Debt service as a proportion of exports of goods, services and in Vanuatu
Vanuatu: Debt service as a proportion of exports of goods, services and was 4.8% in 2023. ◆ Volatile
Latest (2023)
4.8%
Change on year
down 19.0%
World rank
91st
of 125 countries
All-time high
6.5%
in 2019
All-time low
1.2%
in 2012
Years of data
24
2000–2023
Debt service as a proportion of exports of goods, services and in Vanuatu, 2000–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Vanuatu recorded 4.8% for debt service as a proportion of exports of goods, services and in 2023.
Compared with earlier readings it is down 19.0% on the previous year and up 220.7% over ten years.
Over the whole period, debt service as a proportion of exports of goods, services and in Vanuatu peaked at 6.5% in 2019 and was at its lowest, 1.2%, in 2012.
Vanuatu ranks 91st of 125 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service as a proportion of exports of goods, services and in Vanuatu, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 1.4% | — |
| 2001 | 1.2% | -12.1% |
| 2002 | 1.5% | +17.8% |
| 2003 | 1.3% | -8.5% |
| 2004 | 1.6% | +18.5% |
| 2005 | 1.2% | -21.2% |
| 2006 | 1.9% | +53.4% |
| 2007 | 1.5% | -20.4% |
| 2008 | 1.2% | -18.4% |
| 2009 | 1.5% | +21.4% |
| 2010 | 1.4% | -3.8% |
| 2011 | 1.3% | -13.3% |
| 2012 | 1.2% | -1.8% |
| 2013 | 1.5% | +21.7% |
| 2014 | 1.6% | +8.1% |
| 2015 | 1.8% | +11.8% |
| 2016 | 2.0% | +10.5% |
| 2017 | 1.8% | -8.1% |
| 2018 | 3.7% | +102.4% |
| 2019 | 6.5% | +74.1% |
| 2020 | 6.2% | -4.1% |
| 2021 | 5.9% | -4.7% |
| 2022 | 5.9% | +0.1% |
| 2023 | 4.8% | -19.0% |
Vanuatu compared with similar countries
- Vanuatu's 4.8% is below the median for lower middle income countries, which is 7.0%, 69% of the median. (41 countries reporting)
- Vanuatu's 4.8% is above the median for East Asia & Pacific, which is 4.7%, 1.0× the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.4% | 1.2% | 1.9% | 10 |
| 2010s | 2.3% | 1.2% | 6.5% | 10 |
| 2020s | 5.7% | 4.8% | 6.2% | 4 |
Countries ranked near Vanuatu
- 88 Tajikistan 5.1% compare
- 89 Sao Tome and Principe 5.0% compare
- 90 Serbia 4.9% compare
- 92 Fiji 4.7% compare
- 93 Georgia 4.5% compare
- 94 Saint Lucia 4.3% compare
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 2.79 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0021 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 8.5 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 28.86 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 211.4 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0222 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 88.05 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -4.52 % change on previous year (2024)
Frequently asked questions
- What is debt service as a proportion of exports of goods, services and in Vanuatu?
- Debt service as a proportion of exports of goods, services and in Vanuatu was 4.8% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest debt service as a proportion of exports of goods, services and recorded in Vanuatu?
- The highest recorded value was 6.5% in 2019.
- What is the lowest debt service as a proportion of exports of goods, services and recorded in Vanuatu?
- The lowest recorded value was 1.2% in 2012.
- How does Vanuatu rank for debt service as a proportion of exports of goods, services and?
- Vanuatu ranks 91st out of 125 countries with data for 2023.
- Is debt service as a proportion of exports of goods, services and rising or falling in Vanuatu?
- Over the last ten years it is up 220.7%. The long-run trend across the full record is volatile.
- Where does this Vanuatu data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Debt service as a proportion of exports of goods, services and primary income (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under UN SDG Global Database (open, attribution requested).