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Economy of Kiribati vs Tonga compared: GDP & Debt

Updated on by Georank

Kiribati has a GDP of $349M compared to $679M for Tonga, ranking 192/197 and 191/197 by economy size, respectively.

Kiribati has $27.8M in government debt (7.95% of GDP), compared to $186M (27.4% of GDP) in Tonga.

Kiribati vs Tonga GDP by year

Kiribati
Tonga
1x
Year GDP, current $
Kiribati Tonga
2025 $349,227,254 $679,218,219
2024 $343,153,235 $647,488,244
2023 $291,657,338 $591,139,734
2022 $271,214,375 $556,514,556
2021 $285,451,584 $519,306,339
2020 $220,909,307 $506,571,487
2019 $216,891,541 $506,031,248
2018 $233,859,230 $493,530,767
2017 $223,029,865 $459,976,847
2016 $206,467,819 $420,828,255
2015 $191,559,399 $437,525,539
2014 $200,287,282 $440,997,735
2013 $201,730,861 $451,788,498
2012 $207,001,546 $471,122,971
2011 $195,970,140 $414,143,828
2010 $165,458,433 $366,887,375
2009 $140,177,384 $312,415,028
2008 $147,017,895 $344,438,844
2007 $138,054,946 $298,519,623
2006 $112,338,353 $292,232,703
2005 $113,895,437 $261,823,805
2004 $104,085,892 $230,678,011
2003 $96,105,619 $202,246,591
2002 $74,743,869 $182,764,281
2001 $64,935,850 $181,117,230
2000 $74,910,527 $204,848,488
1999 $77,323,978 $199,208,718
1998 $74,905,706 $191,504,893
1997 $80,205,807 $214,991,452
1996 $81,456,854 $222,100,576
1995 $68,596,395 $208,871,666
1994 $67,055,334 $195,990,986
1993 $58,953,596 $138,489,884
1992 $61,491,369 $137,066,291
1991 $41,247,792 $132,201,141
1990 $36,534,295 $113,563,822
1989 $37,645,319 $106,344,855
1988 $38,278,810 $106,657,267
1987 $29,554,413 $81,667,133
1986 $25,993,009 $68,195,856
1985 $26,126,615 $60,058,663
1984 $34,394,167 $64,248,355
1983 $31,000,546 $60,863,964
1982 $32,742,713 $62,068,161
1981 $35,267,489 $62,242,013
1980 $33,157,723 $53,260,077
1979 $34,466,197 $44,667,002
1978 $36,563,965 $41,567,472
1977 $31,335,459 $34,139,388
1976 $33,246,817 $30,036,417
1975 $44,547,454 $32,506,742
1974 $69,256,489 -
1973 $25,645,040 -
1972 $15,314,346 -
1971 $12,356,134 -
1970 $11,560,877 -

Data sources: World Bank | Economy & Growth (1970–2025, retrieved 2026-07-08).

