ADB's Work in Vanuatu
Shareholding and Voting Power
Number of shares held:
708 (0.007% of total shares)
39,822 (0.299% of total membership, 0.460% of total regional membership)
Overall capital subscription:
Paid-in capital subscription:
Vanuatu faces development challenges typical of small island economies. These include remoteness, small market size, limited human and financial resources, and vulnerability to shocks such as natural disasters.
Fishermen exploring the waters for a catch in Malekula, Vanuatu.
In recent years, economic growth in the country has been driven by construction, tourism, and aid inflows. The rural economy is primarily agrarian, with largely subsistence farming, aside from some copra, beef, cocoa, and kava produced for export.
In 1980, Vanuatu gained independence from France and the United Kingdom, after 76 years of joint administration, and ADB began supporting the country in 1981.