Skip to content

Economy of Slovakia vs Tonga compared: GDP & Debt

Updated on by Georank

Slovakia has a GDP of $155B compared to $679M for Tonga, ranking 60/197 and 191/197 by economy size, respectively.

Slovakia has $95.3B in government debt (61.6% of GDP), compared to $186M (27.4% of GDP) in Tonga.

Slovakia vs Tonga GDP by year

Slovakia
Tonga
1x
Year GDP, current $
Slovakia Tonga
2025 $154,530,066,507 $679,218,219
2024 $140,934,076,532 $647,488,244
2023 $133,578,518,424 $591,139,734
2022 $115,792,972,358 $556,514,556
2021 $120,511,265,913 $519,306,339
2020 $107,732,602,896 $506,571,487
2019 $105,843,498,304 $506,031,248
2018 $106,611,673,365 $493,530,767
2017 $95,978,130,735 $459,976,847
2016 $90,347,173,229 $420,828,255
2015 $89,178,548,717 $437,525,539
2014 $101,713,075,599 $440,997,735
2013 $99,134,277,850 $451,788,498
2012 $94,724,394,278 $471,122,971
2011 $99,705,104,723 $414,143,828
2010 $91,112,160,801 $366,887,375
2009 $89,342,984,698 $312,415,028
2008 $96,685,492,864 $344,438,844
2007 $77,019,443,089 $298,519,623
2006 $57,111,148,619 $292,232,703
2005 $48,823,790,951 $261,823,805
2004 $42,960,730,480 $230,678,011
2003 $33,761,723,946 $202,246,591
2002 $24,768,142,566 $182,764,281
2001 $21,377,597,035 $181,117,230
2000 $20,626,538,612 $204,848,488
1999 $20,813,421,086 $199,208,718
1998 $22,911,708,405 $191,504,893
1997 $22,026,728,498 $214,991,452
1996 $21,864,845,214 $222,100,576
1995 $20,306,095,054 $208,871,666
1994 $16,187,735,322 $195,990,986
1993 $13,991,963,247 $138,489,884
1992 $12,932,972,789 $137,066,291
1991 $11,952,983,608 $132,201,141
1990 $17,068,924,602 $113,563,822
1989 - $106,344,855
1988 - $106,657,267
1987 - $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/slovakia/tonga | CC BY

GDP per capita in Slovakia vs Tonga by year

Slovakia
GDP per capita

GDP per capita, PPP
Tonga
GDP per capita

GDP per capita, PPP
1x
Year Current $
Slovakia Tonga
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $28,544 - $6,547 -
2024 $25,993 $48,132 $6,215 -
2023 $24,615 $45,974 $5,652 $7,803
2022 $21,318 $41,562 $5,298 $7,296
2021 $22,123 $38,346 $4,923 $6,929
2020 $19,735 $35,328 $4,792 $6,676
2019 $19,406 $33,986 $4,789 $6,473
2018 $19,573 $31,510 $4,675 $6,393
2017 $17,646 $30,246 $4,366 $6,229
2016 $16,636 $29,868 $3,988 $5,920
2015 $16,442 $30,148 $4,124 $5,472
2014 $18,771 $29,108 $4,137 $5,336
2013 $18,313 $28,075 $4,219 $5,120
2012 $17,517 $27,023 $4,384 $4,996
2011 $18,469 $26,202 $3,850 $4,855
2010 $16,899 $25,382 $3,416 $4,465
2009 $16,587 $23,077 $2,914 $4,384
2008 $17,974 $23,714 $3,218 $4,600
2007 $14,330 $21,232 $2,797 $4,316
2006 $10,629 $18,906 $2,750 $4,327
2005 $9,087 $16,570 $2,478 $4,315
2004 $7,997 $15,166 $2,195 $4,235
2003 $6,283 $14,088 $1,936 $4,231
2002 $4,606 $13,292 $1,759 $4,171
2001 $3,974 $12,367 $1,754 $3,955
2000 $3,828 $11,370 $1,995 $3,834
1999 $3,857 $10,726 $1,952 $3,636
1998 $4,250 $10,666 $1,889 $3,527
1997 $4,092 $10,137 $2,136 $3,434
1996 $4,069 $9,500 $2,215 $3,410
1995 $3,787 $8,812 $2,084 $3,347
1994 $3,028 $8,178 $1,957 $3,088
1993 $2,627 $7,569 $1,383 $2,882
1992 $2,438 $7,270 $1,370 $2,716
1991 $2,254 $7,623 $1,323 $2,652
1990 $3,221 $8,638 $1,139 $2,416
1989 - - $1,070 -
1988 - - $1,078 -
1987 - - $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/slovakia/tonga | CC BY

Slovakia's GDP per capita is $28,544, ranking 46/197, compared to $6,547 in Tonga, ranking 110/197. Adjusted for purchasing power (GDP per capita PPP), Slovakia ranks 49th at $48,132, while Tonga ranks 144th at $7,803.

