Vanuatu: Economy

Economic Trivia

Copra, cocoa, kava, and beef all provide for the majority of Vanuatu's exports.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2011): Australia, Singapore, and New Zealand
Top 3 Exported Goods (2011): Oil Seeds, Fats & Oils, and Seafood

Top Industries Source: CIA World Factbook

Food and Fish Freezing; Wood Processing; Meat Canning

Gross Domestic Product (GDP) Source: The World Bank

GDP, PPP (current international) $787,426,591 (2014)
GDP Growth Rate (annual %) 2.304% (2014)
GDP Per Capita, PPP (current international) $3,042 (2014)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 186/193 (2014)

Economic Indicators Source: The World Bank

Inflation, consumer prices (annual %) 2.466% (2015)
External debt stocks, total (DOD, current US$) $181,267,000 (2014)
Total tax rate (% of commercial profits) 8.5% (2015)
Real Interest Rate (5 year average %) 2.628% (2014)
Manufacturing, value added (% of GDP) 3.708% (2014)
Current Account Balance (BoP, current US$) $19,453,611 (2014)
Click on a row to display its 5-year graph on the right.

Labor and Employment Source: The World Bank

Labor Force, Total 115,716 (2014)
Employment in Agriculture (% of total employment) 60.5% (2009)
Employment in Industry (% of total employment) 7% (2009)
Employment in Services (% of total employment) 31.1% (2009)
Unemployment Rate 4.6% (2009)
Click on a row to display its 5-year graph on the right.
Imports of goods and services (current US$) $402,517,041 (2014)
Exports of goods and services (current US$) $390,927,665 (2014)
Total Merchandise Trade (% of GDP) 45.842% (2014)
FDI, net inflows (BoP, current US$) $29,120,144 (2015)
Commercial Service Exports (current US$) $319,947,847 (2014)
Click on a row to display its 5-year graph on the right.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Vanuatu’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Glossary