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Economy of Germany vs Tonga compared: GDP & Debt

Updated on by Georank team

Germany has a GDP of $4.69T compared to $591M for Tonga, ranking 3/197 and 191/197 by economy size, respectively.

Germany has $2.97T in government debt (63.5% of GDP), compared to $256M (37% of GDP) in Tonga.

Germany vs Tonga GDP by year

Germany
Tonga
1x
Year GDP, current $
Germany Tonga
2024 $4,685,592,577,805 -
2023 $4,562,207,532,490 $591,139,749
2022 $4,201,021,706,479 $556,514,555
2021 $4,355,251,953,411 $519,306,353
2020 $3,941,398,957,074 $506,571,468
2019 $3,959,894,794,039 $506,031,239
2018 $4,055,433,215,302 $493,530,783
2017 $3,765,351,626,106 $459,976,850
2016 $3,536,787,895,179 $420,828,262
2015 $3,425,099,578,746 $437,525,514
2014 $3,964,870,735,761 $440,997,738
2013 $3,807,023,797,051 $451,788,498
2012 $3,596,483,233,406 $471,122,971
2011 $3,823,575,803,794 $414,143,828
2010 $3,467,093,769,667 $366,887,375
2009 $3,478,545,516,684 $312,415,028
2008 $3,808,197,720,125 $344,438,844
2007 $3,484,056,680,855 $298,519,623
2006 $3,046,308,753,671 $292,232,703
2005 $2,893,393,187,362 $261,823,805
2004 $2,852,317,768,062 $230,678,011
2003 $2,534,715,518,349 $202,246,591
2002 $2,102,350,798,306 $182,764,281
2001 $1,966,381,496,642 $181,117,230
2000 $1,966,980,701,145 $204,848,488
1999 $2,213,873,468,587 $199,208,718
1998 $2,247,760,364,566 $191,504,893
1997 $2,218,790,886,533 $214,991,452
1996 $2,506,576,553,158 $222,100,576
1995 $2,593,053,091,306 $208,871,666
1994 $2,215,282,632,277 $195,990,986
1993 $2,078,954,217,438 $138,489,884
1992 $2,141,377,582,968 $137,066,291
1991 $1,875,792,575,133 $132,201,141
1990 $1,778,162,195,860 $113,563,822
1989 $1,404,092,925,205 $106,344,855
1988 $1,406,367,016,372 $106,657,267
1987 $1,302,932,318,825 $81,667,133
1986 $1,050,092,624,516 $68,195,856
1985 $735,218,723,093 $60,058,663
1984 $727,767,760,979 $64,248,355
1983 $773,507,930,295 $60,863,964
1982 $779,421,633,755 $62,068,161
1981 $803,404,797,058 $62,242,013
1980 $953,772,499,462 $53,260,077
1979 $884,574,218,333 $44,667,002
1978 $743,182,891,918 $41,567,472
1977 $602,698,323,086 $34,139,388
1976 $521,658,712,133 $30,036,417
1975 $492,434,094,920 $32,506,742
1974 $446,934,971,657 -
1973 $399,833,571,167 -
1972 $300,899,944,795 -
1971 $250,900,942,397 -
1970 $216,629,229,947 -
1969 $177,733,486,326 -
1968 $156,527,292,653 -
1967 $145,100,667,773 -
1966 $143,304,275,684 -
1965 $134,774,688,191 -
1964 $123,330,404,665 -
1963 $112,232,503,744 -
1962 $105,895,435,234 -
1961 $96,558,204,043 -
1960 $84,619,845,881 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/germany/tonga | CC BY

