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Economy of Samoa vs Tonga compared: GDP & Debt

Updated on by Georank team

Samoa has a GDP of $1.18B compared to $591M for Tonga, ranking 185/197 and 191/197 by economy size, respectively.

Samoa has $326M in government debt (19.4% of GDP), compared to $260M (51.7% of GDP) in Tonga.

The chart below compares the two countries' GDP growth in both current (nominal) and constant dollars, accounting for inflation over time.

Samoa
GDP, current $

GDP, constant 2015 $
Tonga
GDP, current $

GDP, constant 2015 $
Year GDP
Samoa Tonga
Current $ Constant $ Current $ Constant $
1970 $45,208,338 $340,680,798 - -
1971 $53,719,569 $386,718,744 - -
1972 $62,566,116 $392,857,137 - -
1973 $82,452,985 $421,502,969 - -
1974 $93,549,611 $376,488,089 - -
1975 $93,489,283 $362,165,173 $32,506,742 -
1976 $85,003,078 $395,926,333 $30,036,417 -
1977 $98,295,671 $392,857,137 $34,139,388 -
1978 $108,223,444 $417,410,708 $41,567,472 -
1979 $122,257,393 $462,946,425 $44,667,002 -
1980 $125,747,038 $434,275,788 $53,260,077 -
1981 $118,190,655 $395,064,496 $62,242,013 $253,486,812
1982 $121,221,652 $391,269,846 $62,068,161 $265,505,295
1983 $111,862,824 $392,956,360 $60,863,964 $270,768,679
1984 $109,200,934 $398,015,901 $64,248,355 $275,475,700
1985 $95,572,173 $413,616,120 $60,058,663 $293,542,673
1986 $100,947,849 $436,383,943 $68,195,856 $299,761,847
1987 $111,713,922 $438,492,097 $81,667,133 $308,711,650
1988 $133,016,065 $432,167,727 $106,657,267 $302,902,092
1989 $122,888,610 $448,189,540 $106,344,855 $304,083,128
1990 $125,766,270 $428,373,059 $113,563,822 $297,867,390
1991 $125,597,205 $418,520,426 $132,201,141 $316,975,445
1992 $132,303,041 $417,683,439 $137,066,291 $317,774,139
1993 $133,122,897 $434,808,422 $138,489,884 $329,652,721
1994 $221,098,107 $423,755,155 $195,990,986 $345,978,842
1995 $224,865,731 $452,035,062 $208,871,666 $367,526,959
1996 $249,907,869 $484,486,518 $222,100,576 $367,868,458
1997 $285,475,592 $487,603,826 $214,991,452 $365,659,269
1998 $269,485,244 $498,306,192 $191,504,893 $374,042,287
1999 $255,408,060 $509,196,347 $199,208,718 $382,654,471
2000 $258,856,140 $535,129,944 $204,848,488 $397,019,693
2001 $266,299,591 $574,676,738 $181,117,230 $402,945,137
2002 $281,790,134 $607,157,233 $182,764,281 $420,792,478
2003 $333,426,188 $638,806,086 $202,246,591 $421,010,472
2004 $407,747,565 $658,527,693 $230,678,011 $412,725,207
2005 $476,801,793 $702,248,687 $261,823,805 $410,010,917
2006 $499,923,758 $717,221,522 $292,232,703 $401,131,460
2007 $573,548,460 $720,707,093 $298,519,623 $391,246,346
2008 $641,346,192 $746,336,192 $344,438,844 $410,272,035
2009 $628,006,115 $742,293,456 $312,415,028 $389,228,452
2010 $680,260,907 $787,756,851 $366,887,375 $392,437,239
2011 $744,097,050 $818,078,226 $414,143,828 $418,745,044
2012 $773,141,661 $787,546,482 $471,122,971 $422,596,498
2013 $797,736,334 $788,391,466 $451,788,498 $424,261,201
2014 $796,683,520 $793,594,249 $440,997,738 $432,706,274
2015 $824,150,499 $824,150,499 $437,525,514 $437,525,514
2016 $843,924,797 $889,949,544 $420,828,262 $466,396,529
2017 $884,844,384 $902,464,748 $459,976,850 $481,332,022
2018 $878,448,433 $896,962,898 $493,530,783 $483,872,624
2019 $912,950,466 $936,894,421 $506,031,239 $482,492,577
2020 $868,884,903 $907,769,701 $506,571,468 $491,207,297
2021 $859,724,936 $861,986,288 $519,306,353 $486,614,871
2022 $889,554,712 $881,527,953 $556,514,555 $476,257,056
2023 $1,044,909,500 $1,015,816,489 $591,139,749 $489,545,312
2024 $1,175,749,786 $1,064,051,362 - -

