Grants and other revenue in Vanuatu
Vanuatu: Grants and other revenue was 49.3% in 2023. ◆ Volatile
Grants and other revenue in Vanuatu, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
In 2023, grants and other revenue in Vanuatu stood at 49.3%.
Compared with earlier readings it is up 0.6% on the previous year and up 155.1% over ten years.
Over the whole period, grants and other revenue in Vanuatu peaked at 63.6% in 2021 and was at its lowest, 7.8%, in 1997.
That places Vanuatu 21st out of 154 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Grants and other revenue in Vanuatu, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1990 | 17.6% | — |
| 1995 | 18.7% | +6.2% |
| 1996 | 14.6% | -22.0% |
| 1997 | 7.8% | -46.3% |
| 1998 | 11.1% | +41.8% |
| 1999 | 11.9% | +6.5% |
| 2009 | 38.3% | +222.6% |
| 2010 | 37.0% | -3.2% |
| 2011 | 35.1% | -5.3% |
| 2012 | 23.5% | -32.9% |
| 2013 | 19.3% | -17.8% |
| 2014 | 24.2% | +25.1% |
| 2015 | 49.9% | +106.5% |
| 2016 | 51.7% | +3.7% |
| 2017 | 49.9% | -3.5% |
| 2018 | 53.6% | +7.4% |
| 2019 | 57.9% | +8.0% |
| 2020 | 62.7% | +8.3% |
| 2021 | 63.6% | +1.4% |
| 2022 | 49.0% | -23.0% |
| 2023 | 49.3% | +0.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 13.6% | 7.8% | 18.7% | 6 |
| 2000s | 38.3% | 38.3% | 38.3% | 1 |
| 2010s | 40.2% | 19.3% | 57.9% | 10 |
| 2020s | 56.2% | 49.0% | 63.6% | 4 |
Countries ranked near Vanuatu
- 18 Angola 58.4% compare
- 19 Tonga 56.2% compare
- 20 Iran, Islamic Republic of 52.3% compare
- 22 Saint Kitts and Nevis 49.3% compare
- 23 Russian Federation 49.0% compare
- 24 Egypt 43.2% compare
More public sector data for Vanuatu
- 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)
- Interest payments 2.4% (2023)
- Interest payments 3.0% (2023)
- Other taxes 1.1% (2023)
- Compensation of employees 46.1% (2023)
- Goods and services expense 29.8% (2023)
- Taxes on international trade 10.6% (2023)
Frequently asked questions
- What is grants and other revenue in Vanuatu?
- Grants and other revenue in Vanuatu was 49.3% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest grants and other revenue recorded in Vanuatu?
- The highest recorded value was 63.6% in 2021.
- What is the lowest grants and other revenue recorded in Vanuatu?
- The lowest recorded value was 7.8% in 1997.
- How does Vanuatu rank for grants and other revenue?
- Vanuatu ranks 21st out of 154 countries with data for 2023.
- Is grants and other revenue rising or falling in Vanuatu?
- Over the last ten years it is up 155.1%. 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 Grants and other revenue (% of revenue). Statizoid updates them automatically from the source API.
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About this data
Grants are transfers receivable by government units, from other resident or nonresident government units or international organizations, that do not meet the definition of a tax, subsidy, or social contribution. Other revenue is all revenue receivable excluding taxes, social contributions, and grants. This category of revenue includes property income, sales of goods and services, and miscellaneous other types of revenue. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.