Vanuatu: Imports, percent of GDP

* indicates monthly or quarterly data series
 Vanuatu

Imports of goods and services as percent of GDP

 Latest value 55.46
 Year 2022
 Measure percent
 Data availability 1980 - 2022
 Average 53.45
 Min - Max 35.35 - 68.42
 Source The World Bank
The latest value from 2022 is 55.46 percent, an increase from 52.45 percent in 2021. In comparison, the world average is 52.43 percent, based on data from 161 countries. Historically, the average for Vanuatu from 1980 to 2022 is 53.45 percent. The minimum value, 35.35 percent, was reached in 1981 while the maximum of 68.42 percent was recorded in 1990. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Vanuatu - Imports, percent of GDP - Recent values chart

Historical series
Vanuatu - Imports, percent of GDP - historical chart - 1980-2022




The imports of Vanuatu and other countries are calculated as the total amount of goods and services produced abroad and sold at home. Imports are often reported as percent of GDP so that we can evaluate their magnitude relative to the size of the economy.

If imports are about 15 percent or less of GDP the economy is considered relatively closed. That, for example, applies to the U.S. In contrast, many small European countries import over 40 percent of the products they consume. They are considered more open to international trade.
Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

All articles



 Related indicators Latest Reference Measure
 Terms of trade 101.82 2021 percent
 Trade openness 70.76 2022 percent
 Financial openness 1.793 2021 index points
 Exports, percent of GDP 15.30 2022 percent
 Exports, billion dollars 0.16 2022 billion U.S. dollars
 Growth of exports 73.16 2022 percent
 Imports, percent of GDP 55.46 2022 percent
 Imports, billion dollars 0.57 2022 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 1.01 2022 percent
 Foreign Direct Investment, billion dollars 0.01 2022 billion U.S. dollars
 Portfolio investment inflows, equities 0.00 2022 million dollars (current)
 Current account, percent of GDP -5.00 2022 percent
 Current account, in dollars -0.13 2022 billion U.S. dollars
 Trade balance, percent of GDP -38.88 2022 percent
 Trade balance, in dollars -0.43 2022 billion U.S. dollars
 Reserves 0.64 2023 billion U.S. dollars
 Remittances, percent of GDP 15.68 2023 percent
 Remittances 176.60 2023 million U.S. dollars
 Net errors and omissions 14.40 2022 million USD
 External debt 39.94 2022 percent
 Short-term external debt 6.56 2022 percent
 Short-term debt to reserves 4.98 2022 percent
 Foreign exchange reserves 74.87 Q4/2023 billion
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