Vanuatu: General government final consumption expenditure (constant 2015 US$)

Key figures

What the numbers say

In 2024, Vanuatu's general government final consumption expenditure (constant 2015 US$) rose 21% on 2023 (from US$157.35 million to US$190.36 million).

Across the 21 yearly changes before that (2003 to 2023), the average change was +3.4% and a typical year strayed about 7.9% from that (the standard deviation). This year's change was 2.2 standard deviations above that average, so it was unusually large compared with the rest of the record.

On record, the biggest yearly rise was 21% in 2024 and the biggest yearly fall was 7.4% in 2023. 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 the straight-line trend is upward, about US$6.81 million a year. A straight line explains 83% 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.

A straight-line projection, tested first

Extending that straight line gives about US$204.57 million for 2027. We show this only because the same method, fitted on earlier years, predicted 2022 to 2024 better than "no change" would have: its average miss was US$8.92 million, against US$15.09 million for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.

See how a linear trend forecast works and the guide on forecasting without fooling yourself.

How it compares

In 2024, Vanuatu had the 26th 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

• Bhutan — 22nd of 29: US$629.82 million
• Solomon Islands — 23rd of 29: US$475.75 million
• Belize — 24th of 29: US$414.49 million
• Tonga — 26th of 29: US$133.62 million
• Kiribati — 27th of 29: US$118.05 million
• Marshall Islands — 28th of 29: US$117.85 million

What this measures

Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. 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 is 2015. This indicator is expressed in United States dollars.

Limitations: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Measures of growth in consumption and capital formation are subject to two kinds of inaccuracy. The first stems from the difficulty of measuring expenditures at current price levels.

Regional and income-group figures are computed by the World Bank as a gap-filled total.

All 23 values

General government final consumption expenditure (constant 2015 US$) in nearby economies

• Australia — US$418.83 billion (2025)
• Brunei Darussalam — US$3.18 billion (2025)
• Cambodia — US$2.46 billion (2025)
• Hong Kong SAR, China — US$42.14 billion (2025)
• Indonesia — US$106.29 billion (2025)
• Japan — US$999.41 billion (2024)
• Kiribati — US$118.05 million (2024)
• Korea, Rep. — US$332.28 billion (2025)

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

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Vanuatu's general government final consumption expenditure (constant 2015 US$)?

US$190.36 million in 2024, according to the World Bank (World Development Indicators).

How has it changed since 2002?

Source

World Bank, World Development Indicators, indicator NE.CON.GOVT.KD, 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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