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Economy of Bosnia and Herzegovina vs Tonga compared: GDP & Debt

Updated on by Georank

Bosnia and Herzegovina has a GDP of $32.6B compared to $679M for Tonga, ranking 110/197 and 191/197 by economy size, respectively.

Bosnia and Herzegovina has $9.76B in government debt (29.9% of GDP), compared to $186M (27.4% of GDP) in Tonga.

Bosnia and Herzegovina vs Tonga GDP by year

Bosnia and Herzegovina
Tonga
1x
Year GDP, current $
Bosnia Tonga
2025 $32,599,982,936 $679,218,219
2024 $29,737,363,103 $647,488,244
2023 $27,592,361,498 $591,139,734
2022 $24,534,663,636 $556,514,556
2021 $23,672,712,121 $519,306,339
2020 $20,226,038,370 $506,571,487
2019 $20,482,608,984 $506,031,248
2018 $20,484,058,033 $493,530,767
2017 $18,326,373,136 $459,976,847
2016 $17,116,926,554 $420,828,255
2015 $16,404,348,361 $437,525,539
2014 $18,558,734,107 $440,997,735
2013 $18,179,109,209 $451,788,498
2012 $17,226,735,996 $471,122,971
2011 $18,644,233,537 $414,143,828
2010 $17,176,315,804 $366,887,375
2009 $17,613,949,091 $312,415,028
2008 $19,112,796,623 $344,438,844
2007 $15,778,734,264 $298,519,623
2006 $12,864,841,906 $292,232,703
2005 $11,222,796,337 $261,823,805
2004 $10,156,541,221 $230,678,011
2003 $8,498,894,359 $202,246,591
2002 $6,728,220,983 $182,764,281
2001 $5,800,615,375 $181,117,230
2000 $5,567,772,769 $204,848,488
1999 $4,686,256,363 $199,208,718
1998 $4,116,774,301 $191,504,893
1997 $3,671,909,673 $214,991,452
1996 $2,786,045,322 $222,100,576
1995 $1,866,572,954 $208,871,666
1994 $1,255,802,469 $195,990,986
1993 $3,630,668,950 $138,489,884
1992 $4,735,044,707 $137,066,291
1991 $6,122,959,184 $132,201,141
1990 $7,753,478,261 $113,563,822
1989 - $106,344,855
1988 - $106,657,267
1987 - $81,667,133
1986 - $68,195,856
1985 - $60,058,663
1984 - $64,248,355
1983 - $60,863,964
1982 - $62,068,161
1981 - $62,242,013
1980 - $53,260,077
1979 - $44,667,002
1978 - $41,567,472
1977 - $34,139,388
1976 - $30,036,417
1975 - $32,506,742

Data sources: World Bank | Economy & Growth (1975–2025, retrieved 2026-07-08).

