Taxes less subsidies on products in Vanuatu
Vanuatu: Taxes less subsidies on products was 132.76 million current US$ in 2024. ▲ Rising
Taxes less subsidies on products in Vanuatu, 1998–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for taxes less subsidies on products in Vanuatu is 132.76 million current US$, measured in 2024. That is the highest value across all 27 years on record.
That represents a change of up 4.5% on the previous year and up 53.0% over ten years.
Over the whole period, taxes less subsidies on products in Vanuatu peaked at 132.76 million current US$ in 2024 and was at its lowest, 28.30 million current US$, in 1998.
That places Vanuatu 173rd out of 198 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 27 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 31.47 million current US$ | 28.30 million current US$ | 34.65 million current US$ | 2 |
| 2000s | 50.26 million current US$ | 30.63 million current US$ | 82.83 million current US$ | 10 |
| 2010s | 88.19 million current US$ | 71.88 million current US$ | 108.08 million current US$ | 10 |
| 2020s | 113.49 million current US$ | 97.08 million current US$ | 132.76 million current US$ | 5 |
Countries ranked near Vanuatu
- 170 San Marino 148.47 million current US$ compare
- 171 Liberia 148.31 million current US$ compare
- 172 Greenland 133.33 million current US$ compare
- 174 Dominica 119.90 million current US$ compare
- 175 Equatorial Guinea 118.14 million current US$ compare
- 176 Guinea-Bissau 115.18 million current US$ compare
More economy & growth data for Vanuatu
- External balance on goods and services as a percent of GDP -22.7% (2024)
- Inflation of consumer prices 0.7% (2025)
- GDP per capita 3,249 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 4.0% (2024)
- Gross domestic product (GDP) 1.09 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 3,249 constant 2015 US$ (2025)
- DEC alternative conversion factor 120.33 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 21.20 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 176.23 million current US$ (2025)
- Taxes less subsidies on products 15.82 billion current LCU (2024)
Frequently asked questions
- What is taxes less subsidies on products in Vanuatu?
- Taxes less subsidies on products in Vanuatu was 132.76 million current US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest taxes less subsidies on products recorded in Vanuatu?
- The highest recorded value was 132.76 million current US$ in 2024.
- What is the lowest taxes less subsidies on products recorded in Vanuatu?
- The lowest recorded value was 28.30 million current US$ in 1998.
- How does Vanuatu rank for taxes less subsidies on products?
- Vanuatu ranks 173rd out of 198 countries with data for 2024.
- Is taxes less subsidies on products rising or falling in Vanuatu?
- Over the last ten years it is up 53.0%. The long-run trend across the full record is rising.
- Where does this Vanuatu data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Taxes less subsidies on products (current US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 27 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.