Vanuatu: Industry value added

The latest value from 2018 is 0.09 billion U.S. dollars, unchanged from 0.09 billion U.S. dollars in 2017. In comparison, the world average is 122.40 billion U.S. dollars, based on data from 188 countries. Historically, the average for Vanuatu from 1979 to 2018 is 0.04 billion U.S. dollars. The minimum value, 0.01 billion U.S. dollars, was reached in 1979 while the maximum of 0.09 billion U.S. dollars was recorded in 2010. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.