Economic indicators

Slovakia Tonga
Gross domestic product
$155B
2025
$679M
2025
GDP rank
60/197
2025
191/197
2025
GDP growth
0.81%
2024-2025
2.8%
2024-2025
GDP per capita
$28,544
2025
$6,547
2025
GDP per capita rank
46/197
2025
110/197
2025
GDP per capita, PPP
$48,132
2024
$7,803
2023
GDP per capita PPP rank
49/197
2024
144/197
2023
Government debt
$95.3B
2025
$186M
2025
Debt-to-GDP ratio
61.6%
2025
27.4%
2025
Government debt per person
$17,597
2025
$1,793
2025
Government debt per person rank
36/185
2025
123/185
2025
Average annual personal income after taxes
$17,518
2026
$4,104
2026
Market capitalization of domestic companies
$5.38B
2014
n/a
Number of billionaires
2
2026
n/a
Income share by richest 10%
18.8%
2023
22%
2021
Income share by poorest 10%
3.3%
2023
4%
2021
Government expenditure, % of GDP
48.7%
2025
46.8%
2025
Consumer prices inflation
4%
2024-2025
5.59%
2024-2025
Unemployment rate
5.4%
2025
1.65%
2023
Population
5376239
103283

Spending and national debt comparison by year

Slovakia
Spending

Debt
Tonga
Spending

Debt
1x
Year % of GDP
Slovakia Tonga
Government spending Government debt Government spending Government debt
2025 48.7% 61.6% 46.8% 27.4%
2024 47.5% 59.7% 44.3% 31.9%
2023 48.2% 55.8% 41.5% 37.2%
2022 43.1% 57.8% 41.3% 40.2%
2021 44.8% 60.2% 44.5% 43%
2020 44.5% 58.4% 37.1% 41.7%
2019 40.6% 48% 39% 41.8%
2018 39.7% 49.3% 39.3% 45.5%
2017 39.8% 51.4% 39.7% 44.7%
2016 40.9% 52.1% 37.2% 49.4%
2015 44.1% 51.6% 37.4% 51.1%
2014 42% 53.4% 31.5% 47.4%
2013 41.1% 54.6% 34.3% 48.9%
2012 40% 51.7% 32% 60%
2011 40.8% 43.3% 32.6% 51.9%
2010 41% 40.7% 28.4% 44.7%
2009 43.2% 36.4% 23.9% 39.7%
2008 36.5% 28.6% 24% 34%
2007 35.9% 30.4% 23.2% 37.8%
2006 38.2% 31.5% 25.6% 39.6%
2005 39.1% 35% 19.8% 43.3%
2004 38.4% 42% 19.3% 52.2%
2003 40% 43.6% 20% 56.2%
2002 46% 45.6% 21.3% 60.7%
2001 46.2% 51.4% 19.1% 53.4%
2000 53.2% 50.6% 20% 43.6%
1999 48.4% 47.1% 18.8% 38.4%
1998 46.2% 33.9% - -
1997 48.6% 32.8% - -
1996 52.8% 30.3% - -
1995 47.8% 21.3% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08).

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

In 2025, Slovakia's government spending was $75.3B, accounting for 48.7% of its GDP, while Tonga spent $318M, or 46.8% of GDP.

Debt-to-GDP ratio is 61.6% in Slovakia and 27.4% in Tonga, ranking 74/185 and 162/185, respectively.

Government deficit by year

Deficit/surplus
Slovakia

Tonga
1x
Year Deficit/surplus, % of GDP
Slovakia Tonga
2025 -5.02% 4.86%
2024 -5.5% 3.6%
2023 -5.3% 5.28%
2022 -1.56% -0.09%
2021 -5.09% -0.87%
2020 -5.3% 5.15%
2019 -1.21% 3.2%
2018 -1.01% 2.9%
2017 -0.98% 3.58%
2016 -2.59% 1.47%
2015 -2.78% -2.75%
2014 -3.25% 6.38%
2013 -2.86% -1.3%
2012 -4.37% -1.74%
2011 -4.36% -6.02%
2010 -7.44% -1.22%
2009 -8.18% 6.85%
2008 -2.54% 2.14%
2007 -2.26% 5.39%
2006 -3.57% 1.34%
2005 -2.86% 4.23%
2004 -2.36% 4.23%
2003 -2.28% 2.37%
2002 -8.35% 2.59%
2001 -7.74% 2.23%
2000 -12.7% 1.35%
1999 -7.25% 1.55%
1998 -5.37% -
1997 -6.24% -
1996 -9.72% -
1995 -3.43% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08).

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

In 2025, Slovakia's government deficit, the difference between spending and revenue, was $7.75B, equivalent to 5.02% of GDP. This compares to Tonga's surplus of $33M, or 4.86% of GDP.