GeoRank.org/economy/bosnia-and-herzegovina/tonga | CC BY

GDP per capita in Bosnia and Herzegovina vs Tonga by year

Bosnia and Herzegovina
GDP per capita

GDP per capita, PPP
Tonga
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bosnia Tonga
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $10,382 - $6,547 -
2024 $9,398 $25,043 $6,215 -
2023 $8,663 $23,376 $5,652 $7,803
2022 $7,656 $21,651 $5,298 $7,296
2021 $7,295 $18,287 $4,923 $6,929
2020 $6,130 $16,370 $4,792 $6,676
2019 $6,122 $16,429 $4,789 $6,473
2018 $6,048 $14,859 $4,675 $6,393
2017 $5,345 $13,627 $4,366 $6,229
2016 $4,929 $12,899 $3,988 $5,920
2015 $4,662 $11,845 $4,124 $5,472
2014 $5,206 $11,168 $4,137 $5,336
2013 $5,035 $10,808 $4,219 $5,120
2012 $4,694 $10,121 $4,384 $4,996
2011 $4,983 $9,761 $3,850 $4,855
2010 $4,506 $9,086 $3,416 $4,465
2009 $4,540 $8,698 $2,914 $4,384
2008 $4,842 $8,587 $3,218 $4,600
2007 $3,931 $7,686 $2,797 $4,316
2006 $3,166 $6,869 $2,750 $4,327
2005 $2,740 $5,956 $2,478 $4,315
2004 $2,453 $5,407 $2,195 $4,235
2003 $2,034 $4,917 $1,936 $4,231
2002 $1,607 $4,665 $1,759 $4,171
2001 $1,388 $4,307 $1,754 $3,955
2000 $1,338 $4,148 $1,995 $3,834
1999 $1,135 $3,875 $1,952 $3,636
1998 $1,007 $3,524 $1,889 $3,527
1997 $914 $3,041 $2,136 $3,434
1996 $719 $2,269 $2,215 $3,410
1995 $502 $1,507 $2,084 $3,347
1994 $337 $1,269 $1,957 $3,088
1993 $930 $1,067 $1,383 $2,882
1992 $1,118 $982 $1,370 $2,716
1991 $1,373 $975 $1,323 $2,652
1990 $1,743 $1,043 $1,139 $2,416
1989 - - $1,070 -
1988 - - $1,078 -
1987 - - $830 -
1986 - - $696 -
1985 - - $613 -
1984 - - $656 -
1983 - - $621 -
1982 - - $633 -
1981 - - $636 -
1980 - - $545 -
1979 - - $458 -
1978 - - $428 -
1977 - - $353 -
1976 - - $315 -
1975 - - $349 -

Data sources: World Bank | Economy & Growth (1975–2025, retrieved 2026-07-08).

GeoRank.org/economy/bosnia-and-herzegovina/tonga | CC BY

Bosnia and Herzegovina's GDP per capita is $10,382, ranking 87/197, compared to $6,547 in Tonga, ranking 110/197. Adjusted for purchasing power (GDP per capita PPP), Bosnia and Herzegovina ranks 83rd at $25,043, while Tonga ranks 144th at $7,803.

Economic indicators

Bosnia Tonga
Gross domestic product
$32.6B
2025
$679M
2025
GDP rank
110/197
2025
191/197
2025
GDP growth
2.13%
2024-2025
2.8%
2024-2025
GDP per capita
$10,382
2025
$6,547
2025
GDP per capita rank
87/197
2025
110/197
2025
GDP per capita, PPP
$25,043
2024
$7,803
2023
GDP per capita PPP rank
83/197
2024
144/197
2023
Government debt
$9.76B
2025
$186M
2025
Debt-to-GDP ratio
29.9%
2025
27.4%
2025
Government debt per person
$3,108
2025
$1,793
2025
Government debt per person rank
104/185
2025
123/185
2025
Average annual personal income after taxes
$9,479
2026
$4,104
2026
Income share by richest 10%
23.6%
2021
22%
2021
Income share by poorest 10%
3.3%
2021
4%
2021
Government expenditure, % of GDP
44.9%
2025
46.8%
2025
Consumer prices inflation
4%
2024-2025
5.59%
2024-2025
Unemployment rate
10.7%
2024
1.65%
2023
Population
3114736
103283

