HistoryCentral · Nation by Nation
HistoryCentral Est. 1996
Flag of Vanuatu
flag — Vanuatu
Nation by Nation

Vanuatu

Economy

$1.1 billion
GDP
World Bank · 2024
$3,411
GDP / Capita
World Bank · 2024
+0.9%
GDP Growth
World Bank · 2024
5.0%
Unemployment
World Bank · 2024

Vanuatu is a small Melanesian archipelago economy dependent on agriculture, tourism, and an offshore financial sector, and is among the world's most exposed nations to natural disasters.

Most people live by subsistence farming, while tourism and the sale of passports through a citizenship-by-investment program provide revenue, in a country regularly battered by cyclones and earthquakes.

Key Sectors

The economy rests on subsistence and cash-crop agriculture (copra, kava, cocoa), tourism, offshore financial services, and a citizenship-by-investment program.

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