Central government debt, total in Vanuatu
Vanuatu: Central government debt, total was 67.9% in 2023. ◆ Volatile
Central government debt, total in Vanuatu, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for central government debt, total in Vanuatu is 67.9%, measured in 2023.
The figure is down 7.0% on the previous year.
Over the whole period, central government debt, total in Vanuatu peaked at 75.7% in 2021 and was at its lowest, 22.3%, in 1996.
Vanuatu ranks 25th of 83 countries on this measure, in the middle of the range.
Central government debt, total in Vanuatu, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 23.4% | — |
| 1995 | 24.2% | +3.3% |
| 1996 | 22.3% | -7.6% |
| 1997 | 23.4% | +4.5% |
| 1998 | 28.4% | +21.6% |
| 1999 | 27.3% | -3.9% |
| 2021 | 75.7% | +177.1% |
| 2022 | 73.1% | -3.4% |
| 2023 | 67.9% | -7.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 24.8% | 22.3% | 28.4% | 6 |
| 2020s | 72.2% | 67.9% | 75.7% | 3 |
Countries ranked near Vanuatu
More economy & growth data for Vanuatu
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.2699 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.49 Percent per annum (2029)
- Gross capital formation (current US$), annual growth rate 27.93 % change on previous year (2024)
- Gross capital formation (current US$), per unit of GDP 0.2609 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), per capita 1,033 current US$ per person (2024)
- Gross capital formation (current LCU), annual growth rate 27.99 % change on previous year (2024)
- Gross capital formation (current LCU), per unit of GDP 31.08 current LCU per US$ of GDP (2024)
- Gross capital formation (current LCU), per capita 123,093 current LCU per person (2024)
- Gross capital formation (constant 2015 US$), annual growth rate 13.21 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2583 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is central government debt, total in Vanuatu?
- Central government debt, total in Vanuatu was 67.9% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest central government debt, total recorded in Vanuatu?
- The highest recorded value was 75.7% in 2021.
- What is the lowest central government debt, total recorded in Vanuatu?
- The lowest recorded value was 22.3% in 1996.
- How does Vanuatu rank for central government debt, total?
- Vanuatu ranks 25th out of 83 countries with data for 2023.
- Where does this Vanuatu data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Central government debt, total (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year. Central government is the part of general government that includes all administrative departments of the national executive, legislative, and judicial functions, other central agencies and those non-market producers controlled by the central government, whose competence extends normally over the whole economic territory. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.