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Indicators of economy in Vanuatu

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2020 was at about 10.922 US Dollar per capita. In contrast, the GDP in Vanuatu reached 2.783 US dollars per inhabitant, or 854.79 m US Dollar in 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 into account the purchasing power parity, then Vanuatu is in the list of the world's richest countries in place 150.

Inflation in Vanuatu was in 2019 at around 2.76%. For the the EU, the average of the same was year at 0.50%.

Compared to Germany, the prices of daily necessities are approximately 12.96% higher.
The Corruption Perceptions Index for the public sector counts 43 and is compared to other countries bad.


Back to overview: Vanuatu

Unemployment rates in percent 1991 - 2020

Economic performance 2020

 Vanuatu
Total
Vanuatu
per capita
EU
Total
EU
per capita
GDP854.79 m USD2,782.98 USD15,192.65 tn USD29,499.72 USD
Gross national product852.82 m USD2,776.54 USD16,012.29 tn USD31,091.23 USD


Development of gross domestic product in million US Dollar 1979 - 2020



Im- and Exports 2019

 Vanuatu
Total
Vanuatu
per capita
EU
Total
EU
per capita
Imports464.95 m USD1,513.76 USD7,314.16 bn USD14,201.97 USD
Exports382.37 m USD1,244.90 USD7,834.94 bn USD15,213.17 USD


Development of imports and exports in million US dollars 1982 - 2019

Exports
Imports



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