Public and publicly guaranteed debt service in Vanuatu
Vanuatu: Public and publicly guaranteed debt service was 5.1% in 2022. ◆ Volatile
Public and publicly guaranteed debt service in Vanuatu, 1982–2022
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
In 2022, public and publicly guaranteed debt service in Vanuatu stood at 5.1%.
The figure is up 0.7% on the previous year and up 315.6% over ten years.
Over the whole period, public and publicly guaranteed debt service in Vanuatu peaked at 5.2% in 2019 and was at its lowest, 0.5%, in 1998.
Vanuatu ranks 74th of 120 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.
Public and publicly guaranteed debt service in Vanuatu, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 1982 | 0.9% | — |
| 1983 | 0.9% | -0.3% |
| 1984 | 0.7% | -23.8% |
| 1985 | 0.7% | -2.3% |
| 1986 | 1.2% | +79.7% |
| 1987 | 3.2% | +170.4% |
| 1988 | 1.6% | -49.4% |
| 1989 | 1.6% | -0.5% |
| 1990 | 1.6% | -1.5% |
| 1991 | 1.1% | -29.9% |
| 1992 | 1.4% | +21.1% |
| 1993 | 1.4% | +1.4% |
| 1994 | 1.2% | -13.4% |
| 1995 | 1.1% | -10.8% |
| 1996 | 1.0% | -9.4% |
| 1997 | 0.8% | -14.2% |
| 1998 | 0.5% | -35.8% |
| 1999 | 0.8% | +56.0% |
| 2000 | 0.9% | +5.0% |
| 2001 | 0.9% | +7.5% |
| 2002 | 1.2% | +23.4% |
| 2003 | 1.1% | -4.2% |
| 2004 | 1.3% | +16.4% |
| 2005 | 0.9% | -31.4% |
| 2006 | 1.5% | +64.0% |
| 2007 | 1.2% | -18.5% |
| 2008 | 1.2% | -1.1% |
| 2009 | 1.5% | +26.8% |
| 2010 | 1.4% | -4.1% |
| 2011 | 1.2% | -12.5% |
| 2012 | 1.2% | -1.4% |
| 2013 | 1.5% | +21.2% |
| 2014 | 1.6% | +8.5% |
| 2015 | 1.8% | +11.6% |
| 2016 | 2.0% | +9.0% |
| 2017 | 1.8% | -8.4% |
| 2018 | 3.1% | +72.2% |
| 2019 | 5.2% | +68.2% |
| 2020 | 4.6% | -11.5% |
| 2021 | 5.1% | +9.9% |
| 2022 | 5.1% | +0.7% |
Vanuatu compared with similar countries
- Vanuatu's 5.1% is below the median for lower middle income countries, which is 6.4%, 80% of the median. (43 countries reporting)
- Vanuatu's 5.1% is above the median for East Asia & Pacific, which is 4.7%, 1.1× the median. (16 countries reporting)
Biggest year-on-year movements
Years where Public and publicly guaranteed debt service 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 |
|---|---|---|---|
| 1987 | +170.4% | 1.2% | 3.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.4% | 0.7% | 3.2% | 8 |
| 1990s | 1.1% | 0.5% | 1.6% | 10 |
| 2000s | 1.2% | 0.9% | 1.5% | 10 |
| 2010s | 2.1% | 1.2% | 5.2% | 10 |
| 2020s | 4.9% | 4.6% | 5.1% | 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)
- Net financial flows, IDA (NFL, current US$), per square kilometre -41.84 NFL, current US$ per square kilometre (2023)
- Net financial flows, IDA (NFL, current US$), annual growth rate 979.41 % change on previous year (2024)
Frequently asked questions
- What is public and publicly guaranteed debt service in Vanuatu?
- Public and publicly guaranteed debt service in Vanuatu was 5.1% in 2022, according to International Debt Statistics, World Bank (WB).
- What is the highest public and publicly guaranteed debt service recorded in Vanuatu?
- The highest recorded value was 5.2% in 2019.
- What is the lowest public and publicly guaranteed debt service recorded in Vanuatu?
- The lowest recorded value was 0.5% in 1998.
- How does Vanuatu rank for public and publicly guaranteed debt service?
- Vanuatu ranks 74th out of 120 countries with data for 2022.
- Is public and publicly guaranteed debt service rising or falling in Vanuatu?
- Over the last ten years it is up 315.6%. 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 Public and publicly guaranteed debt service (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
Download this data
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About this data
Public and publicly guaranteed debt service to exports of goods, services, and income. 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. Exports of goods, services and primary income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts.