Vanuatu's exports as a capacity to import (constant LCU) was 39.21 billion in 2024, the latest year in the World Bank's World Development Indicators. That is down 14.48% from 45.85 billion in 2014 (1.55% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 39.21 billion | 2024 |
| Five years earlier | 32.92 billion | 2019 |
| Ten years earlier | 45.85 billion | 2014 |
| Highest | 48.3 billion | 2013 |
| Lowest | 10.86 billion | 2021 |
| Average since 2015 | 33.51 billion | 2015–2024 |
| First recorded | 23.2 billion |
What the numbers say
In 2024, Vanuatu's exports as a capacity to import (constant LCU) fell 1.7% on 2023 (from 39.9 billion to 39.21 billion).
Across the 21 yearly changes before that (2003 to 2023), the average change was +7.1% and a typical year strayed about 33.8% from that (the standard deviation). This year's change was 0.3 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 92.6% in 2022 and the biggest yearly fall was 43.3% in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 there is no clear straight-line trend: a straight line explains 16% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Vanuatu had the 13th highest value of the 29 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 2024 ranking
What this measures
Exports as a capacity to import equals the current price value of exports of goods and services deflated by the import price index. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.
All 23 values
| Year | Exports as a capacity to import (constant LCU) |
|---|---|
| 2024 | 39,207,000,000 |
| 2023 | 39,899,950,945 |
| 2022 | 20,902,592,507 |
| 2021 | 10,855,266,338 |
| 2020 | 18,664,468,018 |
| 2019 | 32,919,332,865 |
| 2018 | 43,585,384,123 |
| 2017 | 43,718,180,682 |
| 2016 | 46,336,155,780 |
| 2015 | 38,968,295,474 |
Exports as a capacity to import (constant LCU) in nearby economies
- American Samoa — 373.96 million (2022)
- Australia — 638.32 billion (2025)
- Brunei Darussalam — 13.33 billion (2025)
- Cambodia — 118.84 trillion (2025)
- Guam — 464.01 million (2022)
- Hong Kong SAR, China — 6.19 trillion (2025)
- Indonesia — 3,012.27 trillion (2025)
- Japan — 93.13 trillion (2024)
- Kiribati — 19.02 million (2024)
- Korea, Rep.
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
Questions people ask
- What is Vanuatu's exports as a capacity to import (constant LCU)?
- 39.21 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2002?
- It is up 68.99% from 23.2 billion in 2002 (2.41% a year on average, compounded). The highest value was 48.3 billion in 2013 and the lowest 10.86 billion in 2021.
- How does Vanuatu rank?
- 13th highest of 29 economies with data for 2024.
- Is the latest change in exports as a capacity to import (constant LCU) unusual for Vanuatu?
- In 2024, Vanuatu's exports as a capacity to import (constant LCU) fell 1.7% on 2023 (from 39.9 billion to 39.21 billion). Across the 21 yearly changes before that (2003 to 2023), the average change was +7.1% and a typical year strayed about 33.8% from that (the standard deviation). This year's change was 0.3 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.EXP.CAPM.KN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, 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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