Economy of Vanuatu
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Vanuatu's economy is primarily agricultural; 80% of the population is engaged in agricultural activities that range from subsistence farming to smallholder farming of coconuts and other cash crops.[3]
Quick Facts Currency, Country group ...
Currency | Vanuatu vatu |
---|---|
Country group | Developing/Emerging |
Statistics | |
GDP | |
GDP growth |
|
GDP per capita | |
2.863% (2018 est.)[2] | |
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Copra is by far the most important cash crop (making up more than 35% of Vanuatu's exports), followed by timber, beef, and cocoa. Kava root extract exports also have become important.