Vanuatu: Imports of goods and services (% of GDP)
In , Vanuatu's Imports of goods and services (% of GDP) was 54.17.
That's up 7.5% from 2021, the highest value since .
The global average for this indicator in 2022 was 47.94 .
Source: World Bank Open Data (NE.IMP.GNFS.ZS) • Data as of 2022
Trend (2005–2022)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 64.47
- Trough
- 48.27
- 1-year change
- +7.5%
- 5-year change
- -6.4%
- -1.3% / yr
- 10-year change
- +1.9%
- +0.2% / yr
Historical Data — Last 10 Years
| Year | Imports of goods and services (% of GDP) |
|---|---|
| 54.1741 | |
| 50.3985 | |
| 51.4415 | |
| 49.0377 | |
| 54.0691 | |
| 57.8657 | |
| 58.9096 | |
| 64.4714 | |
| 53.8652 | |
| 54.7286 |
About Imports of goods and services (% of GDP)
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to 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.IMP.GNFS.ZS • Category: Economy
Frequently asked questions
- What was Vanuatu's Imports of goods and services (% of GDP) in 2022?
- In 2022, Vanuatu's Imports of goods and services (% of GDP) was 54.17, according to World Bank Open Data.
- Is Vanuatu's Imports of goods and services (% of GDP) rising or falling?
- Vanuatu's Imports of goods and services (% of GDP) rose 7.5% from 2021 to 2022.
- How does Vanuatu's Imports of goods and services (% of GDP) compare to the world average?
- The global average for Imports of goods and services (% of GDP) in 2022 was 47.94, so Vanuatu is above the world average.
- What is Imports of goods and services (% of GDP) and how is it measured?
- Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to 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.
Source: World Bank Open Data (NE.IMP.GNFS.ZS), CC BY 4.0.