Taxes less subsidies on products (current LCU), per unit of GDP in Vanuatu
Vanuatu: Taxes less subsidies on products (current LCU), per unit of GDP was 12.19 current LCU per US$ of GDP in 2024. ▼ Falling
Taxes less subsidies on products (current LCU), per unit of GDP in Vanuatu, 1998–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2024, taxes less subsidies on products (current lcu), per unit of gdp in Vanuatu stood at 12.19 current LCU per US$ of GDP.
That represents a change of down 4.3% on the previous year and up 27.2% over ten years.
Over the whole period, taxes less subsidies on products (current lcu), per unit of gdp in Vanuatu peaked at 18.33 current LCU per US$ of GDP in 2001 and was at its lowest, 9.34 current LCU per US$ of GDP, in 2016.
Vanuatu ranks 52nd of 197 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 27 years of available data.
Taxes less subsidies on products (current LCU), per unit of GDP in Vanuatu, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1998 | 13.76 current LCU per US$ of GDP | — |
| 1999 | 16.69 current LCU per US$ of GDP | +21.3% |
| 2000 | 16.91 current LCU per US$ of GDP | +1.4% |
| 2001 | 18.33 current LCU per US$ of GDP | +8.4% |
| 2002 | 16.23 current LCU per US$ of GDP | -11.4% |
| 2003 | 13.83 current LCU per US$ of GDP | -14.8% |
| 2004 | 12.81 current LCU per US$ of GDP | -7.4% |
| 2005 | 13.11 current LCU per US$ of GDP | +2.3% |
| 2006 | 13.07 current LCU per US$ of GDP | -0.3% |
| 2007 | 13.81 current LCU per US$ of GDP | +5.6% |
| 2008 | 14.21 current LCU per US$ of GDP | +2.9% |
| 2009 | 13.85 current LCU per US$ of GDP | -2.5% |
| 2010 | 10.39 current LCU per US$ of GDP | -25.0% |
| 2011 | 9.88 current LCU per US$ of GDP | -4.8% |
| 2012 | 10.21 current LCU per US$ of GDP | +3.3% |
| 2013 | 9.36 current LCU per US$ of GDP | -8.4% |
| 2014 | 9.58 current LCU per US$ of GDP | +2.4% |
| 2015 | 10.18 current LCU per US$ of GDP | +6.3% |
| 2016 | 9.34 current LCU per US$ of GDP | -8.3% |
| 2017 | 10.45 current LCU per US$ of GDP | +11.9% |
| 2018 | 11.51 current LCU per US$ of GDP | +10.1% |
| 2019 | 11.6 current LCU per US$ of GDP | +0.8% |
| 2020 | 11.01 current LCU per US$ of GDP | -5.1% |
| 2021 | 9.78 current LCU per US$ of GDP | -11.1% |
| 2022 | 11.3 current LCU per US$ of GDP | +15.5% |
| 2023 | 12.74 current LCU per US$ of GDP | +12.8% |
| 2024 | 12.19 current LCU per US$ of GDP | -4.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 15.22 current LCU per US$ of GDP | 13.76 current LCU per US$ of GDP | 16.69 current LCU per US$ of GDP | 2 |
| 2000s | 14.62 current LCU per US$ of GDP | 12.81 current LCU per US$ of GDP | 18.33 current LCU per US$ of GDP | 10 |
| 2010s | 10.25 current LCU per US$ of GDP | 9.34 current LCU per US$ of GDP | 11.6 current LCU per US$ of GDP | 10 |
| 2020s | 11.4 current LCU per US$ of GDP | 9.78 current LCU per US$ of GDP | 12.74 current LCU per US$ of GDP | 5 |
Countries ranked near Vanuatu
- 49 French Polynesia 14.18 current LCU per US$ of GDP compare
- 50 Iceland 12.93 current LCU per US$ of GDP compare
- 51 Kyrgyzstan 12.54 current LCU per US$ of GDP compare
- 53 Albania 11.85 current LCU per US$ of GDP compare
- 54 New Caledonia 10.98 current LCU per US$ of GDP compare
- 55 Djibouti 9.76 current LCU per US$ of GDP 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)
- Households and NPISHs Final consumption expenditure (current LCU) 1.92 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 89.57 current LCU per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 354,680 current LCU per person (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 5.42 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 1.45 constant 2015 US$ per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 5,724 constant 2015 US$ per person (2024)
- Final consumption expenditure (current US$), annual growth rate 6.54 % change on previous year (2024)
- Final consumption expenditure (current US$), per unit of GDP 0.966 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is taxes less subsidies on products (current lcu), per unit of gdp in Vanuatu?
- Taxes less subsidies on products (current lcu), per unit of gdp in Vanuatu was 12.19 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current lcu), per unit of gdp recorded in Vanuatu?
- The highest recorded value was 18.33 current LCU per US$ of GDP in 2001.
- What is the lowest taxes less subsidies on products (current lcu), per unit of gdp recorded in Vanuatu?
- The lowest recorded value was 9.34 current LCU per US$ of GDP in 2016.
- How does Vanuatu rank for taxes less subsidies on products (current lcu), per unit of gdp?
- Vanuatu ranks 52nd out of 197 countries with data for 2024.
- Is taxes less subsidies on products (current lcu), per unit of gdp rising or falling in Vanuatu?
- Over the last ten years it is up 27.2%. The long-run trend across the full record is falling.
- Where does this Vanuatu data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes less subsidies on products (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (current LCU) ÷ GDP (current US$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- GDP 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
Taxes less subsidies on products (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.