Interest payments in Vanuatu
Vanuatu: Interest payments was 1.12 billion current LCU in 2023. ◆ Volatile
Interest payments 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 interest payments in Vanuatu is 1.12 billion current LCU, measured in 2023. That is the highest value across all 21 years on record.
That represents a change of up 11.5% on the previous year and up 101.2% over ten years.
Over the whole period, interest payments in Vanuatu peaked at 1.12 billion current LCU in 2023 and was at its lowest, 146.00 million current LCU, in 1997.
Vanuatu ranks 119th of 155 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Interest payments in Vanuatu, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 192.50 million current LCU | — |
| 1995 | 155.00 million current LCU | -19.5% |
| 1996 | 161.00 million current LCU | +3.9% |
| 1997 | 146.00 million current LCU | -9.3% |
| 1998 | 161.00 million current LCU | +10.3% |
| 1999 | 247.00 million current LCU | +53.4% |
| 2009 | 317.80 million current LCU | +28.7% |
| 2010 | 333.50 million current LCU | +4.9% |
| 2011 | 467.50 million current LCU | +40.2% |
| 2012 | 464.70 million current LCU | -0.6% |
| 2013 | 554.99 million current LCU | +19.4% |
| 2014 | 573.30 million current LCU | +3.3% |
| 2015 | 699.73 million current LCU | +22.1% |
| 2016 | 908.06 million current LCU | +29.8% |
| 2017 | 969.50 million current LCU | +6.8% |
| 2018 | 959.36 million current LCU | -1.0% |
| 2019 | 941.89 million current LCU | -1.8% |
| 2020 | 862.70 million current LCU | -8.4% |
| 2021 | 905.45 million current LCU | +5.0% |
| 2022 | 1.00 billion current LCU | +10.6% |
| 2023 | 1.12 billion current LCU | +11.5% |
Vanuatu compared with similar countries
- Vanuatu's 1.12 billion current LCU is below the median for lower middle income countries, which is 39.26 billion current LCU, 3% of the median. (36 countries reporting)
- Vanuatu's 1.12 billion current LCU is below the median for East Asia & Pacific, which is 4.93 billion current LCU, 23% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 177.08 million current LCU | 146.00 million current LCU | 247.00 million current LCU | 6 |
| 2000s | 317.80 million current LCU | 317.80 million current LCU | 317.80 million current LCU | 1 |
| 2010s | 687.25 million current LCU | 333.50 million current LCU | 969.50 million current LCU | 10 |
| 2020s | 971.60 million current LCU | 862.70 million current LCU | 1.12 billion current LCU | 4 |
Countries ranked near Vanuatu
More public sector data for Vanuatu
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- 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)
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- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
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Frequently asked questions
- What is interest payments in Vanuatu?
- Interest payments in Vanuatu was 1.12 billion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Vanuatu?
- The highest recorded value was 1.12 billion current LCU in 2023.
- What is the lowest interest payments recorded in Vanuatu?
- The lowest recorded value was 146.00 million current LCU in 1997.
- How does Vanuatu rank for interest payments?
- Vanuatu ranks 119th out of 155 countries with data for 2023.
- Is interest payments rising or falling in Vanuatu?
- Over the last ten years it is up 101.2%. 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 Interest payments (current LCU). Statizoid updates them automatically from the source API.
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About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. 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.