Source
Central bank

Reserve Bank of Vanuatu

International Reserves

US$ 173 million (Source: World Bank; Data updated: 2011)

Gross Domestic Product - GDP

US$ 852 million (2014 estimate)

GDP (Purchasing Power Parity)

1.321 billion of International dollars (2014 estimate)

Real GDP growth
2003 2004 2005 2006 2007 2008 2009 2010
3.7% 4.4% 5.3% 8.5% 5.2% 6.5% 3.3% 1.6%
2011 2012 2013 2014*        
1.2% 1.8% 2.8% 3.5%        

*Estimate

GDP per capita - current prices

US$ 3,126 (2014 estimate)

GDP per capita - PPP

$4,847 International Dollars (2014 estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2014*
0% 0% 0% 0% 0%

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 22.4% 
  • industry: 9.7% 
  • services: 67.9% (2013 estimate)
Gross domestic expenditure on R&D; (% of GDP)

N/A

 

Inflation
2011 2012 2013 2014*
0.7% 1.4% 1.3% 1.8%

*Estimate

Unemployment rate
2011 2012 2013 2014*
N/A N/A N/A N/A

*Estimate

Household saving rates

N/A

 

Public debt (General government gross debt as a % of GDP)
2010 2011 2012 2013 2014*
19.4% 20.9% 21.0% 20.4% 21.2%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2010 2011 202 2013 2014*
-2.5% -2.1% -1.6% -0.2% -1.8%

*Estimate 

Government bond ratings

Standard & Poor's: N/A

Moody's rating: N/A

Moody's outlook: N/A

(Foreign Currency Government Bond Ratings; Data last updated Sept 2014)

Market value of publicly traded shares
2009 2010 2011
N/A N/A N/A
Largest companies in Vanuatu

N/A

 
 
Source
Current account balance

US$ -47 million (2014 estimate)

Current account balance by percentage of GDP

-5.57% of GDP (2014 estimate)

Exports as percent of GDP(Exports of goods and services)

47.5% (2012)

Shares in world total merchandising export

0% (2012)

Shares in world total commercial services export

0.0% (2012)

 

Total exports

US$43.1 million (2012 estimate) 

Export commodities

copra, beef, cocoa, timber, kava, coffee

Total imports

US$319 million (2013 estimate) 

 
 
Source
Import commodities

machinery and equipment, foodstuffs, fuels

Exports - major partners

Thailand 41.9%, Cote dIvoire 30.5%, Japan 14.7% (2012)

Imports - major partners

China 20.2%, Singapore 18.8%, US 15%, Japan 11.6%, Australia 10.4%, Fiji 5.2%, NZ 4.8% (2012)

FDI inflows
2011 2012 2013
US$58 million US$38 million US$35 million  
FDI outflows
2011 2012 2013  
US$1 million US$1 million US$0  
Value of cross-border M&A;, by country of purchaser
2010 2011 2012 2013
US$0 US$0 US$0 US$0
Cross-border M&A; deals worth over $3 billion completed in 2012 (Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

Cross-border M&A; deals worth over $3 billion completed in 2013 (Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

Best countries for doing business World Bank/IFC Doing Business Project

Economies are ranked on their ease of doing business, from 1 - 189. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 74 out of 189 countries (2013)

Subcategories:

Starting a business: 126 out of 189 countries

Enforcing Contracts: 72 out of 189 countries

Registering Property: 110 out of 189 countries

Getting credit: 55 out of 189 countries

Protecting investors: 80 out of 189 countries

Trading across border: 119 out of 189 countries

Paying Taxes: 30 out of 189 countries

Dealing with Construction Permits: 50 out of 189 countries

Getting Electricity: 129 out of 189 countries

Resolving Insolvency: 57 out of 189 countries

(2013)

Global competitiveness ranking(ranking by country on a basis of 144, the first is the best)

N/A

 

 

 

Index of Economic FreedomWSJ and Heritage Foundation

Ranking: 93 Score: 59.5 (Mostly Unfree) (2014)

(100=totally free 0=totally repressed )

 
 
Source
Time zone

UTC+11

Total area

12,189 sq km

Capital

Port-Vila (on Efate)

Currency

vatu (VUV)

Government type

parliamentary republic

Languages

local languages (more than 100) 63.2%, Bislama (official; creole) 33.7%, English (official) 2%, French (official) 0.6%, other 0.5% (2009 est.)

Religions

Protestant 70% (includes Presbyterian 27.9%, Anglican 15.1%, Seventh Day Adventist 12.5%, Assemblies of God 4.7%, Church of Christ 4.5%, Neil Thomas Ministry 3.1%, and Apostolic 2.2%), Roman Catholic 12.4%, customary beliefs 3.7% (including Jon Frum cargo cult), other 12.6%, none 1.1%, unspecified 0.2% (2009 est.)

Total population
1990 2000 2010 2014* 2019**
0.148 million 0.191 million 0.239 million 0.273 million 0.305 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2013
10.4% 15% 22% 26%
Population median age

21.1 years (2014 est.)

Population growth rate

2.01% (2014 est.)

Life expectancy

72.72 years (2014 estimate)

Adult literacy

83.2% (2011 estimate)

% of population living on less than $2 a day

N/A

Inequality of wealth distribution (Gini index)

N/A

 

Freedom House rating

Political Rights: 2
Civil Liberties: 2 (2014)

(1 represents the most free, 7 the least free)

Total telephone subscribers as % of population

Fixed 2.0%   Mobile 59.3% (2013)
(fixed-telephone subscribers and mobile-cellular subscribers)

Internet users as % of total population

11.30% (2013)

Cost of living - Mercer index(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

N/A

CO2 emissions(Metric tons of CO2 per capita)

0.5 (2010)