Indicators of economy in Vanuatu

The essential economic performance of a country is reflected by the gross domestic product, the total of all goods and services sold. Worldwide gross domestic product in 2021 was at about 12,230 USD per capita. GDP in Vanuatu, on the other hand, reached USD 2,997 per capita, or 956.33 million USD for the whole country. Vanuatu is currently at number 195 among the international economies and is therefore one of the less significant. If this is calculated per inhabitant, taking purchasing power parity into account, then Vanuatu ranks 164th in the list of the richest countries.

Inflation in Vanuatu in 2021 was around 2.34%. Within the EU, the average in the same year was 2.55 percent. In the United States, it was most recently 4.70%.

Compared with the USA, prices for daily consumer goods are around 9.5 percent higher.
The index for perceived corruption in the public sector is 45, which is below average by global standards.


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