Vanuatu—Tax Revenue (% of GDP)
Category: Fiscal & MonetarySource: World Bank World Development Indicators ↗Global Rank: #73 of 139Series years: 2009–2023
Latest Value
16.5%
2023
YoY Change
+14.6%
2022 → 2023
Global Rank
#73
of 139 countries
Maximum
17.4%
2012
Minimum
12.6%
2020
CAGR
+0.0%
15 years
Last
16.5%
Previous
14.4%
Highest
17.4%
Lowest
12.6%
Unit
% of GDP
Source
World Bank World Development Indicators
Vanuatu's tax revenue (% of GDP) was 16.5% in 2023, ranking #73 out of 139 countries. This represents a +14.6% change from 2022. Over the past 15 years, the highest recorded value was 17.4% (2012) and the lowest was 12.6% (2020). Data sourced from the World Bank World Development Indicators.
Vanuatu — Tax Revenue (% of GDP): 16.5024007087237 % of GDP for reference year 2023. Source: World Bank (World Development Indicators). Reference year does not establish final observed status; publisher vintage is not verified here.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2023 | 16.5% | +14.6% |
| 2022 | 14.4% | +4.4% |
| 2021 | 13.8% | +9.9% |
| 2020 | 12.6% | -19.1% |
| 2019 | 15.5% | -1.6% |
| 2018 | 15.8% | +4.5% |
| 2017 | 15.1% | +4.6% |
| 2016 | 14.4% | -0.1% |
| 2015 | 14.4% | -10.3% |
| 2014 | 16.1% | +0.6% |
| 2013 | 16.0% | -7.9% |
| 2012 | 17.4% | +5.7% |
| 2011 | 16.4% | +1.5% |
| 2010 | 16.2% | -1.8% |
| 2009 | 16.5% |
Top Countries — Tax Revenue (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Lesotho | 35.4% | 2024 |
| 2 | Namibia | 33.9% | 2024 |
| 3 | Denmark | 33.4% | 2024 |
| 4 | New Zealand | 29.5% | 2024 |
| 5 | Luxembourg | 28.6% | 2024 |
| 6 | Macao SAR, China | 27.4% | 2024 |
| 7 | Greece | 27.4% | 2024 |
| 8 | Sweden | 27.2% | 2024 |
| 9 | United Kingdom | 26.9% | 2024 |
| 10 | South Africa | 25.9% | 2024 |
About This Indicator
Definition
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. 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.
Methodology
Data compiled by Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
Unit
% of GDP