GDP Vanuatu 2023

GDP improves in Vanuatu

Gross Domestic Product of Vanuatu grew 2.2% in 2023 compared to last year. This rate is 3 -tenths of one percent higher than the figure of 1.9% published in 2022.

The GDP figure in 2023 was €1,042$1,126 million, Vanuatu is number 184 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Vanuatu rose €56$87 million with respect to 2022.

The GDP per capita of Vanuatu in 2023 was €3,264$3,529, €175$273 higher than in 2022, it was €3,089$3,256. To view the evolution of the GDP per capita, it is interesting to look back a few years and compare these data with those of 2013 when the GDP per capita in Vanuatu was €2,214$2,940.

If we order the countries according to their GDP per capita, Vanuatu is in 133th position, its population has a low level of affluence compare tothe 196 countries whose GDP we publish.

Here we show you the progression of the GDP in Vanuatu. You can see GDP in other countries in GDP and see all the economic information about Vanuatu in Vanuatu's economy.

Evolution: Annual GDP Vanuatu
DateAnnual GDPAnnual GDPGDP Growth (%)
2023€1,042M$1,126M2.2%
2022€986M$1,039M1.9%
2021€778M$921M-1.6%
2020€883M$1,008M-5.0%
2019€831M$930M3.2%
2018€786M$929M2.9%
2017€779M$880M6.3%
2016€700M$775M4.7%
2015€670M$744M0.4%
2014€582M$774M3.1%
2013€568M$755M0.5%
2012€572M$736M1.0%
2011€530M$738M3.1%
2010€491M$652M1.3%
2009€423M$590M3.0%
2008€396M$582M5.6%
2007€377M$517M2.9%
2006€346M$435M8.5%
2005€313M$390M5.3%
2004€294M$365M4.0%
2003€279M$315M4.3%
2002€277M$262M-5.2%
2001€287M$257M-3.4%
2000€294M$272M5.9%
1999€251M$268M0.3%
1998$262M1.2%
1997$273M4.9%
1996$261M2.3%
1995$249M1.0%
1994$234M9.1%
1993$200M0.7%
1992$209M2.6%
1991$201M3.1%
1990$169M11.7%
1989$154M1.5%
1988$158M-1.7%
1987$139M-2.9%
1986$128M-0.1%
1985$132M1.0%
1984$144M9.6%
1983$117M3.0%
1982$114M2.0%
1981$114M4.4%
1980$121M5.5%
1979$119M3.9%
1978$99M17.6%
1977$81M-1.0%
1976$78M2.0%
1975$80M-4.6%
1974$66M34.6%
1973$67M16.9%
1972$55M2.8%
1971$41M2.6%
1970$38M
Evolution: GDP per capita Vanuatu
DateGDP per capita GDP per capita GDP P.C. Annual GrowthGDP P.C. Annual Growth
2023€3,264$3,5295.7%8.4%
2022€3,089$3,25626.7%12.8%
2021€2,438$2,886-16.7%-13.6%
2020€2,927$3,3412.8%4.8%
2019€2,847$3,1873.3%-2.1%
2018€2,756$3,256-1.5%3.1%
2017€2,797$3,1598.8%11.1%
2016€2,570$2,8442.9%2.6%
2015€2,498$2,77212.6%-6.0%
2014€2,218$2,9480.2%0.3%
2013€2,214$2,940-3.0%0.2%
2012€2,283$2,9355.6%-2.4%
2011€2,161$3,0085.4%10.6%
2010€2,049$2,71913.3%7.9%
2009€1,808$2,5204.7%-0.8%
2008€1,728$2,5412.6%10.1%
2007€1,684$2,3096.5%16.3%
2006€1,581$1,9857.9%8.8%
2005€1,466$1,8254.5%4.7%
2004€1,402$1,7432.8%13.1%
2003€1,364$1,542-1.9%17.4%
2002€1,390$1,313-5.5%-0.3%
2001€1,471$1,317-4.5%-7.4%
2000€1,539$1,42214.4%-0.9%
1999€1,346$1,436-0.4%
1998$1,441-6.3%
1997$1,5381.7%
1996$1,5122.2%
1995$1,4804.0%
1994$1,42311.4%
1993$1,277-5.9%
1992$1,3581.8%
1991$1,33316.9%
1990$1,1418.2%
1989$1,055-3.4%
1988$1,09210.4%
1987$9897.7%
1986$919-6.0%
1985$977-12.1%
1984$1,11119.3%
1983$9320.1%
1982$931-2.6%
1981$956-9.3%
1980$1,0541.9%
1979$1,03417.0%
1978$88418.3%
1977$7471.5%
1976$736-6.5%
1975$78717.2%
1974$672-3.4%
1973$69618.2%
1972$58928.7%
1971$4574.7%
1970$437
Evolution: GDP growth rate at constant prices Vanuatu
Evolution: GDP per capita Vanuatu
GDP Vanuatu