Central government debt, total (current LCU) in Vanuatu
Vanuatu: Central government debt, total (current LCU) was 96.13 billion current LCU in 2023. ◆ Volatile
Central government debt, total in Vanuatu, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Vanuatu recorded 96.13 billion current LCU for central government debt, total in 2023.
That represents a change of down 1.0% on the previous year.
Over the whole period, central government debt, total in Vanuatu peaked at 97.09 billion current LCU in 2022 and was at its lowest, 4.63 billion current LCU, in 1990.
Vanuatu ranks 53rd of 83 countries on this measure, in the middle of the range.
Central government debt, total (current LCU) in Vanuatu, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 4.63 billion current LCU | — |
| 1995 | 6.76 billion current LCU | +46.0% |
| 1996 | 6.52 billion current LCU | -3.5% |
| 1997 | 7.38 billion current LCU | +13.2% |
| 1998 | 9.50 billion current LCU | +28.7% |
| 1999 | 9.45 billion current LCU | -0.6% |
| 2021 | 90.58 billion current LCU | +859.0% |
| 2022 | 97.09 billion current LCU | +7.2% |
| 2023 | 96.13 billion current LCU | -1.0% |
Vanuatu compared with similar countries
- Vanuatu's 96.13 billion current LCU is below the median for lower middle income countries, which is 149.14 billion current LCU, 64% of the median. (16 countries reporting)
- Vanuatu's 96.13 billion current LCU is below the median for East Asia & Pacific, which is 736.11 billion current LCU, 13% of the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.37 billion current LCU | 4.63 billion current LCU | 9.50 billion current LCU | 6 |
| 2020s | 94.60 billion current LCU | 90.58 billion current LCU | 97.09 billion current LCU | 3 |
Countries ranked near Vanuatu
More public sector data for Vanuatu
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Tax revenue 16.5% (2023)
- Taxes on goods and services 39.0% (2023)
- Net investment in nonfinancial assets 5.3% (2023)
- Net lending (+) / net borrowing (-) 0.7% (2023)
Frequently asked questions
- What is central government debt, total in Vanuatu?
- Central government debt, total in Vanuatu was 96.13 billion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest central government debt, total recorded in Vanuatu?
- The highest recorded value was 97.09 billion current LCU in 2022.
- What is the lowest central government debt, total recorded in Vanuatu?
- The lowest recorded value was 4.63 billion current LCU in 1990.
- How does Vanuatu rank for central government debt, total?
- Vanuatu ranks 53rd out of 83 countries with data for 2023.
- Where does this Vanuatu data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Central government debt, total (current LCU). Statizoid updates them automatically from the source API.
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About this data
Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year. Central government is the part of general government that includes all administrative departments of the national executive, legislative, and judicial functions, other central agencies and those non-market producers controlled by the central government, whose competence extends normally over the whole economic territory. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.