Taxes on goods and services (% value added of industry and services) in Vanuatu
Vanuatu: Taxes on goods and services (% value added of industry and services) was 18.8% in 2023. ▬ Flat
Taxes on goods and services in Vanuatu, 2009–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % value added of industry and services.
Analysis
In 2023, taxes on goods and services in Vanuatu stood at 18.8%. That is the highest value across all 15 years on record.
Compared with earlier readings it is up 13.7% on the previous year and up 8.0% over ten years.
Over the whole period, taxes on goods and services in Vanuatu peaked at 18.8% in 2023 and was at its lowest, 13.6%, in 2020.
Vanuatu ranks 9th of 154 countries on this measure, in the top 10%.
Taxes on goods and services (% value added of industry and services) in Vanuatu, year by year
| Year | % value added of industry and services | Change |
|---|---|---|
| 2009 | 14.3% | — |
| 2010 | 16.2% | +13.8% |
| 2011 | 17.2% | +6.0% |
| 2012 | 17.9% | +4.2% |
| 2013 | 17.4% | -2.9% |
| 2014 | 18.2% | +4.3% |
| 2015 | 15.3% | -15.8% |
| 2016 | 15.0% | -1.9% |
| 2017 | 16.1% | +7.7% |
| 2018 | 17.4% | +7.7% |
| 2019 | 17.0% | -2.2% |
| 2020 | 13.6% | -19.7% |
| 2021 | 15.4% | +12.6% |
| 2022 | 16.5% | +7.5% |
| 2023 | 18.8% | +13.7% |
Vanuatu compared with similar countries
- Vanuatu's 18.8% is above the median for lower middle income countries, which is 8.7%, 2.2× the median. (37 countries reporting)
- Vanuatu's 18.8% is above the median for East Asia & Pacific, which is 7.8%, 2.4× the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 14.3% | 14.3% | 14.3% | 1 |
| 2010s | 16.8% | 15.0% | 18.2% | 10 |
| 2020s | 16.1% | 13.6% | 18.8% | 4 |
Countries ranked near Vanuatu
More public sector data for Vanuatu
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- 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)
Frequently asked questions
- What is taxes on goods and services in Vanuatu?
- Taxes on goods and services in Vanuatu was 18.8% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Vanuatu?
- The highest recorded value was 18.8% in 2023.
- What is the lowest taxes on goods and services recorded in Vanuatu?
- The lowest recorded value was 13.6% in 2020.
- How does Vanuatu rank for taxes on goods and services?
- Vanuatu ranks 9th out of 154 countries with data for 2023.
- Is taxes on goods and services rising or falling in Vanuatu?
- Over the last ten years it is up 8.0%. The long-run trend across the full record is flat.
- 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 Taxes on goods and services (% value added of industry and services). Statizoid updates them automatically from the source API.
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About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. This indicator is expressed as a percentage of value added in industry and services which is the contribution to the economy by industries in ISIC (Rev. 3) divisions 05-43 and 50-99.