Vanuatu/

This South Pacific island economy is based primarily on small-scale agriculture, which provides a living for about two-thirds of the population. Fishing, offshore financial services, and tourism, with nearly 197,000 visitors in 2008, are other mainstays of the economy. Mineral deposits are negligible; the country has no known petroleum deposits. A small light industry sector caters to the local market. Tax revenues come mainly from import duties. Economic development is hindered by dependence on relatively few commodity exports, vulnerability to natural disasters, and long distances from main markets and between constituent islands. In response to foreign concerns, the government has promised to tighten regulation of its offshore financial center. In mid-2002, the government stepped up efforts to boost tourism through improved air connections, resort development, and cruise ship facilities. Agriculture, especially livestock farming, is a second target for growth. Australia and New Zealand are the main suppliers of tourists and foreign aid.

$1.216 billion (2010 est.)

$1.168 billion (2009 est.)

$1.126 billion (2008 est.)

$721 million (2010 est.)

4.1% (2010 est.)

3.8% (2009 est.)

6.6% (2008 est.)

$5,500 (2010 est.)

$5,300 (2009 est.)

$5,200 (2008 est.)

115,900 (2007)

1.7% (1999)

NA%

3.9% (2007 est.)

6% (31 December 2009)

6% (31 December 2008)

5.5% (31 December 2009 est.)

5.29% (31 December 2008 est.)

$229.2 million (31 December 2009)

$177.7 million (31 December 2008)

$614.2 million (31 December 2009)

$531.6 million (31 December 2008)

$274 million (31 December 2008 est.)

$229.5 million (31 December 2007 est.)

$NA

copra, coconuts, cocoa, coffee, taro, yams, fruits, vegetables; beef; fish

food and fish freezing, wood processing, meat canning

42 million kWh (2007 est.)

39.06 million kWh (2007 est.)

0 kWh (2008 est.)

0 kWh (2008 est.)

0 bbl/day (2009 est.)

1,000 bbl/day (2009 est.)

0 bbl/day (2007 est.)

654 bbl/day (2007 est.)

0 bbl (1 January 2010 est.)

0 cu m (2008 est.)

0 cu m (2008 est.)

0 cu m (2008 est.)

0 cu m (2008 est.)

0 cu m (1 January 2010 est.)

-$60 million (2007 est.)

$40 million (2006)

copra, beef, cocoa, timber, kava, coffee

Thailand 53.15%, Japan 12.22%, Poland 11.78% (2009)

$156 million (2006)

machinery and equipment, foodstuffs, fuels

Japan 17.3%, Australia 13.46%, China 12.26%, Singapore 12%, NZ 6.88%, Poland 6.61%, France 5.86%, Fiji 5.52% (2009)

$40.54 million (2003)

$81.2 million (2004)

vatu (VUV) per US dollar - 97.93 (2009), NA (2007), 111.93 (2006), NA (2005), 111.79 (2004), 122.19 (2003)