Expense in Vanuatu
Vanuatu: Expense was 26.6% in 2023. ▲ Rising
Expense 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 expense in Vanuatu is 26.6%, measured in 2023.
The figure is down 5.5% on the previous year and up 38.4% over ten years.
Over the whole period, expense in Vanuatu peaked at 30.4% in 2020 and was at its lowest, 18.8%, in 1999.
Vanuatu ranks 75th of 157 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 21 years of available data.
Expense in Vanuatu, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 19.7% | — |
| 1995 | 20.7% | +5.0% |
| 1996 | 22.2% | +7.3% |
| 1997 | 20.3% | -8.4% |
| 1998 | 19.1% | -5.8% |
| 1999 | 18.8% | -1.7% |
| 2009 | 21.0% | +11.5% |
| 2010 | 23.2% | +10.8% |
| 2011 | 22.7% | -2.5% |
| 2012 | 22.7% | +0.4% |
| 2013 | 19.2% | -15.5% |
| 2014 | 20.2% | +5.2% |
| 2015 | 20.5% | +1.5% |
| 2016 | 22.0% | +6.9% |
| 2017 | 23.7% | +8.1% |
| 2018 | 22.7% | -4.5% |
| 2019 | 24.6% | +8.4% |
| 2020 | 30.4% | +23.9% |
| 2021 | 29.8% | -2.2% |
| 2022 | 28.2% | -5.3% |
| 2023 | 26.6% | -5.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 20.1% | 18.8% | 22.2% | 6 |
| 2000s | 21.0% | 21.0% | 21.0% | 1 |
| 2010s | 22.2% | 19.2% | 24.6% | 10 |
| 2020s | 28.7% | 26.6% | 30.4% | 4 |
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)
- Net primary income (Net income from abroad) (current LCU), annual 46.46 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate 4.49 % change on previous year (2024)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1023 current US$ per US$ of GDP (2024)
- Taxes less subsidies on products (current US$), per capita 405.05 current US$ per person (2024)
- Taxes less subsidies on products (current LCU), annual growth rate 4.54 % change on previous year (2024)
- Taxes less subsidies on products (current LCU), per unit of GDP 12.19 current LCU per US$ of GDP (2024)
- Taxes less subsidies on products (current LCU), per capita 48,268 current LCU per person (2024)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0062 (2024)
Frequently asked questions
- What is expense in Vanuatu?
- Expense in Vanuatu was 26.6% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Vanuatu?
- The highest recorded value was 30.4% in 2020.
- What is the lowest expense recorded in Vanuatu?
- The lowest recorded value was 18.8% in 1999.
- How does Vanuatu rank for expense?
- Vanuatu ranks 75th out of 157 countries with data for 2023.
- Is expense rising or falling in Vanuatu?
- Over the last ten years it is up 38.4%. The long-run trend across the full record is rising.
- 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 Expense (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Expense is a decrease in net worth resulting from a transaction. 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.