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Vanuatu: Exports of goods and services (% of GDP)

In , Vanuatu's Exports of goods and services (% of GDP) was 9.43.

That's down 1.3% from 2021, the highest value since .

The global average for this indicator in 2022 was 44.26 .

Source: World Bank Open Data (NE.EXP.GNFS.ZS) • Data as of 2022

Trend (2005–2022)

Vanuatu Exports of goods and services (% of GDP) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
56.61
Trough
9.43
1-year change
-1.3%
5-year change
-80.2%
-27.7% / yr
10-year change
-81.6%
-15.6% / yr

Historical Data — Last 10 Years

Year Exports of goods and services (% of GDP)
9.4255
9.5537
18.4734
50.3453
56.6105
47.6609
47.4424
44.2873
51.3341
51.6822

About Exports of goods and services (% of GDP)

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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Indicator code: NE.EXP.GNFS.ZSCategory: Economy

Frequently asked questions

What was Vanuatu's Exports of goods and services (% of GDP) in 2022?
In 2022, Vanuatu's Exports of goods and services (% of GDP) was 9.43, according to World Bank Open Data.
Is Vanuatu's Exports of goods and services (% of GDP) rising or falling?
Vanuatu's Exports of goods and services (% of GDP) fell 1.3% from 2021 to 2022.
How does Vanuatu's Exports of goods and services (% of GDP) compare to the world average?
The global average for Exports of goods and services (% of GDP) in 2022 was 44.26, so Vanuatu is below the world average.
What is Exports of goods and services (% of GDP) and how is it measured?
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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
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Source: World Bank Open Data (NE.EXP.GNFS.ZS), CC BY 4.0.