Debt service (PPG and IMF only, % of exports of goods, services and) in Vanuatu
Vanuatu: Debt service (PPG and IMF only, % of exports of goods, services and) was 5.9% in 2022. ◆ Volatile
Debt service (PPG and IMF only, % of exports of goods, services and) in Vanuatu, 1999–2022
Source: International Debt Statistics, World Bank (WB).
Analysis
In 2022, debt service (ppg and imf only, % of exports of goods, services and) in Vanuatu stood at 5.9%.
Compared with earlier readings it is up 0.1% on the previous year and up 381.5% over ten years.
Over the whole period, debt service (ppg and imf only, % of exports of goods, services and) in Vanuatu peaked at 6.5% in 2019 and was at its lowest, 1.2%, in 2012.
Vanuatu ranks 74th of 118 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service (PPG and IMF only, % of exports of goods, services and) in Vanuatu, year by year
| Year | Value | Change |
|---|---|---|
| 1999 | 1.4% | — |
| 2000 | 1.4% | +2.9% |
| 2001 | 1.2% | -12.1% |
| 2002 | 1.5% | +17.8% |
| 2003 | 1.3% | -8.5% |
| 2004 | 1.6% | +18.5% |
| 2005 | 1.2% | -21.2% |
| 2006 | 1.9% | +53.4% |
| 2007 | 1.5% | -20.4% |
| 2008 | 1.2% | -18.4% |
| 2009 | 1.5% | +21.4% |
| 2010 | 1.4% | -3.8% |
| 2011 | 1.3% | -13.3% |
| 2012 | 1.2% | -1.8% |
| 2013 | 1.5% | +21.7% |
| 2014 | 1.6% | +8.1% |
| 2015 | 1.8% | +11.8% |
| 2016 | 2.0% | +10.5% |
| 2017 | 1.8% | -8.1% |
| 2018 | 3.7% | +102.4% |
| 2019 | 6.5% | +74.1% |
| 2020 | 6.2% | -4.1% |
| 2021 | 5.9% | -4.7% |
| 2022 | 5.9% | +0.1% |
Vanuatu compared with similar countries
- Vanuatu's 5.9% is below the median for lower middle income countries, which is 8.4%, 70% of the median. (43 countries reporting)
- Vanuatu's 5.9% is above the median for East Asia & Pacific, which is 4.9%, 1.2× the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.4% | 1.4% | 1.4% | 1 |
| 2000s | 1.4% | 1.2% | 1.9% | 10 |
| 2010s | 2.3% | 1.2% | 6.5% | 10 |
| 2020s | 6.0% | 5.9% | 6.2% | 3 |
Countries ranked near Vanuatu
More external debt data for Vanuatu
- IFC, private nonguaranteed 0 NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 0 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 0 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 1.1% (2024)
- Net financial flows, IDA 4.49 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita 13.68 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0.0035 NFL, current US$ per US$ of GDP (2024)
- Public and publicly guaranteed debt service 5.1% (2022)
- Net financial flows, IDA (NFL, current US$), per square kilometre -41.84 NFL, current US$ per square kilometre (2023)
Frequently asked questions
- What is debt service (ppg and imf only, % of exports of goods, services and) in Vanuatu?
- Debt service (ppg and imf only, % of exports of goods, services and) in Vanuatu was 5.9% in 2022, according to International Debt Statistics, World Bank (WB).
- What is the highest debt service (ppg and imf only, % of exports of goods, services and) recorded in Vanuatu?
- The highest recorded value was 6.5% in 2019.
- What is the lowest debt service (ppg and imf only, % of exports of goods, services and) recorded in Vanuatu?
- The lowest recorded value was 1.2% in 2012.
- How does Vanuatu rank for debt service (ppg and imf only, % of exports of goods, services and)?
- Vanuatu ranks 74th out of 118 countries with data for 2022.
- Is debt service (ppg and imf only, % of exports of goods, services and) rising or falling in Vanuatu?
- Over the last ten years it is up 381.5%. The long-run trend across the full record is volatile.
- Where does this Vanuatu data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Debt service (PPG and IMF only, % of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
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About this data
Debt service, the sum of principal repayments and interest actually paid in currency, goods, or services, is expressed as a percentage of exports of goods and services--all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, net exports of goods under merchanting, nonmonetary gold, and services. This series differs from the standard debt to exports series in that it covers only long-term public and publicly guaranteed debt and repayments (repurchases and charges) to the IMF.