Goods and services expense in Vanuatu
Vanuatu: Goods and services expense was 11.22 billion current LCU in 2023. ◆ Volatile
Goods and services expense 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 goods and services expense in Vanuatu is 11.22 billion current LCU, measured in 2023. That is the highest value across all 21 years on record.
The figure is up 2.3% on the previous year and up 170.7% over ten years.
Over the whole period, goods and services expense in Vanuatu peaked at 11.22 billion current LCU in 2023 and was at its lowest, 1.13 billion current LCU, in 1990.
That places Vanuatu 100th out of 155 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Goods and services expense in Vanuatu, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 1.13 billion current LCU | — |
| 1995 | 1.59 billion current LCU | +40.9% |
| 1996 | 2.11 billion current LCU | +33.2% |
| 1997 | 2.56 billion current LCU | +21.2% |
| 1998 | 1.90 billion current LCU | -25.8% |
| 1999 | 1.91 billion current LCU | +0.5% |
| 2009 | 3.92 billion current LCU | +105.3% |
| 2010 | 4.69 billion current LCU | +19.7% |
| 2011 | 4.31 billion current LCU | -8.2% |
| 2012 | 4.12 billion current LCU | -4.4% |
| 2013 | 4.14 billion current LCU | +0.6% |
| 2014 | 5.18 billion current LCU | +25.1% |
| 2015 | 5.84 billion current LCU | +12.7% |
| 2016 | 6.02 billion current LCU | +3.0% |
| 2017 | 8.16 billion current LCU | +35.6% |
| 2018 | 7.65 billion current LCU | -6.2% |
| 2019 | 9.57 billion current LCU | +25.1% |
| 2020 | 9.81 billion current LCU | +2.5% |
| 2021 | 10.05 billion current LCU | +2.5% |
| 2022 | 10.97 billion current LCU | +9.1% |
| 2023 | 11.22 billion current LCU | +2.3% |
Vanuatu compared with similar countries
- Vanuatu's 11.22 billion current LCU is below the median for lower middle income countries, which is 33.45 billion current LCU, 34% of the median. (36 countries reporting)
- Vanuatu's 11.22 billion current LCU is below the median for East Asia & Pacific, which is 14.18 billion current LCU, 79% of the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.87 billion current LCU | 1.13 billion current LCU | 2.56 billion current LCU | 6 |
| 2000s | 3.92 billion current LCU | 3.92 billion current LCU | 3.92 billion current LCU | 1 |
| 2010s | 5.97 billion current LCU | 4.12 billion current LCU | 9.57 billion current LCU | 10 |
| 2020s | 10.51 billion current LCU | 9.81 billion current LCU | 11.22 billion current LCU | 4 |
Countries ranked near Vanuatu
- 97 Niger 12.99 billion current LCU
- 98 Namibia 12.22 billion current LCU compare
- 99 Trinidad and Tobago 11.66 billion current LCU compare
- 101 Cape Verde 11.14 billion current LCU compare
- 102 Switzerland 10.33 billion current LCU compare
- 103 Belarus 10.00 billion current LCU compare
More public sector data for Vanuatu
- Democracy, 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)
- Elected parliament, 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)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is goods and services expense in Vanuatu?
- Goods and services expense in Vanuatu was 11.22 billion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Vanuatu?
- The highest recorded value was 11.22 billion current LCU in 2023.
- What is the lowest goods and services expense recorded in Vanuatu?
- The lowest recorded value was 1.13 billion current LCU in 1990.
- How does Vanuatu rank for goods and services expense?
- Vanuatu ranks 100th out of 155 countries with data for 2023.
- Is goods and services expense rising or falling in Vanuatu?
- Over the last ten years it is up 170.7%. 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 Goods and services expense (current LCU). Statizoid updates them automatically from the source API.
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About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. 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.