Vanuatu's claims on central government, etc. (% of GDP) was -4.84% in 2024, the latest year in the World Bank's World Development Indicators. That is down 3.49 percentage points from -1.35% in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | -4.84% | 2024 |
| Five years earlier | -12.98% | 2019 |
| Ten years earlier | -1.35% | 2014 |
| Highest | 5.04% | 2002 |
| Lowest | -17.99% | 2020 |
| Average since 2015 | -10.22% | 2015–2024 |
| First recorded | -8.16% | 1979 |
What the numbers say
In 2024, Vanuatu's claims on central government, etc. (% of GDP) rose 2.25 percentage points on 2023 (from -7.09% to -4.84%).
Across the 30 yearly changes before that (1994 to 2023), the average change was −0.02 percentage points and a typical year strayed about 2.43 percentage points from that (the standard deviation). This year's change was 0.9 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 6.06 percentage points in 2022 and the biggest yearly fall was 6.73 percentage points in 1987. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 there is no clear straight-line trend: a straight line explains less than 1% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Vanuatu had the 36th highest value of the 40 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Vanuatu | -4.84% | 2024 |
| World | 39.8% | 2024 |
| East Asia & Pacific | 49.42% | 2024 |
| Lower middle income | 21.01% | 2025 |
Closest to Vanuatu in the 2024 ranking
- Kyrgyz Republic — 32nd of 40: -2.02%
- Estonia — 33rd of 40: -2.84%
- Nicaragua — 34th of 40: -3.32%
- Denmark — 36th of 40: -5.78%
- United Arab Emirates — 37th of 40: -5.92%
- Mongolia — 38th of 40: -8.33%
What this measures
Claims on central government include loans to central government institutions net of deposits. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 46 values
| Year | Claims on central government, etc. (% of GDP) |
|---|---|
| 2024 | -4.84 |
| 2023 | -7.09 |
| 2022 | -9.39 |
| 2021 | -15.45 |
| 2020 | -17.99 |
| 2019 | -12.98 |
| 2018 | -10.79 |
| 2017 | -8.8 |
| 2016 | -8.03 |
| 2015 | -6.83 |
| 2014 |
Claims on central government, etc. (% of GDP) in nearby economies
- Australia — 7.99% (2025)
- Brunei Darussalam — 33.27% (2025)
- Cambodia — -11.72% (2025)
- China — 45.99% (2024)
- Fiji — 43.37% (2025)
- Hong Kong SAR, China — -18.42% (2025)
- Indonesia — 12.29% (2025)
- Japan — 116.59% (2025)
- Korea, Rep. — 3.37% (2024)
- Macao SAR, China — -79.46% (2025)
More financial sector data for Vanuatu
- DEC alternative conversion factor (LCU per US$) — US$120.33 (2025)
- Official exchange rate (LCU per US$, period average) — US$120.32 (2025)
- Consumer price index (2010 = 100) — 152.47 (2025)
- Net domestic credit (current LCU) — 69.26 billion (2024)
- Net foreign assets (current LCU) — 95.78 billion (2024)
- Broad money (current LCU) — 128.27 billion (2024)
- Inflation, consumer prices (annual % growth) — 0.66% (2025)
- Claims on central government (annual growth as % of broad money) — 2.17% (2024)
- Claims on private sector (annual growth as % of broad money) — 3.31% (2024)
Reading data like this
Questions people ask
- What is Vanuatu's claims on central government, etc. (% of GDP)?
- -4.84% in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1979?
- It is up 3.32 percentage points from -8.16% in 1979. The highest value was 5.04% in 2002 and the lowest -17.99% in 2020.
- How does Vanuatu rank?
- 36th highest of 40 economies with data for 2024.
- Is the latest change in claims on central government, etc. (% of GDP) unusual for Vanuatu?
- In 2024, Vanuatu's claims on central government, etc. (% of GDP) rose 2.25 percentage points on 2023 (from -7.09% to -4.84%). Across the 30 yearly changes before that (1994 to 2023), the average change was −0.02 percentage points and a typical year strayed about 2.43 percentage points from that (the standard deviation). This year's change was 0.9 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator FS.AST.CGOV.GD.ZS, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF); World Development Indicators Database, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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