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Economy of Romania vs Tonga compared: GDP & Debt

Updated on by Georank

Romania has a GDP of $429B compared to $679M for Tonga, ranking 39/197 and 191/197 by economy size, respectively.

Romania has $260B in government debt (60.6% of GDP), compared to $186M (27.4% of GDP) in Tonga.

Romania vs Tonga GDP by year

Romania
Tonga
1x
Year GDP, current $
Romania Tonga
2025 $428,677,977,855 $679,218,219
2024 $382,564,217,989 $647,488,244
2023 $347,757,995,759 $591,139,734
2022 $295,317,862,856 $556,514,556
2021 $285,072,444,957 $519,306,339
2020 $250,624,575,872 $506,571,487
2019 $250,080,428,512 $506,031,248
2018 $241,791,427,224 $493,530,767
2017 $210,147,385,855 $459,976,847
2016 $185,290,759,249 $420,828,255
2015 $177,885,131,240 $437,525,539
2014 $199,722,319,676 $440,997,735
2013 $189,798,603,751 $451,788,498
2012 $179,117,323,107 $471,122,971
2011 $192,623,977,894 $414,143,828
2010 $170,064,350,672 $366,887,375
2009 $174,110,532,659 $312,415,028
2008 $214,315,932,061 $344,438,844
2007 $174,588,782,939 $298,519,623
2006 $122,023,735,993 $292,232,703
2005 $98,454,380,120 $261,823,805
2004 $74,973,656,852 $230,678,011
2003 $57,806,384,143 $202,246,591
2002 $46,065,502,703 $182,764,281
2001 $40,395,116,581 $181,117,230
2000 $37,253,739,511 $204,848,488
1999 $35,953,156,754 $199,208,718
1998 $41,696,091,974 $191,504,893
1997 $35,575,214,078 $214,991,452
1996 $36,937,074,278 $222,100,576
1995 $37,430,162,103 $208,871,666
1994 $30,072,805,104 $195,990,986
1993 $26,361,160,450 $138,489,884
1992 $25,121,666,667 $137,066,291
1991 $28,850,634,900 $132,201,141
1990 $38,247,882,300 $113,563,822
1989 $41,450,777,202 $106,344,855
1988 $40,424,528,302 $106,657,267
1987 $38,067,567,568 $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/romania/tonga | CC BY

GDP per capita in Romania vs Tonga by year

Romania
GDP per capita

GDP per capita, PPP
Tonga
GDP per capita

GDP per capita, PPP
1x
Year Current $
Romania Tonga
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $22,538 - $6,547 -
2024 $20,080 $49,077 $6,215 -
2023 $18,244 $45,982 $5,652 $7,803
2022 $15,503 $41,979 $5,298 $7,296
2021 $14,908 $37,534 $4,923 $6,929
2020 $13,009 $34,194 $4,792 $6,676
2019 $12,910 $33,425 $4,789 $6,473
2018 $12,416 $29,383 $4,675 $6,393
2017 $10,728 $26,943 $4,366 $6,229
2016 $9,405 $23,905 $3,988 $5,920
2015 $8,977 $21,625 $4,124 $5,472
2014 $10,032 $20,633 $4,137 $5,336
2013 $9,498 $19,678 $4,219 $5,120
2012 $8,930 $19,808 $4,384 $4,996
2011 $9,561 $18,804 $3,850 $4,855
2010 $8,400 $17,355 $3,416 $4,465
2009 $8,548 $16,641 $2,914 $4,384
2008 $10,435 $16,782 $3,218 $4,600
2007 $8,360 $13,703 $2,797 $4,316
2006 $5,758 $11,554 $2,750 $4,327
2005 $4,618 $9,602 $2,478 $4,315
2004 $3,495 $8,989 $2,195 $4,235
2003 $2,679 $7,559 $1,936 $4,231
2002 $2,120 $7,162 $1,759 $4,171
2001 $1,825 $6,520 $1,754 $3,955
2000 $1,660 $5,850 $1,995 $3,834
1999 $1,600 $5,596 $1,952 $3,636
1998 $1,853 $5,545 $1,889 $3,527
1997 $1,577 $5,564 $2,136 $3,434
1996 $1,633 $5,746 $2,215 $3,410
1995 $1,650 $5,429 $2,084 $3,347
1994 $1,323 $4,995 $1,957 $3,088
1993 $1,158 $4,699 $1,383 $2,882
1992 $1,102 $4,515 $1,370 $2,716
1991 $1,254 $4,795 $1,323 $2,652
1990 $1,648 $5,280 $1,139 $2,416
1989 $1,790 - $1,070 -
1988 $1,753 - $1,078 -
1987 $1,659 - $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/romania/tonga | CC BY

Romania's GDP per capita is $22,538, ranking 57/197, compared to $6,547 in Tonga, ranking 110/197. Adjusted for purchasing power (GDP per capita PPP), Romania ranks 47th at $49,077, while Tonga ranks 144th at $7,803.

Economic indicators

Romania Tonga
Gross domestic product
$429B
2025
$679M
2025
GDP rank
39/197
2025
191/197
2025
GDP growth
0.68%
2024-2025
2.8%
2024-2025
GDP per capita
$22,538
2025
$6,547
2025
GDP per capita rank
57/197
2025
110/197
2025
GDP per capita, PPP
$49,077
2024
$7,803
2023
GDP per capita PPP rank
47/197
2024
144/197
2023
Government debt
$260B
2025
$186M
2025
Debt-to-GDP ratio
60.6%
2025
27.4%
2025
Government debt per person
$13,650
2025
$1,793
2025
Government debt per person rank
48/185
2025
123/185
2025
Average annual personal income after taxes
$13,510
2026
$4,104
2026
Market capitalization of domestic companies
$70.9B
2025
n/a
Number of billionaires
6
2026
n/a
Income share by richest 10%
21.8%
2023
22%
2021
Income share by poorest 10%
2.4%
2023
4%
2021
Government expenditure, % of GDP
40.5%
2025
46.8%
2025
Consumer prices inflation
7.3%
2024-2025
5.59%
2024-2025
Central bank interest rate
6.5%
2024
n/a
Unemployment rate
6.1%
2025
1.65%
2023
Population
18912567
103283

Spending and national debt comparison by year

Romania
Spending

Debt
Tonga
Spending

Debt
1x
Year % of GDP
Romania Tonga
Government spending Government debt Government spending Government debt
2025 40.5% 60.6% 46.8% 27.4%
2024 40% 57.5% 44.3% 31.9%
2023 37% 52.6% 41.5% 37.2%
2022 37.5% 51.9% 41.3% 40.2%
2021 37.2% 51.8% 44.5% 43%
2020 38.3% 49.5% 37.1% 41.7%
2019 33.4% 36.8% 39% 41.8%
2018 31.9% 36.4% 39.3% 45.5%
2017 31% 37.1% 39.7% 44.7%
2016 31.8% 39.5% 37.2% 49.4%
2015 34.2% 39.4% 37.4% 51.1%
2014 33.8% 40.5% 31.5% 47.4%
2013 34.2% 39.3% 34.3% 48.9%
2012 33.5% 36.2% 32% 60%
2011 35% 32.6% 32.6% 51.9%
2010 37.4% 30.2% 28.4% 44.7%
2009 36.3% 22.5% 23.9% 39.7%
2008 35.3% 13% 24% 34%
2007 34.6% 12.4% 23.2% 37.8%
2006 33.9% 12.7% 25.6% 39.6%
2005 32.3% 17.8% 19.8% 43.3%
2004 33.7% 21.3% 19.3% 52.2%
2003 31.8% 24.9% 20% 56.2%
2002 32.1% 27.4% 21.3% 60.7%
2001 33.2% 27.4% 19.1% 53.4%
2000 35% 29.6% 20% 43.6%
1999 35.1% 21.7% 18.8% 38.4%
1998 34.7% 16.5% - -
1997 33.5% 15% - -
1996 33.5% 11% - -
1995 34.4% 6.91% - -
1994 33.1% - - -
1993 33.5% - - -
1992 41.5% - - -
1991 38.3% - - -
1990 38.4% - - -
1989 40.1% - - -
1988 36.6% - - -
1987 40.7% - - -
1986 42.5% - - -
1985 41.6% - - -
1984 28.6% - - -
1983 25.8% - - -
1982 28.5% - - -
1981 30.4% - - -
1980 33.6% - - -
1979 42% - - -
1978 42.1% - - -
1977 39.9% - - -
1976 37.5% - - -
1975 40.6% - - -
1974 37.6% - - -
1973 32.6% - - -
1972 29.9% - - -
1971 27.2% - - -
1970 28.1% - - -
1969 32.1% - - -
1968 31.8% - - -
1967 30.6% - - -
1966 27.3% - - -
1965 25.6% - - -
1964 25.1% - - -
1963 23.1% - - -
1962 43.4% - - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1962–1999, retrieved 2026-07-08).

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

In 2025, Romania's government spending was $173B, accounting for 40.5% of its GDP, while Tonga spent $318M, or 46.8% of GDP.

Debt-to-GDP ratio is 60.6% in Romania and 27.4% in Tonga, ranking 76/185 and 162/185, respectively.

Government deficit by year

Deficit/surplus
Romania

Tonga
1x
Year Deficit/surplus, % of GDP
Romania Tonga
2025 -7.64% 4.86%
2024 -8.68% 3.6%
2023 -5.66% 5.28%
2022 -5.85% -0.09%
2021 -6.74% -0.87%
2020 -9.6% 5.15%
2019 -4.58% 3.2%
2018 -2.76% 2.9%
2017 -2.86% 3.58%
2016 -2.5% 1.47%
2015 -1.35% -2.75%
2014 -1.76% 6.38%
2013 -2.44% -1.3%
2012 -2.39% -1.74%
2011 -4.14% -6.02%
2010 -6.22% -1.22%
2009 -6.86% 6.85%
2008 -4.6% 2.14%
2007 -3.05% 5.39%
2006 -1.36% 1.34%
2005 -0.69% 4.23%
2004 -3.39% 4.23%
2003 -2.29% 2.37%
2002 -2.59% 2.59%
2001 -3.2% 2.23%
2000 -3.99% 1.35%
1999 -3.58% 1.55%
1998 -5.33% -
1997 -5.19% -
1996 -4.74% -
1995 -3.32% -
1994 -2.2% -
1993 -0.35% -
1992 -4.55% -
1991 3.23% -
1990 1.03% -
1989 -2.87% -
1988 8.4% -
1987 2.37% -
1986 5.72% -
1985 6.36% -
1984 15.2% -
1983 9.35% -
1982 0.36% -
1981 0.61% -
1980 -1.95% -
1979 0% -
1978 0% -
1977 0.23% -
1976 0.66% -
1975 0.41% -
1974 0.51% -
1973 1.53% -
1972 1.21% -
1971 0.89% -
1970 0.52% -
1969 0.93% -
1968 1.65% -
1967 1.23% -
1966 0.91% -
1965 -1.29% -
1964 -3.11% -
1963 -1.61% -
1962 -4.86% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1962–1989, retrieved 2026-07-08).

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

In 2025, Romania's government deficit, the difference between spending and revenue, was $32.8B, equivalent to 7.64% of GDP. This compares to Tonga's surplus of $33M, or 4.86% of GDP.

Over the past 27 years, Romania recorded a fiscal deficit in 27 of those years, while Tonga ran a deficit in 7 years. On average, Romania posted an annual deficit equal to 4.1% of GDP, compared to surplus of 2.1% of GDP for Tonga.

Inflation comparison by year

Inflation
Romania

Tonga
1x
Year Consumer prices inflation
Romania Tonga
2025 7.3% 5.59%
2024 5.6% 3.18%
2023 10.4% 6.35%
2022 13.8% 11%
2021 5% 5.64%
2020 2.6% -0.35%
2019 3.8% 1.18%
2018 4.6% 5.03%
2017 1.3% 7.52%
2016 -1.6% 2.58%
2015 -0.6% -1.05%
2014 1.1% 2.51%
2013 4% 0.78%
2012 3.3% 1.15%
2011 5.8% 6.27%
2010 6.1% 3.53%
2009 5.6% 1.43%
2008 7.8% 10.4%
2007 4.8% 5.84%
2006 6.6% 6.15%
2005 9% 8.67%
2004 11.9% 11%
2003 15.4% 11.6%
2002 22.5% 10.4%
2001 34.5% 8.29%
2000 45.7% 6.33%
1999 45.8% 4.46%
1998 59.1% 3.27%
1997 154.8% 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/romania/tonga | CC BY

Over the past 29 years, Romania has recorded an average annual inflation rate of 17.1%, compared with 5.2% in Tonga. In 2025, inflation was 7.3% in Romania and 5.59% in Tonga.

Top exports between countries

Romania
Export category Export value
Machinery & equipment $24K
Tonga
Export category Export value

Balance of trade

Romania Tonga
Current account balance
-$33.9B
2025
-$43.5M
2024
Current account balance ranking
186/190
2025
76/190
2024
Current account balance, % of GDP
-7.9%
2025
-6.72%
2024
Goods imports
$139B
2025
$232M
2024
Goods exports
$102B
2025
$10.8M
2024
Service imports
$35.9B
2025
$161M
2024
Service exports
$50.1B
2025
$93.6M
2024
Imports of goods and services, % of GDP
40.7%
2025
60.7%
2024
Exports of goods and services, % of GDP
35.5%
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.

Romania Tonga
Economic freedom 65.4 58.9
Economic freedom ranking 64/197 107/197
Property rights 81 71.1
Government integrity 50 45.1
Judicial effectiveness 67 64.9
Tax burden 89.1 85.6
Government spending 56.7 31
Fiscal health 21.4 97.3
Business freedom 74.4 59.2
Labor freedom 63.6 55.9
Monetary freedom 72.7 61
Trade freedom 79.4 75.4
Investment freedom 70 40
Financial freedom 60 20

Economic freedom comparison by year

Romania
Tonga
1x
Year Economic freedom index
Romania Tonga
2026 65.4 58.9
2025 66.5 58.5
2024 64.4 59.2
2023 64.5 60
2022 67.1 60.8
2021 69.5 57.5
2020 69.7 58.8
2019 68.6 57.7
2018 69.4 63.1
2017 69.7 63
2016 65.6 59.6
2015 66.6 59.3
2014 65.5 58.2
2013 65.1 56
2012 64.4 57
2011 64.7 55.8
2010 64.2 53.4
2009 63.2 54.1
2008 61.7 -
2007 61.2 -
2006 58.2 -
2005 52.1 -
2004 50 -
2003 50.6 -
2002 48.7 -
2001 50 -
2000 52.1 -
1999 50.1 -
1998 54.4 -
1997 50.8 -
1996 46.2 -
1995 42.9 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Romania is 65.4, ranking 64/197, 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

Romania Tonga
Services, % of GDP
61.7%
2025
49.5%
2024
Industry, % of GDP
25.3%
2025
17.7%
2024
Agriculture, forestry, and fishing, % of GDP
3%
2025
18.6%
2024
GNI, Atlas method
$384B
2025
$709M
2025
GNI per capita, PPP
$49,550
2025
$9,240
2025
Total reserves including gold
$90.6B
2025
$413M
2025
Total reserves ranking
31/177
2025
162/177
2025
Net foreign direct investment
-$8.57B
2025
$13.3M
2024
Net inflows of foreign direct investment
$7.16B
2024
-$12.1M
2024
Net outflows of foreign direct investment
$1.99B
2024
$1.25M
2024
Servicing debt to the IMF, % of GNI n/a
6.33%
2024
Poverty at national poverty lines
19%
2023
20.6%
2021
Gross capital formation, % of GDP
25.9%
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/romania/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 (1990–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1962–1999, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, retrieved 2026-07-08)
  8. TradeMap (2025, 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.