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Ripablik blong Vanuatu
République de Vanuatu

Republic of Vanuatu

Flag of Vanuatu Coat of Arms of Vanuatu
Motto
Long God yumi stanap
In God we stand
Anthem
Yumi, Yumi, Yumi
We, We, We
Map of Vanuatu
CapitalPort Vila
Government Republic and parliamentary
President
- From 2009Iolu Abil
Prime Minister
- From 2011Sato Kilman
Legislature Parliament
History
July 30, 1980Independence
Commonwealth accessionJuly 30, 1980
Area12,190 km²
Population
- 2011224,564
 Density18.4/km²
GDP2011 (PPP)
- TotalUS$ 1.2 billion
- Per capitaUS$ 5,500
CurrencyVanuatu vatu
Flag of the United Kingdom New Hebrides
Flag of France New Hebrides
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The Republic of Vanuatu is a parliamentary republic in Melanesia.


Background

Multiple waves of colonizers, each speaking a distinct language, migrated to the New Hebrides in the millennia preceding European exploration in the 18th century. This settlement pattern accounts for the complex linguistic diversity found on the archipelago to this day. The British and French, who settled the New Hebrides in the 19th century, agreed in 1906 to an Anglo-French Condominium, which administered the islands until independence in 1980, when the new name of Vanuatu was adopted.[1]

Economy

This South Pacific island economy is based primarily on small-scale agriculture, which provides a living for about two-thirds of the population. Fishing, offshore financial services, and tourism, with nearly 197,000 visitors in 2008, are other mainstays of the economy. Mineral deposits are negligible; the country has no known petroleum deposits. A small light industry sector caters to the local market. Tax revenues come mainly from import duties. Economic development is hindered by dependence on relatively few commodity exports, vulnerability to natural disasters, and long distances from main markets and between constituent islands. In response to foreign concerns, the government has promised to tighten regulation of its offshore financial center. In mid-2002, the government stepped up efforts to boost tourism through improved air connections, resort development, and cruise ship facilities. Agriculture, especially livestock farming, is a second target for growth. Australia and New Zealand are the main suppliers of tourists and foreign aid.[2]

President

  • Iolu Abil () (September 2, 2009 - )


Prime Minister

  • Sato Kilman () (June 26, 2011 - )

Nation

Vanuatuan Polities

Neighbouring Nations

References

  1. The CIA World Factbook: Introduction - Background
  2. The CIA World Factbook: Economy - Overview

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