Spending and national debt comparison by year

Bosnia and Herzegovina
Spending

Debt
Tonga
Spending

Debt
1x
Year % of GDP
Bosnia Tonga
Government spending Government debt Government spending Government debt
2025 44.9% 29.9% 46.8% 27.4%
2024 43.3% 29.4% 44.3% 31.9%
2023 41.9% 29% 41.5% 37.2%
2022 39.4% 31.2% 41.3% 40.2%
2021 40.6% 35.8% 44.5% 43%
2020 45.4% 37.2% 37.1% 41.7%
2019 39.9% 32.8% 39% 41.8%
2018 40.4% 34.5% 39.3% 45.5%
2017 40% 38.6% 39.7% 44.7%
2016 41.5% 44.9% 37.2% 49.4%
2015 42.7% 46.4% 37.4% 51.1%
2014 46.2% 47.1% 31.5% 47.4%
2013 43.8% 43.8% 34.3% 48.9%
2012 47.9% 43.6% 32% 60%
2011 46.4% 40.9% 32.6% 51.9%
2010 48.7% 42.2% 28.4% 44.7%
2009 49% 36.4% 23.9% 39.7%
2008 48.4% 30.3% 24% 34%
2007 45.2% 18.2% 23.2% 37.8%
2006 44.2% 20.6% 25.6% 39.6%
2005 44.5% 24.9% 19.8% 43.3%
2004 45.6% 25.5% 19.3% 52.2%
2003 47.3% 27.6% 20% 56.2%
2002 47.4% 31.1% 21.3% 60.7%
2001 50.2% 35.1% 19.1% 53.4%
2000 56.2% 34.6% 20% 43.6%
1999 57.5% 56% 18.8% 38.4%
1998 54.4% 54.4% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1998–2025, retrieved 2026-07-08).

GeoRank.org/economy/bosnia-and-herzegovina/tonga | CC BY

In 2025, Bosnia and Herzegovina's government spending was $14.6B, accounting for 44.9% of its GDP, while Tonga spent $318M, or 46.8% of GDP.

Debt-to-GDP ratio is 29.9% in Bosnia and Herzegovina and 27.4% in Tonga, ranking 156/185 and 162/185, respectively.

Government deficit by year

Deficit/surplus
Bosnia and Herzegovina

Tonga
1x
Year Deficit/surplus, % of GDP
Bosnia Tonga
2025 -2.41% 4.86%
2024 -1.96% 3.6%
2023 -1.67% 5.28%
2022 0.15% -0.09%
2021 -0.18% -0.87%
2020 -4.5% 5.15%
2019 1.37% 3.2%
2018 1.63% 2.9%
2017 1.79% 3.58%
2016 0.34% 1.47%
2015 -0.19% -2.75%
2014 -2.87% 6.38%
2013 -2.19% -1.3%
2012 -3.76% -1.74%
2011 -2.73% -6.02%
2010 -4.06% -1.22%
2009 -5.34% 6.85%
2008 -3.82% 2.14%
2007 0.17% 5.39%
2006 2.08% 1.34%
2005 0.74% 4.23%
2004 -0.18% 4.23%
2003 -0.44% 2.37%
2002 -2.99% 2.59%
2001 -3.44% 2.23%
2000 -4.63% 1.35%
1999 -2.78% 1.55%
1998 -0.98% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1998–2025, retrieved 2026-07-08).

GeoRank.org/economy/bosnia-and-herzegovina/tonga | CC BY

In 2025, Bosnia and Herzegovina's government deficit, the difference between spending and revenue, was $784M, equivalent to 2.41% of GDP. This compares to Tonga's surplus of $33M, or 4.86% of GDP.

Over the past 27 years, Bosnia and Herzegovina recorded a fiscal deficit in 19 of those years, while Tonga ran a deficit in 7 years. On average, Bosnia and Herzegovina posted an annual deficit equal to 1.55% of GDP, compared to surplus of 2.1% of GDP for Tonga.

Inflation comparison by year

Inflation
Bosnia and Herzegovina

Tonga
1x
Year Consumer prices inflation
Bosnia Tonga
2025 4% 5.59%
2024 1.7% 3.18%
2023 6.1% 6.35%
2022 14% 11%
2021 2% 5.64%
2020 -1% -0.35%
2019 0.6% 1.18%
2018 1.4% 5.03%
2017 0.8% 7.52%
2016 -1.6% 2.58%
2015 -1% -1.05%
2014 -0.9% 2.51%
2013 -0.1% 0.78%
2012 2.1% 1.15%
2011 4% 6.27%
2010 2.1% 3.53%
2009 -0.4% 1.43%
2008 7.4% 10.4%
2007 1.5% 5.84%
2006 6.1% 6.15%
2005 3.6% 8.67%
2004 0.3% 11%
2003 0.5% 11.6%
2002 0.3% 10.4%
2001 3.2% 8.29%
2000 5% 6.33%
1999 2.8% 4.46%
1998 -0.3% 3.27%
1997 5.7% 2.12%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/bosnia-and-herzegovina/tonga | CC BY

Over the past 29 years, Bosnia and Herzegovina has recorded an average annual inflation rate of 2.41%, compared with 5.2% in Tonga. In 2025, inflation was 4% in Bosnia and Herzegovina and 5.59% in Tonga.

