External debt stocks in Vanuatu
Vanuatu: External debt stocks was 39.2% in 2024. ▲ Rising
External debt stocks in Vanuatu, 1981–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
Vanuatu recorded 39.2% for external debt stocks in 2024.
The figure is up 6.6% on the previous year and up 51.4% over ten years.
Over the whole period, external debt stocks in Vanuatu peaked at 64.0% in 2002 and was at its lowest, 3.1%, in 1981.
That places Vanuatu 71st out of 121 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 44 years of available data.
External debt stocks in Vanuatu, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1981 | 3.1% | — |
| 1982 | 4.4% | +41.1% |
| 1983 | 10.6% | +142.8% |
| 1984 | 10.3% | -2.6% |
| 1985 | 13.3% | +29.0% |
| 1986 | 15.4% | +15.7% |
| 1987 | 19.9% | +29.2% |
| 1988 | 19.0% | -4.5% |
| 1989 | 20.4% | +7.5% |
| 1990 | 22.8% | +11.6% |
| 1991 | 19.7% | -13.7% |
| 1992 | 20.2% | +2.7% |
| 1993 | 23.4% | +15.6% |
| 1994 | 23.2% | -0.6% |
| 1995 | 23.0% | -0.9% |
| 1996 | 20.8% | -9.4% |
| 1997 | 20.1% | -3.6% |
| 1998 | 25.3% | +25.7% |
| 1999 | 33.5% | +32.5% |
| 2000 | 43.3% | +29.5% |
| 2001 | 48.3% | +11.5% |
| 2002 | 64.0% | +32.4% |
| 2003 | 53.7% | -16.0% |
| 2004 | 44.5% | -17.2% |
| 2005 | 27.2% | -38.8% |
| 2006 | 26.4% | -3.0% |
| 2007 | 26.0% | -1.4% |
| 2008 | 25.3% | -2.8% |
| 2009 | 26.9% | +6.2% |
| 2010 | 27.4% | +1.8% |
| 2011 | 23.8% | -13.2% |
| 2012 | 25.9% | +8.8% |
| 2013 | 20.9% | -19.1% |
| 2014 | 25.9% | +23.7% |
| 2015 | 33.2% | +28.5% |
| 2016 | 35.7% | +7.4% |
| 2017 | 45.5% | +27.4% |
| 2018 | 42.7% | -6.1% |
| 2019 | 39.7% | -7.1% |
| 2020 | 43.4% | +9.4% |
| 2021 | 42.6% | -1.9% |
| 2022 | 39.0% | -8.4% |
| 2023 | 36.7% | -5.8% |
| 2024 | 39.2% | +6.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 12.9% | 3.1% | 20.4% | 9 |
| 1990s | 23.2% | 19.7% | 33.5% | 10 |
| 2000s | 38.6% | 25.3% | 64.0% | 10 |
| 2010s | 32.1% | 20.9% | 45.5% | 10 |
| 2020s | 40.2% | 36.7% | 43.4% | 5 |
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)
- Services, value added (current US$), annual growth rate 6.95 % change on previous year (2024)
- Services, value added (current US$), per unit of GDP 0.5676 current US$ per US$ of GDP (2024)
- Services, value added (current US$), per capita 2,248 current US$ per person (2024)
- Services, value added (current LCU), annual growth rate 6.99 % change on previous year (2024)
- Services, value added (current LCU), per unit of GDP 67.64 current LCU per US$ of GDP (2024)
- Services, value added (current LCU), per capita 267,862 current LCU per person (2024)
- Services, value added (constant 2015 US$), annual growth rate 2.59 % change on previous year (2024)
- Services, value added (constant 2015 US$), per unit of GDP 0.4645 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is external debt stocks in Vanuatu?
- External debt stocks in Vanuatu was 39.2% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest external debt stocks recorded in Vanuatu?
- The highest recorded value was 64.0% in 2002.
- What is the lowest external debt stocks recorded in Vanuatu?
- The lowest recorded value was 3.1% in 1981.
- How does Vanuatu rank for external debt stocks?
- Vanuatu ranks 71st out of 121 countries with data for 2024.
- Is external debt stocks rising or falling in Vanuatu?
- Over the last ten years it is up 51.4%. The long-run trend across the full record is rising.
- Where does this Vanuatu data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of External debt stocks (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Total external debt stocks to gross national income. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.