Vanuatu's exports of goods and services (current LCU) was 39.21 billion in 2024, the latest year in the World Bank's World Development Indicators. That is up 6.46% from 36.83 billion in 2014 (0.63% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 39.21 billion | 2024 |
| Five years earlier | 37.67 billion | 2019 |
| Ten years earlier | 36.83 billion | 2014 |
| Highest | 43.19 billion | 2018 |
| Lowest | 2.57 billion | 1980 |
| Average since 2015 | 31.67 billion | 2015–2024 |
| First recorded | 2.57 billion |
What the numbers say
In 2024, Vanuatu's exports of goods and services (current LCU) fell 2.3% on 2023 (from 40.15 billion to 39.21 billion).
Across the 30 yearly changes before that (1994 to 2023), the average change was +8.5% and a typical year strayed about 31.3% 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 114.5% in 2022 and the biggest yearly fall was 57.3% 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 5% 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 18th highest value of the 34 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 of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
All 45 values
| Year | Exports of goods and services (current LCU) |
|---|---|
| 2024 | 39,207,000,000 |
| 2023 | 40,150,000,000 |
| 2022 | 20,402,000,000 |
| 2021 | 9,512,000,000 |
| 2020 | 16,084,000,000 |
| 2019 | 37,665,000,000 |
| 2018 | 43,193,000,000 |
| 2017 | 40,545,000,000 |
| 2016 | 37,554,000,000 |
| 2015 | 32,407,000,000 |
Exports of goods and services (current LCU) in nearby economies
- American Samoa — 409 million (2022)
- Australia — 645.94 billion (2025)
- Brunei Darussalam — 14.07 billion (2025)
- Cambodia — 141.25 trillion (2025)
- China — 29.54 trillion (2025)
- Fiji — 7.37 billion (2024)
- French Polynesia — 127.8 billion (2024)
- Guam — 545 million (2022)
- Hong Kong SAR, China — 6.66 trillion (2025)
- Indonesia
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 of goods and services (current LCU)?
- 39.21 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1980?
- It is up 1,427% from 2.57 billion in 1980 (6.39% a year on average, compounded). The highest value was 43.19 billion in 2018 and the lowest 2.57 billion in 1980.
- How does Vanuatu rank?
- 18th highest of 34 economies with data for 2024.
- Is the latest change in exports of goods and services (current LCU) unusual for Vanuatu?
- In 2024, Vanuatu's exports of goods and services (current LCU) fell 2.3% on 2023 (from 40.15 billion to 39.21 billion). Across the 30 yearly changes before that (1994 to 2023), the average change was +8.5% and a typical year strayed about 31.3% 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 NE.EXP.GNFS.CN, 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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