Building a Strong Middle Class in Asia

Investing in training and practical education will stimulate and diversify the job market in Asia - moving the poor into middle class. Watch Video

Asian Economies Bounce Back

Developing country economies in Asia are returning to strong growth driven by rising consumption and intraregional trade. Read More

Growth Slows in the Pacific Region

Economic expansion has slowed in the Pacific region but there are bright spots on the horizon, according to a newly published report. Read More

Southeast Asia's Strength Keeps Asia Growth on Track - ADB Report

The surging economies of Southeast Asia have been a bright spot in developing Asia’s otherwise subdued 2012 growth performance, but the broader region should still pick up steam in 2013, says a new ADB report. Read More

Overview

Vanuatu's economy has outperformed most of the other Pacific island countries over the past decade due to implementation of structural reforms. Growth has been driven by the services, tourism, and construction sectors.

ADB's country partnership strategy, 2010-2014, for Vanuatu aligns with the government's Priorities and Action Agenda, 2006-2015, as well as its Planning Long, Acting Short action program. Assistance focuses on three core areas: transport and information and communication technology, urban sector development, and energy. Private sector development remains a crosscutting theme.

Fast Facts

0.25 (2012)
Population in millions

2.3% (2010-2012)
Annual population growth rate

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

Proposed Projects

There are no proposed projects at this time.

ADB Lending

Amount ($M) / %
Sector (No. of loans)
1.10 / 1.64
Agriculture (1)
 
6.00 / 8.95
Finance (2)
 
20.00 / 29.82
Public Sector (1)
 
19.97 / 29.77
Transport and ICT (3)
 
15.00 / 22.36
Water Supply (2)
 
5.00 / 7.45
Multisector (2)
 
67.07 / 100.00
TOTAL (11)
Cumulative as of 31 December 2012