Vanuatu 2019
Yearbook 2019
Vanuatu. In January, 685 people were forced to leave their homes on the island of Ambrym after the eruption of the volcano on the island. The huge forces caused cracks in the ground, including one that opened in the middle of a village and caused damage to the houses. At hat same month, Australian Prime Minister Scott Morrison visited Vanuatu. It was the first bilateral state visit an Australian head of government made in the country and the second visit ever; former Prime Minister Bob Hawke attended a Pacific Island Forum meeting in Vanuatu in 1990.
- ABBREVIATIONFINDER.ORG: Click to see the meanings of 3-letter acronym and abbreviation of VUT in general and in geography as Vanuatu in particular.
Economy
Inflation rate | 3.10% |
Unemployment rate | 1.7% |
Gross domestic product (GDP) | $ 772,000,000 |
GDP growth rate | 4.20% |
GDP per capita | 2,700 USD |
GDP by sector | |
Agriculture | 27.30% |
Industry | 11.80% |
Service | 60.80% |
State budget | |
Revenue | 78.7 million |
Expenditure | 72.23 million |
Proportion of the population below the national poverty line | – |
Distribution of household income | |
Top 10% | k. A. |
Lower 10% | k. A. |
Industrial production growth rate | 4.00% |
Investment volume | |
National debt | 48.40% of GDP |
Foreign exchange reserves | $ 288,900,000 |
Tourism | 2014 |
Number of visitors | 109,000 |
Revenue | $ 284,000,000 |
In March, Donald Kalpokas passed away, a few months before he turned 76. Kalpokas was one of three political leaders who played a crucial role when Vanuatu became independent in 1980 and is considered one of the nation’s fathers. In July, Viran Molisa Trief became the first female member of the country’s highest court. The 43-year-old Trief previously held a post corresponding to the Justice Chancellor, including that of the first woman. In October, a fish processing plant was opened on the outskirts of the capital Port Vila. The factory has been built in cooperation with China.
Population 2019
According to CountryAAH, the population of Vanuatu in 2019 was 299,771, ranking number 181 in the world. The population growth rate was 2.460% yearly, and the population density was 24.6007 people per km2.