Below you can download the Monthly Economic Review for the year 2024

Attachments:

 

 File  File Size
FEN - January 2024  388 KB
FEN - February 2024  514 KB
FEN - March 2024  223 KB
FEN - April 2024  310 KB
FEN - May 2024  395 KB
FEN - June 2024  375 KB
FEN - July 2024  363 KB
FEN - August 2024  375 KB
MER - September 2024  338 KB

Exchange Rates

Countries:  Date: 7-November-2024

  USD    119.77

  JPY     0.7748

  NZD    71.14

  GBP    154.35

  AUD     78.72

  EUR    128.54

 

 

 

Key Indicators

 

INFLATION

June 2024 (Year Ended)
June 2024 (Year Average)

 2.2 %
 6.6%

GDP- Real growth

 

Official:

  •  2022

Source: Vanuatu Bureau of Statistics (VBoS)

 

5.2%

Projected:

  •  2023
  •  2024

Source: Macro Economic Committee (MEC) Estimates

 

3.0%
2.1%

FOREIGN RESERVES

Months of Import:
September  2024


 6.8

LIQUIDITY (September 2024)

Excess Reserve

31,088.4 MVT

MONEY & CREDIT (August 2024)

Money Supply (M2)

Net foreign Assets

Domestic Credit

Private sector credit

 

Narrow Money (M1)

 

122,295.3 MVT

85,265.5 MVT

61,815.8 MVT

 67,935.4 MVT


93,175.2 MVT

INTEREST RATES (September 2024)

RBV Policy Rate

91 Day RBV Notes

Weighted Average Deposit Rate (Aug 24)

Weighted Average Lending Rate (Aug 24)

 2.75%

0.68%

0.29%

 

8.56%