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Economy of Qatar vs Tonga compared: GDP & Debt

Updated on by Georank

Qatar has a GDP of $216B compared to $679M for Tonga, ranking 56/197 and 191/197 by economy size, respectively.

Qatar has $89.2B in government debt (41.4% of GDP), compared to $186M (27.4% of GDP) in Tonga.

Qatar vs Tonga GDP by year

Qatar
Tonga
1x
Year GDP, current $
Qatar Tonga
2025 $215,559,615,385 $679,218,219
2024 $216,294,505,495 $647,488,244
2023 $213,002,809,341 $591,139,734
2022 $235,709,325,714 $556,514,556
2021 $179,732,009,560 $519,306,339
2020 $144,411,363,352 $506,571,487
2019 $176,371,267,692 $506,031,248
2018 $183,334,953,819 $493,530,767
2017 $161,099,122,225 $459,976,847
2016 $151,732,181,868 $420,828,255
2015 $161,739,955,577 $437,525,539
2014 $206,224,598,571 $440,997,735
2013 $198,727,642,967 $451,788,498
2012 $186,833,502,363 $471,122,971
2011 $167,775,274,725 $414,143,828
2010 $125,122,252,747 $366,887,375
2009 $97,798,351,648 $312,415,028
2008 $115,269,780,220 $344,438,844
2007 $79,711,813,187 $298,519,623
2006 $60,882,142,857 $292,232,703
2005 $44,530,494,505 $261,823,805
2004 $31,734,065,934 $230,678,011
2003 $23,533,791,209 $202,246,591
2002 $19,363,736,264 $182,764,281
2001 $17,538,461,538 $181,117,230
2000 $17,759,890,110 $204,848,488
1999 $12,393,131,868 $199,208,718
1998 $10,255,494,505 $191,504,893
1997 $11,297,802,198 $214,991,452
1996 $9,059,340,659 $222,100,576
1995 $8,137,912,088 $208,871,666
1994 $7,374,450,549 $195,990,986
1993 $7,156,593,407 $138,489,884
1992 $7,646,153,846 $137,066,291
1991 $6,883,516,484 $132,201,141
1990 $7,360,439,560 $113,563,822
1989 $6,487,912,088 $106,344,855
1988 $6,038,186,813 $106,657,267
1987 $5,446,428,571 $81,667,133
1986 $5,053,021,978 $68,195,856
1985 $6,153,296,703 $60,058,663
1984 $6,870,329,670 $64,248,355
1983 $6,484,890,110 $60,863,964
1982 $7,611,263,736 $62,068,161
1981 $8,672,527,473 $62,242,013
1980 $7,837,915,956 $53,260,077
1979 $5,632,962,997 $44,667,002
1978 $4,052,000,413 $41,567,472
1977 $3,617,564,638 $34,139,388
1976 $3,284,273,987 $30,036,417
1975 $2,512,773,166 $32,506,742
1974 $2,401,403,227 -
1973 $793,885,560 -
1972 $510,262,500 -
1971 $387,703,106 -
1970 $301,791,302 -

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

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

GDP per capita in Qatar vs Tonga by year

Qatar
GDP per capita

GDP per capita, PPP
Tonga
GDP per capita

GDP per capita, PPP
1x
Year Current $
Qatar Tonga
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $72,525 - $6,547 -
2024 $75,685 $126,046 $6,215 -
2023 $80,196 $129,368 $5,652 $7,803
2022 $88,701 $122,921 $5,298 $7,296
2021 $71,752 $116,833 $4,923 $6,929
2020 $51,684 $82,149 $4,792 $6,676
2019 $66,841 $107,503 $4,789 $6,473
2018 $71,040 $110,033 $4,675 $6,393
2017 $63,280 $99,358 $4,366 $6,229
2016 $61,254 $89,935 $3,988 $5,920
2015 $68,985 $102,546 $4,124 $5,472
2014 $95,841 $148,389 $4,137 $5,336
2013 $103,697 $169,203 $4,219 $5,120
2012 $108,470 $180,939 $4,384 $4,996
2011 $103,262 $174,620 $3,850 $4,855
2010 $77,387 $151,646 $3,416 $4,465
2009 $60,786 $125,898 $2,914 $4,384
2008 $80,781 $126,015 $3,218 $4,600
2007 $65,954 $124,056 $2,797 $4,316
2006 $62,582 $127,181 $2,750 $4,327
2005 $53,950 $115,250 $2,478 $4,315
2004 $41,036 $110,958 $2,195 $4,235
2003 $31,602 $94,120 $1,936 $4,231
2002 $27,227 $93,177 $1,759 $4,171
2001 $25,871 $89,805 $1,754 $3,955
2000 $27,535 $88,849 $1,995 $3,834
1999 $20,234 $84,690 $1,952 $3,636
1998 $17,665 $84,486 $1,889 $3,527
1997 $20,523 $79,219 $2,136 $3,434
1996 $17,125 $62,331 $2,215 $3,410
1995 $15,823 $60,321 $2,084 $3,347
1994 $14,765 $59,415 $1,957 $3,088
1993 $14,770 $59,125 $1,383 $2,882
1992 $16,280 $60,387 $1,370 $2,716
1991 $15,133 $54,759 $1,323 $2,652
1990 $16,722 $55,659 $1,139 $2,416
1989 $15,243 - $1,070 -
1988 $14,682 - $1,078 -
1987 $13,719 - $830 -
1986 $13,213 - $696 -
1985 $16,815 - $613 -
1984 $19,749 - $656 -
1983 $19,669 - $621 -
1982 $24,431 - $633 -
1981 $29,543 - $636 -
1980 $28,407 - $545 -
1979 $21,777 - $458 -
1978 $16,757 - $428 -
1977 $16,058 - $353 -
1976 $15,710 - $315 -
1975 $13,014 - $349 -
1974 $13,540 - - -
1973 $4,905 - - -
1972 $3,483 - - -
1971 $2,952 - - -
1970 $2,594 - - -

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

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

Qatar's GDP per capita is $72,525, ranking 13/197, compared to $6,547 in Tonga, ranking 110/197. Adjusted for purchasing power (GDP per capita PPP), Qatar ranks 5th at $126,046, while Tonga ranks 144th at $7,803.

Economic indicators

Qatar Tonga
Gross domestic product
$216B
2025
$679M
2025
GDP rank
56/197
2025
191/197
2025
GDP growth
2.9%
2024-2025
2.8%
2024-2025
GDP per capita
$72,525
2025
$6,547
2025
GDP per capita rank
13/197
2025
110/197
2025
GDP per capita, PPP
$126,046
2024
$7,803
2023
GDP per capita PPP rank
5/197
2024
144/197
2023
Government debt
$89.2B
2025
$186M
2025
Debt-to-GDP ratio
41.4%
2025
27.4%
2025
Government debt per person
$30,009
2025
$1,793
2025
Government debt per person rank
24/185
2025
123/185
2025
Average annual personal income after taxes
$37,042
2026
$4,104
2026
Market capitalization of domestic companies
$177B
2025
n/a
Number of millionaires
30,000
2026
n/a
Number of billionaires
2
2026
n/a
Income share by richest 10%
25.8%
2017
22%
2021
Income share by poorest 10%
2.6%
2017
4%
2021
Government expenditure, % of GDP
27.1%
2025
46.8%
2025
Consumer prices inflation
0.6%
2024-2025
5.59%
2024-2025
Central bank interest rate
4.1%
2025
n/a
Unemployment rate
0.1%
2024
1.65%
2023
Population
3058826
103283

Spending and national debt comparison by year

Qatar
Spending

Debt
Tonga
Spending

Debt
1x
Year % of GDP
Qatar Tonga
Government spending Government debt Government spending Government debt
2025 27.1% 41.4% 46.8% 27.4%
2024 26% 41.3% 44.3% 31.9%
2023 26.7% 42.8% 41.5% 37.2%
2022 24.3% 42.6% 41.3% 40.2%
2021 29.4% 58.4% 44.5% 43%
2020 34.7% 72.6% 37.1% 41.7%
2019 32.5% 62.1% 39% 41.8%
2018 28.9% 52.2% 39.3% 45.5%
2017 34.7% 51.6% 39.7% 44.7%
2016 40.1% 46.7% 37.2% 49.4%
2015 38.6% 35.5% 37.4% 51.1%
2014 32.3% 24.9% 31.5% 47.4%
2013 28.3% 30.9% 34.3% 48.9%
2012 31% 32.1% 32% 60%
2011 28.5% 33.5% 32.6% 51.9%
2010 32% 30.4% 28.4% 44.7%
2009 36.4% 36% 23.9% 39.7%
2008 23.5% 11.4% 24% 34%
2007 29.5% 9.37% 23.2% 37.8%
2006 29.5% 13.9% 25.6% 39.6%
2005 29% 19.1% 19.8% 43.3%
2004 29.9% 30.1% 19.3% 52.2%
2003 28.5% 38.8% 20% 56.2%
2002 31.6% 47.7% 21.3% 60.7%
2001 32.1% 59.2% 19.1% 53.4%
2000 29.8% 51.6% 20% 43.6%
1999 42.4% 81.8% 18.8% 38.4%
1998 55.1% 76.6% - -
1997 47.6% 54.4% - -
1996 55.2% 57.8% - -
1995 52.2% 50.2% - -
1994 59.8% 54.8% - -
1993 62.8% 46.3% - -
1992 54.2% 19.9% - -
1991 57.5% 21.8% - -
1990 50% 12.6% - -

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

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

In 2025, Qatar's government spending was $58.4B, accounting for 27.1% of its GDP, while Tonga spent $318M, or 46.8% of GDP.

Debt-to-GDP ratio is 41.4% in Qatar and 27.4% in Tonga, ranking 127/185 and 162/185, respectively.

Government deficit by year

Deficit/surplus
Qatar

Tonga
1x
Year Deficit/surplus, % of GDP
Qatar Tonga
2025 -1% 4.86%
2024 0.71% 3.6%
2023 5.51% 5.28%
2022 10.4% -0.09%
2021 0.24% -0.87%
2020 -2.13% 5.15%
2019 1% 3.2%
2018 2.26% 2.9%
2017 -6.82% 3.58%
2016 -9.2% 1.47%
2015 18.4% -2.75%
2014 13.4% 6.38%
2013 19.3% -1.3%
2012 8.55% -1.74%
2011 5.24% -6.02%
2010 4.6% -1.22%
2009 14.1% 6.85%
2008 9.49% 2.14%
2007 10.3% 5.39%
2006 8.39% 1.34%
2005 9.8% 4.23%
2004 17.7% 4.23%
2003 6.71% 2.37%
2002 7.89% 2.59%
2001 4.48% 2.23%
2000 4.62% 1.35%
1999 -4.35% 1.55%
1998 -7% -
1997 -9.4% -
1996 -8.73% -
1995 -5.78% -
1994 -11.8% -
1993 -9.53% -
1992 -2.74% -
1991 -2.57% -
1990 3.23% -

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

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

In 2025, Qatar's government deficit, the difference between spending and revenue, was $2.16B, equivalent to 1% of GDP. This compares to Tonga's surplus of $33M, or 4.86% of GDP.

Over the past 27 years, Qatar recorded a fiscal deficit in 5 of those years, while Tonga ran a deficit in 7 years. On average, Qatar posted an annual surplus equal to 5.91% of GDP, compared to surplus of 2.1% of GDP for Tonga.

Inflation comparison by year

Inflation
Qatar

Tonga
1x
Year Consumer prices inflation
Qatar Tonga
2025 0.6% 5.59%
2024 1.2% 3.18%
2023 3.1% 6.35%
2022 5% 11%
2021 2.3% 5.64%
2020 -2.5% -0.35%
2019 -0.9% 1.18%
2018 0.1% 5.03%
2017 0.6% 7.52%
2016 2.7% 2.58%
2015 0.9% -1.05%
2014 4.2% 2.51%
2013 3.1% 0.78%
2012 1.8% 1.15%
2011 2% 6.27%
2010 -2.4% 3.53%
2009 -4.9% 1.43%
2008 15.1% 10.4%
2007 13.7% 5.84%
2006 11.7% 6.15%
2005 9% 8.67%
2004 6.8% 11%
2003 2.3% 11.6%
2002 0.2% 10.4%
2001 1.7% 8.29%
2000 1.6% 6.33%
1999 2.2% 4.46%
1998 2.9% 3.27%
1997 2.7% 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/qatar/tonga | CC BY

Over the past 29 years, Qatar has recorded an average annual inflation rate of 2.99%, compared with 5.2% in Tonga. In 2025, inflation was 0.6% in Qatar and 5.59% in Tonga.

Balance of trade

Qatar Tonga
Current account balance
$31.9B
2025
-$43.5M
2024
Current account balance ranking
17/190
2025
76/190
2024
Current account balance, % of GDP
+14.8%
2025
-6.72%
2024
Goods imports
$34.3B
2025
$232M
2024
Goods exports
$90B
2025
$10.8M
2024
Service imports
$31.3B
2025
$161M
2024
Service exports
$24.4B
2025
$93.6M
2024
Imports of goods and services, % of GDP
31.6%
2022
60.7%
2024
Exports of goods and services, % of GDP
68.6%
2022
16.9%
2024

Economic freedom indices

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

Qatar Tonga
Economic freedom 70.2 58.9
Economic freedom ranking 37/197 107/197
Property rights 66.2 71.1
Government integrity 53.5 45.1
Judicial effectiveness 41.5 64.9
Tax burden 99.9 85.6
Government spending 79.9 31
Fiscal health 96.6 97.3
Business freedom 68 59.2
Labor freedom 58.5 55.9
Monetary freedom 76 61
Trade freedom 81.8 75.4
Investment freedom 60 40
Financial freedom 60 20

Economic freedom comparison by year

Qatar
Tonga
1x
Year Economic freedom index
Qatar Tonga
2026 70.2 58.9
2025 70.2 58.5
2024 68.8 59.2
2023 68.6 60
2022 67.7 60.8
2021 72 57.5
2020 72.3 58.8
2019 72.6 57.7
2018 72.6 63.1
2017 73.1 63
2016 70.7 59.6
2015 70.8 59.3
2014 71.2 58.2
2013 71.3 56
2012 71.3 57
2011 70.5 55.8
2010 69 53.4
2009 65.8 54.1
2008 62.2 -
2007 62.9 -
2006 62.4 -
2005 63.5 -
2004 66.5 -
2003 65.9 -
2002 61.9 -
2001 60 -
2000 62 -
1999 62 -

Data sources: The Heritage Foundation | Economic Freedom Index (1999–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Qatar is 70.2, ranking 37/197, 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

Qatar Tonga
Services, % of GDP
47%
2025
49.5%
2024
Industry, % of GDP
57%
2025
17.7%
2024
Agriculture, forestry, and fishing, % of GDP
0.31%
2025
18.6%
2024
GNI, Atlas method
$221B
2025
$709M
2025
GNI per capita, PPP
$126,290
2025
$9,240
2025
Total reserves including gold
$55.8B
2025
$413M
2025
Total reserves ranking
45/177
2025
162/177
2025
Net foreign direct investment
$311M
2025
$13.3M
2024
Net inflows of foreign direct investment
$460M
2024
-$12.1M
2024
Net outflows of foreign direct investment
$1.56B
2024
$1.25M
2024
Servicing debt to the IMF, % of GNI n/a
6.33%
2024
Poverty at national poverty lines n/a
20.6%
2021
Gross capital formation, % of GDP
30.6%
2022
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/qatar/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 (1999–2026, 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.