Taxes on international trade in Vanuatu
Vanuatu: Taxes on international trade was 4.90 billion current LCU in 2023. ▲ Rising
Taxes on international trade in Vanuatu, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Vanuatu recorded 4.90 billion current LCU for taxes on international trade in 2023. That is the highest value across all 21 years on record.
That represents a change of up 20.9% on the previous year and up 85.8% over ten years.
Over the whole period, taxes on international trade in Vanuatu peaked at 4.90 billion current LCU in 2023 and was at its lowest, 2.44 billion current LCU, in 1999.
That places Vanuatu 82nd out of 155 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 21 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.93 billion current LCU | 2.44 billion current LCU | 3.30 billion current LCU | 6 |
| 2000s | 3.90 billion current LCU | 3.90 billion current LCU | 3.90 billion current LCU | 1 |
| 2010s | 3.01 billion current LCU | 2.58 billion current LCU | 3.69 billion current LCU | 10 |
| 2020s | 3.83 billion current LCU | 3.14 billion current LCU | 4.90 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 taxes on international trade in Vanuatu?
- Taxes on international trade in Vanuatu was 4.90 billion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on international trade recorded in Vanuatu?
- The highest recorded value was 4.90 billion current LCU in 2023.
- What is the lowest taxes on international trade recorded in Vanuatu?
- The lowest recorded value was 2.44 billion current LCU in 1999.
- How does Vanuatu rank for taxes on international trade?
- Vanuatu ranks 82nd out of 155 countries with data for 2023.
- Is taxes on international trade rising or falling in Vanuatu?
- Over the last ten years it is up 85.8%. 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 Taxes on international trade (current LCU). 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
Taxes on international trade are taxes that become payable when goods cross the national or customs frontiers of the economic territory or when transactions in services exchange between residents and 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.