🇻🇺 Vanuatu Manufacturing, value added

Vanuatu Manufacturing, value added was $1.56B in 2022, down 3.1% from 2021, according to World Bank data. The 10-year average is $1.65B. Historical data available from 1998 to 2022 (25 data points). The all-time high was $2.20B in 2010.

Source: World Bank World Development Indicators • 1998202225 data pointsEconomy & Growth

Latest Value
$1.56B
2022
Year-on-Year
-3.1%
vs 2021
10-Year Average
$1.65B
20132022
Range
High: $2.20B (2010)
Low: $1.04B (2008)

Vanuatu Manufacturing, value added (constant LCU)1998 to 2022

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About this Indicator

Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical tranformation of materials or components into new products. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.

Historical Data Table

YearValue
2022$1.56B
2021$1.61B
2020$1.49B
2019$1.81B
2018$1.72B
2017$1.66B
2016$1.63B
2015$1.58B
2014$1.81B
2013$1.65B

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