Revenue, excluding grants in Vanuatu
Vanuatu: Revenue, excluding grants was 24.2% in 2023. ▲ Rising
Revenue, excluding grants 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 revenue, excluding grants in Vanuatu is 24.2%, measured in 2023.
Compared with earlier readings it is up 12.3% on the previous year and up 35.2% over ten years.
Over the whole period, revenue, excluding grants in Vanuatu peaked at 27.6% in 2019 and was at its lowest, 17.9%, in 2013.
Vanuatu ranks 88th 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.
Revenue, excluding grants in Vanuatu, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 24.5% | — |
| 1995 | 22.0% | -10.1% |
| 1996 | 21.8% | -1.3% |
| 1997 | 19.6% | -9.8% |
| 1998 | 20.0% | +1.7% |
| 1999 | 19.4% | -2.6% |
| 2009 | 19.4% | -0.0% |
| 2010 | 18.7% | -3.5% |
| 2011 | 19.1% | +1.6% |
| 2012 | 19.6% | +3.1% |
| 2013 | 17.9% | -9.1% |
| 2014 | 17.9% | +0.4% |
| 2015 | 17.9% | -0.3% |
| 2016 | 19.9% | +11.3% |
| 2017 | 21.3% | +6.9% |
| 2018 | 26.8% | +25.7% |
| 2019 | 27.6% | +3.0% |
| 2020 | 26.7% | -3.0% |
| 2021 | 26.5% | -0.8% |
| 2022 | 21.5% | -18.9% |
| 2023 | 24.2% | +12.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 21.2% | 19.4% | 24.5% | 6 |
| 2000s | 19.4% | 19.4% | 19.4% | 1 |
| 2010s | 20.7% | 17.9% | 27.6% | 10 |
| 2020s | 24.7% | 21.5% | 26.7% | 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)
- 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 revenue, excluding grants in Vanuatu?
- Revenue, excluding grants in Vanuatu was 24.2% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest revenue, excluding grants recorded in Vanuatu?
- The highest recorded value was 27.6% in 2019.
- What is the lowest revenue, excluding grants recorded in Vanuatu?
- The lowest recorded value was 17.9% in 2013.
- How does Vanuatu rank for revenue, excluding grants?
- Vanuatu ranks 88th out of 157 countries with data for 2023.
- Is revenue, excluding grants rising or falling in Vanuatu?
- Over the last ten years it is up 35.2%. 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 Revenue, excluding grants (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Revenue is an increase in net worth resulting from a transaction. Grants are excluded from this figure. 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.