Share of government expenditure going to interest payments in Vanuatu

Vanuatu: Share of government expenditure going to interest payments was 2.96 in 2023. ▬ Flat

Latest (2023)
2.96
Change on year
up 10.8%
World rank
115th
of 152 countries
All-time high
4.94
in 1990
All-time low
2.21
in 2010
Years of data
21
1990–2023

Share of government expenditure going to interest payments in Vanuatu, 1990–2023

0123451990200620231990: 4.91995: 2.71996: 2.51997: 2.31998: 2.51999: 3.82009: 2.42010: 2.22011: 32012: 2.92013: 3.52014: 3.32015: 3.72016: 4.22017: 3.82018: 3.72019: 3.12020: 2.42021: 2.52022: 2.72023: 3

Source: Our World in Data.

Analysis

In 2023, share of government expenditure going to interest payments in Vanuatu stood at 2.96.

Compared with earlier readings it is up 10.8% on the previous year and down 16.2% over ten years.

Over the whole period, share of government expenditure going to interest payments in Vanuatu peaked at 4.94 in 1990 and was at its lowest, 2.21, in 2010.

Vanuatu ranks 115th of 152 countries on this measure, in the bottom quarter.

Share of government expenditure going to interest payments in Vanuatu, year by year

Annual values for Share of government expenditure going to interest payments in Vanuatu, 1990 to 2023.
Year Value Change
1990 4.94
1995 2.68 -45.8%
1996 2.48 -7.3%
1997 2.27 -8.5%
1998 2.52 +10.7%
1999 3.79 +50.9%
2009 2.39 -36.9%
2010 2.21 -7.8%
2011 2.99 +35.6%
2012 2.95 -1.5%
2013 3.54 +19.9%
2014 3.32 -6.1%
2015 3.65 +10.0%
2016 4.19 +14.8%
2017 3.79 -9.5%
2018 3.72 -2.1%
2019 3.15 -15.3%
2020 2.42 -23.3%
2021 2.54 +5.2%
2022 2.68 +5.3%
2023 2.96 +10.8%

Averages by decade

DecadeAverage LowestHighest Years
1990s 3.12 2.27 4.94 6
2000s 2.39 2.39 2.39 1
2010s 3.35 2.21 4.19 10
2020s 2.65 2.42 2.96 4

Countries ranked near Vanuatu

  1. 112 Cyprus 3.05 compare
  2. 113 Australia 2.97 compare
  3. 114 New Zealand 2.97 compare
  4. 116 Uzbekistan 2.95 compare
  5. 117 Saint Kitts and Nevis 2.94 compare
  6. 118 Slovenia 2.79 compare

See the full ranking of 152 places →

More reference data data for Vanuatu

All data for Vanuatu →

Frequently asked questions

What is share of government expenditure going to interest payments in Vanuatu?
Share of government expenditure going to interest payments in Vanuatu was 2.96 in 2023, according to Our World in Data.
What is the highest share of government expenditure going to interest payments recorded in Vanuatu?
The highest recorded value was 4.94 in 1990.
What is the lowest share of government expenditure going to interest payments recorded in Vanuatu?
The lowest recorded value was 2.21 in 2010.
How does Vanuatu rank for share of government expenditure going to interest payments?
Vanuatu ranks 115th out of 152 countries with data for 2023.
Is share of government expenditure going to interest payments rising or falling in Vanuatu?
Over the last ten years it is down 16.2%. The long-run trend across the full record is flat.
Where does this Vanuatu data come from?
The figures come from Our World in Data, published as part of Share of government expenditure going to interest payments. Statizoid updates them automatically from the source API.

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Share of government expenditure going to interest payments in Vanuatu. Statizoid, drawing on Our World in Data. Retrieved 23 August 2026, from https://reference.statizoid.com/stat/share-of-government-expenditure-going-to-interest-payments/vanuatu/

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About this data

Indicator
Share of government expenditure going to interest payments
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
152 places, 4,278 data points, 1972–2024
Last refreshed