Economic indicators

Samoa Tonga
Gross domestic product
$1.18B
2024
$591M
2023
GDP rank
185/197
2024
191/197
2023
GDP growth
12.5%
2023-2024
6.22%
2022-2023
GDP per capita
$5,393
2024
$5,652
2023
GDP per capita rank
117/197
2024
115/197
2023
GDP per capita, PPP
$8,737
2024
$7,803
2023
Government debt
$326M
2024
$260M
2023
Debt-to-GDP ratio
19.4%
2026
51.7%
2026
Government debt per person
$1,494
2024
$2,484
2023
Government debt per person rank
131/185
2024
111/185
2023
Average annual personal income after taxes
$3,507
2026
$4,126
2026
Income share by richest 10%
31.3%
2013
22%
2021
Income share by poorest 10%
2.7%
2013
4%
2021
Government expenditure, % of GDP
33.5%
2026
48.7%
2026
Consumer prices inflation
2.17%
2023-2024
3.18%
2023-2024
Central bank interest rate
0.37%
2024
n/a
Unemployment rate
5.05%
2022
1.65%
2023
Population
220543
103290

GDP per capita in Samoa vs Tonga

Samoa's GDP per capita is $5,393, ranking 117/197, compared to $5,652 in Tonga, ranking 115/197. Adjusted for purchasing power (GDP per capita PPP), Samoa ranks 137th at $8,737, while Tonga ranks 144th at $7,803.

Samoa
GDP per capita

GDP per capita, PPP
Tonga
GDP per capita

GDP per capita, PPP
Year Current $
Samoa Tonga
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
1970 $322 - - -
1971 $377 - - -
1972 $433 - - -
1973 $563 - - -
1974 $626 - - -
1975 $610 - $349 -
1976 $541 - $315 -
1977 $615 - $353 -
1978 $671 - $428 -
1979 $751 - $458 -
1980 $765 - $545 -
1981 $713 - $636 -
1982 $728 - $633 -
1983 $671 - $621 -
1984 $655 - $656 -
1985 $573 - $613 -
1986 $604 - $696 -
1987 $666 - $830 -
1988 $790 - $1,078 -
1989 $728 - $1,070 -
1990 $744 $2,148 $1,139 $2,416
1991 $742 $2,166 $1,323 $2,652
1992 $777 $2,198 $1,370 $2,716
1993 $775 $2,323 $1,383 $2,882
1994 $1,277 $2,294 $1,957 $3,088
1995 $1,288 $2,478 $2,084 $3,347
1996 $1,419 $2,681 $2,215 $3,410
1997 $1,608 $2,722 $2,136 $3,434
1998 $1,506 $2,792 $1,889 $3,527
1999 $1,417 $2,871 $1,952 $3,636
2000 $1,425 $3,062 $1,995 $3,834
2001 $1,454 $3,335 $1,754 $3,955
2002 $1,528 $3,553 $1,759 $4,171
2003 $1,798 $3,792 $1,936 $4,231
2004 $2,189 $3,997 $2,195 $4,235
2005 $2,550 $4,379 $2,478 $4,315
2006 $2,663 $4,592 $2,750 $4,327
2007 $3,039 $4,713 $2,797 $4,316
2008 $3,374 $4,939 $3,218 $4,600
2009 $3,279 $4,906 $2,914 $4,384
2010 $3,524 $5,229 $3,416 $4,465
2011 $3,822 $5,494 $3,850 $4,855
2012 $3,935 $5,339 $4,384 $4,996
2013 $4,024 $5,387 $4,219 $5,120
2014 $3,983 $5,468 $4,137 $5,336
2015 $4,084 $5,682 $4,124 $5,472
2016 $4,147 $6,141 $3,988 $5,920
2017 $4,308 $6,280 $4,366 $6,229
2018 $4,232 $6,318 $4,675 $6,393
2019 $4,352 $6,638 $4,789 $6,473
2020 $4,100 $6,451 $4,792 $6,676
2021 $4,022 $6,350 $4,923 $6,929
2022 $4,132 $6,909 $5,298 $7,296
2023 $4,823 $8,195 $5,652 $7,803
2024 $5,393 $8,737 - -

Spending and national debt comparison

In 2024, Samoa's government spending was $341M, accounting for 33.5% of its GDP, while Tonga's spent $285M, or 48.7% of GDP.

