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Government Finance of Vanuatu

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Overview Economy Population Trade Government Finance Society Environment

Tax Revenue Composition

98.0%
  • Property taxes: 2.0%
  • Goods and services taxes: 98.0%
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Property taxes
2.0%
Goods and services taxes
98.0%

Source: OECD Global Revenue Statistics Database, 2023.

Government Debt

Government Gross Debt (% of GDP) 43.2% #119 / 184 2026
Government Gross Debt (Local currency - VUV) 74.7B - 2026
Government Net Debt (% of GDP) No data - -
Government Net Debt (Local currency - VUV) No data - -

Fiscal Balance

Fiscal Balance (% of GDP) -4.2% #127 / 189 2026
Fiscal Balance (Local currency - VUV) -7.26B - 2026
Primary Fiscal Balance (% of GDP) -3.3% #150 / 182 2026
Primary Fiscal Balance (Local currency - VUV) -5.72B - 2026

Revenue and Spending

Government Revenue (% of GDP) 28.1% #91 / 189 2026
Government Revenue (Local currency - VUV) 48.6B - 2026
Government Spending (% of GDP) 32.3% #83 / 189 2026
Government Spending (Local currency - VUV) 55.9B - 2026

International Reserves

Total Reserves (USD) 615M #144 / 163 2024

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