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

GDP per capita in Kiribati vs Tonga by year

Kiribati
GDP per capita

GDP per capita, PPP
Tonga
GDP per capita

GDP per capita, PPP
1x
Year Current $
Kiribati Tonga
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $2,559 - $6,547 -
2024 $2,551 $3,702 $6,215 -
2023 $2,201 $3,486 $5,652 $7,803
2022 $2,079 $3,329 $5,298 $7,296
2021 $2,224 $3,020 $4,923 $6,929
2020 $1,752 $2,711 $4,792 $6,676
2019 $1,750 $2,763 $4,789 $6,473
2018 $1,916 $2,672 $4,675 $6,393
2017 $1,854 $2,562 $4,366 $6,229
2016 $1,743 $2,463 $3,988 $5,920
2015 $1,640 $2,311 $4,124 $5,472
2014 $1,737 $2,084 $4,137 $5,336
2013 $1,772 $2,049 $4,219 $5,120
2012 $1,844 $1,896 $4,384 $4,996
2011 $1,771 $1,786 $3,850 $4,855
2010 $1,522 $1,724 $3,416 $4,465
2009 $1,317 $1,718 $2,914 $4,384
2008 $1,411 $1,735 $3,218 $4,600
2007 $1,353 $1,792 $2,797 $4,316
2006 $1,123 $1,728 $2,750 $4,327
2005 $1,162 $1,617 $2,478 $4,315
2004 $1,083 $1,579 $2,195 $4,235
2003 $1,021 $1,578 $1,936 $4,231
2002 $810 $1,605 $1,759 $4,171
2001 $719 $1,591 $1,754 $3,955
2000 $845 $1,638 $1,995 $3,834
1999 $887 $1,526 $1,952 $3,636
1998 $874 $1,593 $1,889 $3,527
1997 $953 $1,535 $2,136 $3,434
1996 $986 $1,519 $2,215 $3,410
1995 $844 $1,518 $2,084 $3,347
1994 $838 $1,469 $1,957 $3,088
1993 $748 $1,431 $1,383 $2,882
1992 $792 $1,421 $1,370 $2,716
1991 $540 $1,139 $1,323 $2,652
1990 $488 $1,192 $1,139 $2,416
1989 $515 - $1,070 -
1988 $536 - $1,078 -
1987 $424 - $830 -
1986 $382 - $696 -
1985 $393 - $613 -
1984 $527 - $656 -
1983 $483 - $621 -
1982 $519 - $633 -
1981 $568 - $636 -
1980 $542 - $545 -
1979 $573 - $458 -
1978 $611 - $428 -
1977 $520 - $353 -
1976 $548 - $315 -
1975 $730 - $349 -
1974 $1,131 - - -
1973 $422 - - -
1972 $256.2 - - -
1971 $210.7 - - -
1970 $201 - - -

Data sources: World Bank | Economy & Growth (1970–2025, retrieved 2026-07-08).

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

Kiribati's GDP per capita is $2,559, ranking 152/197, compared to $6,547 in Tonga, ranking 110/197. Adjusted for purchasing power (GDP per capita PPP), Kiribati ranks 169th at $3,702, while Tonga ranks 144th at $7,803.

Economic indicators

Kiribati Tonga
Gross domestic product
$349M
2025
$679M
2025
GDP rank
192/197
2025
191/197
2025
GDP growth
4.22%
2024-2025
2.8%
2024-2025
GDP per capita
$2,559
2025
$6,547
2025
GDP per capita rank
152/197
2025
110/197
2025
GDP per capita, PPP
$3,702
2024
$7,803
2023
GDP per capita PPP rank
169/197
2024
144/197
2023
Government debt
$27.8M
2025
$186M
2025
Debt-to-GDP ratio
7.95%
2025
27.4%
2025
Government debt per person
$203.4
2025
$1,793
2025
Government debt per person rank
181/185
2025
123/185
2025
Average annual personal income after taxes
$2,170
2026
$4,104
2026
Income share by richest 10%
20.9%
2023
22%
2021
Income share by poorest 10%
4.4%
2023
4%
2021
Government expenditure, % of GDP
88.2%
2025
46.8%
2025
Consumer prices inflation
6.5%
2024-2025
5.59%
2024-2025
Unemployment rate
2.79%
2023
1.65%
2023
Population
139471
103283

Spending and national debt comparison by year

Kiribati
Spending

Debt
Tonga
Spending

Debt
1x
Year % of GDP
Kiribati Tonga
Government spending Government debt Government spending Government debt
2025 88.2% 7.95% 46.8% 27.4%
2024 86.1% 8.9% 44.3% 31.9%
2023 94.4% 11.3% 41.5% 37.2%
2022 87.2% 16.2% 41.3% 40.2%
2021 84% 17.3% 44.5% 43%
2020 102.2% 21% 37.1% 41.7%
2019 108.3% 18.5% 39% 41.8%
2018 108.8% 19% 39.3% 45.5%
2017 92.1% 20.2% 39.7% 44.7%
2016 99% 21.2% 37.2% 49.4%
2015 90.9% 18.8% 37.4% 51.1%
2014 101.2% 8.97% 31.5% 47.4%
2013 78% 8.86% 34.3% 48.9%
2012 83.9% 8.13% 32% 60%
2011 80.9% 8.8% 32.6% 51.9%
2010 75.7% 9.43% 28.4% 44.7%
2009 74.7% 10.3% 23.9% 39.7%
2008 79.4% 13.9% 24% 34%
2007 77.3% 11.1% 23.2% 37.8%
2006 82.1% 12.9% 25.6% 39.6%
2005 95.6% 12.1% 19.8% 43.3%
2004 103.8% 13.6% 19.3% 52.2%
2003 84.4% 12.3% 20% 56.2%
2002 96.9% 13.3% 21.3% 60.7%
2001 101.3% 17% 19.1% 53.4%
2000 66% 12.7% 20% 43.6%
1999 77.6% 11.8% 18.8% 38.4%
1998 74.7% 9.81% - -
1997 70.9% 10.7% - -
1996 68.4% 11% - -
1995 69.6% 12.3% - -
1994 54.6% 12.3% - -
1993 55.3% 10.9% - -
1992 65.9% 7.31% - -
1991 82.1% 8.43% - -
1990 105.5% 7.72% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

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

In 2025, Kiribati's government spending was $308M, accounting for 88.2% of its GDP, while Tonga spent $318M, or 46.8% of GDP.

Debt-to-GDP ratio is 7.95% in Kiribati and 27.4% in Tonga, ranking 182/185 and 162/185, respectively.

Government deficit by year

Deficit/surplus
Kiribati

Tonga
1x
Year Deficit/surplus, % of GDP
Kiribati Tonga
2025 -14.5% 4.86%
2024 -14.1% 3.6%
2023 1.81% 5.28%
2022 -18.2% -0.09%
2021 -10.8% -0.87%
2020 3.57% 5.15%
2019 10.8% 3.2%
2018 5.18% 2.9%
2017 34.1% 3.58%
2016 20.1% 1.47%
2015 42.5% -2.75%
2014 35% 6.38%
2013 11.8% -1.3%
2012 -5.43% -1.74%
2011 -17.6% -6.02%
2010 -7.8% -1.22%
2009 -8.56% 6.85%
2008 -15.8% 2.14%
2007 -12.5% 5.39%
2006 -12.3% 1.34%
2005 -9.96% 4.23%
2004 -19.2% 4.23%
2003 -8.93% 2.37%
2002 3.13% 2.59%
2001 -10.9% 2.23%
2000 -0.03% 1.35%
1999 -1.81% 1.55%
1998 14.6% -
1997 5.92% -
1996 -20.2% -
1995 -5.14% -
1994 0.74% -
1993 6.27% -
1992 0.79% -
1991 3.87% -
1990 -4.62% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

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

In 2025, Kiribati's government deficit, the difference between spending and revenue, was $50.6M, equivalent to 14.5% of GDP. This compares to Tonga's surplus of $33M, or 4.86% of GDP.

Over the past 27 years, Kiribati recorded a fiscal deficit in 17 of those years, while Tonga ran a deficit in 7 years. On average, Kiribati posted an annual deficit equal to 0.76% of GDP, compared to surplus of 2.1% of GDP for Tonga.

Inflation comparison by year

Inflation
Kiribati

Tonga
1x
Year Consumer prices inflation
Kiribati Tonga
2025 6.5% 5.59%
2024 2.5% 3.18%
2023 9.3% 6.35%
2022 5.3% 11%
2021 2.1% 5.64%
2020 2.6% -0.35%
2019 -1.8% 1.18%
2018 0.6% 5.03%
2017 0.4% 7.52%
2016 1.9% 2.58%
2015 0.6% -1.05%
2014 2.1% 2.51%
2013 -1.5% 0.78%
2012 -3% 1.15%
2011 1.5% 6.27%
2010 -3.9% 3.53%
2009 9.8% 1.43%
2008 13.7% 10.4%
2007 3.6% 5.84%
2006 -1% 6.15%
2005 -0.4% 8.67%
2004 -0.7% 11%
2003 1.6% 11.6%
2002 3.2% 10.4%
2001 6% 8.29%
2000 0.4% 6.33%
1999 1.8% 4.46%
1998 3.7% 3.27%
1997 2.6% 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/kiribati/tonga | CC BY

Over the past 29 years, Kiribati has recorded an average annual inflation rate of 2.4%, compared with 5.2% in Tonga. In 2025, inflation was 6.5% in Kiribati and 5.59% in Tonga.

Top exports between countries

Kiribati
Export category Export value
Tonga
Export category Export value
Raw agricultural goods $22K

Balance of trade

Kiribati Tonga
Current account balance
-$61.3M
2025
-$43.5M
2024
Current account balance ranking
77/190
2025
76/190
2024
Current account balance, % of GDP
-17.6%
2025
-6.72%
2024
Goods imports
$270M
2025
$232M
2024
Goods exports
$17.3M
2025
$10.8M
2024
Service imports
$110M
2025
$161M
2024
Service exports
$8.63M
2025
$93.6M
2024
Imports of goods and services, % of GDP
97.6%
2024
60.7%
2024
Exports of goods and services, % of GDP
4.52%
2024
16.9%
2024

Economic freedom indices

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

Kiribati Tonga
Economic freedom 50.8 58.9
Economic freedom ranking 158/197 107/197
Property rights 69.6 71.1
Government integrity 50.5 45.1
Judicial effectiveness 54.6 64.9
Tax burden 72.6 85.6
Government spending 0 31
Fiscal health 19.8 97.3
Business freedom 60.2 59.2
Labor freedom 65.3 55.9
Monetary freedom 76.7 61
Trade freedom 80 75.4
Investment freedom 30 40
Financial freedom 30 20

Economic freedom comparison by year

Kiribati
Tonga
1x
Year Economic freedom index
Kiribati Tonga
2026 50.8 58.9
2025 50.9 58.5
2024 51.3 59.2
2023 58.8 60
2022 59.2 60.8
2021 44.4 57.5
2020 45.2 58.8
2019 47.3 57.7
2018 50.8 63.1
2017 50.9 63
2016 46.2 59.6
2015 46.4 59.3
2014 46.3 58.2
2013 45.9 56
2012 46.9 57
2011 44.8 55.8
2010 43.7 53.4
2009 45.7 54.1

Data sources: The Heritage Foundation | Economic Freedom Index (2009–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Kiribati is 50.8, ranking 158/197, 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

Kiribati Tonga
Services, % of GDP
70.3%
2024
49.5%
2024
Industry, % of GDP
11.8%
2024
17.7%
2024
Agriculture, forestry, and fishing, % of GDP
23.2%
2024
18.6%
2024
GNI, Atlas method
$537M
2025
$709M
2025
GNI per capita, PPP
$6,080
2025
$9,240
2025
Total reserves including gold n/a
$413M
2025
Total reserves ranking n/a
162/177
2025
Net foreign direct investment
-$4.14M
2025
$13.3M
2024
Net inflows of foreign direct investment
$8.07M
2024
-$12.1M
2024
Net outflows of foreign direct investment
$16.4K
2024
$1.25M
2024
Servicing debt to the IMF, % of GNI n/a
6.33%
2024
Poverty at national poverty lines
5.5%
2023
20.6%
2021
Gross capital formation, % of GDP
29.9%
2024
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/kiribati/tonga | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1970–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (2009–2026, 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)
  7. TradeMap (2024, 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.