Debt-to-GDP ratio is 19.4% in Samoa and 51.7% in Tonga, ranking 174/185 and 104/185, respectively.

Samoa
Government spending

Government debt
Tonga
Government spending

Government debt
Year % of GDP
Samoa Tonga
Government spending Government debt Government spending Government debt
1992 43.4% - - -
1993 49.5% - - -
1994 54.1% - - -
1995 42.2% - - -
1996 38.9% - - -
1997 31% - - -
1998 28.1% 58.9% - -
1999 33.8% 59.4% 18.8% 38.4%
2000 30.4% 55.8% 20% 43.6%
2001 30% 53.8% 19.1% 53.4%
2002 30.7% 50.3% 21.3% 60.7%
2003 28.5% 42.8% 20% 56.2%
2004 27.3% 39.8% 19.3% 52.2%
2005 30.6% 34.2% 19.8% 43.3%
2006 27.7% 33.5% 25.6% 39.6%
2007 31.1% 31.5% 23.2% 37.8%
2008 27.7% 28.2% 24% 34%
2009 31.5% 33.3% 23.9% 39.7%
2010 29.4% 40.3% 28.4% 44.7%
2011 33.7% 41.5% 32.6% 51.9%
2012 33.6% 50.9% 32% 60%
2013 30.7% 54.1% 34.3% 48.9%
2014 35.3% 54.9% 31.5% 47.4%
2015 30.5% 56.4% 37.4% 51.1%
2016 27.3% 49% 37.2% 49.4%
2017 30.9% 46.7% 39.7% 44.7%
2018 30% 49.4% 39.6% 45.8%
2019 31.8% 44.3% 39.9% 42.8%
2020 30.5% 43.2% 37.9% 42.6%
2021 34.7% 46.3% 44.6% 43%
2022 33.2% 43.8% 44.4% 43.8%
2023 32.1% 35.4% 48.2% 43.9%
2024 29% 27.7% 49.6% 38.2%
2025 33.1% 22.5% 49.7% 44.1%
2026 33.5% 19.4% 48.7% 51.7%

Government deficit by year

In 2023, Samoa's government surplus, the difference between spending and revenue, was $31.4M, equivalent to 3.01% of GDP. This compares to Tonga's surplus of $36.3M, or 6.14% of GDP.

Over the past 25 years, Samoa recorded a fiscal deficit in 16 of those years, while Tonga ran a deficit in 7 years. On average, Samoa posted an annual deficit equal to -0.99% of GDP, compared to surplus of +1.95% of GDP for Tonga.

Deficit/surplus
Samoa

Tonga
Year Deficit/surplus, % of GDP
Samoa Tonga
1992 -9.89% -
1993 -13.2% -
1994 -9.51% -
1995 -5.82% -
1996 1.21% -
1997 1.92% -
1998 1.64% -
1999 0.27% 1.55%
2000 -0.62% 1.35%
2001 -1.96% 2.23%
2002 -1.77% 2.59%
2003 -0.51% 2.37%
2004 -0.74% 4.23%
2005 0.23% 4.23%
2006 -0.44% 1.34%
2007 0.55% 5.39%
2008 -0.36% 2.14%
2009 -2.98% 6.85%
2010 -5.49% -1.22%
2011 -5.25% -6.02%
2012 -7.43% -1.74%
2013 -3.82% -1.3%
2014 -5.38% 6.38%
2015 -3.79% -2.75%
2016 -0.35% 1.47%
2017 -1.98% 3.58%
2018 0.06% 2.92%
2019 1.51% 3.28%
2020 5.41% 5.25%
2021 1.74% -0.87%
2022 5.37% -0.69%
2023 3.01% 6.14%
2024 10.2% 3.49%
2025 -0.11% -7.9%
2026 -1.49% -9.49%

Inflation comparison by year

Over the past 28 years, Samoa has recorded an average annual inflation rate of 3.84%, compared with 5.19% in Tonga. In 2024, inflation was 2.17% in Samoa and 3.18% in Tonga.

