Net incurrence of liabilities, total in Vanuatu
Vanuatu: Net incurrence of liabilities, total was 1.83 billion current LCU in 2023. ◆ Volatile
Net incurrence of liabilities, total 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 net incurrence of liabilities, total in Vanuatu is 1.83 billion current LCU, measured in 2023.
Compared with earlier readings it is down 49.7% on the previous year and up 1,249.6% over ten years.
Over the whole period, net incurrence of liabilities, total in Vanuatu peaked at 4.27 billion current LCU in 2019 and was at its lowest, -3.08 billion current LCU, in 2018.
That places Vanuatu 102nd out of 136 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 704.70 million current LCU | 704.70 million current LCU | 704.70 million current LCU | 1 |
| 2000s | 663.90 million current LCU | 663.90 million current LCU | 663.90 million current LCU | 1 |
| 2010s | 386.24 million current LCU | -3.08 billion current LCU | 4.27 billion current LCU | 10 |
| 2020s | 2.15 billion current LCU | 509.95 million current LCU | 3.63 billion current LCU | 4 |
Countries ranked near Vanuatu
- 99 Kyrgyzstan 2.34 billion current LCU compare
- 100 Georgia 1.93 billion current LCU compare
- 101 Tunisia 1.91 billion current LCU compare
- 103 Azerbaijan 1.61 billion current LCU compare
- 104 Bosnia and Herzegovina 1.51 billion current LCU compare
- 105 Bahrain 1.14 billion current LCU 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)
- Grants and other revenue 49.3% (2023)
- Interest payments 3.0% (2023)
- Other taxes 1.1% (2023)
- Compensation of employees 46.1% (2023)
- Goods and services expense 29.8% (2023)
Frequently asked questions
- What is net incurrence of liabilities, total in Vanuatu?
- Net incurrence of liabilities, total in Vanuatu was 1.83 billion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Vanuatu?
- The highest recorded value was 4.27 billion current LCU in 2019.
- What is the lowest net incurrence of liabilities, total recorded in Vanuatu?
- The lowest recorded value was -3.08 billion current LCU in 2018.
- How does Vanuatu rank for net incurrence of liabilities, total?
- Vanuatu ranks 102nd out of 136 countries with data for 2023.
- Is net incurrence of liabilities, total rising or falling in Vanuatu?
- Over the last ten years it is up 1,249.6%. 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 Net incurrence of liabilities, total (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. 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.