Vanuatu: Trade (% of GDP)
In , Vanuatu's Trade (% of GDP) was 63.60.
That's up 6.1% from 2021, the highest value since .
The global average for this indicator in 2022 was 92.19 .
Source: World Bank Open Data (NE.TRD.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
- 110.68
- Trough
- 59.95
- 1-year change
- +6.1%
- 5-year change
- -39.7%
- -9.6% / yr
- 10-year change
- -39.1%
- -4.8% / yr
Historical Data — Last 10 Years
| Year | Trade (% of GDP) |
|---|---|
| 63.5996 | |
| 59.9521 | |
| 69.9149 | |
| 99.3830 | |
| 110.6797 | |
| 105.5266 | |
| 106.3519 | |
| 108.7587 | |
| 105.1993 | |
| 106.4108 |
About Trade (% of GDP)
Trade is the sum of exports and imports of goods and services. 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.TRD.GNFS.ZS • Category: Economy
Frequently asked questions
- What was Vanuatu's Trade (% of GDP) in 2022?
- In 2022, Vanuatu's Trade (% of GDP) was 63.60, according to World Bank Open Data.
- Is Vanuatu's Trade (% of GDP) rising or falling?
- Vanuatu's Trade (% of GDP) rose 6.1% from 2021 to 2022.
- How does Vanuatu's Trade (% of GDP) compare to the world average?
- The global average for Trade (% of GDP) in 2022 was 92.19, so Vanuatu is below the world average.
- What is Trade (% of GDP) and how is it measured?
- Trade is the sum of exports and imports of goods and services. 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.TRD.GNFS.ZS), CC BY 4.0.