Vanuatu GDP (Current USD) VUTGDP Economic
Overview Summary for the Selected Time Period
This overview provides a summary of the selected indicators, including their latest values, changes over time, and key statistics.
Settings
Value Chart Percentage Changes
Value Overlay ChartPercentage Changes
Learn More
This page just gave you an overview, you might also want to check out the comprehensive stats, historical, and correlation pages.
What is Vanuatu GDP (Current USD)?
Vanuatu GDP (Current USD) represents the total market value of all final goods and services produced within Vanuatu during a specific period, measured in United States dollars at current prices. This indicator is a primary measure of the size and performance of the Vanuatu economy. Economists and policymakers monitor VUTGDP to assess overall economic growth, understand the country's economic output, and make informed decisions regarding fiscal and monetary policy. It helps in evaluating living standards, identifying economic trends, and comparing Vanuatu's economic performance internationally. The calculation typically involves summing consumption, investment, government spending, and net exports (exports minus imports). Changes in VUTGDP signal economic expansion when it increases, suggesting a growing economy with potentially rising employment and incomes. Conversely, a decrease signals economic contraction, which may indicate recessionary pressures, declining business activity, and potential job losses. Understanding these fluctuations is crucial for managing economic stability and planning for future development.
Read more🤖 AI Analysis
This website uses cookies for essential functions, other functions, and for statistical purposes. Please refer to the cookie policy for details.
This feature requires functional cookies. Please refer to the cookie policy for details.
Trade hundreds of crypto perpetual futures