Services value added — all countries

Services value added — Vanuatu

Services value added in Vanuatu in 2024 — 736,785,130 US$. Ranked 181 in the world out of 188. Since 2002, the indicator has risen by 376%.

2024 737M US$ +6.95% vs 2023
World rank 181of 188
Period maximum 737M US$2024
Period minimum 155M US$2002

Trend over time

2002–2024 · US$

Services value added — Vanuatu, 2002–20240200M400M600M800M200220052008201120142017202020232002: 154,779,152 US$2003: 193,896,076 US$2004: 223,222,113 US$2005: 245,959,038 US$2006: 278,793,996 US$2007: 320,283,099 US$2008: 362,029,916 US$2009: 361,717,245 US$2010: 414,020,485 US$2011: 488,190,529 US$2012: 478,110,916 US$2013: 528,926,144 US$2014: 526,085,536 US$2015: 499,875,368 US$2016: 546,015,211 US$2017: 585,749,509 US$2018: 596,523,397 US$2019: 635,765,803 US$2020: 585,838,100 US$2021: 645,942,304 US$2022: 670,943,840 US$2023: 688,936,929 US$2024: 736,785,130 US$
Change over the period: +582M (+376.02%) Average annual rate: 7.35 %

Comparison, 2024

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

Vanuatu 737M US$
World 70.69T US$
Melanesia computed 17.66B US$
Lower-middle-income countries computed 4.22T US$
Services value added — Vanuatu, by year Vanuatu All countries CSV XLSX
Year US$ Change Change, %
2024 737M +47.85M +6.95%
2023 689M +17.99M +2.68%
2022 671M +25M +3.87%
2021 646M +60.1M +10.26%
2020 586M −49.93M −7.85%
2019 636M +39.24M +6.58%
2018 597M +10.77M +1.84%
2017 586M +39.73M +7.28%
2016 546M +46.14M +9.23%
2015 500M −26.21M −4.98%
2014 526M −2.84M −0.54%
2013 529M +50.82M +10.63%
2012 478M −10.08M −2.06%
2011 488M +74.17M +17.91%
2010 414M +52.3M +14.46%
2009 362M −312,672 −0.09%
2008 362M +41.75M +13.03%
2007 320M +41.49M +14.88%
2006 279M +32.83M +13.35%
2005 246M +22.74M +10.19%
2004 223M +29.33M +15.12%
2003 194M +39.12M +25.27%
2002 155M

Melanesia, 2024

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

About the indicator

Value added by the service sector in current US dollars: trade, transport, communications, finance, real estate, public administration, education, health care and everything else that is neither industry nor agriculture. In most advanced countries this is two thirds of the economy or more, and in absolute figures the sector is larger than industry almost everywhere except a few manufacturing economies of East Asia.

Important: A residual category by definition: everything not assigned to agriculture or industry. Its composition is therefore harder to compare across countries than its size.

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