vanuatu gdp per capita

The gross domestic product (GDP) measures of national income and output for a given country's economy. GDP per capita is gross domestic product divided by midyear population. 2.8% (2012 est. GDP per capita (PPP based) is gross domestic product converted to international dollars using purchasing power parity rates and divided by . GDP per capita of Vanuatu increased from 1,313 US dollars in 2002 to 2,970 US dollars in 2021 growing at an average annual rate of 4.64%. and over 1Mio. If you continue to navigate this website beyond this page, cookies will be placed on your browser. source: World Bank 10Y 25Y 50Y MAX Chart Compare Export API Embed Vanuatu GDP [3] In 2021, GDP per capita for Vanuatu was 2,997 US dollars. Dollars). GDP per capita is gross domestic product divided by midyear population. What are the world's top countries by GDP per capita? purchasing power parity - $4900 (2012 est. [11], Vanuatu scored 32.06 (versus a worldwide score of 42.94, lower scores translating to higher risk) on the June 2013 Euromoney Country Risk rankings. Note: Expressed in GDP in PPP dollars per person. Industry revenue of retail trade except of motor vehicles and motorcycles in Croatia 201 Vanuatu: Gross domestic product (GDP) per capita in current prices from 1988 to 2028 (in U.S. dollars), Find your information in our database containing over 20,000 reports. [8], Tourism is Vanuatu's fastest-growing sector, having comprised 40% of GDP in 2000. Direct access to our data from your apps using any programing language. [citation needed], Vanuatu has commodities, mostly agricultural, produced for export. The absolute value of GDP in Vanuatu rose 24$59 million with respect to 2020. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. [12], GDP: Per capita GDP growth for Vanuatu is expected at -1.1% in 2023 and 2.0% in 2024 - ADB Report Download data Comparative economic forecasts The latest available economic data for Vanuatu compared to countries in the Pacific. API users can feed a custom application. To learn more about cookies, click here. GDP per capita based on PPP of Vanuatu increased from 2,146 international dollars in 2001 to 3,010 international dollars in 2020 growing at an average annual rate of 1.87%. They were placed on your computer when you launched this website. "Vanuatu: Gross Domestic Product (Gdp) per Capita in Current Prices from 1988 to 2028 (in U.S. 10% (2012), Electricity - consumption: Human development data from the United Nations Office of Drugs and Crime. [9], In 1997 the government, with the aid of the Asian Development Bank, committed itself to a 3-year comprehensive reform program. During the first year of the program the government has adopted a value-added tax, consolidated and reformed government-owned banks, and started a 10% downsizing in the public service. Profit from the additional features of your individual account. 106-23. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. ), Exports - commodities: industry 10%, NA% Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 1000+ markets in 190+ countries & territories, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. ), GDP - real growth rate: In 2021, GDP per capita growth for Vanuatu was -1.9 %. IMF. If you use our chart images on your site or blog, we ask that you provide attribution via a link back to this page. Vanuatu: Per capita: how much CO 2 does the average person emit? GDP per capita (current US$) - Vanuatu from The World Bank: Data The description is composed by our digital data assistant. 10 October 2019. ), GDP - composition by sector: Vanuatu GDP Summary Stats Download The Gross Domestic Product (GDP) in Vanuatu was worth 0.96 billion US dollars in 2021, according to official data from the World Bank. agriculture 58%, GDP per capita is gross domestic product divided by midyear population. Data are derived by dividing GDP in PPP dollars by total population. In 2020, GDP per capita based on PPP for Vanuatu was 3,010 international dollars. ADB encourages websites and blogs to link to its web pages. Aggregates are based on constant U.S. dollars. Statista. $207.4 million, including capital expenditures of $700 000 (2012 est. By GDP 5-years average growth and GDP per capita, Guatemala and Vanuatu ranked 69th vs 107th and 112th vs 133rd, respectively. fossil fuel: Gross Domestic Product of Vanuatu grew 0.4% in 2021 compared to last year. The Key Indicators for Asia and the Pacific publication presents data regarding the economic, financial, social, and environmental situations in a broad range of countries across the region. Mauritius with a GDP of $14.2B ranked the 128th largest economy in the world, while Vanuatu ranked 186th with $914.3M. highest 10%: GDP - per capita (PPP): $3,153 (2019 est. GDP per capita based on PPP of Vanuatu increased from 1,697 international dollars in 2002 to 2,713 international dollars in 2021 growing at an average annual rate of 2.56%. Graph and download economic data for Constant GDP per capita for Vanuatu (NYGDPPCAPKDVUT) from 1979 to 2021 about Vanuatu, per capita, real, and GDP. A Look at the Markets. Government consumption accounted for about 27% of GDP. In 2021, GDP per capita for Vanuatu was 2,970 US dollars. These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. ", IMF, Vanuatu: Gross domestic product (GDP) per capita in current prices from 1988 to 2028 (in U.S. dollars) Statista, https://www.statista.com/statistics/524299/gross-domestic-product-gdp-per-capita-in-vanuatu/ (last visited July 01, 2023), Vanuatu: Gross domestic product (GDP) per capita in current prices from 1988 to 2028 (in U.S. dollars) [Graph], IMF, April 7, 2023. Vanuatu gdp per capita for 2019 was $3,077, a 0.01% decline from 2018. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. Vanuatu: Gross domestic product (GDP) per capita in current prices from 1988 to 2028 (in U.S. dollars) [Graph]. Current job openings: Download historical data for 20 million indicators using your browser. You can change your personal cookie settings through your internet browser settings. GDP per capita, PPP (current international $) in Vanuatu was reported at 3057 USD in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. GDP growth (annual %) GDP growth (annual %) Most recent value . NA%, Inflation rate (consumer prices): Here we show you the progression of the GDP in Vanuatu. