Short-term debt in Vanuatu
Vanuatu: Short-term debt was 8.8% in 2022. ◆ Volatile
Short-term debt in Vanuatu, 1983–2022
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
In 2022, short-term debt in Vanuatu stood at 8.8%.
That represents a change of down 36.3% on the previous year and down 33.5% over ten years.
Over the whole period, short-term debt in Vanuatu peaked at 45.5% in 2002 and was at its lowest, 0.7%, in 1999.
That places Vanuatu 76th out of 119 countries with data for 2022, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Short-term debt in Vanuatu, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 1983 | 11.2% | — |
| 1984 | 9.6% | -14.7% |
| 1985 | 10.8% | +12.8% |
| 1986 | 12.5% | +15.7% |
| 1987 | 12.3% | -1.0% |
| 1988 | 14.6% | +18.3% |
| 1989 | 12.3% | -16.0% |
| 1990 | 9.1% | -26.0% |
| 1991 | 1.2% | -87.1% |
| 1992 | 0.8% | -32.7% |
| 1993 | 3.0% | +276.0% |
| 1994 | 4.4% | +49.1% |
| 1995 | 4.1% | -8.0% |
| 1996 | 3.6% | -11.4% |
| 1997 | 6.5% | +80.3% |
| 1998 | 5.3% | -17.9% |
| 1999 | 0.7% | -86.8% |
| 2000 | 10.2% | +1350.7% |
| 2001 | 20.5% | +99.8% |
| 2002 | 45.5% | +122.3% |
| 2003 | 34.0% | -25.2% |
| 2004 | 24.1% | -29.3% |
| 2005 | 2.5% | -89.4% |
| 2006 | 6.6% | +157.3% |
| 2007 | 9.4% | +44.0% |
| 2008 | 10.9% | +15.3% |
| 2009 | 8.8% | -19.4% |
| 2010 | 13.8% | +57.2% |
| 2011 | 12.0% | -13.2% |
| 2012 | 13.2% | +10.4% |
| 2013 | 5.6% | -57.8% |
| 2014 | 18.7% | +235.0% |
| 2015 | 11.1% | -40.7% |
| 2016 | 9.2% | -16.8% |
| 2017 | 14.0% | +51.7% |
| 2018 | 8.6% | -38.4% |
| 2019 | 8.5% | -1.2% |
| 2020 | 14.4% | +69.5% |
| 2021 | 13.8% | -4.5% |
| 2022 | 8.8% | -36.3% |
Vanuatu compared with similar countries
- Vanuatu's 8.8% is below the median for lower middle income countries, which is 13.3%, 66% of the median. (43 countries reporting)
- Vanuatu's 8.8% is below the median for East Asia & Pacific, which is 11.5%, 76% of the median. (16 countries reporting)
Biggest year-on-year movements
Years where Short-term debt in Vanuatu changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2000 | +1350.7% | 0.7% | 10.2% |
| 1993 | +276.0% | 0.8% | 3.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 11.9% | 9.6% | 14.6% | 7 |
| 1990s | 3.9% | 0.7% | 9.1% | 10 |
| 2000s | 17.2% | 2.5% | 45.5% | 10 |
| 2010s | 11.5% | 5.6% | 18.7% | 10 |
| 2020s | 12.3% | 8.8% | 14.4% | 3 |
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)
- 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 short-term debt in Vanuatu?
- Short-term debt in Vanuatu was 8.8% in 2022, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Vanuatu?
- The highest recorded value was 45.5% in 2002.
- What is the lowest short-term debt recorded in Vanuatu?
- The lowest recorded value was 0.7% in 1999.
- How does Vanuatu rank for short-term debt?
- Vanuatu ranks 76th out of 119 countries with data for 2022.
- Is short-term debt rising or falling in Vanuatu?
- Over the last ten years it is down 33.5%. The long-run trend across the full record is volatile.
- Where does this Vanuatu data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Short-term debt (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
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About this data
Short-term external debt is defined as debt that has an original maturity of one year or less. Available data permit no distinction between public and private nonguaranteed short-term debt. Exports of goods, services and primary income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts.