Expense in Vanuatu

Vanuatu: Expense was 26.6% in 2023. ▲ Rising

Latest (2023)
26.6%
Change on year
down 5.5%
World rank
75th
of 157 countries
All-time high
30.4%
in 2020
All-time low
18.8%
in 1999
Years of data
21
1990–2023

Expense in Vanuatu, 1990–2023

01020301990200620231990: 19.7 % of GDP1995: 20.7 % of GDP1996: 22.2 % of GDP1997: 20.3 % of GDP1998: 19.1 % of GDP1999: 18.8 % of GDP2009: 21 % of GDP2010: 23.2 % of GDP2011: 22.7 % of GDP2012: 22.7 % of GDP2013: 19.2 % of GDP2014: 20.2 % of GDP2015: 20.5 % of GDP2016: 22 % of GDP2017: 23.7 % of GDP2018: 22.7 % of GDP2019: 24.6 % of GDP2020: 30.4 % of GDP2021: 29.8 % of GDP2022: 28.2 % of GDP2023: 26.6 % of GDP

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.

Analysis

The most recent figure for expense in Vanuatu is 26.6%, measured in 2023.

The figure is down 5.5% on the previous year and up 38.4% over ten years.

Over the whole period, expense in Vanuatu peaked at 30.4% in 2020 and was at its lowest, 18.8%, in 1999.

Vanuatu ranks 75th of 157 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 21 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 20.1% 18.8% 22.2% 6
2000s 21.0% 21.0% 21.0% 1
2010s 22.2% 19.2% 24.6% 10
2020s 28.7% 26.6% 30.4% 4

Countries ranked near Vanuatu

  1. 72 Jamaica 27.5% compare
  2. 73 Saint Kitts and Nevis 26.7% compare
  3. 74 Samoa 26.7% compare
  4. 76 Morocco 26.6% compare
  5. 77 Botswana 26.5% compare
  6. 78 Palestine 26.2% compare

See the full ranking of 183 places →

More economy & growth data for Vanuatu

All data for Vanuatu →

Frequently asked questions

What is expense in Vanuatu?
Expense in Vanuatu was 26.6% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest expense recorded in Vanuatu?
The highest recorded value was 30.4% in 2020.
What is the lowest expense recorded in Vanuatu?
The lowest recorded value was 18.8% in 1999.
How does Vanuatu rank for expense?
Vanuatu ranks 75th out of 157 countries with data for 2023.
Is expense rising or falling in Vanuatu?
Over the last ten years it is up 38.4%. The long-run trend across the full record is rising.
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 Expense (% 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

Indicator
Expense (% of GDP)
Unit
% of GDP
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
183 places, 5,211 data points, 1972–2024
Last refreshed

Expense is a decrease in net worth resulting from a transaction. 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.