Inclusive Growth through Better Governance and Partnerships

Growth in the Asia and Pacific region is strong, but growth alone is not enough for the region to succeed in an era of global change, ADB's President said in his annual address to the Board of Governors. Read More

Governors' Seminar: How Can Asia Respond to the Global Economic Crisis

A global slowdown can have spillover effects on Asia's economies. How can the region rebalance, diversify and ensure everyone benefits from the boom? Read More

ADB Secures $12.4 Billion for Asian Development Fund

The funds will help improve the lives of millions of Asia's poorest through inclusive, sustainable growth. Read More

Pacific Growth to Moderate: ADB Report

Economic growth in the Pacific region is expected to slow to 6.0% in 2012, decelerating further to 4.1% in 2013, says the Asian Development Outlook 2012 report. Read More

Overview

Political stability in Vanuatu has led to improved confidence in the economy with construction, tourism, services, and a robust real estate sector being the main drivers of growth.

ADB's country partnership strategy, 2010–2014, prioritizes the energy, transport, information and communication technology, water supply, and other municipal infrastructure and services sectors. Private sector development remains the cornerstone of the strategy.

Fast Facts

0.24 (2011)
Population in millions

2.3% (2009-2011)
Annual population growth rate

15.9% (2006)
Population living below the national poverty line