Services share of GDP — all countries

Services share of GDP — Vanuatu

Services share of GDP in Vanuatu in 2024 — 56.8%. Ranked 99 in the world out of 189. Since 2002, the indicator has fallen by 2.2 pp.

2024 56.8% −1.2 pp vs 2023
World rank 99of 189
Period maximum 63.9%2012
Period minimum 56.8%2024

Trend over time

2002–2024 · % of GDP

Services share of GDP — Vanuatu, 2002–20245658606264200220052008201120142017202020232002: 58.9%2003: 61.7%2004: 61.2%2005: 62.3%2006: 63.5%2007: 62%2008: 61.3%2009: 61%2010: 61.7%2011: 63.4%2012: 63.9%2013: 61.3%2014: 59.8%2015: 58.4%2016: 60.1%2017: 58.7%2018: 57.7%2019: 59.9%2020: 57.6%2021: 59.1%2022: 58.2%2023: 58%2024: 56.8%
Change over the period: −2.2 pp Annual average: -0.1 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Vanuatu

Vanuatu 56.8%
World 63.3%
Melanesia computed 44.5%
Services share of GDP — Vanuatu, by year Vanuatu All countries CSV XLSX
Year % Change, pp
2024 56.8 −1.2 pp
2023 58 −0.3 pp
2022 58.2 −0.8 pp
2021 59.1 +1.5 pp
2020 57.6 −2.3 pp
2019 59.9 +2.2 pp
2018 57.7 −1 pp
2017 58.7 −1.4 pp
2016 60.1 +1.6 pp
2015 58.4 −1.4 pp
2014 59.8 −1.4 pp
2013 61.3 −2.7 pp
2012 63.9 +0.5 pp
2011 63.4 +1.7 pp
2010 61.7 +0.7 pp
2009 61 −0.2 pp
2008 61.3 −0.7 pp
2007 62 −1.4 pp
2006 63.5 +1.2 pp
2005 62.3 +1.1 pp
2004 61.2 −0.5 pp
2003 61.7 +2.7 pp
2002 58.9

Melanesia, 2024

The same indicator for neighboring countries — with links to their pages

About the indicator

The share of value added by the service sector in GDP: wholesale and retail trade, transport, communications, finance, real estate, business and government services, education and health care. In most high-income countries it exceeds 70%; in small island states and tourism economies it reaches 80–90%.

Source: World Development Indicators (World Bank), license CC BY 4.0.