Vanuatu's households and NPISHs final consumption expenditure (current LCU) was 116.26 billion in 2024, the latest year in the World Bank's World Development Indicators. That is up 82.35% from 63.76 billion in 2014 (6.19% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 116.26 billion | 2024 |
| Five years earlier | 108.31 billion | 2019 |
| Ten years earlier | 63.76 billion | 2014 |
| Highest | 129.56 billion | 2022 |
| Lowest | 6.07 billion | 1983 |
| Average since 2015 | 102.13 billion | 2015–2024 |
| First recorded | 6.07 billion |
What the numbers say
In 2024, Vanuatu's households and NPISHs final consumption expenditure (current LCU) rose 1.9% on 2023 (from 114.06 billion to 116.26 billion).
Across the 30 yearly changes before that (1994 to 2023), the average change was +7.8% and a typical year strayed about 10.8% 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 46.5% in 1998 and the biggest yearly fall was 12% 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 6.34 billion a year. A straight line explains 76% 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 2024, Vanuatu had the 18th highest value of the 36 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
- New Zealand — 15th of 36: 246.1 billion
- Bhutan — 16th of 36: 150.65 billion
- Tajikistan — 17th of 36: 144.35 billion
- Eswatini — 19th of 36: 56.5 billion
- Maldives — 20th of 36: 56.28 billion
- Panama — 21st of 36: 42.42 billion
What this measures
This field includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. 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 42 values
| Year | Households and NPISHs final consumption expenditure (current LCU) |
|---|---|
| 2024 | 116,256,000,000 |
| 2023 | 114,061,000,000 |
| 2022 | 129,557,000,000 |
| 2021 | 126,634,000,000 |
| 2020 | 115,607,000,000 |
| 2019 | 108,313,000,000 |
| 2018 | 85,137,000,000 |
| 2017 | 76,178,000,000 |
| 2016 | 74,340,000,000 |
| 2015 | 75,249,000,000 |
Households and NPISHs final consumption expenditure (current LCU) in nearby economies
- American Samoa — 621 million (2022)
- Australia — 1.44 trillion (2025)
- Brunei Darussalam — 5.76 billion (2025)
- Cambodia — 119.86 trillion (2025)
- China — 53.88 trillion (2024)
- Fiji — 9.53 billion (2024)
- French Polynesia — 514.1 billion (2024)
- Guam — 4.14 billion (2022)
- Hong Kong SAR, China
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 households and NPISHs final consumption expenditure (current LCU)?
- 116.26 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1983?
- It is up 1,815% from 6.07 billion in 1983 (7.47% a year on average, compounded). The highest value was 129.56 billion in 2022 and the lowest 6.07 billion in 1983.
- How does Vanuatu rank?
- 18th highest of 36 economies with data for 2024.
- Is the latest change in households and NPISHs final consumption expenditure (current LCU) unusual for Vanuatu?
- In 2024, Vanuatu's households and NPISHs final consumption expenditure (current LCU) rose 1.9% on 2023 (from 114.06 billion to 116.26 billion). Across the 30 yearly changes before that (1994 to 2023), the average change was +7.8% and a typical year strayed about 10.8% 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 NE.CON.PRVT.CN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; 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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