Development of inflation rates in Vanuatu
The inflation rate for consumer prices in Vanuatu moved over the past 40 years between 0.8% and 26.8%. For 2019, an inflation rate of 2.8% was calculated.
During the observation period from 1979 to 2019, the average inflation rate was 4.4%
per year. Overall, the price increase was 431.82 %. An item that cost 100 Vatu in 1979 was so charged 531.82 Vatu in the beginning of 2020.
In only a very few countries, the price increase is that high. The rate of 26.8% in 1981 means, that compared to the previous year all prices have been increased by an average of 26.8%. In comparison to other countries, the drastic price increases are no longer on average. Usually this is a sign of political and economic turmoil.Back to overview: Vanuatu