Taxes less subsidies on products (current US$), per unit of GDP (unit) in Vanuatu
Vanuatu: Taxes less subsidies on products (current US$), per unit of GDP (unit) was 0.1023 current US$ per US$ of GDP in 2024. ▼ Falling
Taxes less subsidies on products (current US$), per unit of GDP in Vanuatu, 1998–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
Vanuatu recorded 0.1023 current US$ per US$ of GDP for taxes less subsidies on products (current us$), per unit of gdp in 2024.
That represents a change of down 4.3% on the previous year and up 3.6% over ten years.
Over the whole period, taxes less subsidies on products (current us$), per unit of gdp in Vanuatu peaked at 0.1402 current US$ per US$ of GDP in 2008 and was at its lowest, 0.0861 current US$ per US$ of GDP, in 2016.
Vanuatu ranks 75th 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 US$), per unit of GDP (unit) in Vanuatu, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1998 | 0.1079 current US$ per US$ of GDP | — |
| 1999 | 0.1293 current US$ per US$ of GDP | +19.8% |
| 2000 | 0.1229 current US$ per US$ of GDP | -4.9% |
| 2001 | 0.1261 current US$ per US$ of GDP | +2.6% |
| 2002 | 0.1166 current US$ per US$ of GDP | -7.5% |
| 2003 | 0.1132 current US$ per US$ of GDP | -3.0% |
| 2004 | 0.1146 current US$ per US$ of GDP | +1.2% |
| 2005 | 0.12 current US$ per US$ of GDP | +4.7% |
| 2006 | 0.1181 current US$ per US$ of GDP | -1.5% |
| 2007 | 0.1348 current US$ per US$ of GDP | +14.1% |
| 2008 | 0.1402 current US$ per US$ of GDP | +4.0% |
| 2009 | 0.1298 current US$ per US$ of GDP | -7.5% |
| 2010 | 0.1072 current US$ per US$ of GDP | -17.4% |
| 2011 | 0.1105 current US$ per US$ of GDP | +3.1% |
| 2012 | 0.1102 current US$ per US$ of GDP | -0.2% |
| 2013 | 0.099 current US$ per US$ of GDP | -10.2% |
| 2014 | 0.0987 current US$ per US$ of GDP | -0.2% |
| 2015 | 0.0934 current US$ per US$ of GDP | -5.3% |
| 2016 | 0.0861 current US$ per US$ of GDP | -7.9% |
| 2017 | 0.0969 current US$ per US$ of GDP | +12.6% |
| 2018 | 0.1045 current US$ per US$ of GDP | +7.8% |
| 2019 | 0.1011 current US$ per US$ of GDP | -3.3% |
| 2020 | 0.0954 current US$ per US$ of GDP | -5.6% |
| 2021 | 0.0894 current US$ per US$ of GDP | -6.3% |
| 2022 | 0.0979 current US$ per US$ of GDP | +9.6% |
| 2023 | 0.1069 current US$ per US$ of GDP | +9.2% |
| 2024 | 0.1023 current US$ per US$ of GDP | -4.3% |
Vanuatu compared with similar countries
- Vanuatu's 0.1023 current US$ per US$ of GDP is above the median for lower middle income countries, which is 0.069 current US$ per US$ of GDP, 1.5× the median. (46 countries reporting)
- Vanuatu's 0.1023 current US$ per US$ of GDP is above the median for East Asia & Pacific, which is 0.0669 current US$ per US$ of GDP, 1.5× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.1186 current US$ per US$ of GDP | 0.1079 current US$ per US$ of GDP | 0.1293 current US$ per US$ of GDP | 2 |
| 2000s | 0.1236 current US$ per US$ of GDP | 0.1132 current US$ per US$ of GDP | 0.1402 current US$ per US$ of GDP | 10 |
| 2010s | 0.1008 current US$ per US$ of GDP | 0.0861 current US$ per US$ of GDP | 0.1105 current US$ per US$ of GDP | 10 |
| 2020s | 0.0984 current US$ per US$ of GDP | 0.0894 current US$ per US$ of GDP | 0.1069 current US$ per US$ of GDP | 5 |
Countries ranked near Vanuatu
- 72 Mozambique 0.1032 current US$ per US$ of GDP compare
- 73 Jordan 0.103 current US$ per US$ of GDP compare
- 74 New Caledonia 0.103 current US$ per US$ of GDP compare
- 76 Netherlands 0.1023 current US$ per US$ of GDP compare
- 77 Iceland 0.1006 current US$ per US$ of GDP compare
- 78 South Africa 0.1002 current US$ per US$ of GDP compare
More economy & growth data for Vanuatu
- Real gdp growth, annual growth rate -35.4 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate -3.47 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0163 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 65.88 units per person (2025)
- SDRs holdings, SDR, annual growth rate -8.08 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0119 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 48.11 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is taxes less subsidies on products (current us$), per unit of gdp in Vanuatu?
- Taxes less subsidies on products (current us$), per unit of gdp in Vanuatu was 0.1023 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current us$), per unit of gdp recorded in Vanuatu?
- The highest recorded value was 0.1402 current US$ per US$ of GDP in 2008.
- What is the lowest taxes less subsidies on products (current us$), per unit of gdp recorded in Vanuatu?
- The lowest recorded value was 0.0861 current US$ per US$ of GDP in 2016.
- How does Vanuatu rank for taxes less subsidies on products (current us$), per unit of gdp?
- Vanuatu ranks 75th out of 197 countries with data for 2024.
- Is taxes less subsidies on products (current us$), per unit of gdp rising or falling in Vanuatu?
- Over the last ten years it is up 3.6%. 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 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes less subsidies on products (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (current US$) ÷ GDP (current US$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes less subsidies on products (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.