Interest payments in Vanuatu
Vanuatu: Interest payments was 3.0% in 2023. ▬ Flat
Interest payments in Vanuatu, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2023, interest payments in Vanuatu stood at 3.0%.
Compared with earlier readings it is up 10.8% on the previous year and down 16.2% over ten years.
Over the whole period, interest payments in Vanuatu peaked at 4.9% in 1990 and was at its lowest, 2.2%, in 2010.
Vanuatu ranks 115th of 152 countries on this measure, in the bottom quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.1% | 2.3% | 4.9% | 6 |
| 2000s | 2.4% | 2.4% | 2.4% | 1 |
| 2010s | 3.4% | 2.2% | 4.2% | 10 |
| 2020s | 2.6% | 2.4% | 3.0% | 4 |
Countries ranked near Vanuatu
- 112 Cyprus 3.1% compare
- 113 Australia 3.0% compare
- 114 New Zealand 3.0% compare
- 116 Uzbekistan 2.9% compare
- 117 Saint Kitts and Nevis 2.9% compare
- 118 Slovenia 2.8% 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)
- 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 interest payments in Vanuatu?
- Interest payments in Vanuatu was 3.0% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Vanuatu?
- The highest recorded value was 4.9% in 1990.
- What is the lowest interest payments recorded in Vanuatu?
- The lowest recorded value was 2.2% in 2010.
- How does Vanuatu rank for interest payments?
- Vanuatu ranks 115th out of 152 countries with data for 2023.
- Is interest payments rising or falling in Vanuatu?
- Over the last ten years it is down 16.2%. 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 Interest payments (% of expense). Statizoid updates them automatically from the source API.
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About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.