Vanuatu - Balance of payments



Continuing trade deficits have been offset by aid from the United Kingdom and France, but this assistance is being steadily reduced.

The US Central Intelligence Agency (CIA) reports that in 2000 the purchasing power parity of Vanuatu's exports was $22.8 million while imports totaled $87.5 million resulting in a trade deficit of $64.7 million.

The International Monetary Fund (IMF) reports that in 2001 Vanuatu had exports of goods totaling $20 million and imports totaling $78 million. The services credit totaled $119 million and debit $73 million. The following table summarizes Vanuatu's balance of payments as reported by the IMF for 2001 in millions of US dollars.

Vanuatu

Current Account -15
Balance on goods -58
Balance on services 46
Balance on income -4
Current transfers 1
Capital Account -16
Financial Account -13
Direct investment abroad
Direct investment in Vanuatu 18
Portfolio investment assets -4
Portfolio investment liabilities
Other investment assets -11
Other investment liabilities 10
Net Errors and Omissions 8
Reserves and Related Items 10
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