Tax revenue (current LCU), per unit of GDP in Vanuatu
Vanuatu: Tax revenue (current LCU), per unit of GDP was 19.66 current LCU per US$ of GDP in 2023. ▼ Falling
Tax revenue (current LCU), per unit of GDP in Vanuatu, 1990–2023
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for tax revenue (current lcu), per unit of gdp in Vanuatu is 19.66 current LCU per US$ of GDP, measured in 2023.
That represents a change of up 18.3% on the previous year and up 29.8% over ten years.
Over the whole period, tax revenue (current lcu), per unit of gdp in Vanuatu peaked at 23.63 current LCU per US$ of GDP in 1990 and was at its lowest, 14.48 current LCU per US$ of GDP, in 2020.
Vanuatu ranks 44th of 157 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 21 years of available data.
Tax revenue (current LCU), per unit of GDP in Vanuatu, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1990 | 23.63 current LCU per US$ of GDP | — |
| 1995 | 20.07 current LCU per US$ of GDP | -15.1% |
| 1996 | 20.75 current LCU per US$ of GDP | +3.4% |
| 1997 | 20.96 current LCU per US$ of GDP | +1.0% |
| 1998 | 22.62 current LCU per US$ of GDP | +7.9% |
| 1999 | 22.1 current LCU per US$ of GDP | -2.3% |
| 2009 | 17.61 current LCU per US$ of GDP | -20.3% |
| 2010 | 15.69 current LCU per US$ of GDP | -10.9% |
| 2011 | 14.71 current LCU per US$ of GDP | -6.3% |
| 2012 | 16.1 current LCU per US$ of GDP | +9.5% |
| 2013 | 15.14 current LCU per US$ of GDP | -6.0% |
| 2014 | 15.64 current LCU per US$ of GDP | +3.3% |
| 2015 | 15.74 current LCU per US$ of GDP | +0.7% |
| 2016 | 15.66 current LCU per US$ of GDP | -0.5% |
| 2017 | 16.28 current LCU per US$ of GDP | +3.9% |
| 2018 | 17.38 current LCU per US$ of GDP | +6.8% |
| 2019 | 17.81 current LCU per US$ of GDP | +2.5% |
| 2020 | 14.48 current LCU per US$ of GDP | -18.7% |
| 2021 | 15.1 current LCU per US$ of GDP | +4.3% |
| 2022 | 16.61 current LCU per US$ of GDP | +10.0% |
| 2023 | 19.66 current LCU per US$ of GDP | +18.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 21.69 current LCU per US$ of GDP | 20.07 current LCU per US$ of GDP | 23.63 current LCU per US$ of GDP | 6 |
| 2000s | 17.61 current LCU per US$ of GDP | 17.61 current LCU per US$ of GDP | 17.61 current LCU per US$ of GDP | 1 |
| 2010s | 16.02 current LCU per US$ of GDP | 14.71 current LCU per US$ of GDP | 17.81 current LCU per US$ of GDP | 10 |
| 2020s | 16.46 current LCU per US$ of GDP | 14.48 current LCU per US$ of GDP | 19.66 current LCU per US$ of GDP | 4 |
Countries ranked near Vanuatu
- 41 Serbia 26.68 current LCU per US$ of GDP compare
- 42 Niger 24.86 current LCU per US$ of GDP
- 43 Kenya 19.67 current LCU per US$ of GDP compare
- 45 Nepal 18.23 current LCU per US$ of GDP compare
- 46 Cape Verde 17.8 current LCU per US$ of GDP compare
- 47 Kyrgyzstan 17.09 current LCU per US$ of GDP 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), per unit of gdp in Vanuatu?
- Tax revenue (current lcu), per unit of gdp in Vanuatu was 19.66 current LCU per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest tax revenue (current lcu), per unit of gdp recorded in Vanuatu?
- The highest recorded value was 23.63 current LCU per US$ of GDP in 1990.
- What is the lowest tax revenue (current lcu), per unit of gdp recorded in Vanuatu?
- The lowest recorded value was 14.48 current LCU per US$ of GDP in 2020.
- How does Vanuatu rank for tax revenue (current lcu), per unit of gdp?
- Vanuatu ranks 44th out of 157 countries with data for 2023.
- Is tax revenue (current lcu), per unit of gdp rising or falling in Vanuatu?
- Over the last ten years it is up 29.8%. The long-run trend across the full record is falling.
- Where does this Vanuatu data come from?
- The figures come from Statizoid (derived), published as part of Tax revenue (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Tax revenue (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Tax revenue (current LCU) ÷ GDP (current US$)
Computed from
- Tax revenue Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Tax revenue (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.