Tax revenue (current LCU), annual growth rate in Vanuatu
Vanuatu: Tax revenue (current LCU), annual growth rate was 22.04 % change on previous year in 2023. ◆ Volatile
Tax revenue (current LCU), annual growth rate in Vanuatu, 1996–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for tax revenue (current lcu), annual growth rate in Vanuatu is 22.04 % change on previous year, measured in 2023. That is the highest value across all 18 years on record.
The figure is up 38.9% on the previous year and up 158.3% over ten years.
Over the whole period, tax revenue (current lcu), annual growth rate in Vanuatu peaked at 22.04 % change on previous year in 2023 and was at its lowest, -22.07 % change on previous year, in 2020.
Vanuatu ranks 29th of 156 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Tax revenue (current LCU), annual growth rate in Vanuatu, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1996 | 8.37 % change on previous year | — |
| 1997 | 5.44 % change on previous year | -35.0% |
| 1998 | 3.74 % change on previous year | -31.2% |
| 1999 | -0.1349 % change on previous year | -103.6% |
| 2010 | 0.8701 % change on previous year | -745.2% |
| 2011 | 7.64 % change on previous year | +777.6% |
| 2012 | 6.29 % change on previous year | -17.7% |
| 2013 | 8.53 % change on previous year | +35.7% |
| 2014 | 5.19 % change on previous year | -39.2% |
| 2015 | -2.04 % change on previous year | -139.3% |
| 2016 | 5.67 % change on previous year | -378.1% |
| 2017 | 14.21 % change on previous year | +150.7% |
| 2018 | 10.59 % change on previous year | -25.5% |
| 2019 | 5.18 % change on previous year | -51.1% |
| 2020 | -22.07 % change on previous year | -526.4% |
| 2021 | 12.11 % change on previous year | -154.8% |
| 2022 | 15.87 % change on previous year | +31.1% |
| 2023 | 22.04 % change on previous year | +38.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.36 % change on previous year | -0.1349 % change on previous year | 8.37 % change on previous year | 4 |
| 2010s | 6.21 % change on previous year | -2.04 % change on previous year | 14.21 % change on previous year | 10 |
| 2020s | 6.99 % change on previous year | -22.07 % change on previous year | 22.04 % change on previous year | 4 |
Countries ranked near Vanuatu
- 26 Samoa 22.79 % change on previous year compare
- 27 Côte d'Ivoire 22.18 % change on previous year compare
- 28 Somalia 22.17 % change on previous year compare
- 30 Bangladesh 21.54 % change on previous year compare
- 31 Tanzania, United Republic of 21.17 % change on previous year compare
- 32 Paraguay 20.31 % change on previous year 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 tax revenue (current lcu), annual growth rate in Vanuatu?
- Tax revenue (current lcu), annual growth rate in Vanuatu was 22.04 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest tax revenue (current lcu), annual growth rate recorded in Vanuatu?
- The highest recorded value was 22.04 % change on previous year in 2023.
- What is the lowest tax revenue (current lcu), annual growth rate recorded in Vanuatu?
- The lowest recorded value was -22.07 % change on previous year in 2020.
- How does Vanuatu rank for tax revenue (current lcu), annual growth rate?
- Vanuatu ranks 29th out of 156 countries with data for 2023.
- Is tax revenue (current lcu), annual growth rate rising or falling in Vanuatu?
- Over the last ten years it is up 158.3%. The long-run trend across the full record is volatile.
- Where does this Vanuatu data come from?
- The figures come from Statizoid (derived), published as part of Tax revenue (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Tax revenue (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Tax revenue Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Tax revenue (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.