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. Vanuatu. GDP per capita of Vanuatu increased from 1,354 US dollars in 2002 to 2,997 US dollars in 2021 growing at an average annual rate of 4.53%. Live data and insights on Coronavirus around the world, including detailed statistics for the US, EU, and China confirmed and recovered cases, deaths, alternative data on economic activities, customer behavior, supply chains, and more. ), Electricity - production by source: WEO weights have been created from primary sources and are used solely for purposes of generating country group composites. [citation needed], There is substantial fishing activity, although this industry does not bring in much foreign exchange. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Show sources information The description is composed by our digital data assistant. Though Vanuatu GDP per capita growth fluctuated substantially in recent years, it tended to decrease through 2002 - 2021 period ending at -1.9 % in 2021. food and fish freezing, wood processing, meat canning, Industrial production growth rate: Article Talk Read Edit View history Tools Vanuatu 's economy is primarily agricultural; 80% of the population is engaged in agricultural activities that range from subsistence farming to smallholder farming of coconuts and other cash crops. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. GDP per capita is gross domestic product divided by midyear population. GDP per capita, PPP (current international $), GDP per capita, PPP (constant 2017 international $), International Comparison Program & Purchasing Power Parity, International Household Survey Network (IHSN), Trust Fund for Statistical Capacity Building. In, IMF. The GDP figure in 2021 was 809$956 million, Vanuatu is number 184 in the ranking of GDP of the 196 countries that we publish. Source: CIA World Factbook - This page was last updated on Saturday, September 18, 2021, Variable: Gross domestic product per capita, current prices. Vanuatu claims an exclusive economic zone of 680,000 square kilometres (260,000sqmi) and possesses marine resources. . GNI per capita, PPP (current international $) - Vanuatu from The World Bank: Data Please check your download folder. By GDP 5-years average growth and GDP per capita, Mauritius and Vanuatu ranked 60th vs 107th and 69th vs 133rd, respectively. 67.6% (2012 est. If we order the countries according to their GDP per capita, Vanuatu is in 137th position, its population has a low level of affluence compare tothe 196 countries whose GDP we publish. Annual percentage growth rate of GDP per capita based on constant local currency. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. GDP per capita of Vanuatu increased from 1,313 US dollars in 2002 to 2,970 US dollars in 2021 growing at an average annual rate of 4.64%. [4] Vanuatu was one of three Pacific island nations (along with Nauru and Palau) which four major international banks placed a U.S. dollar transaction ban on in December 1999. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Please check your download folder. 0% With demand from the Chinese market booming, passport sales may now account for more than 30% of the country's revenue. This rate is 58 You can change your personal cookie settings through your internet browser settings. Projections by IMF. Vanuatu gdp per capita for 2020 was $2,878, a 6.47% decline from 2019. Vanuatu's economy is primarily agricultural; 80% of the population is engaged in agricultural activities that range from subsistence farming to smallholder farming of coconuts and other cash crops.[3]. )note: data are in 2017 dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. In 2021, GDP per capita based on PPP for Vanuatu was 2,713 international dollars. The GDP per Capita in Vanuatu is equivalent to 20 percent of the world's average. agriculture: 90% Projections by IMF. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. copra, beef, cocoa, timber, kava, coffee, Exports - partners: GDP per capita is often considered an indicator of a country's standard of living; however, this is inaccurate because GDP per capita is not a measure of personal income. By the end of the year, they extended the experiment in to 2008. 40.22 GWh (2008), Agriculture - products: Updated charts and forecasts on Vanuatu GDP per Capita (USD). 6 ADB Avenue, Mandaluyong City 1550, Metro Manila, Philippines. Data are in current U.S. dollars. services 32% (2010 est. Definition: This entry shows real GDP, divided by population as of 1 July for the same year. What is GDP per capita? . It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Show publisher information More resources Asian Development Bank and Vanuatu: Fact Sheet * Estimate.The values have been rounded to provide a better understanding of the statistic. Estimates by world bank since 1961. Related chart: . Under Prime Minister Edward Natapei, reform programs were reintroduced. China 26.7%, Singapore 21.2%, Australia 13.6%, New Zealand 7.2%, Fiji 6.7%, Japan 5.4% (2011), Economic aid - recipient: expenditures: [Online]. 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 2011 when the GDP per capita in Vanuatu was 2,161$3,008. Last 12 readings. Download Historical Data Save as Image From: To: Zoom: 500 1,000 1,500 2,000 2,500 3,000 GDP Per Capita (US $) $2,997 GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. Gross Domestic Product & Income Financial system and Human development Government debt & reserves Copra is by far the most important cash crop (making up more than 35% of Vanuatu's exports), followed by timber, beef, and cocoa. If you are an admin, please authenticate by logging in again. The Fact Sheets summarize ADB's partnerships with member economies, providing key facts and figures and an overview of activities and future directions.
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