Vanuatu 2023
Detailed economic analysis and indicators for 2023
Key Economic Indicators (2023)
GDP (Current USD)
$1.13 billion
↑ 10.18% vs 2022GDP per Capita
$3,515.24
↑ 7.65% vs 2022GDP Growth (Annual %)
2.21%
↑ 0.30pp vs 2022Inflation Rate (CPI %)
11.18%
↑ 4.50pp vs 2022Year-over-Year Comparison
| Indicator | 2022 | 2023 | Change |
|---|---|---|---|
| GDP (Current USD) | $1.02 billion | $1.13 billion | +10.18% |
| GDP per Capita | $3,265.40 | $3,515.24 | +7.65% |
| GDP Growth (Annual %) | 1.92% | 2.21% | +0.30pp |
| Inflation (CPI %) | 6.68% | 11.18% | +4.50pp |
| Unemployment Rate (%) | 5.14% | 5.08% | -0.06pp |
All Economic Indicators (2023)
National Accounts
- GDP (Current USD)
- $1.13 billion
- GDP per Capita
- $3,515.24
- GDP Growth (Annual %)
- 2.21%
- Gross National Income
- $1.28 billion
Prices & Employment
- Inflation (CPI %)
- 11.18%
- Inflation (GDP Deflator %)
- 11.31%
- Unemployment Rate (%)
- 5.08%
- Interest Rate (Real %)
- -2.13%
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- N/A
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2023, Vanuatu's Gross Domestic Product (GDP) is $1.13 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Vanuatu for 2023 is $3,515.24. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Vanuatu for 2023 is 11.18%. This measures the annual percentage change in the cost of consumer goods and services.
Vanuatu's annual GDP growth rate for 2023 is 2.21%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Vanuatu for 2023 is 5.08%. This represents the percentage of the labor force that is unemployed and actively seeking employment.