VANUATA
Country risk rating
C3
SENSITIVE RISK for enterprise
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Economic risk
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Business environment risk
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Political risk
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Commercial risk
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Financing risk
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Economic risk
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Business environment risk
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Political risk
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Commercial risk
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Financing risk
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| GDP | USD0.855bn (World ranking 194, World Bank 2020) |
| Population | 0.307mn (World ranking 176, World Bank 2020) |
| Form of state | Parliamentary Republic |
| Head of government | Bob Loughman (Prime Minister) |
| Next elections | 2025, legislative |
- Low overall tax burden for businesses
- Moderate inflation since 2010
- Political instability, with weak coalition governments and with frequent no-confidence votes
- Vulnerability to natural disasters (volcanism, cyclones, tsunamis)
- Small economy dependent on agriculture and tourism
- Dependence on foreign aid, notably for infrastructure investment
- Weak business environment
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