Interest payments in Vanuatu
Vanuatu: Interest payments was 3.0% in 2023. ▬ Flat
Interest payments in Vanuatu, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2023, interest payments in Vanuatu stood at 3.0%.
Compared with earlier readings it is up 10.8% on the previous year and down 16.2% over ten years.
Over the whole period, interest payments in Vanuatu peaked at 4.9% in 1990 and was at its lowest, 2.2%, in 2010.
Vanuatu ranks 115th of 152 countries on this measure, in the bottom quarter.
Interest payments in Vanuatu, year by year
| Year | % of expense | Change |
|---|---|---|
| 1990 | 4.9% | — |
| 1995 | 2.7% | -45.8% |
| 1996 | 2.5% | -7.3% |
| 1997 | 2.3% | -8.5% |
| 1998 | 2.5% | +10.7% |
| 1999 | 3.8% | +50.9% |
| 2009 | 2.4% | -36.9% |
| 2010 | 2.2% | -7.8% |
| 2011 | 3.0% | +35.6% |
| 2012 | 2.9% | -1.5% |
| 2013 | 3.5% | +19.9% |
| 2014 | 3.3% | -6.1% |
| 2015 | 3.7% | +10.0% |
| 2016 | 4.2% | +14.8% |
| 2017 | 3.8% | -9.5% |
| 2018 | 3.7% | -2.1% |
| 2019 | 3.1% | -15.3% |
| 2020 | 2.4% | -23.3% |
| 2021 | 2.5% | +5.2% |
| 2022 | 2.7% | +5.3% |
| 2023 | 3.0% | +10.8% |
Vanuatu compared with similar countries
- Vanuatu's 3.0% is below the median for lower middle income countries, which is 10.0%, 30% of the median. (36 countries reporting)
- Vanuatu's 3.0% is below the median for East Asia & Pacific, which is 3.0%, 100% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.1% | 2.3% | 4.9% | 6 |
| 2000s | 2.4% | 2.4% | 2.4% | 1 |
| 2010s | 3.4% | 2.2% | 4.2% | 10 |
| 2020s | 2.6% | 2.4% | 3.0% | 4 |
Countries ranked near Vanuatu
- 112 Cyprus 3.1% compare
- 113 Australia 3.0% compare
- 114 New Zealand 3.0% compare
- 116 Uzbekistan 2.9% compare
- 117 Saint Kitts and Nevis 2.9% compare
- 118 Slovenia 2.8% 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 interest payments in Vanuatu?
- Interest payments in Vanuatu was 3.0% 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 4.9% in 1990.
- What is the lowest interest payments recorded in Vanuatu?
- The lowest recorded value was 2.2% in 2010.
- How does Vanuatu rank for interest payments?
- Vanuatu ranks 115th out of 152 countries with data for 2023.
- Is interest payments rising or falling in Vanuatu?
- Over the last ten years it is down 16.2%. The long-run trend across the full record is flat.
- 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 (% of expense). 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 as percentage of total expenses which is any decrease in net worth resulting from a transaction.