household debts in Vanuatu

Gross debt in Vanuatu

The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. Not included in the gross debt are the demands of a country to foreign ones.

The gross debt in Vanuatu in the period from 1998 to 2021 was between 73.6 million and 463.2 million USD. The hightest level within the past 23 years was reached in 2017. However, the liabilities in 2021 have been only 461 million USD

Based on the number of inhabitants, this is a debt of 1,444 USD per person. For comparison, the average debt per person in the same year in the European Union was 33,695 USD.

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Gross debt for the last 23 years in millions of USD

YearVanuatu totalVanuatu per capitaEU per capita
199873.56 M USD413 USD14,079 USD
199982.06 M USD453 USD14,032 USD
200098.22 M USD531 USD11,232 USD
200195.53 M USD505 USD11,255 USD
2002101.90 M USD525 USD12,258 USD
2003120.33 M USD605 USD15,286 USD
2004111.00 M USD544 USD17,595 USD
2005103.77 M USD496 USD18,327 USD
200697.37 M USD454 USD18,877 USD
2007100.60 M USD458 USD20,898 USD
2008125.32 M USD558 USD24,086 USD
2009125.19 M USD544 USD25,361 USD
2010135.64 M USD574 USD26,496 USD
2011164.03 M USD676 USD29,231 USD
2012144.18 M USD578 USD28,174 USD
2013141.28 M USD550 USD29,981 USD
2014156.50 M USD593 USD30,648 USD
2015275.60 M USD997 USD25,918 USD
2016341.45 M USD1,206 USD26,261 USD
2017463.17 M USD1,596 USD27,024 USD
2018414.02 M USD1,393 USD28,448 USD
2019422.34 M USD1,387 USD27,168 USD
2020426.31 M USD1,368 USD30,783 USD
2021460.83 M USD1,444 USD33,695 USD

Comparison of gross debt per capita with the European Union in U.S. dollars

      Vanuatu       European Union

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