National Debt (% of GDP): Vanuatu
Vanuatu's national debt (% of gdp) is currently 51.5% as of 2026. # Vanuatu National Debt (% of GDP) Vanuatu's national debt stood at 51.
Current (2026)
51.5%
+6.0% y/y
Peak (2017)
52.6%
Low (1991)
15.9%
Source
IMF World Economic Outlook
1991–2026 · 40 pts
National Debt (% of GDP) — Vanuatu
1991 — 2026
National Debt (% of GDP) — Vanuatu
Analysis# Vanuatu National Debt (% of GDP)
Vanuatu's national debt stood at 51.5% of GDP in 2026, approaching its all-time peak of 52.6% recorded in 2017. Since 1991, when debt represented just 15.9% of GDP, the ratio has surged 223.9%—a dramatic increase reflecting decades of fiscal pressures. The current level remains substantially elevated compared to the country's historical baseline, signaling persistent structural challenges in managing public finances.
Recent years reveal volatile movement rather than steady decline. After peaking in 2017, debt initially fell to 41.8% by 2023, suggesting temporary fiscal consolidation. However, an upward trend resumed from 2024 onward, with projections showing debt climbing to 51.5% by 2026. This reversal indicates renewed fiscal pressures, positioning Vanuatu near historical highs and suggesting continued debt management challenges ahead.
Historical Data
40 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | 59.4% | +2.95% |
| 2029 | 57.7% | +3.22% |
| 2028 | 55.9% | +3.71% |
| 2027 | 53.9% | +4.66% |
| 2026 | 51.5% | +5.97% |
| 2025 | 48.6% | +7.28% |
| 2024 | 45.3% | +8.37% |
| 2023 | 41.8% | -2.34% |
| 2022 | 42.8% | -11.75% |
| 2021 | 48.5% | +1.04% |
| 2020 | 48.0% | +6.43% |
| 2019 | 45.1% | -0.44% |
| 2018 | 45.3% | -13.88% |
| 2017 | 52.6% | +23.76% |
| 2016 | 42.5% | +17.08% |
| 2015 | 36.3% | +79.70% |
| 2014 | 20.2% | +8.60% |
| 2013 | 18.6% | -3.63% |
| 2012 | 19.3% | -9.39% |
| 2011 | 21.3% | +5.45% |
Show all 40 rows
| Year | Value | Change % |
|---|---|---|
| 2010 | 20.2% | -4.27% |
| 2009 | 21.1% | -0.47% |
| 2008 | 21.2% | +8.72% |
| 2007 | 19.5% | -12.16% |
| 2006 | 22.2% | -15.59% |
| 2005 | 26.3% | -13.49% |
| 2004 | 30.4% | -20.63% |
| 2003 | 38.3% | -1.29% |
| 2002 | 38.8% | +4.86% |
| 2001 | 37.0% | +2.49% |
| 2000 | 36.1% | +17.97% |
| 1999 | 30.6% | +9.29% |
| 1998 | 28.0% | +22.27% |
| 1997 | 22.9% | -0.87% |
| 1996 | 23.1% | -4.15% |
| 1995 | 24.1% | +11.57% |
| 1994 | 21.6% | +6.40% |
| 1993 | 20.3% | -3.33% |
| 1992 | 21.0% | +32.08% |
| 1991 | 15.9% | — |
Related Data
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