Subsidies and other transfers in Vanuatu
Vanuatu: Subsidies and other transfers was 17.8% in 2023. ▲ Rising
Subsidies and other transfers in Vanuatu, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Vanuatu recorded 17.8% for subsidies and other transfers in 2023.
The figure is down 3.2% on the previous year and up 43.7% over ten years.
Over the whole period, subsidies and other transfers in Vanuatu peaked at 22.0% in 2016 and was at its lowest, 5.9%, in 1990.
Vanuatu ranks 128th of 152 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 16 years of available data.
Subsidies and other transfers in Vanuatu, year by year
| Year | % of expense | Change |
|---|---|---|
| 1990 | 5.9% | — |
| 2009 | 12.0% | +104.3% |
| 2010 | 12.7% | +6.2% |
| 2011 | 14.4% | +13.1% |
| 2012 | 14.0% | -2.8% |
| 2013 | 12.4% | -11.2% |
| 2014 | 13.2% | +6.3% |
| 2015 | 15.7% | +19.1% |
| 2016 | 22.0% | +39.9% |
| 2017 | 19.8% | -9.9% |
| 2018 | 14.2% | -28.3% |
| 2019 | 11.1% | -21.5% |
| 2020 | 20.9% | +87.8% |
| 2021 | 16.3% | -21.9% |
| 2022 | 18.4% | +12.7% |
| 2023 | 17.8% | -3.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.9% | 5.9% | 5.9% | 1 |
| 2000s | 12.0% | 12.0% | 12.0% | 1 |
| 2010s | 14.9% | 11.1% | 22.0% | 10 |
| 2020s | 18.4% | 16.3% | 20.9% | 4 |
Countries ranked near Vanuatu
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 subsidies and other transfers in Vanuatu?
- Subsidies and other transfers in Vanuatu was 17.8% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Vanuatu?
- The highest recorded value was 22.0% in 2016.
- What is the lowest subsidies and other transfers recorded in Vanuatu?
- The lowest recorded value was 5.9% in 1990.
- How does Vanuatu rank for subsidies and other transfers?
- Vanuatu ranks 128th out of 152 countries with data for 2023.
- Is subsidies and other transfers rising or falling in Vanuatu?
- Over the last ten years it is up 43.7%. 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 Subsidies and other transfers (% of expense). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 16 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.