Inflation
Samoa

Tonga
Year Inflation
Samoa Tonga
1997 6.86% 2.12%
1998 2.22% 3.27%
1999 0.27% 4.46%
2000 0.97% 6.33%
2001 3.84% 8.29%
2002 8.05% 10.4%
2003 0.12% 11.6%
2004 16.3% 11%
2005 1.86% 8.67%
2006 3.7% 6.15%
2007 5.58% 5.84%
2008 11.6% 10.4%
2009 6.32% 1.43%
2010 0.78% 3.53%
2011 5.24% 6.27%
2012 2.05% 1.15%
2013 0.61% 0.78%
2014 -0.41% 2.51%
2015 0.72% -1.05%
2016 1.3% 2.58%
2017 1.75% 7.52%
2018 4.2% 5.03%
2019 0.98% 1.18%
2020 -1.57% -0.35%
2021 3.13% 5.64%
2022 11% 11%
2023 7.92% 6.35%
2024 2.17% 3.18%

Top exports between countries

Samoa
Export category Export value
Processed food, beverages & tobacco $108K
Textiles & consumer goods $36K
Machinery & equipment $19K
Raw materials & minerals $19K
Chemicals & pharma $12K
Metals $1K
Miscellaneous $1K
Tonga
Export category Export value
Animal & marine products $349K
Raw agricultural goods $79K
Machinery & equipment $22K
Wood & paper products $2K

Balance of trade

Samoa Tonga
Current account balance
$65.6M
2024
-$43.5M
2024
Current account balance ranking
72/190
2024
83/190
2024
Current account balance, % of GDP
+5.58%
2024
-7.93%
2023
Goods imports
$448M
2024
$232M
2024
Goods exports
$42.2M
2024
$10.8M
2024
Service imports
$128M
2024
$161M
2024
Service exports
$327M
2024
$93.6M
2024
Imports of goods and services, % of GDP
48.9%
2024
64.9%
2023
Exports of goods and services, % of GDP
30.7%
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.

Samoa Tonga
Economic freedom 66.6 58.5
Economic freedom ranking 56/197 106/197
Property rights 76.1 67.9
Government integrity 60.3 45.8
Judicial effectiveness 77.7 65.7
Tax burden 79 84.9
Government spending 67.3 28.9
Fiscal health 97.8 96.3
Business freedom 63.5 59.5
Labor freedom 76.2 56.6
Monetary freedom 64.6 61
Trade freedom 67.2 75.4
Investment freedom 40 40
Financial freedom 30 20

Economic freedom by year comparison

The Economic Freedom Index for Samoa is 66.6, ranking 56/197, compared to 58.5 for Tonga, ranking 106/197. The chart below displays a comparison of annual changes in economic freedom indexes.

Samoa
Tonga
Year Economic freedom index
Samoa Tonga
1996 47.6 -
1997 51.5 -
1998 49.9 -
1999 58.7 -
2000 60.8 -
2001 63.1 -
2002 - -
2003 - -
2004 - -
2005 - -
2006 - -
2007 - -
2008 - -
2009 59.5 54.1
2010 60.4 53.4
2011 60.6 55.8
2012 60.5 57
2013 57.1 56
2014 61.1 58.2
2015 61.9 59.3
2016 63.5 59.6
2017 58.4 63
2018 61.5 63.1
2019 62.2 57.7
2020 62.1 58.8
2021 61.9 57.5
2022 68.3 60.8
2023 68.3 60
2024 67.2 59.2
2025 66.6 58.5

More economic indicators

Samoa Tonga
Services, % of GDP
69.4%
2024
50%
2023
Industry, % of GDP
10.6%
2024
14.9%
2023
Agriculture, forestry, and fishing, % of GDP
9.8%
2024
19%
2023
GNI, Atlas method
$1.1B
2024
$619M
2023
GNI per capita, PPP
$8,620
2024
$8,400
2023
Total reserves including gold
$508M
2024
$377M
2024
Total reserves ranking
155/177
2024
163/177
2024
Net foreign direct investment
-$1.69M
2024
$13.3M
2024
Net inflows of foreign direct investment
$3.74M
2024
-$12.1M
2024
Net outflows of foreign direct investment
$2.05M
2024
$1.25M
2024
Servicing debt to the IMF, % of GNI
3.15%
2024
2.76%
2023
Poverty at national poverty lines
21.9%
2018
20.6%
2021
Gross capital formation, % of GDP
29%
2024
25.9%
2023

GDP per capita map

GDP per capita

Compare countries by 7 more topics

Economy comparisons

Economy vs Samoa vs Tonga
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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.