Currency | Vanuatu vatu |
---|---|
Country group | Developing/Emerging |
Statistics | |
GDP | |
GDP growth |
|
GDP per capita | |
2.863% (2018 est.)[2] | |
All values, unless otherwise stated, are in US dollars. |
Vanuatu's economy is primarily agricultural; 80% of the population is engaged in agricultural activities that range from subsistence farming to smallholder farming of coconuts and other cash crops.[3]
Copra is by far the most important cash crop (making up more than 35% of Vanuatu's exports), followed by timber, beef, and cocoa. Kava root extract exports also have become important.