Economy of Vanuatu

Imports

Imports commoditiesmachinery and equipment, foodstuffs, fuels

Import partnersChina 20.2%, Singapore 18.8%, US 15%, Japan 11.6%, Australia 10.4%, Fiji 5.2%, NZ 4.8% (2012)

Exports

Exports commoditiescopra, beef, cocoa, timber, kava, coffee

Export partnersThailand 41.9%, Cote dIvoire 30.5%, Japan 14.7% (2012)

Economy sectors

Agriculture productscopra, coconuts, cocoa, coffee, taro, yams, fruits, vegetables; beef; fish

Industrial productsfood and fish freezing, wood processing, meat canning

Economy

Unemployment1.70 % (1999)

GDP - Official Exchange Rate828 Million $ (2013)776 Million $ (2012)786 Million $ (2011)

GDP growth rate3.30 % (2013)2.30 % (2012)2.50 % (2011)

GDP per Capita (PPP)4,800 $ (2013)4,800 $ (2012)4,900 $ (2011)

GDP - Purchasing Power Parity1.27 Billion $ (2013)1.21 Billion $ (2012)1.21 Billion $ (2011)

GDP PPP per land area104 Thousand $ per square kilometer (2013)99,516 $ per square kilometer (2012)98,860 $ per square kilometer (2011)

Electricity

Banking

Central bank discount rate20.0 % (2010)6.00 % (2009)6.00 % (2008)

Commercial bank prime lending rate6.70 % (2013)6.00 % (2012)5.50 % (2011)

GDP decomposition by sector

Agriculture % of GDP22.4 % (2013)22.5 % (2012)

Industry % of GDP9.70 % (2013)9.50 % (2012)

Services % of GDP67.9 % (2013)67.9 % (2012)

Tourism

International tourism, number of arrivals108 Thousand (2012)94,000 (2011)97,000 (2010)

International tourism, number of departures15,000 (2012)22,000 (2011)21,000 (2010)

Debt, Current Account Balance and Budget Deficit

Current Account Balance (Percentage of GDP)-6.39 % of GDP (2012)-7.33 % of GDP (2011)-4.99 % of GDP (2010)

External Debt Stocks (Percentage of GNI)48.2 % of GNI (2012)26.3 % of GNI (2011)25.5 % of GNI (2010)

Short-term debt (percentage of total external debt)68.2 % of total external debt (2012)38.7 % of total external debt (2011)28.3 % of total external debt (2010)

Current Account Balance (Total)-118.00 Million $ (2013)-128.60 Million $ (2012)-126.90 Million $ (2011)

External Debt (Total)369 Million $ (2012)308 Million $ (2011)259 Million $ (2010)

External Debt (Percentage of GDP)47.6 % of GDP (2012)39.2 % of GDP (2011)37.4 % of GDP (2010)

External Debt per Capita1,441 $ (2012)1,370 $ (2011)1,096 $ (2010)