Other expense in Vanuatu
Vanuatu: Other expense was 3.4% in 2023. ▲ Rising
Other expense in Vanuatu, 2009–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2023, other expense in Vanuatu stood at 3.4%.
That represents a change of up 22.8% on the previous year and down 13.3% over ten years.
Over the whole period, other expense in Vanuatu peaked at 6.0% in 2019 and was at its lowest, 1.6%, in 2009.
That places Vanuatu 107th out of 147 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 15 years of available data.
Other expense in Vanuatu, year by year
| Year | % of expense | Change |
|---|---|---|
| 2009 | 1.6% | — |
| 2010 | 2.2% | +38.0% |
| 2011 | 3.2% | +47.9% |
| 2012 | 3.6% | +10.3% |
| 2013 | 3.9% | +9.1% |
| 2014 | 3.8% | -3.3% |
| 2015 | 3.7% | -1.8% |
| 2016 | 4.0% | +7.3% |
| 2017 | 5.5% | +37.9% |
| 2018 | 3.7% | -32.2% |
| 2019 | 6.0% | +61.4% |
| 2020 | 5.9% | -1.8% |
| 2021 | 4.7% | -19.5% |
| 2022 | 2.8% | -41.8% |
| 2023 | 3.4% | +22.8% |
Vanuatu compared with similar countries
- Vanuatu's 3.4% is below the median for lower middle income countries, which is 5.1%, 66% of the median. (35 countries reporting)
- Vanuatu's 3.4% is below the median for East Asia & Pacific, which is 6.3%, 54% of the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.6% | 1.6% | 1.6% | 1 |
| 2010s | 4.0% | 2.2% | 6.0% | 10 |
| 2020s | 4.2% | 2.8% | 5.9% | 4 |
Countries ranked near Vanuatu
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Frequently asked questions
- What is other expense in Vanuatu?
- Other expense in Vanuatu was 3.4% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest other expense recorded in Vanuatu?
- The highest recorded value was 6.0% in 2019.
- What is the lowest other expense recorded in Vanuatu?
- The lowest recorded value was 1.6% in 2009.
- How does Vanuatu rank for other expense?
- Vanuatu ranks 107th out of 147 countries with data for 2023.
- Is other expense rising or falling in Vanuatu?
- Over the last ten years it is down 13.3%. The long-run trend across the full record is rising.
- 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 Other expense (% of expense). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Other expense is spending on dividends, rent, and other miscellaneous expenses, including provision for consumption of fixed capital. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.