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Vanuatu [+]Compare [E]dit [H]istory

Aliases: New Hebrides, Republic of Vanuatu, Ripablik blong Vanuatu

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Object «Vanuatu» has attributes

Attribute Value
Geography
Area 12,189 km²
Continent Australia
Land area 12,189 km²
Water area 0 km²
Land boundaries 0 km
Border countries Add
Coastline 2,528 km
Mean elevation Add
Lowest point 0 m
Highest point 1,877 m
People
Population 298,333
Official languages
  • creole)
  • local languages (more than
Religion Protestant
Government
Long country name Republic of Vanuatu
Short country name Vanuatu
Long local name Ripablik blong Vanuatu
Short local name Vanuatu
Former name
  • New Hebrides
Government type Parliamentary republic
Capital Port-Vila
Economy
GDP (PPP) 772,000,000 USD
GDP (OER) 870,000,000 USD
GDP (real growth rate) 4.2 %
GDP - per capita (PPP) 2,700 USD
Gross national saving Add
Labor force 115,900
Unemployment rate 1.7 %
Population below poverty line Add
Budget revenues 236,700,000 USD
Budget expenditures 244,100,000 USD
Military expenditures Add
Taxes and other revenues 27.2 % of GDP
Budget surplus or deficit -0.9 % of GDP
Public debt 48.4 % of GDP
Inflation rate 3.1 %
Central bank discount rate 20 %
Commercial bank prime lending rate 3.2 %
Stock of narrow money 424,700,000 USD
Stock of broad money 424,700,000 USD
Stock of domestic credit 494,000,000 USD
Market value of publicly traded shares Add
Current account balance -13,000,000 USD
Exports 44,700,000 USD
Imports 273,700,000 USD
Reserves of foreign exchange and gold 395,100,000 USD
External debt 200,500,000 USD
National currency vatu
National currency (code) VUV
National currency (symbol) VT
National currency rate to USD 109.7

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. Politics and society continue to be divided along linguistic lines, although those divisions are lessening over time. Coalition governments tend to be weak, and since 2008, prime ministers have been ousted through no-confidence motions or temporary procedural issues 10 times. Prime Minister Charlot SALAWI has survived four no-confidence motions since taking office in 2016.

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There was one edit, no edits waiting approval. Last edited by romaguera.shemar(9697), Sep 16, 2019 (58 fields were changed)
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