Corporate Tax Rates by Country 2015
Taxes paid by corporations can be measured in a number of ways, including the marginal corporate tax rate and the total taxes paid as a percentage of profits.
Vanuatu GDP and Economic Data
Country Report 2017 - Includes Vanuatu real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector.
Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Vanuatu economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Vanuatu best banks and safest banks are also available.
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International Reserves
USD 0.3 billion (2015)
International Monetary Fund (IMF), data retrieved January 2017
Gross Domestic Product - GDP
USD 0.8 billion (2017, estimate)
GDP (Purchasing Power Parity)
Intl$ 0.8 billion (2017, estimate)
Real GDP growth
| 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 |
| 8.5% | 5.2% | 6.5% | 3.3% | 1.6% | 1.2% | 1.8% |
| 2013 | 2014 | 2015* | 2016* | 2017* | ||
| 2% | 2.3% | -0.8% | 4% | 4.5% |
*Estimate
GDP (PPP) - share of world total
| 1980 | 1990 | 2000 | 2010 | 2017* |
| 0% | 0% | 0% | 0% | 0.001% |
*Estimate
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GDP - composition by sector
- agriculture: 26%
- industry: 9%
- services: 65%
(2016 estimate)
Inflation
| 2013 | 2014 | 2015 | 2016* | 2017* |
| 1.5% | 0.8% | 2.5% | 2.2% | 2.6% |
*Estimate
Unemployment rate
| 2013 | 2014 | 2015 | 2016 | 2017 |
| N/A | N/A | N/A | N/A | N/A |
*Estimate
Public debt (General government gross debt as a % of GDP)
| 2013 | 2014 | 2015 | 2016* | 2017* |
| 20.6% | 19.3% | 25.6% | 33.5% | 44.8% |
*Estimate
Public deficit (General government net lending/borrowing as a % of GDP)
| 2013 | 2014 | 2015 | 2016 | 2017 |
| -0.2% | 0.8% | 7.2% | -10.6% | -17.3% |
*Estimate
Government bond ratings
Standard & Poor's: N/A
Moody's: N/A
Standard & Poor's / Moody's (Updated January 2017)
Source
Market value of publicly traded shares
| 2013 | 2014 | 2015 |
| N/A | N/A | N/A |
Source
Current account balance by percentage of GDP
-21.1% (2017 estimate)
Exports as percent of GDP (Exports of goods and services)
48.6% (2014)
Shares in world total merchandising export
0.0% (2015)
Shares in world total commercial services export
0.006% (2015)
Export commodities
Copra, beef, cocoa, timber, kava, coffee
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Import commodities
Machinery and equipment, foodstuffs, fuels
Exports - major partners
Japan 35.1%, Turkey 10.5%, Thailand 8.7%, China 8.2%, Venezuela 5.9%, UK 5.6% (2015)
Imports - major partners
China 16.7%, Australia 14.6%, Japan 13.9%, Singapore 10%, Fiji 9.3%, NZ 8.3%, New Caledonia 5.2% (2015)
FDI inflows
| 2013 | 2014 | 2015 |
| USD -19 million | USD -18 million | USD 29 million |
FDI outflows
| 2013 | 2014 | 2015 |
| USD 0.5 million | USD 0.6 million | USD 1.6 million |
Value of cross-border M&A, by country of purchaser
| 2012 | 2013 | 2014 | 2015 |
| N/A | N/A | N/A | N/A |
Cross-border M&A deals worth over $3 billion completed in 2014
N/A
(for a monthly update on M&A; click here )
Cross-border M&A deals worth over $3 billion completed in 2015
N/A
(for a monthly update on M&A; click here )
Best countries for doing business
Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.
Overall ranking: 83 out of 190 countries (2017)
Subcategories:
Starting a business: 126 out of 190 countries
Enforcing Contracts: 130 out of 190 countries
Registering Property: 81 out of 190 countries
Getting Credit: 20 out of 190 countries
Protecting Minority Investors: 106 out of 190 countries
Trading Across Borders: 145 out of 190 countries
Paying Taxes: 54 out of 190 countries
Dealing with Construction Permits: 134 out of 190 countries
Getting Electricity: 81 out of 190 countries
Resolving Insolvency: 93 out of 190 countries
Source
Index of Economic Freedom
Ranking: 89 / Score: 60.84 (Moderately free) (2014)
(100=totally free 0=totally repressed)
Source
Source
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 | 2016* | 2021* |
| 0.148 million | 0.191 million | 0.24 million | 0.275 million | 0.308 million |
*Estimate
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Urban population as % of total population
| 1960 | 1980 | 2000 | 2015 |
| 10% | 15% | 22% | 26% |
Literacy
Total population: 85.2%
Male: 86.6%
Female: 83.8% (2015 est.)
(age 15 and over can read and write)
% of population living on less than $3.10 a day
12.8% (2010 estimate)
Freedom House rating
Political Rights: 2
Civil Liberties: 2 (2017)
(1 represents the most free, 7 the least free rating)
Source
Total telephone subscribers as % of population
Fixed 1.82% Mobile 66.25% (2015)
(fixed-telephone subscribers and mobile-cellular subscribers)