Vanuatu
| Country summary | |
|---|---|
|
Capital |
Port-Vila (on Efate) |
|
Borders |
(N/A) |
|
Government type |
parliamentary republic |
|
Population |
218,519 (July 2010 est.)[1] |
|
Population growth |
1.398% (2010 est.)[1] |
|
Life expectancy |
63.98 years[1] |
|
Unemployment |
1.7% (1999)[1] |
|
108[2] | |
|
95[3] | |
|
59[4] | |
Multiple waves of colonizers, each speaking a distinct language, migrated to the New Hebrides in the millennia preceding European exploration in the 18th century. This settlement pattern accounts for the complex linguistic diversity found on the archipelago to this day. The British and French, who settled the New Hebrides in the 19th century, agreed in 1906 to an Anglo-French Condominium, which administered the islands until independence in 1980, when the new name of Vanuatu was adopted.[1]
Economical characteristics
- Currency: Vanuatu vatu (ISO code: VUV)
- Central bank discount rate: 6% (31 December 2009)[1]
- Commercial banks lending rate: 5.5% (31 December 2009 )[1]
- Stock of money (M1): $101.6 million (31 December 2008)[1]
- Quasi money (with M1 makes M2): $430 million (31 December 2008)[1]
Statistics
| Statistic / Year | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|
| GDP (million USD)[5] | 251 | 245 | 235 | 230 | 280 | 330 | 370 | 413 | 507 | 590 |
| Govt. debt (% of GDP)[6] | 29.151 | |||||||||
| Govt. revenue (% of GDP)[7] | 20.744 | |||||||||
| Govt. expenses (% of GDP)[8] | 21.250 | |||||||||
| Debt to revenue (years) | 1.405 |
References
Note: statistical data was rounded. Different sources may use different methodologies for their estimates. Debt to revenue is calculated by dividing the two variables from their original ('unrounded') values. It represents how long it would a government take to repay its entire debt if it used its whole revenue for this purpose.
- ↑ 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 CIA - The World Factbook. "Vanuatu", from The World Factbook. Referenced 2010-10-05.
- ↑ Heritage Foundation. "Vanuatu", Economic Freedom Score. A lower ranking is better; but please be careful when comparing between different countries or years. Referenced 2010-10-05.
- ↑ Transparency International. "Vanuatu", Corruption Perceptions Index 2009. A lower ranking is better; but please note that the numbers cannot be compared between countries or years due to different methodology. Referenced 2010-10-05.
- ↑ Doing Business. "Vanuatu", Doing Business 2010 (part of The World Bank Group). A lower ranking is better; but please be careful when comparing between different countries or years. Referenced 2010-10-05.
- ↑ World Bank. "Vanuatu: GDP", from World Bank Data. Referenced 2010-10-05.
- ↑ World Bank. "Vanuatu: government debt", from World Bank Data. Referenced 2010-10-05.
- ↑ World Bank. "Vanuatu: government revenue", from World Bank Data. Referenced 2010-10-05.
- ↑ World Bank. "Vanuatu: government expenses", from World Bank Data. Referenced 2010-10-05.
Links
- Vanuatu on Wikipedia
- Central bank of Vanuatu
- Country profile (pdf) from the Enterprise Studies page (part of the The World Bank Group)
- BBC country profile