GDP per capita in Germany vs Tonga by year

Germany
GDP per capita

GDP per capita, PPP
Tonga
GDP per capita

GDP per capita, PPP
1x
Year Current $
Germany Tonga
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $56,104 $73,552 - -
2023 $54,777 $71,684 $5,652 $7,803
2022 $50,507 $69,049 $5,298 $7,296
2021 $52,349 $62,531 $4,923 $6,929
2020 $47,395 $58,686 $4,792 $6,676
2019 $47,656 $59,271 $4,789 $6,473
2018 $48,916 $56,273 $4,675 $6,393
2017 $45,554 $54,110 $4,366 $6,229
2016 $42,949 $51,570 $3,988 $5,920
2015 $41,930 $48,545 $4,124 $5,472
2014 $48,960 $47,939 $4,137 $5,336
2013 $47,207 $45,889 $4,219 $5,120
2012 $44,718 $44,229 $4,384 $4,996
2011 $47,631 $43,398 $3,850 $4,855
2010 $42,397 $39,726 $3,416 $4,465
2009 $42,472 $37,574 $2,914 $4,384
2008 $46,379 $38,444 $3,218 $4,600
2007 $42,351 $36,914 $2,797 $4,316
2006 $36,980 $34,741 $2,750 $4,327
2005 $35,084 $32,314 $2,478 $4,315
2004 $34,567 $31,753 $2,195 $4,235
2003 $30,711 $30,301 $1,936 $4,231
2002 $25,487 $29,514 $1,759 $4,171
2001 $23,878 $28,674 $1,754 $3,955
2000 $23,926 $27,474 $1,995 $3,834
1999 $26,965 $26,518 $1,952 $3,636
1998 $27,396 $25,446 $1,889 $3,527
1997 $27,047 $24,649 $2,136 $3,434
1996 $30,600 $24,169 $2,215 $3,410
1995 $31,747 $23,631 $2,084 $3,347
1994 $27,202 $22,869 $1,957 $3,088
1993 $25,617 $21,900 $1,383 $2,882
1992 $26,560 $21,746 $1,370 $2,716
1991 $23,443 $21,001 $1,323 $2,652
1990 $22,386 $19,468 $1,139 $2,416
1989 $17,829 - $1,070 -
1988 $17,997 - $1,078 -
1987 $16,739 - $830 -
1986 $13,511 - $696 -
1985 $9,464 - $613 -
1984 $9,347 - $656 -
1983 $9,900 - $621 -
1982 $9,950 - $633 -
1981 $10,246 - $636 -
1980 $12,183 - $545 -
1979 $11,322 - $458 -
1978 $9,517 - $428 -
1977 $7,711 - $353 -
1976 $6,659 - $315 -
1975 $6,259 - $349 -
1974 $5,660 - - -
1973 $5,065 - - -
1972 $3,824 - - -
1971 $3,204 - - -
1970 $2,771 - - -
1969 $2,281 - - -
1968 $2,025 - - -
1967 $1,886 - - -
1966 $1,871 - - -
1965 $1,774 - - -
1964 $1,637 - - -
1963 $1,502 - - -
1962 $1,431 - - -
1961 $1,316 - - -
1960 $1,162 - - -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/germany/tonga | CC BY

Germany's GDP per capita is $56,104, ranking 19/197, compared to $5,652 in Tonga, ranking 115/197. Adjusted for purchasing power (GDP per capita PPP), Germany ranks 20th at $73,552, while Tonga ranks 144th at $7,803.

Economic indicators

Germany Tonga
Gross domestic product
$4.69T
2024
$591M
2023
GDP rank
3/197
2024
191/197
2023
GDP growth
-0.5%
2023-2024
2.79%
2022-2023
GDP per capita
$56,104
2024
$5,652
2023
GDP per capita rank
19/197
2024
115/197
2023
GDP per capita, PPP
$73,552
2024
$7,803
2023
GDP per capita PPP rank
20/197
2024
144/197
2023
Government debt
$2.97T
2024
$256M
2023
Debt-to-GDP ratio
63.5%
2024
37%
2024
Government debt per person
$35,606
2024
$2,445
2023
Government debt per person rank
21/185
2024
111/185
2023
Average annual personal income after taxes
$41,775
2026
$3,886
2026
Market capitalization of domestic companies
$2.04T
2024
n/a
Number of millionaires
2,675,000
2025
n/a
Number of billionaires
171
2025
n/a
Income share by richest 10%
25%
2020
22%
2021
Income share by poorest 10%
2.9%
2020
4%
2021
Government expenditure, % of GDP
49.4%
2024
51.3%
2024
Consumer prices inflation
2.26%
2023-2024
3.18%
2023-2024
Unemployment rate
3.37%
2024
1.65%
2023
Population
82575542
103309

Spending and national debt comparison by year

Germany
Spending

Debt
Tonga
Spending

Debt
1x
Year % of GDP
Germany Tonga
Government spending Government debt Government spending Government debt
2024 49.4% 63.5% 51.3% 37%
2023 48.1% 62.4% 48.2% 43.3%
2022 48.6% 64.4% 44.4% 43.2%
2021 50.7% 68% 44.6% 43%
2020 51.1% 68% 37.9% 42.6%
2019 45.5% 58.7% 39.9% 42.8%
2018 44.7% 60.8% 39.6% 45.8%
2017 44.5% 64% 39.7% 44.7%
2016 44.7% 68.3% 37.2% 49.4%
2015 44.5% 71.2% 37.4% 51.1%
2014 44.5% 74.5% 31.5% 47.4%
2013 45.2% 77.5% 34.3% 48.9%
2012 45.1% 79.8% 32% 60%
2011 45.3% 78.5% 32.6% 51.9%
2010 48.1% 81% 28.4% 44.7%
2009 48.3% 72.4% 23.9% 39.7%
2008 44.4% 65.2% 24% 34%
2007 43.5% 63.7% 23.2% 37.8%
2006 45.3% 66.4% 25.6% 39.6%
2005 46.9% 67.1% 19.8% 43.3%
2004 47% 65% 19.3% 52.2%
2003 48.5% 63.3% 20% 56.2%
2002 48.2% 59.8% 21.3% 60.7%
2001 47.7% 58.1% 19.1% 53.4%
2000 48.1% 59.2% 20% 43.6%
1999 48.5% 60.3% 18.8% 38.4%
1998 48.3% 59.4% - -
1997 48.8% 58.8% - -
1996 49.6% 57.7% - -
1995 55.2% 54.9% - -
1994 48.3% 47.5% - -
1993 48.3% 45.1% - -
1992 47.4% 41.4% - -
1991 46.5% 39% - -
1990 44.7% 40.7% - -
1989 44.3% 39.2% - -
1988 45.6% 40.5% - -
1987 46% 40.1% - -
1986 45.7% 39.1% - -
1985 46.6% 39.2% - -
1984 47.2% 38.7% - -
1983 47.9% 38% - -
1982 49.1% 36.4% - -
1981 49% 33.6% - -
1980 48.2% 30.1% - -
1979 47.4% 28.2% - -
1978 47.7% 27.4% - -
1977 49% 26% - -
1976 49.4% 25.1% - -
1975 50.3% 23.7% - -
1974 46% 18.5% - -
1973 42.4% 17.3% - -
1972 41.8% 18% - -
1971 40.9% 17.7% - -
1970 39.5% 17.7% - -
1969 29.7% 20.3% - -
1968 28.5% 22.5% - -
1967 28.8% 22.5% - -
1966 28.3% 19.8% - -
1965 28.4% 18.7% - -
1964 29% 18.2% - -
1963 29.1% 18.1% - -
1962 29.2% 17.6% - -
1961 28.8% 18.7% - -
1960 22.9% 18.4% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1991–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1990, retrieved 2026-02-20).

GeoRank.org/economy/germany/tonga | CC BY

In 2024, Germany's government spending was $2.32T, accounting for 49.4% of its GDP, while Tonga spent $285M, or 51.3% of GDP.

Debt-to-GDP ratio is 63.5% in Germany and 37% in Tonga, ranking 72/185 and 142/185, respectively.

Government deficit by year

Deficit/surplus
Germany

Tonga
1x
Year Deficit/surplus, % of GDP
Germany Tonga
2024 -2.66% 4.17%
2023 -2.49% 6.14%
2022 -1.91% -0.1%
2021 -3.17% -0.87%
2020 -4.38% 5.25%
2019 1.33% 3.28%
2018 1.88% 2.92%
2017 1.34% 3.58%
2016 1.13% 1.47%
2015 0.91% -2.75%
2014 0.73% 6.38%
2013 0.12% -1.3%
2012 -0.05% -1.74%
2011 -0.84% -6.02%
2010 -4.42% -1.22%
2009 -3.18% 6.85%
2008 -0.26% 2.14%
2007 0.15% 5.39%
2006 -1.76% 1.34%
2005 -3.37% 4.23%
2004 -3.42% 4.23%
2003 -3.83% 2.37%
2002 -4.09% 2.59%
2001 -3.12% 2.23%
2000 -1.71% 1.35%
1999 -1.87% 1.55%
1998 -2.65% -
1997 -3.03% -
1996 -3.64% -
1995 -9.44% -
1994 -2.54% -
1993 -3.11% -
1992 -2.63% -
1991 -3.21% -
1990 -1.94% -
1989 0.08% -
1988 -2.02% -
1987 -1.85% -
1986 -1.18% -
1985 -1.18% -
1984 -2.04% -
1983 -2.95% -
1982 -3.56% -
1981 -4.03% -
1980 -3.02% -
1979 -2.71% -
1978 -2.62% -
1977 -2.56% -
1976 -3.5% -
1975 -5.78% -
1974 -1.69% -
1973 1.14% -
1972 -0.37% -
1971 0.16% -
1970 0.53% -
1969 -0.43% -
1968 1.39% -
1967 2.73% -
1966 1.76% -
1965 2.26% -
1964 1.49% -
1963 1.43% -
1962 0.49% -
1961 -0.12% -
1960 -0.34% -
1959 0.77% -
1958 1.77% -
1957 1.99% -
1956 0.59% -
1955 -1.41% -
1954 -0.37% -
1953 -0.13% -
1952 0% -
1951 1.15% -
1950 1.81% -
1949 - -
1948 - -
1947 - -
1946 - -
1945 - -
1944 - -
1943 - -
1942 - -
1941 - -
1940 - -
1939 - -
1938 - -
1937 - -
1936 - -
1935 - -
1934 -0.64% -
1933 -0.43% -
1932 -1.11% -
1931 -1.03% -
1930 -1.52% -
1929 -0.9% -
1928 -1.47% -
1927 -0.44% -
1926 -1.3% -
1925 0.34% -
1924 - -
1923 - -
1922 - -
1921 - -
1920 - -
1919 - -
1918 - -
1917 - -
1916 - -
1915 - -
1914 - -
1913 0.007% -
1912 -0.26% -
1911 0.06% -
1910 -0.21% -
1909 0.11% -
1908 -0.11% -
1907 -0.14% -
1906 0.76% -
1905 1.21% -
1904 0.41% -
1903 0.88% -
1902 0.08% -
1901 0.91% -
1900 0.27% -
1899 0.6% -
1898 0.47% -
1897 0.39% -
1896 0.63% -
1895 0.47% -
1894 0.44% -
1893 0.42% -
1892 -0.24% -
1891 1.18% -
1890 0.12% -
1889 1.16% -
1888 0.62% -
1887 0.88% -
1886 0.23% -
1885 0.21% -
1884 0.23% -
1883 0.55% -
1882 0.41% -
1881 0.12% -
1880 -0.13% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1880–1990, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1991–2024, retrieved 2026-02-20).

GeoRank.org/economy/germany/tonga | CC BY

In 2023, Germany's government deficit, the difference between spending and revenue, was $114B, equivalent to 2.49% of GDP. This compares to Tonga's surplus of $36.3M, or 6.14% of GDP.

Over the past 25 years, Germany recorded a fiscal deficit in 17 of those years, while Tonga ran a deficit in 7 years. On average, Germany posted an annual deficit equal to 1.45% of GDP, compared to surplus of 1.97% of GDP for Tonga.

