Multilateral debt service (% of public and publicly guaranteed debt) in Vanuatu
Vanuatu: Multilateral debt service (% of public and publicly guaranteed debt) was 30.7% in 2024. ▲ Rising
Multilateral debt service in Vanuatu, 1984–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of public and publicly guaranteed debt service.
Analysis
Vanuatu recorded 30.7% for multilateral debt service in 2024.
That represents a change of up 13.5% on the previous year and down 30.1% over ten years.
Over the whole period, multilateral debt service in Vanuatu peaked at 84.3% in 2006 and was at its lowest, 2.1%, in 1984.
Vanuatu ranks 75th of 123 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 41 years of available data.
Multilateral debt service (% of public and publicly guaranteed debt) in Vanuatu, year by year
| Year | % of public and publicly guaranteed debt service | Change |
|---|---|---|
| 1984 | 2.1% | — |
| 1985 | 6.1% | +190.7% |
| 1986 | 7.4% | +21.5% |
| 1987 | 10.5% | +42.5% |
| 1988 | 22.1% | +109.7% |
| 1989 | 24.9% | +13.0% |
| 1990 | 38.9% | +56.1% |
| 1991 | 56.5% | +45.2% |
| 1992 | 52.6% | -6.8% |
| 1993 | 53.1% | +0.8% |
| 1994 | 52.3% | -1.4% |
| 1995 | 51.5% | -1.5% |
| 1996 | 57.3% | +11.2% |
| 1997 | 60.3% | +5.4% |
| 1998 | 56.7% | -6.0% |
| 1999 | 73.0% | +28.8% |
| 2000 | 66.1% | -9.5% |
| 2001 | 69.1% | +4.6% |
| 2002 | 72.4% | +4.7% |
| 2003 | 73.4% | +1.4% |
| 2004 | 78.7% | +7.3% |
| 2005 | 72.3% | -8.1% |
| 2006 | 84.3% | +16.6% |
| 2007 | 80.3% | -4.7% |
| 2008 | 77.5% | -3.5% |
| 2009 | 82.0% | +5.7% |
| 2010 | 80.1% | -2.2% |
| 2011 | 76.6% | -4.4% |
| 2012 | 71.7% | -6.5% |
| 2013 | 50.9% | -28.9% |
| 2014 | 43.9% | -13.7% |
| 2015 | 39.6% | -10.0% |
| 2016 | 32.8% | -17.1% |
| 2017 | 32.2% | -1.9% |
| 2018 | 28.4% | -11.8% |
| 2019 | 13.6% | -52.0% |
| 2020 | 34.6% | +154.0% |
| 2021 | 29.9% | -13.5% |
| 2022 | 21.7% | -27.5% |
| 2023 | 27.1% | +24.7% |
| 2024 | 30.7% | +13.5% |
Vanuatu compared with similar countries
- Vanuatu's 30.7% is below the median for lower middle income countries, which is 34.3%, 89% of the median. (43 countries reporting)
- Vanuatu's 30.7% is above the median for East Asia & Pacific, which is 29.9%, 1.0× the median. (16 countries reporting)
Biggest year-on-year movements
Years where Multilateral debt service (% of public and publicly guaranteed debt) in Vanuatu changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1985 | +190.7% | 2.1% | 6.1% |
| 2020 | +154.0% | 13.6% | 34.6% |
| 1988 | +109.7% | 10.5% | 22.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 12.2% | 2.1% | 24.9% | 6 |
| 1990s | 55.2% | 38.9% | 73.0% | 10 |
| 2000s | 75.6% | 66.1% | 84.3% | 10 |
| 2010s | 47.0% | 13.6% | 80.1% | 10 |
| 2020s | 28.8% | 21.7% | 34.6% | 5 |
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 multilateral debt service in Vanuatu?
- Multilateral debt service in Vanuatu was 30.7% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest multilateral debt service recorded in Vanuatu?
- The highest recorded value was 84.3% in 2006.
- What is the lowest multilateral debt service recorded in Vanuatu?
- The lowest recorded value was 2.1% in 1984.
- How does Vanuatu rank for multilateral debt service?
- Vanuatu ranks 75th out of 123 countries with data for 2024.
- Is multilateral debt service rising or falling in Vanuatu?
- Over the last ten years it is down 30.1%. The long-run trend across the full record is rising.
- Where does this Vanuatu data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Multilateral debt service (% of public and publicly guaranteed debt service). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 41 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Multilateral debt service is the repayment of principal and interest to the World Bank, regional development banks, and other multilateral agencies. public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity.