Real GDP growth, %
Since 1995 · lighter bars = IMF projection
Macro
Vanuatu
East Asia & Pacific · Lower middle income · IMF WEO April 2026 · World Bank WDI
GDP▲ 4.0%
Current prices2025
1USD bn
GDP per capita▲ 1.7%
Current prices2025
3,936USD
Real GDP growth▼ 0.7 pp
Annual change2025
3.1%
Inflation▲ 0.5 pp
Average consumer prices2025
1.7%
Government debt▲ 1.9 pp
General government, gross2025
40.9% of GDP
Current account▲ 9.8 pp
Balance2025
-10.4% of GDP
Population▲ 2.3%
Total2025
0.33million
Inflation, %
Average consumer prices · lighter bars = IMF projection
IMF outlook
IMF World Economic Outlook April 2026 · italics = IMF projection
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|---|---|---|
| Real GDP growth % | -1.2 | 5.6 | 5.8 | 3.8 | 3.1 | 3.5 | 3.2 | 2.8 | 2.5 | 2.5 |
| Inflation, average consumer prices % | 2.3 | 6.7 | 11.2 | 1.1 | 1.7 | 4.1 | 3.4 | 2.3 | 2.3 | 2.3 |
| GDP, current prices USD bn | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 |
| GDP per capita, current prices USD | 3,473 | 3,618 | 3,751 | 3,871 | 3,936 | 4,082 | 4,223 | 4,339 | 4,447 | 4,558 |
| GDP per capita, PPP Int. USD | 3,083 | 3,409 | 3,657 | 3,801 | 3,938 | 4,100 | 4,224 | 4,315 | 4,402 | 4,493 |
| General government gross debt % of GDP | 42.2 | 39.2 | 39.2 | 39.1 | 40.9 | 43.2 | 45.3 | 47.3 | 49.3 | 51.1 |
| General government net lending/borrowing % of GDP | 2.1 | -6.0 | -0.8 | -2.5 | -3.9 | -4.2 | -4.0 | -3.9 | -3.8 | -3.7 |
| Current account balance % of GDP | -14.9 | -12.4 | -7.8 | -20.2 | -10.4 | -8.5 | -7.5 | -6.1 | -5.2 | -5.1 |
| Population million | 0.31 | 0.31 | 0.32 | 0.33 | 0.33 | 0.34 | 0.35 | 0.36 | 0.37 | 0.37 |
Government debt, % of GDP
General government gross debt
Current account, % of GDP
Balance of payments
Economic structure
Value added by sector, % of GDP · World Bank
AgricultureManufacturingOther industryServices
| Year | Structure | Agriculture | Industry | Manufacturing | Services |
|---|---|---|---|---|---|
| 2005 | 22.3 | 7.8 | 3.8 | 62.3 | |
| 2015 | 23.4 | 12.5 | 5.2 | 58.4 | |
| 2024 | 26.6 | 10.1 | 4.0 | 56.8 |
Income, trade and society
World Bank WDI · change over 10 years
| Indicator | Latest | Unit | Year | 10Y change |
|---|---|---|---|---|
| GNI per capita, Atlas method | 4,410 | USD | 2025 | +29.7% |
| GNI, Atlas method | 1 | USD bn | 2025 | +63.2% |
| Exports of goods and services | 25.3 | % of GDP | 2024 | -17.8 pp |
| Imports of goods and services | 48.0 | % of GDP | 2024 | -0.2 pp |
| Life expectancy at birth | 71.7 | years | 2024 | +2.3% |
| Urban population | 22.3 | % of total | 2025 | -2.5 pp |
Sources: IMF World Economic Outlook (April 2026; 2026 onwards are IMF projections) · World Bank World Development Indicators (CC BY 4.0)