Taxes less subsidies on products (current LCU), annual growth rate in Vanuatu
Vanuatu: Taxes less subsidies on products (current LCU), annual growth rate was 4.54 % change on previous year in 2024. ◆ Volatile
Taxes less subsidies on products (current LCU), annual growth rate in Vanuatu, 1999–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, taxes less subsidies on products (current lcu), annual growth rate in Vanuatu stood at 4.54 % change on previous year.
That represents a change of down 72.2% on the previous year and up 5.4% over ten years.
Over the whole period, taxes less subsidies on products (current lcu), annual growth rate in Vanuatu peaked at 24.17 % change on previous year in 2007 and was at its lowest, -15.13 % change on previous year, in 2010.
That places Vanuatu 137th out of 197 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (current LCU), annual growth rate in Vanuatu, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1999 | 23.91 % change on previous year | — |
| 2000 | 2.88 % change on previous year | -87.9% |
| 2001 | 2.74 % change on previous year | -5.1% |
| 2002 | -9.82 % change on previous year | -458.4% |
| 2003 | 2.02 % change on previous year | -120.6% |
| 2004 | 7.5 % change on previous year | +271.6% |
| 2005 | 10.72 % change on previous year | +43.0% |
| 2006 | 10.94 % change on previous year | +2.0% |
| 2007 | 24.17 % change on previous year | +121.1% |
| 2008 | 17.73 % change on previous year | -26.7% |
| 2009 | -2.22 % change on previous year | -112.5% |
| 2010 | -15.13 % change on previous year | +582.9% |
| 2011 | 9.26 % change on previous year | -161.2% |
| 2012 | 0.3416 % change on previous year | -96.3% |
| 2013 | 5.76 % change on previous year | +1586.5% |
| 2014 | 4.31 % change on previous year | -25.2% |
| 2015 | 3.39 % change on previous year | -21.2% |
| 2016 | -2.61 % change on previous year | -176.8% |
| 2017 | 23.01 % change on previous year | -982.9% |
| 2018 | 14.1 % change on previous year | -38.7% |
| 2019 | 3.4 % change on previous year | -75.9% |
| 2020 | -9.02 % change on previous year | -365.3% |
| 2021 | -4.47 % change on previous year | -50.4% |
| 2022 | 21.61 % change on previous year | -583.1% |
| 2023 | 16.31 % change on previous year | -24.5% |
| 2024 | 4.54 % change on previous year | -72.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 23.91 % change on previous year | 23.91 % change on previous year | 23.91 % change on previous year | 1 |
| 2000s | 6.67 % change on previous year | -9.82 % change on previous year | 24.17 % change on previous year | 10 |
| 2010s | 4.58 % change on previous year | -15.13 % change on previous year | 23.01 % change on previous year | 10 |
| 2020s | 5.79 % change on previous year | -9.02 % change on previous year | 21.61 % change on previous year | 5 |
Countries ranked near Vanuatu
- 134 Dominican Republic 4.73 % change on previous year compare
- 135 Saint Lucia 4.71 % change on previous year compare
- 136 Algeria 4.63 % change on previous year compare
- 138 Serbia 4.45 % change on previous year compare
- 139 Bermuda 4.4 % change on previous year compare
- 140 Andorra 4.37 % change on previous year 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)
- 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 taxes less subsidies on products (current lcu), annual growth rate in Vanuatu?
- Taxes less subsidies on products (current lcu), annual growth rate in Vanuatu was 4.54 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current lcu), annual growth rate recorded in Vanuatu?
- The highest recorded value was 24.17 % change on previous year in 2007.
- What is the lowest taxes less subsidies on products (current lcu), annual growth rate recorded in Vanuatu?
- The lowest recorded value was -15.13 % change on previous year in 2010.
- How does Vanuatu rank for taxes less subsidies on products (current lcu), annual growth rate?
- Vanuatu ranks 137th out of 197 countries with data for 2024.
- Is taxes less subsidies on products (current lcu), annual growth rate rising or falling in Vanuatu?
- Over the last ten years it is up 5.4%. The long-run trend across the full record is volatile.
- Where does this Vanuatu data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Taxes less subsidies on products (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Taxes less subsidies on products (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.