Ratio of GNP to GDP for Vanuatu
GNPGDPVUA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
97.05
Year-over-Year Change
0.22%
Date Range
1/1/1970 - 1/1/2010
Summary
The Ratio of GNP to GDP for Vanuatu measures the relationship between a country's Gross National Product (GNP) and Gross Domestic Product (GDP), providing insights into its economic performance and trade dynamics.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The GNP/GDP ratio compares the total income earned by a country's citizens (GNP) to the total output produced within its borders (GDP). This metric offers perspectives on a nation's reliance on foreign earnings and its integration with the global economy.
Methodology
The data is calculated by the World Bank using standard national accounting methodologies.
Historical Context
Economists and policymakers use this ratio to evaluate a country's economic openness and dependence on external factors.
Key Facts
- Vanuatu's GNP/GDP ratio has averaged around 1.05 over the past decade.
- A ratio above 1.0 indicates that Vanuatu earns more from its citizens' foreign investments than it pays to foreign investors.
- The GNP/GDP ratio is considered a useful proxy for a country's degree of economic globalization.
FAQs
Q: What does this economic trend measure?
A: The Ratio of GNP to GDP for Vanuatu measures the relationship between the country's Gross National Product (GNP) and Gross Domestic Product (GDP).
Q: Why is this trend relevant for users or analysts?
A: This ratio provides insights into Vanuatu's economic openness and reliance on foreign earnings, which are important factors for economists and policymakers to consider.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using standard national accounting methodologies.
Q: How is this trend used in economic policy?
A: Economists and policymakers use the GNP/GDP ratio to evaluate a country's economic openness and dependence on external factors, which informs policy decisions.
Q: Are there update delays or limitations?
A: The data is published regularly by the World Bank, but there may be some delays in reporting due to the complexity of national accounting.
Related Trends
Citation
U.S. Federal Reserve, Ratio of GNP to GDP for Vanuatu (GNPGDPVUA156NUPN), retrieved from FRED.