Vanuatu: Adjusted net savings, including particulate emission damage (% of GNI)

Key figures

What the numbers say

In 2020, Vanuatu's adjusted net savings, including particulate emission damage (% of GNI) fell 2.28 percentage points on 2019 (from 40.26% to 37.98%).

Across the 29 yearly changes before that (1991 to 2019), the average change was +0.72 percentage points and a typical year strayed about 6.36 percentage points from that (the standard deviation). This year's change was 0.5 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 11.49 percentage points in 1997 and the biggest yearly fall was 14.71 percentage points in 1998. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2011 to 2020 the straight-line trend is upward, about 3.32 percentage points a year. A straight line explains 89% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2020, Vanuatu had the 2nd highest value of the 21 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Vanuatu in the 2020 ranking

• Sri Lanka — 2nd of 21: 25.32%
• Tanzania — 3rd of 21: 25.18%
• Zambia — 4th of 21: 22.45%

What this measures

Adjusted net savings are equal to net national savings plus education expenditure and minus energy depletion, mineral depletion, net forest depletion, and carbon dioxide and particulate emissions damage. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.

Limitations: The exercise treats public education expenditures as an addition to savings. However, because of the wide variability in the effectiveness of public education expenditures, these figures cannot be construed as the value of investments in human capital. A current expenditure of $1 on education does not necessarily yield $1 of human capital. The calculation should also consider private education expenditure, but data are not available for a large number of countries. While extensive, the accounting of natural resource depletion and pollution costs still has some gaps.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 31 values

Adjusted net savings, including particulate emission damage (% of GNI) in nearby economies

• Australia — 6.42% (2021)
• Brunei Darussalam — 23.99% (2021)
• Cambodia — 17.34% (2021)
• China — 16.33% (2021)
• Fiji — 4.55% (2020)
• Indonesia — 10.78% (2021)
• Japan — 3.55% (2021)
• Korea, Rep. — 17.71% (2021)
• Lao PDR

More economic policy & debt data for Vanuatu

• Grants, excluding technical cooperation (BoP, current US$) — US$153.1 million (2023)
• Net bilateral aid flows from DAC donors, Total (current US$) — US$118.44 million (2023)
• Net official development assistance and official aid received (current US$) — US$150.05 million (2023)
• Net official development assistance and official aid received (constant 2023 US$) — US$150.05 million (2023)
• Net official development assistance received (current US$) — US$150.05 million (2023)
• Net official development assistance received (constant 2023 US$) — US$150.05 million (2023)
• Net ODA received per capita (current US$) — US$468.32 (2023)
• Technical cooperation grants (BoP, current US$)

Reading data like this

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Questions people ask

What is Vanuatu's adjusted net savings, including particulate emission damage (% of GNI)?

37.98% in 2020, according to the World Bank (World Development Indicators).

How has it changed since 1990?

It is up 18.69 percentage points from 19.3% in 1990. The highest value was 40.26% in 2019 and the lowest -6.98% in 1999.

How does Vanuatu rank?

2nd highest of 21 economies with data for 2020.

Is the latest change in adjusted net savings, including particulate emission damage (% of GNI) unusual for Vanuatu?

In 2020, Vanuatu's adjusted net savings, including particulate emission damage (% of GNI) fell 2.28 percentage points on 2019 (from 40.26% to 37.98%). Across the 29 yearly changes before that (1991 to 2019), the average change was +0.72 percentage points and a typical year strayed about 6.36 percentage points from that (the standard deviation). This year's change was 0.5 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator NY.ADJ.SVNG.GN.ZS, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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