Total debt service in Vanuatu
Vanuatu: Total debt service was 1.9% in 2024. ▲ Rising
Total debt service in Vanuatu, 1981–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
In 2024, total debt service in Vanuatu stood at 1.9%.
That represents a change of down 4.2% on the previous year and up 115.2% over ten years.
Over the whole period, total debt service in Vanuatu peaked at 2.9% in 1987 and was at its lowest, 0.5%, in 1981.
That places Vanuatu 96th out of 121 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 44 years of available data.
Total debt service in Vanuatu, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1981 | 0.5% | — |
| 1982 | 0.5% | +1.1% |
| 1983 | 1.3% | +158.3% |
| 1984 | 1.1% | -18.0% |
| 1985 | 1.1% | +2.7% |
| 1986 | 1.3% | +20.4% |
| 1987 | 2.9% | +116.4% |
| 1988 | 1.7% | -41.8% |
| 1989 | 1.3% | -21.1% |
| 1990 | 1.4% | +8.6% |
| 1991 | 0.9% | -38.2% |
| 1992 | 0.8% | -6.1% |
| 1993 | 0.9% | +6.1% |
| 1994 | 0.8% | -8.9% |
| 1995 | 0.8% | -6.6% |
| 1996 | 0.7% | -5.8% |
| 1997 | 0.8% | +11.6% |
| 1998 | 0.6% | -29.8% |
| 1999 | 0.9% | +68.2% |
| 2000 | 1.1% | +15.0% |
| 2001 | 0.8% | -27.5% |
| 2002 | 0.9% | +17.2% |
| 2003 | 0.8% | -8.5% |
| 2004 | 1.2% | +37.1% |
| 2005 | 0.9% | -21.0% |
| 2006 | 1.1% | +19.7% |
| 2007 | 0.9% | -13.1% |
| 2008 | 0.8% | -15.4% |
| 2009 | 1.0% | +24.2% |
| 2010 | 0.9% | -9.0% |
| 2011 | 0.8% | -10.2% |
| 2012 | 0.8% | -2.7% |
| 2013 | 0.8% | +5.5% |
| 2014 | 0.9% | +4.7% |
| 2015 | 0.8% | -9.3% |
| 2016 | 0.9% | +17.4% |
| 2017 | 1.0% | +4.4% |
| 2018 | 1.9% | +90.7% |
| 2019 | 2.8% | +52.3% |
| 2020 | 1.5% | -45.5% |
| 2021 | 1.4% | -9.7% |
| 2022 | 1.7% | +19.5% |
| 2023 | 2.0% | +18.3% |
| 2024 | 1.9% | -4.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.3% | 0.5% | 2.9% | 9 |
| 1990s | 0.9% | 0.6% | 1.4% | 10 |
| 2000s | 1.0% | 0.8% | 1.2% | 10 |
| 2010s | 1.2% | 0.8% | 2.8% | 10 |
| 2020s | 1.7% | 1.4% | 2.0% | 5 |
Countries ranked near Vanuatu
- 93 Central African Republic 1.9% compare
- 94 Chad 1.9% compare
- 95 China 1.9% compare
- 97 Bangladesh 1.8% compare
- 98 Guinea-Bissau 1.8% compare
- 99 Guatemala 1.8% 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)
- Industry (including construction), value added (constant 2015 US$) 11.01 % change on previous year (2024)
- Industry (including construction), value added (constant 2015 US$) 0.1111 constant 2015 US$ per US$ of GDP (2024)
- Industry (including construction), value added (constant 2015 US$) 439.9 constant 2015 US$ per person (2024)
- Industry (including construction), value added (constant LCU), annual 11.01 % change on previous year (2024)
- Industry (including construction), value added (constant LCU), per 11.99 constant LCU per US$ of GDP (2024)
- Industry (including construction), value added (constant LCU), per 47,480 constant LCU per person (2024)
- Services, value added (current US$), annual growth rate 6.95 % change on previous year (2024)
- Services, value added (current US$), per unit of GDP 0.5676 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is total debt service in Vanuatu?
- Total debt service in Vanuatu was 1.9% 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 2.9% in 1987.
- What is the lowest total debt service recorded in Vanuatu?
- The lowest recorded value was 0.5% in 1981.
- How does Vanuatu rank for total debt service?
- Vanuatu ranks 96th out of 121 countries with data for 2024.
- Is total debt service rising or falling in Vanuatu?
- Over the last ten years it is up 115.2%. The long-run trend across the full record is rising.
- 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 GNI). Statizoid updates them automatically from the source API.
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About this data
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.