Inflation comparison by year

Inflation
Germany

Tonga
1x
Year Consumer prices inflation
Germany Tonga
2024 2.26% 3.18%
2023 5.95% 6.35%
2022 6.87% 11%
2021 3.07% 5.64%
2020 0.14% -0.35%
2019 1.45% 1.18%
2018 1.73% 5.03%
2017 1.51% 7.52%
2016 0.49% 2.58%
2015 0.51% -1.05%
2014 0.91% 2.51%
2013 1.5% 0.78%
2012 2.01% 1.15%
2011 2.08% 6.27%
2010 1.1% 3.53%
2009 0.31% 1.43%
2008 2.63% 10.4%
2007 2.3% 5.84%
2006 1.58% 6.15%
2005 1.55% 8.67%
2004 1.67% 11%
2003 1.03% 11.6%
2002 1.42% 10.4%
2001 1.98% 8.29%
2000 1.44% 6.33%
1999 0.59% 4.46%
1998 0.91% 3.27%
1997 1.94% 2.12%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/germany/tonga | CC BY

Over the past 28 years, Germany has recorded an average annual inflation rate of 1.82%, compared with 5.19% in Tonga. In 2024, inflation was 2.26% in Germany and 3.18% in Tonga.

Top exports between countries

Germany
Export category Export value
Machinery & equipment $182K
Chemicals & pharma $76K
Miscellaneous $27K
Metals $6K
Raw materials & minerals $3K
Textiles & consumer goods $3K
Processed food, beverages & tobacco $2K
Tonga
Export category Export value

Balance of trade

Germany Tonga
Current account balance
$270B
2024
-$43.5M
2024
Current account balance ranking
2/190
2024
83/190
2024
Current account balance, % of GDP
+5.77%
2024
-7.93%
2023
Goods imports
$1.21T
2024
$232M
2024
Goods exports
$1.47T
2024
$10.8M
2024
Service imports
$548B
2024
$161M
2024
Service exports
$470B
2024
$93.6M
2024
Imports of goods and services, % of GDP
37.7%
2024
64.9%
2023
Exports of goods and services, % of GDP
41.4%
2024
14.7%
2023

Economic freedom indices

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

Germany Tonga
Economic freedom 71.7 58.9
Economic freedom ranking 30/197 107/197
Property rights 95.5 71.1
Government integrity 84.5 45.1
Judicial effectiveness 94.6 64.9
Tax burden 60.5 85.6
Government spending 28.8 31
Fiscal health 83.1 97.3
Business freedom 79.8 59.2
Labor freedom 52.2 55.9
Monetary freedom 72.5 61
Trade freedom 79.4 75.4
Investment freedom 60 40
Financial freedom 70 20

Economic freedom comparison by year

Germany
Tonga
1x
Year Economic freedom index
Germany Tonga
2026 71.7 58.9
2025 71.6 58.5
2024 72.1 59.2
2023 73.7 60
2022 76.1 60.8
2021 72.5 57.5
2020 73.5 58.8
2019 73.5 57.7
2018 74.2 63.1
2017 73.8 63
2016 74.4 59.6
2015 73.8 59.3
2014 73.4 58.2
2013 72.8 56
2012 71 57
2011 71.8 55.8
2010 71.1 53.4
2009 70.5 54.1
2008 70.6 -
2007 70.8 -
2006 70.8 -
2005 68.1 -
2004 69.5 -
2003 69.7 -
2002 70.4 -
2001 69.5 -
2000 65.7 -
1999 65.6 -
1998 64.3 -
1997 67.5 -
1996 69.1 -
1995 69.8 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/germany/tonga | CC BY

The Economic Freedom Index for Germany is 71.7, ranking 30/197, 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

Germany Tonga
Services, % of GDP
64%
2024
50%
2023
Industry, % of GDP
25.6%
2024
14.9%
2023
Agriculture, forestry, and fishing, % of GDP
0.91%
2024
19%
2023
GNI, Atlas method
$4.6T
2024
$619M
2023
GNI per capita, PPP
$76,180
2024
$8,400
2023
Total reserves including gold
$378B
2024
$377M
2024
Total reserves ranking
10/177
2024
163/177
2024
Net foreign direct investment
$32.6B
2024
$13.3M
2024
Net inflows of foreign direct investment
$47.6B
2024
-$12.1M
2024
Net outflows of foreign direct investment
$80.2B
2024
$1.25M
2024
Servicing debt to the IMF, % of GNI n/a
2.76%
2023
Poverty at national poverty lines
14.8%
2021
20.6%
2021
Gross capital formation, % of GDP
21.5%
2024
25.9%
2023

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/germany/tonga | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1991–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1880–1990, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2020–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

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.