Vanuatu and ADB

In the Spotlight

Overview

Vanuatu’s economic performance has remained strong in recent years, driven primarily by tourism, construction, and aid inflows from development partners. However, the country’s remoteness, small market size, underdeveloped institutions, and limited absorptive capacity are key constraints to implementing assistance programs. The rural economy is primarily agrarian, largely subsistence farming, aside from some copra, beef, cocoa, and kava produced for export.

ADB's country partnership strategy, 2010-2014 and its country operations business plan, 2014-2016 align with the government's Priorities and Action Agenda 2006-2015. Assistance is focused on transport, by providing support for improved connectivity to markets and social services; urban development, through expanding access to sanitation and drainage facilities and improved urban infrastructure; and energy, by supporting greater energy efficiency and renewable energy sources.


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Funding Information


Fast Facts

0.26(2013) Population in millions

2.3%(2008-2013) Average annual population growth rate

12.7%(2010) Population living below the national poverty line

Download 2014 Basic Statistics