Taxes less subsidies on products in Vanuatu
Vanuatu: Taxes less subsidies on products was 15.82 billion current LCU in 2024. ▲ Rising
Taxes less subsidies on products in Vanuatu, 1998–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for taxes less subsidies on products in Vanuatu is 15.82 billion current LCU, measured in 2024. That is the highest value across all 27 years on record.
The figure is up 4.5% on the previous year and up 87.8% over ten years.
Over the whole period, taxes less subsidies on products in Vanuatu peaked at 15.82 billion current LCU in 2024 and was at its lowest, 3.61 billion current LCU, in 1998.
Vanuatu ranks 123rd of 198 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 27 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.04 billion current LCU | 3.61 billion current LCU | 4.47 billion current LCU | 2 |
| 2000s | 5.73 billion current LCU | 4.26 billion current LCU | 8.39 billion current LCU | 10 |
| 2010s | 9.06 billion current LCU | 6.97 billion current LCU | 12.31 billion current LCU | 10 |
| 2020s | 13.17 billion current LCU | 10.70 billion current LCU | 15.82 billion current LCU | 5 |
Countries ranked near Vanuatu
More economy & growth data for Vanuatu
- DEC alternative conversion factor 120.33 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 21.20 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 176.23 million current US$ (2025)
- Taxes less subsidies on products 132.76 million current US$ (2024)
- Net primary income (Net income from abroad) 15.98 billion current LCU (2025)
- Net primary income (Net income from abroad) 132.79 million current US$ (2025)
- GNI per capita 533,631 current LCU (2025)
- GNI per capita, Atlas method 4,410 current US$ (2025)
- GNI 178.86 billion current LCU (2025)
- GNI 1.49 billion current US$ (2025)
Frequently asked questions
- What is taxes less subsidies on products in Vanuatu?
- Taxes less subsidies on products in Vanuatu was 15.82 billion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest taxes less subsidies on products recorded in Vanuatu?
- The highest recorded value was 15.82 billion current LCU in 2024.
- What is the lowest taxes less subsidies on products recorded in Vanuatu?
- The lowest recorded value was 3.61 billion current LCU in 1998.
- How does Vanuatu rank for taxes less subsidies on products?
- Vanuatu ranks 123rd out of 198 countries with data for 2024.
- Is taxes less subsidies on products rising or falling in Vanuatu?
- Over the last ten years it is up 87.8%. The long-run trend across the full record is rising.
- Where does this Vanuatu data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Taxes less subsidies on products (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 27 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Taxes less subsidies on products are taxes payable per unit of a good or service. 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.