Compensation of employees in Vanuatu
Vanuatu: Compensation of employees was 17.35 billion current LCU in 2023. ◆ Volatile
Compensation of employees in Vanuatu, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for compensation of employees in Vanuatu is 17.35 billion current LCU, measured in 2023.
Compared with earlier readings it is down 1.1% on the previous year and up 105.6% over ten years.
Over the whole period, compensation of employees in Vanuatu peaked at 17.54 billion current LCU in 2022 and was at its lowest, 2.35 billion current LCU, in 1990.
Vanuatu ranks 103rd of 156 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.19 billion current LCU | 2.35 billion current LCU | 3.74 billion current LCU | 6 |
| 2000s | 7.24 billion current LCU | 7.24 billion current LCU | 7.24 billion current LCU | 1 |
| 2010s | 9.62 billion current LCU | 7.83 billion current LCU | 14.28 billion current LCU | 10 |
| 2020s | 16.88 billion current LCU | 15.47 billion current LCU | 17.54 billion current LCU | 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 compensation of employees in Vanuatu?
- Compensation of employees in Vanuatu was 17.35 billion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Vanuatu?
- The highest recorded value was 17.54 billion current LCU in 2022.
- What is the lowest compensation of employees recorded in Vanuatu?
- The lowest recorded value was 2.35 billion current LCU in 1990.
- How does Vanuatu rank for compensation of employees?
- Vanuatu ranks 103rd out of 156 countries with data for 2023.
- Is compensation of employees rising or falling in Vanuatu?
- Over the last ten years it is up 105.6%. The long-run trend across the full record is volatile.
- 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 Compensation of employees (current LCU). Statizoid updates them automatically from the source API.
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About this data
Compensation of employees is defined as the total remuneration, in cash or in kind, payable by an enterprise to an employee in return for work done by the latter during the accounting period. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.