Taxes on exports in Vanuatu
Vanuatu: Taxes on exports was 1.98 million current LCU in 2023. ◆ Volatile
Taxes on exports in Vanuatu, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Vanuatu recorded 1.98 million current LCU for taxes on exports in 2023.
The figure is down 93.1% on the previous year and up 56.0% over ten years.
Over the whole period, taxes on exports in Vanuatu peaked at 1.12 billion current LCU in 1997 and was at its lowest, 22,195 current LCU, in 2019.
Vanuatu ranks 61st of 77 countries on this measure, in the bottom quarter.
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 | 245.17 million current LCU | 2.00 million current LCU | 1.12 billion current LCU | 6 |
| 2000s | 8.00 million current LCU | 8.00 million current LCU | 8.00 million current LCU | 1 |
| 2010s | 8.11 million current LCU | 22,195 current LCU | 44.80 million current LCU | 8 |
| 2020s | 64.33 million current LCU | 1.98 million current LCU | 222.93 million 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 taxes on exports in Vanuatu?
- Taxes on exports in Vanuatu was 1.98 million current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on exports recorded in Vanuatu?
- The highest recorded value was 1.12 billion current LCU in 1997.
- What is the lowest taxes on exports recorded in Vanuatu?
- The lowest recorded value was 22,195 current LCU in 2019.
- How does Vanuatu rank for taxes on exports?
- Vanuatu ranks 61st out of 77 countries with data for 2023.
- Is taxes on exports rising or falling in Vanuatu?
- Over the last ten years it is up 56.0%. 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 Taxes on exports (current LCU). Statizoid updates them automatically from the source API.
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About this data
Export taxes are taxes on goods or services that become payable to government when the goods leave the economic territory or when the services are delivered to non-residents. 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.