |
| 2000 | 8.23 % change on previous year | +140.3% |
| 2001 | 0.1042 % change on previous year | -98.7% |
| 2002 | -2.47 % change on previous year | -2474.4% |
| 2003 | 5.12 % change on previous year | -307.1% |
| 2004 | 6.19 % change on previous year | +20.8% |
| 2005 | 5.75 % change on previous year | -7.1% |
| 2006 | 12.66 % change on previous year | +120.3% |
| 2007 | 8.82 % change on previous year | -30.3% |
| 2008 | 13.17 % change on previous year | +49.3% |
| 2009 | 5.67 % change on previous year | -56.9% |
| 2010 | 2.75 % change on previous year | -51.5% |
| 2011 | 6.01 % change on previous year | +118.8% |
| 2012 | 0.5413 % change on previous year | -91.0% |
| 2013 | 3.48 % change on previous year | +543.7% |
| 2014 | 4.76 % change on previous year | +36.7% |
| 2015 | 10.24 % change on previous year | +115.1% |
| 2016 | 5.38 % change on previous year | -47.5% |
| 2017 | 8.75 % change on previous year | +62.8% |
| 2018 | 6.2 % change on previous year | -29.2% |
| 2019 | 6.63 % change on previous year | +6.9% |
| 2020 | -2.35 % change on previous year | -135.4% |
| 2021 | 2.47 % change on previous year | -205.3% |
| 2022 | 10.57 % change on previous year | +327.8% |
| 2023 | 12.84 % change on previous year | +21.5% |
| 2024 | 3.15 % change on previous year | -75.5% |
Vanuatu compared with similar countries
- Vanuatu's 3.15 % change on previous year is below the median for lower middle income countries, which is 9.89 % change on previous year, 32% of the median. (47 countries reporting)
- Vanuatu's 3.15 % change on previous year is below the median for East Asia & Pacific, which is 7.63 % change on previous year, 41% of the median. (36 countries reporting)
Biggest year-on-year movements
Years where GDP (current 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.
| Year | Change | From | To |
|---|---|---|---|
| 2002 | -2474.4% | 0.1042 % change on previous year | -2.47 % change on previous year |
| 1981 | +2138.5% | 0.9268 % change on previous year | 20.75 % change on previous year |
| 2013 | +543.7% | 0.5413 % change on previous year | 3.48 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 8.42 % change on previous year | -3.12 % change on previous year | 22.91 % change on previous year | 10 |
| 1990s | 6.89 % change on previous year | 2.75 % change on previous year | 13.74 % change on previous year | 10 |
| 2000s | 6.32 % change on previous year | -2.47 % change on previous year | 13.17 % change on previous year | 10 |
| 2010s | 5.48 % change on previous year | 0.5413 % change on previous year | 10.24 % change on previous year | 10 |
| 2020s | 5.34 % change on previous year | -2.35 % change on previous year | 12.84 % change on previous year | 5 |
Countries ranked near Vanuatu
- 181 Estonia 3.46 % change on previous year compare
- 182 Equatorial Guinea 3.43 % change on previous year compare
- 183 Bahrain 3.34 % change on previous year compare
- 185 Belgium 2.98 % change on previous year compare
- 186 Japan 2.96 % change on previous year compare
- 187 Ecuador 2.91 % change on previous year compare
More population data for Vanuatu
- Population regions with projections, annual growth rate 0.5164 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -0.7815 % change on previous year (2050)
- Population long run with projections, annual growth rate 0.5164 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate 0.6576 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 578.57 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 2.2 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.2172 % change on previous year (2100)
- World population growth 0.5% (2100)
- Population density 71.82 people per km² (2100)
- Number of children under 5, by world region 59,723 people (2100)
Frequently asked questions
- What is gdp (current lcu), annual growth rate in Vanuatu?
- Gdp (current lcu), annual growth rate in Vanuatu was 3.15 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp (current lcu), annual growth rate recorded in Vanuatu?
- The highest recorded value was 22.91 % change on previous year in 1984.
- What is the lowest gdp (current lcu), annual growth rate recorded in Vanuatu?
- The lowest recorded value was -3.12 % change on previous year in 1986.
- How does Vanuatu rank for gdp (current lcu), annual growth rate?
- Vanuatu ranks 184th out of 211 countries with data for 2024.
- Is gdp (current lcu), annual growth rate rising or falling in Vanuatu?
- Over the last ten years it is down 33.9%. 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 (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP UNESCO Institute for Statistics
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
The year-on-year percentage change in GDP (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.