Compensation of employees (current LCU) in Vanuatu
Vanuatu: Compensation of employees (current LCU) was 17.35 billion current LCU in 2023. ◆ Volatile
Compensation of employees in Vanuatu, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for compensation of employees in Vanuatu is 17.35 billion current LCU, measured in 2023.
Compared with earlier readings it is down 1.1% on the previous year and up 105.6% over ten years.
Over the whole period, compensation of employees in Vanuatu peaked at 17.54 billion current LCU in 2022 and was at its lowest, 2.35 billion current LCU, in 1990.
Vanuatu ranks 103rd of 156 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Compensation of employees (current LCU) in Vanuatu, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 2.35 billion current LCU | — |
| 1995 | 3.11 billion current LCU | +32.5% |
| 1996 | 3.33 billion current LCU | +7.1% |
| 1997 | 2.94 billion current LCU | -11.8% |
| 1998 | 3.65 billion current LCU | +24.1% |
| 1999 | 3.74 billion current LCU | +2.6% |
| 2009 | 7.24 billion current LCU | +93.4% |
| 2010 | 7.83 billion current LCU | +8.2% |
| 2011 | 8.09 billion current LCU | +3.3% |
| 2012 | 8.41 billion current LCU | +4.0% |
| 2013 | 8.44 billion current LCU | +0.3% |
| 2014 | 8.58 billion current LCU | +1.7% |
| 2015 | 8.89 billion current LCU | +3.6% |
| 2016 | 9.11 billion current LCU | +2.4% |
| 2017 | 9.97 billion current LCU | +9.4% |
| 2018 | 12.59 billion current LCU | +26.3% |
| 2019 | 14.28 billion current LCU | +13.5% |
| 2020 | 15.47 billion current LCU | +8.3% |
| 2021 | 17.17 billion current LCU | +11.0% |
| 2022 | 17.54 billion current LCU | +2.2% |
| 2023 | 17.35 billion current LCU | -1.1% |
Vanuatu compared with similar countries
- Vanuatu's 17.35 billion current LCU is below the median for lower middle income countries, which is 145.99 billion current LCU, 12% of the median. (36 countries reporting)
- Vanuatu's 17.35 billion current LCU is below the median for East Asia & Pacific, which is 23.59 billion current LCU, 74% of the median. (25 countries reporting)
Biggest year-on-year movements
Years where Compensation of employees (current LCU) 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 |
|---|---|---|---|
| 2009 | +93.4% | 3.74 billion current LCU | 7.24 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.19 billion current LCU | 2.35 billion current LCU | 3.74 billion current LCU | 6 |
| 2000s | 7.24 billion current LCU | 7.24 billion current LCU | 7.24 billion current LCU | 1 |
| 2010s | 9.62 billion current LCU | 7.83 billion current LCU | 14.28 billion current LCU | 10 |
| 2020s | 16.88 billion current LCU | 15.47 billion current LCU | 17.54 billion current LCU | 4 |
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 compensation of employees in Vanuatu?
- Compensation of employees in Vanuatu was 17.35 billion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Vanuatu?
- The highest recorded value was 17.54 billion current LCU in 2022.
- What is the lowest compensation of employees recorded in Vanuatu?
- The lowest recorded value was 2.35 billion current LCU in 1990.
- How does Vanuatu rank for compensation of employees?
- Vanuatu ranks 103rd out of 156 countries with data for 2023.
- Is compensation of employees rising or falling in Vanuatu?
- Over the last ten years it is up 105.6%. The long-run trend across the full record is volatile.
- 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 Compensation of employees (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Compensation of employees is defined as the total remuneration, in cash or in kind, payable by an enterprise to an employee in return for work done by the latter during the accounting period. 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.