Taxes less subsidies on products (current US$) in Vanuatu
Vanuatu: Taxes less subsidies on products (current US$) 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$, in 1998.
That places Vanuatu 174th out of 199 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 27 years of available data.
Taxes less subsidies on products (current US$) in Vanuatu, year by year
| Year | current US$ | Change |
|---|---|---|
| 1998 | 28.30 million current US$ | — |
| 1999 | 34.65 million current US$ | +22.4% |
| 2000 | 33.43 million current US$ | -3.5% |
| 2001 | 32.53 million current US$ | -2.7% |
| 2002 | 30.63 million current US$ | -5.9% |
| 2003 | 35.59 million current US$ | +16.2% |
| 2004 | 41.82 million current US$ | +17.5% |
| 2005 | 47.38 million current US$ | +13.3% |
| 2006 | 51.90 million current US$ | +9.5% |
| 2007 | 69.60 million current US$ | +34.1% |
| 2008 | 82.83 million current US$ | +19.0% |
| 2009 | 76.90 million current US$ | -7.2% |
| 2010 | 71.88 million current US$ | -6.5% |
| 2011 | 85.07 million current US$ | +18.3% |
| 2012 | 82.44 million current US$ | -3.1% |
| 2013 | 85.43 million current US$ | +3.6% |
| 2014 | 86.79 million current US$ | +1.6% |
| 2015 | 79.93 million current US$ | -7.9% |
| 2016 | 78.21 million current US$ | -2.1% |
| 2017 | 96.79 million current US$ | +23.8% |
| 2018 | 108.08 million current US$ | +11.7% |
| 2019 | 107.31 million current US$ | -0.7% |
| 2020 | 97.08 million current US$ | -9.5% |
| 2021 | 97.76 million current US$ | +0.7% |
| 2022 | 112.80 million current US$ | +15.4% |
| 2023 | 127.06 million current US$ | +12.6% |
| 2024 | 132.76 million current US$ | +4.5% |
Vanuatu compared with similar countries
- Vanuatu's 132.76 million current US$ is below the median for lower middle income countries, which is 2.40 billion current US$, 6% of the median. (46 countries reporting)
- Vanuatu's 132.76 million current US$ is below the median for East Asia & Pacific, which is 956.37 million current US$, 14% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 31.47 million current US$ | 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
- 171 San Marino 148.47 million current US$ compare
- 172 Liberia 148.31 million current US$ compare
- 173 Greenland 133.33 million current US$ compare
- 175 Dominica 119.90 million current US$ compare
- 176 Equatorial Guinea 118.14 million current US$ compare
- 177 Guinea-Bissau 115.18 million current US$ 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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0198 units per US$ of GDP (2025)
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 174th out of 199 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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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.