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Vanuatu GDP

Vanuatu's GDP rose to $1.16 billion in 2024, up from $1.13 billion in 2023, according to World Bank. This represents an increase of 3.1% ($34.94 million) from the previous year. Vanuatu has the 16th lowest GDP. Within Oceania, it ranks 9th out of 19 countries.

Vanuatu's GDP per capita rose to $2,694.7 in 2024, up from $2,651.47 in 2023.

Yearly Historical Data (1979-2024)

(in Billion USD)
Year GDP (Billion USD)
2024 1.16
2023 1.13
2022 1.03
2021 0.98
2020 0.91
2019 0.94
2018 0.91
2017 0.88
2016 0.8
2015 0.76
2014 0.77
2013 0.76
2012 0.75
2011 0.77
2010 0.67
2009 0.59
2008 0.59
2007 0.52
2006 0.44
2005 0.39
2004 0.36
2003 0.31
2002 0.26
2001 0.26
2000 0.27
1999 0.27
1998 0.26
1997 0.27
1996 0.26
1995 0.25
1994 0.23
1993 0.2
1992 0.21
1991 0.2
1990 0.17
1989 0.15
1988 0.16
1987 0.14
1986 0.13
1985 0.13
1984 0.14
1983 0.12
1982 0.11
1981 0.11
1980 0.12
1979 0.12
Vanuatu GDP : Definition
GDP measures the total value of all goods and services produced in Vanuatu, measured in current US dollars. It is also called Nominal GDP.
Indicator Last Value Prior Value Period
GDP Annual Growth Rate 3.97% -0.96% 2024
GDP per Capita $2,694.7 $2,651.47 2024
GDP per Capita PPP $3,169.23 $3,118.4 2024
Real GDP $883.26M $849.56M 2024