Total debt service in Vanuatu
Vanuatu: Total debt service was 6.5% in 2024. ◆ Volatile
Total debt service in Vanuatu, 1982–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
The most recent figure for total debt service in Vanuatu is 6.5%, measured in 2024.
That represents a change of up 19.3% on the previous year and up 257.4% over ten years.
Over the whole period, total debt service in Vanuatu peaked at 6.8% in 2019 and was at its lowest, 0.8%, in 1998.
That places Vanuatu 101st out of 120 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Total debt service in Vanuatu, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 1982 | 0.9% | — |
| 1983 | 2.1% | +136.0% |
| 1984 | 1.6% | -23.4% |
| 1985 | 1.6% | -2.9% |
| 1986 | 2.0% | +25.4% |
| 1987 | 4.2% | +115.0% |
| 1988 | 3.0% | -29.0% |
| 1989 | 2.5% | -15.5% |
| 1990 | 2.3% | -10.2% |
| 1991 | 1.5% | -34.6% |
| 1992 | 1.4% | -4.6% |
| 1993 | 1.5% | +6.0% |
| 1994 | 1.4% | -6.9% |
| 1995 | 1.3% | -6.9% |
| 1996 | 1.2% | -9.8% |
| 1997 | 1.4% | +18.0% |
| 1998 | 0.8% | -39.6% |
| 1999 | 1.5% | +81.9% |
| 2000 | 1.6% | +4.1% |
| 2001 | 1.3% | -20.1% |
| 2002 | 1.7% | +33.0% |
| 2003 | 1.6% | -7.9% |
| 2004 | 2.1% | +36.4% |
| 2005 | 1.6% | -22.8% |
| 2006 | 2.1% | +29.2% |
| 2007 | 1.8% | -14.2% |
| 2008 | 1.5% | -17.4% |
| 2009 | 1.7% | +14.1% |
| 2010 | 1.6% | -5.6% |
| 2011 | 1.6% | -4.0% |
| 2012 | 1.4% | -8.8% |
| 2013 | 1.7% | +19.8% |
| 2014 | 1.8% | +7.3% |
| 2015 | 2.0% | +9.5% |
| 2016 | 2.1% | +6.7% |
| 2017 | 2.2% | +1.1% |
| 2018 | 4.0% | +85.9% |
| 2019 | 6.8% | +68.8% |
| 2020 | 6.4% | -4.6% |
| 2021 | 6.1% | -6.0% |
| 2022 | 6.1% | +1.1% |
| 2023 | 5.5% | -10.8% |
| 2024 | 6.5% | +19.3% |
Vanuatu compared with similar countries
- Vanuatu's 6.5% is below the median for lower middle income countries, which is 16.6%, 39% of the median. (43 countries reporting)
- Vanuatu's 6.5% is below the median for East Asia & Pacific, which is 9.3%, 70% of the median. (16 countries reporting)
Biggest year-on-year movements
Years where Total debt service in Vanuatu changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1983 | +136.0% | 0.9% | 2.1% |
| 1987 | +115.0% | 2.0% | 4.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 2.2% | 0.9% | 4.2% | 8 |
| 1990s | 1.4% | 0.8% | 2.3% | 10 |
| 2000s | 1.7% | 1.3% | 2.1% | 10 |
| 2010s | 2.5% | 1.4% | 6.8% | 10 |
| 2020s | 6.1% | 5.5% | 6.5% | 5 |
Countries ranked near Vanuatu
- 99 Madagascar 7.2% compare
- 100 Lesotho 6.9% compare
- 102 Mali 6.2% compare
- 103 Grenada 4.9% compare
- 104 Saint Lucia 4.7% 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 2.79 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0021 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 8.5 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 28.86 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 211.4 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0222 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 88.05 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -4.52 % change on previous year (2024)
Frequently asked questions
- What is total debt service in Vanuatu?
- Total debt service in Vanuatu was 6.5% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest total debt service recorded in Vanuatu?
- The highest recorded value was 6.8% in 2019.
- What is the lowest total debt service recorded in Vanuatu?
- The lowest recorded value was 0.8% in 1998.
- How does Vanuatu rank for total debt service?
- Vanuatu ranks 101st out of 120 countries with data for 2024.
- Is total debt service rising or falling in Vanuatu?
- Over the last ten years it is up 257.4%. The long-run trend across the full record is volatile.
- Where does this Vanuatu data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Total debt service (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 43 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Total debt service to exports of goods, services and primary income. Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF.