Tax revenue in Vanuatu
Vanuatu: Tax revenue was 16.5% in 2023. ▼ Falling
Tax revenue in Vanuatu, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for tax revenue in Vanuatu is 16.5%, measured in 2023.
Compared with earlier readings it is up 14.6% on the previous year and up 3.1% over ten years.
Over the whole period, tax revenue in Vanuatu peaked at 20.2% in 1990 and was at its lowest, 12.6%, in 2020.
That places Vanuatu 81st out of 157 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 21 years of available data.
Tax revenue in Vanuatu, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 20.2% | — |
| 1995 | 17.9% | -11.3% |
| 1996 | 18.6% | +3.7% |
| 1997 | 18.1% | -2.6% |
| 1998 | 17.7% | -2.0% |
| 1999 | 17.1% | -3.4% |
| 2009 | 16.5% | -3.7% |
| 2010 | 16.2% | -1.8% |
| 2011 | 16.4% | +1.5% |
| 2012 | 17.4% | +5.7% |
| 2013 | 16.0% | -7.9% |
| 2014 | 16.1% | +0.6% |
| 2015 | 14.4% | -10.3% |
| 2016 | 14.4% | -0.1% |
| 2017 | 15.1% | +4.6% |
| 2018 | 15.8% | +4.5% |
| 2019 | 15.5% | -1.6% |
| 2020 | 12.6% | -19.1% |
| 2021 | 13.8% | +9.9% |
| 2022 | 14.4% | +4.4% |
| 2023 | 16.5% | +14.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 18.3% | 17.1% | 20.2% | 6 |
| 2000s | 16.5% | 16.5% | 16.5% | 1 |
| 2010s | 15.7% | 14.4% | 17.4% | 10 |
| 2020s | 14.3% | 12.6% | 16.5% | 4 |
Countries ranked near Vanuatu
More public sector data for Vanuatu
- 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)
- Taxes on international trade 10.6% (2023)
Frequently asked questions
- What is tax revenue in Vanuatu?
- Tax revenue in Vanuatu was 16.5% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in Vanuatu?
- The highest recorded value was 20.2% in 1990.
- What is the lowest tax revenue recorded in Vanuatu?
- The lowest recorded value was 12.6% in 2020.
- How does Vanuatu rank for tax revenue?
- Vanuatu ranks 81st out of 157 countries with data for 2023.
- Is tax revenue rising or falling in Vanuatu?
- Over the last ten years it is up 3.1%. The long-run trend across the full record is falling.
- 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 Tax revenue (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.