Over the past 27 years, Slovakia recorded a fiscal deficit in 27 of those years, while Tonga ran a deficit in 7 years. On average, Slovakia posted an annual deficit equal to 4.4% of GDP, compared to surplus of 2.1% of GDP for Tonga.

Inflation comparison by year

Inflation
Slovakia

Tonga
1x
Year Consumer prices inflation
Slovakia Tonga
2025 4% 5.59%
2024 2.76% 3.18%
2023 10.5% 6.35%
2022 12.8% 11%
2021 3.15% 5.64%
2020 1.94% -0.35%
2019 2.66% 1.18%
2018 2.51% 5.03%
2017 1.31% 7.52%
2016 -0.52% 2.58%
2015 -0.33% -1.05%
2014 -0.08% 2.51%
2013 1.4% 0.78%
2012 3.61% 1.15%
2011 3.92% 6.27%
2010 0.96% 3.53%
2009 1.62% 1.43%
2008 4.6% 10.4%
2007 2.76% 5.84%
2006 4.48% 6.15%
2005 2.71% 8.67%
2004 7.55% 11%
2003 8.55% 11.6%
2002 3.13% 10.4%
2001 7.33% 8.29%
2000 12% 6.33%
1999 10.6% 4.46%
1998 6.67% 3.27%
1997 6.14% 2.12%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Slovakia has recorded an average annual inflation rate of 4.44%, compared with 5.2% in Tonga. In 2025, inflation was 4% in Slovakia and 5.59% in Tonga.

Top exports between countries

Slovakia
Export category Export value
Machinery & equipment $292K
Textiles & consumer goods $11K
Tonga
Export category Export value

Balance of trade

Slovakia Tonga
Current account balance
-$5.6B
2025
-$43.5M
2024
Current account balance ranking
165/190
2025
76/190
2024
Current account balance, % of GDP
-3.63%
2025
-6.72%
2024
Goods imports
$117B
2025
$232M
2024
Goods exports
$117B
2025
$10.8M
2024
Service imports
$14.3B
2025
$161M
2024
Service exports
$14.7B
2025
$93.6M
2024
Imports of goods and services, % of GDP
85.2%
2025
60.7%
2024
Exports of goods and services, % of GDP
85.1%
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.

Slovakia Tonga
Economic freedom 67.7 58.9
Economic freedom ranking 54/197 107/197
Property rights 82.6 71.1
Government integrity 57.2 45.1
Judicial effectiveness 70.5 64.9
Tax burden 75.4 85.6
Government spending 36.4 31
Fiscal health 69.6 97.3
Business freedom 71.1 59.2
Labor freedom 55.1 55.9
Monetary freedom 69.7 61
Trade freedom 79.4 75.4
Investment freedom 75 40
Financial freedom 70 20

Economic freedom comparison by year

Slovakia
Tonga
1x
Year Economic freedom index
Slovakia Tonga
2026 67.7 58.9
2025 68.4 58.5
2024 68.1 59.2
2023 69 60
2022 69.7 60.8
2021 66.3 57.5
2020 66.8 58.8
2019 65 57.7
2018 65.3 63.1
2017 65.7 63
2016 66.6 59.6
2015 67.2 59.3
2014 66.4 58.2
2013 68.7 56
2012 67 57
2011 69.5 55.8
2010 69.7 53.4
2009 69.4 54.1
2008 70 -
2007 69.6 -
2006 69.8 -
2005 66.8 -
2004 64.6 -
2003 59 -
2002 59.8 -
2001 58.5 -
2000 53.8 -
1999 54.2 -
1998 57.5 -
1997 55.5 -
1996 57.6 -
1995 60.4 -

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

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

The Economic Freedom Index for Slovakia is 67.7, ranking 54/197, 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

Slovakia Tonga
Services, % of GDP
59.8%
2025
49.5%
2024
Industry, % of GDP
28.1%
2025
17.7%
2024
Agriculture, forestry, and fishing, % of GDP
1.59%
2025
18.6%
2024
GNI, Atlas method
$143B
2025
$709M
2025
GNI per capita, PPP
$47,920
2025
$9,240
2025
Total reserves including gold
$18.2B
2025
$413M
2025
Total reserves ranking
69/177
2025
162/177
2025
Net foreign direct investment
-$198M
2025
$13.3M
2024
Net inflows of foreign direct investment
$5.01B
2024
-$12.1M
2024
Net outflows of foreign direct investment
$2.24B
2024
$1.25M
2024
Servicing debt to the IMF, % of GNI n/a
6.33%
2024
Poverty at national poverty lines
13.7%
2021
20.6%
2021
Gross capital formation, % of GDP
20.1%
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/slovakia/tonga | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

Data sources:

  1. World Bank | Economy & Growth (1975–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. TradeMap (2022–2023, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. 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.