Debt service as a share of exports of good and services in Vanuatu
Vanuatu: Debt service as a share of exports of good and services was 4.8% in 2023. ◆ Volatile
Debt service as a share of exports of good and services in Vanuatu, 2000–2023
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for debt service as a share of exports of good and services in Vanuatu is 4.8%, measured in 2023.
Compared with earlier readings it is down 18.9% on the previous year and up 220.0% over ten years.
Over the whole period, debt service as a share of exports of good and services in Vanuatu peaked at 6.5% in 2019 and was at its lowest, 1.2%, in 2001.
That places Vanuatu 86th out of 116 countries with data for 2023, putting it 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 share of exports of good and services in Vanuatu, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 1.4% | — |
| 2001 | 1.2% | -12.1% |
| 2002 | 1.4% | +17.9% |
| 2003 | 1.3% | -8.3% |
| 2004 | 1.6% | +18.0% |
| 2005 | 1.2% | -21.0% |
| 2006 | 1.9% | +53.2% |
| 2007 | 1.5% | -20.0% |
| 2008 | 1.2% | -18.4% |
| 2009 | 1.5% | +21.0% |
| 2010 | 1.4% | -4.0% |
| 2011 | 1.2% | -13.2% |
| 2012 | 1.2% | -1.6% |
| 2013 | 1.5% | +22.0% |
| 2014 | 1.6% | +8.0% |
| 2015 | 1.8% | +11.7% |
| 2016 | 2.0% | +10.5% |
| 2017 | 1.8% | -8.0% |
| 2018 | 3.7% | +102.2% |
| 2019 | 6.5% | +73.9% |
| 2020 | 6.2% | -4.2% |
| 2021 | 5.9% | -4.7% |
| 2022 | 5.9% | +0.2% |
| 2023 | 4.8% | -18.9% |
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
- 83 Tajikistan 5.1% compare
- 84 Sao Tome and Principe 5.0% compare
- 85 Serbia 4.8% compare
- 87 Fiji 4.7% compare
- 88 Georgia 4.5% compare
- 89 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 share of exports of good and services in Vanuatu?
- Debt service as a share of exports of good and services in Vanuatu was 4.8% in 2023, according to World Bank – processed by Our World in Data.
- What is the highest debt service as a share of exports of good and services recorded in Vanuatu?
- The highest recorded value was 6.5% in 2019.
- What is the lowest debt service as a share of exports of good and services recorded in Vanuatu?
- The lowest recorded value was 1.2% in 2001.
- How does Vanuatu rank for debt service as a share of exports of good and services?
- Vanuatu ranks 86th out of 116 countries with data for 2023.
- Is debt service as a share of exports of good and services rising or falling in Vanuatu?
- Over the last ten years it is up 220.0%. The long-run trend across the full record is volatile.
- Where does this Vanuatu data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Debt service as a share of exports of good and services. Statizoid updates them automatically from the source API.
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About this data
Debt service as a proportion of exports of goods, services and primary income (%).