Domestic credit to private sector in Vanuatu
Vanuatu: Domestic credit to private sector was 48.5% in 2024. ▲ Rising
Domestic credit to private sector in Vanuatu, 1979–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2024, domestic credit to private sector in Vanuatu stood at 48.5%.
That represents a change of down 3.5% on the previous year and down 27.0% over ten years.
Over the whole period, domestic credit to private sector in Vanuatu peaked at 73.7% in 2012 and was at its lowest, 27.3%, in 1985.
That places Vanuatu 80th out of 187 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 46 years of available data.
Domestic credit to private sector in Vanuatu, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1979 | 30.2% | — |
| 1980 | 32.0% | +5.7% |
| 1981 | 31.4% | -1.9% |
| 1982 | 29.5% | -5.9% |
| 1983 | 29.9% | +1.4% |
| 1984 | 28.1% | -6.3% |
| 1985 | 27.3% | -2.5% |
| 1986 | 29.5% | +8.0% |
| 1987 | 30.2% | +2.3% |
| 1988 | 30.9% | +2.4% |
| 1989 | 31.3% | +1.1% |
| 1990 | 34.0% | +8.6% |
| 1991 | 30.4% | -10.6% |
| 1992 | 35.9% | +18.1% |
| 1993 | 35.4% | -1.4% |
| 1994 | 33.9% | -4.2% |
| 1995 | 32.9% | -2.9% |
| 1996 | 34.2% | +3.8% |
| 1997 | 31.0% | -9.4% |
| 1998 | 32.5% | +4.8% |
| 1999 | 36.0% | +10.8% |
| 2000 | 31.5% | -12.3% |
| 2001 | 33.4% | +6.0% |
| 2002 | 37.1% | +10.9% |
| 2003 | 38.5% | +3.9% |
| 2004 | 39.8% | +3.2% |
| 2005 | 43.6% | +9.6% |
| 2006 | 42.4% | -2.7% |
| 2007 | 43.8% | +3.2% |
| 2008 | 55.1% | +25.7% |
| 2009 | 64.8% | +17.8% |
| 2010 | 67.6% | +4.2% |
| 2011 | 69.4% | +2.6% |
| 2012 | 73.7% | +6.3% |
| 2013 | 63.8% | -13.5% |
| 2014 | 66.5% | +4.2% |
| 2015 | 62.0% | -6.8% |
| 2016 | 59.4% | -4.1% |
| 2017 | 56.8% | -4.3% |
| 2018 | 54.4% | -4.3% |
| 2019 | 52.1% | -4.1% |
| 2020 | 53.8% | +3.2% |
| 2021 | 53.0% | -1.6% |
| 2022 | 50.6% | -4.4% |
| 2023 | 50.3% | -0.6% |
| 2024 | 48.5% | -3.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 30.2% | 30.2% | 30.2% | 1 |
| 1980s | 30.0% | 27.3% | 32.0% | 10 |
| 1990s | 33.6% | 30.4% | 36.0% | 10 |
| 2000s | 43.0% | 31.5% | 64.8% | 10 |
| 2010s | 62.6% | 52.1% | 73.7% | 10 |
| 2020s | 51.2% | 48.5% | 53.8% | 5 |
Countries ranked near Vanuatu
- 77 Trinidad and Tobago 50.4% compare
- 78 Saudi Arabia 50.1% compare
- 79 Greece 48.5% compare
- 81 Bosnia and Herzegovina 48.1% compare
- 82 Czechia 48.0% compare
- 83 Bulgaria 47.1% compare
More financial sector data for Vanuatu
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0042 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 17.14 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0031 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 12.52 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0042 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 17.14 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is domestic credit to private sector in Vanuatu?
- Domestic credit to private sector in Vanuatu was 48.5% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector recorded in Vanuatu?
- The highest recorded value was 73.7% in 2012.
- What is the lowest domestic credit to private sector recorded in Vanuatu?
- The lowest recorded value was 27.3% in 1985.
- How does Vanuatu rank for domestic credit to private sector?
- Vanuatu ranks 80th out of 187 countries with data for 2024.
- Is domestic credit to private sector rising or falling in Vanuatu?
- Over the last ten years it is down 27.0%. The long-run trend across the full record is rising.
- Where does this Vanuatu data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. 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.