Labor force | 142,000 (2023 est.) |
---|---|
Industrial production growth rate | 4.92% (2018 est.) |
Industries | food and fish freezing, wood processing, meat canning |
Population below poverty line | 15.9% (2020 est.) |
Taxes and other revenues | 15.88% (of GDP) (2021 est.) |
Fiscal year | |
Exchange rates | |
Currency | vatu (VUV) per US dollar - |
Exchange rates 2023 | 119.113 (2023 est.) |
Exchange rates 2022 | 115.354 (2022 est.) |
Exchange rates 2021 | 109.453 (2021 est.) |
Exchange rates 2020 | 115.38 (2020 est.) |
Exchange rates 2019 | 114.733 (2019 est.) |
Debt - external | |
Debt - external 2022 | $295.759 million (2022 est.) |
Reserves of foreign exchange and gold | |
Reserves of foreign exchange and gold 2023 | $643.768 million (2023 est.) |
Reserves of foreign exchange and gold 2022 | $638.537 million (2022 est.) |
Reserves of foreign exchange and gold 2021 | $664.751 million (2021 est.) |
Current account balance | |
Current account balance 2022 | -$127.432 million (2022 est.) |
Current account balance 2021 | -$75.451 million (2021 est.) |
Current account balance 2020 | -$57.858 million (2020 est.) |
Public debt | |
Public debt 2021 | 87.07% of GDP (2021 est.) |
Budget | |
Revenues | $415.063 million (2021 est.) |
Expenditures | $325.587 million (2021 est.) |
Budget surplus (+) or deficit (-) | |
Remittances | |
Remittances 2023 | 15.68% of GDP (2023 est.) |
Remittances 2022 | 19.35% of GDP (2022 est.) |
Remittances 2021 | 21.03% of GDP (2021 est.) |
Household income | |
Lowest 10% | 3% (2019 est.) |
Highest 10% | 24.7% (2019 est.) |
Imports | |
Imports 2022 | $579.347 million (2022 est.) |
Imports 2021 | $520.391 million (2021 est.) |
Imports 2020 | $438.373 million (2020 est.) |
Imports (partners) | China 24%, Australia 15%, Malaysia 12%, NZ 9%, Fiji 8% (2022) |
Comodities Imports force | refined petroleum, ships, plastic products, poultry, broadcasting equipment (2022) |
Exports | |
Imports 2022 | $579.347 million (2022 est.) |
Imports 2021 | $520.391 million (2021 est.) |
Imports 2020 | $438.373 million (2020 est.) |
Exports (partners) | Thailand 42%, Japan 27%, South Korea 7%, Philippines 6%, China 5% (2022) |
Comodities Exports force | fish, perfume plants, copra, shellfish, cocoa beans (2022) |
Real GDP (purchasing power parity) | |
Real GDP (purchasing power parity) 2023 | $999.536 million (2023 est.) |
Real GDP (purchasing power parity) 2022 | $977.896 million (2022 est.) |
Real GDP (purchasing power parity) 2021 | $959.511 million (2021 est.) |
GDP (official exchange rate) | $1.126 billion (2023 est.) |
Real GDP Per capita | |
Real GDP per capita 2023 | $3,000 (2023 est.) |
Real GDP per capita 2022 | $3,000 (2022 est.) |
Real GDP per capita 2021 | $3,000 (2021 est.) |
GDP - composition, by sector of origin | |
Agriculture | 21.2% (2018 est.) |
Industry | 10% (2018 est.) |
Services | 59.8% (2018 est.) |
GDP - composition, by end use | |
Household consumption | 55.5% (2019 est.) |
Government consumption | 20.6% (2019 est.) |
Investment in fixed capital | 55.5% (2022 est.) |
Investment in inventories | 0.6% (2022 est.) |
Exports of goods and services | 15.3% (2022 est.) |
Imports of goods and services | -55.5% (2022 est.) |
Unemployment rate | |
Unemployment rate 2023 | 5.1% (2023 est.) |
Unemployment rate 2022 | 5.17% (2022 est.) |
Unemployment rate 2021 | 4.73% (2021 est.) |
Youth unemployment rate (ages 15-24) | |
Total | 10.7% (2023 est.) |
Male | 8.9% (2023 est.) |
Female | 13% (2023 est.) |
Want to know more about Vanuatu? Check all different factbooks for Vanuatu below.