Vanuatu FlagVanuatu

In God We Stand.

 

General


Population: 266,937 (2014), 261,565 (2013)
Land Area: 12,200 sq km
Natural Resources: Manganese, hardwood forests, fish
Capital: Port-Vila
Political System: Parliamentary Republic
State Leader: Iolu Johnson Abbil (September 3rd 2009)
Head of Government: Joe Natuman (May 14th 2014)
Languages: Local languages, Pidgin, English, French
Currency: Vatu (VUV)
Major Religions: Presbyterian 31.4%, Anglican 13.4%, Roman Catholic 13.1%, Seventh-Day Adventist 10.8%, Other Christian 13.8%, Indigenous Beliefs 5.6%, Other 9.6%, None 1%, Unspecified 1.3%
Major Ethnicities: Ni-Vanuatu 98.5%, Other 1.5%
Life Expectancy: 72.72 years (2014), 72.38 years (2013)

Economy


GDP Official Exchange Rate: 828 million (2013), 783 million (2012)
GDP Purchasing Power Parity: 1.27 billion (2013), 1.251 billion (2012)
GDP Per Capita (PPP): 4,800 (2013), 5,000 (2012)
GDP Growth Rate: 3.3% (2013), 2.7% (2012)
GDP Structure: Agriculture 22.4%, Industry 9.7%, Services 67.9% (2013)
Labour Force By Occupation: Agriculture 65%, Industry 5%, Services 30% (2000)
Industries: Food and fish freezing, wood processing, meat canning
Agriculture Products: Copra, coconuts, cocoa, coffee, taro, yams, fruits, vegetables; beef; fish
Human Development Index: 0.616 (131st)(2014), 0.626 (124th)(2013)
Tourism Revenue: 46 million (2001)
Unemployment Rate: 1.7% (1999)

MilitaryVanuatu Map


Army Size: NA
Budget: NA

Current Situation

 

Vanuatu is located in the Pacific Ocean. Vanuatu has no natural neighbours. Vanuatu's economy is largely based on agriculture, most of which is subsistence. Tourism is being developed and the government hopes to attract more tourists from Australia and New Zealand. Vanuatu is also a tax haven, it has no income taxes and other forms of taxes on earnings.

(2014) Vanuatu's economy continues to grow at a steady rate.

Thoughts & Comments

 

Sources

CIA World Factbook: Vanuatu
Wikipedia: Vanuatu
http://hdrstats.undp.org/en/countries/profiles/VUT.html

Updated on: January 4th, 2015