Balance of trade

Bosnia Tonga
Current account balance
-$1.02B
2025
-$43.5M
2024
Current account balance ranking
117/190
2025
76/190
2024
Current account balance, % of GDP
-3.14%
2025
-6.72%
2024
Goods imports
$16.3B
2025
$232M
2024
Goods exports
$9.5B
2025
$10.8M
2024
Service imports
$1.42B
2025
$161M
2024
Service exports
$3.92B
2025
$93.6M
2024
Imports of goods and services, % of GDP
54.1%
2025
60.7%
2024
Exports of goods and services, % of GDP
41%
2025
16.9%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Bosnia Tonga
Economic freedom 63.1 58.9
Economic freedom ranking 83/197 107/197
Property rights 46.9 71.1
Government integrity 36.8 45.1
Judicial effectiveness 36.1 64.9
Tax burden 93.9 85.6
Government spending 48.4 31
Fiscal health 96.2 97.3
Business freedom 65.1 59.2
Labor freedom 62.7 55.9
Monetary freedom 77.5 61
Trade freedom 69 75.4
Investment freedom 65 40
Financial freedom 60 20

Economic freedom comparison by year

Bosnia and Herzegovina
Tonga
1x
Year Economic freedom index
Bosnia Tonga
2026 63.1 58.9
2025 63.5 58.5
2024 62 59.2
2023 62.9 60
2022 63.4 60.8
2021 62.9 57.5
2020 62.6 58.8
2019 61.9 57.7
2018 61.4 63.1
2017 60.2 63
2016 58.6 59.6
2015 59 59.3
2014 58.4 58.2
2013 57.3 56
2012 57.3 57
2011 57.5 55.8
2010 56.2 53.4
2009 53.1 54.1
2008 53.9 -
2007 54.4 -
2006 55.6 -
2005 48.8 -
2004 44.7 -
2003 40.6 -
2002 37.4 -
2001 36.6 -
2000 45.1 -
1999 29.4 -
1998 29.4 -

Data sources: The Heritage Foundation | Economic Freedom Index (1998–2026, retrieved 2026-07-08).

GeoRank.org/economy/bosnia-and-herzegovina/tonga | CC BY

The Economic Freedom Index for Bosnia and Herzegovina is 63.1, ranking 83/197, compared to 58.9 for Tonga, ranking 107/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bosnia Tonga
Services, % of GDP
57.7%
2025
49.5%
2024
Industry, % of GDP
21.5%
2025
17.7%
2024
Agriculture, forestry, and fishing, % of GDP
4.36%
2025
18.6%
2024
GNI, Atlas method
$31.2B
2025
$709M
2025
GNI per capita, PPP
$25,810
2025
$9,240
2025
Total reserves including gold
$9.42B
2024
$413M
2025
Total reserves ranking
83/177
2024
162/177
2025
Net foreign direct investment
-$526M
2025
$13.3M
2024
Net inflows of foreign direct investment
$1B
2024
-$12.1M
2024
Net outflows of foreign direct investment
$119M
2024
$1.25M
2024
Servicing debt to the IMF, % of GNI
4.91%
2024
6.33%
2024
Poverty at national poverty lines
16.9%
2015
20.6%
2021
Gross capital formation, % of GDP
28.7%
2025
26.4%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/bosnia-and-herzegovina/tonga | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1975–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1998–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1998–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  6. LivingCost (2026, retrieved 2026-07-08)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.