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Tonga

Headline economic indicators for Tonga, with the most recent official readings.

Prices

Prices — Tonga
Indicator Value Change
Inflation rate · 5.6% +2.41 (+75.8%)
Consumer price index · 174.3 +9.23 (+5.6%)
GDP deflator inflation · 3.0% -5.29 (-64.1%)

GDP

GDP — Tonga
Indicator Value Change
GDP growth rate · 2.8% +1.08 (+63.1%)
GDP per capita · 6,547.19 +331.80 (+5.3%)
GDP · 679,218,218.58 +31,729,975 (+4.9%)
GDP, PPP · 899,928,703 +48,365,957 (+5.7%)
GDP per capita, PPP · 8,675 +500.33 (+6.1%)
GDP per capita growth · 3.2% +1.10 (+51.7%)
GNI per capita · 6,840 +570.00 (+9.1%)
Agriculture to GDP · 18.6% -0.39 (-2.1%)
Industry to GDP · 17.7% +2.81 (+18.9%)
Manufacturing to GDP · 5.5% +0.58 (+11.6%)
Services to GDP · 49.5% -0.45 (-0.9%)
Household consumption to GDP · 96.2% -3.61 (-3.6%)
Gross capital formation to GDP · 26.4% +0.46 (+1.8%)
Gross savings to GDP · 18.2% +0.27 (+1.5%)

Labour

Labour — Tonga
Indicator Value Change
Unemployment rate · 2.0% +0.04 (+2.2%)
Labour force participation rate · 49.8% -0.39 (-0.8%)
Female labour force participation rate · 42.3% -0.15 (-0.4%)
Youth unemployment rate · 6.0% +0.04 (+0.7%)
Employment to population ratio · 48.8% -0.40 (-0.8%)
Employment in agriculture · 23.6% -0.63 (-2.6%)
Employment in industry · 23.3% +0.05 (+0.2%)
Employment in services · 53.0% +0.57 (+1.1%)

Money

Money — Tonga
Indicator Value Change
Real interest rate · 4.5% +4.93 (+1,087.4%)
Broad money to GDP · 59.7% -1.28 (-2.1%)
Private sector credit to GDP · 34.1% -0.69 (-2.0%)
Lending rate · 7.6% -0.20 (-2.5%)
Bank deposit rate · 1.5% -0.05 (-3.1%)
Bank nonperforming loans · 13.5% -0.29 (-2.1%)
Official exchange rate · 2.41 +0.04 (+1.6%)

Trade

Trade — Tonga
Indicator Value Change
Current account to GDP · -4.4% +0.87 (+16.5%)
Exports to GDP · 16.9% +2.16 (+14.6%)
Imports to GDP · 60.7% -4.20 (-6.5%)
Trade to GDP · 77.6% -2.04 (-2.6%)
Exports of goods and services · 109,419,833.23 +22,262,066 (+25.5%)
Imports of goods and services · 392,898,121.21 +9,367,226 (+2.4%)
Trade balance, goods and services (annual) · -317,187,815.57 -38,649,693 (-13.9%)
Current account balance (annual) · -29,954,881.76 +4,247,272 (+12.4%)
Foreign direct investment to GDP · 2.6% +4.50 (+241.2%)
Remittances received to GDP · 39.3% -0.09 (-0.2%)
Total reserves, including gold · 412,716,557.11 +35,417,808 (+9.4%)
Reserves in months of imports · 11.0 +0.16 (+1.5%)
External debt to GNI · 35.4% -3.16 (-8.2%)

Government

Government — Tonga
Indicator Value Change
Government debt to GDP · 43.1% +0.03 (+0.1%)
Government revenue to GDP · 22.6% +0.32 (+1.4%)
Government expense to GDP · 34.7% -5.30 (-13.3%)
Tax revenue to GDP · 20.5% +0.05 (+0.3%)
Government budget balance to GDP · 5.3% +6.07 (+744.4%)
Government consumption to GDP · 23.5% -1.55 (-6.2%)
Education spending to GDP · 5.3% +0.15 (+2.9%)
Health spending to GDP · 7.4% -0.59 (-7.4%)

Demography

Demography — Tonga
Indicator Value Change
Population · 103,742 -433.00 (-0.4%)
Population growth · -0.4% -0.01 (-3.0%)
Life expectancy · 73.1 +0.17 (+0.2%)
Fertility rate · 3.10 -0.03 (-0.9%)
Birth rate · 23.0 -0.08 (-0.3%)
Death rate · 6.4 +0.00 (+0.0%)
Urban population share · 21.2% +0.01 (+0.0%)
Population aged 65 and over · 6.9% +0.14 (+2.0%)
Under-five mortality rate · 9.5 -0.30 (-3.1%)
Population density · 144.7 -0.59 (-0.4%)
Net migration · -2,150 -1.00 (-0.0%)
Gini index · 27.1 -6.40 (-19.1%)

Economies nearby

Comparable readings from neighbouring economies.