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Economy of Togo vs Tonga compared: GDP & Debt

Updated on by Georank

Togo has a GDP of $11.9B compared to $679M for Tonga, ranking 152/197 and 191/197 by economy size, respectively.

Togo has $7.49B in government debt (63% of GDP), compared to $186M (27.4% of GDP) in Tonga.

Togo vs Tonga GDP by year

Togo
Tonga
1x
Year GDP, current $
Togo Tonga
2025 $11,889,949,067 $679,218,219
2024 $10,643,440,332 $647,488,244
2023 $9,723,300,577 $591,139,734
2022 $8,646,453,099 $556,514,556
2021 $8,541,668,141 $519,306,339
2020 $7,486,031,562 $506,571,487
2019 $6,992,942,459 $506,031,248
2018 $7,029,215,766 $493,530,767
2017 $6,387,424,240 $459,976,847
2016 $6,071,167,584 $420,828,255
2015 $5,755,457,836 $437,525,539
2014 $6,393,314,708 $440,997,735
2013 $6,021,729,630 $451,788,498
2012 $5,413,541,649 $471,122,971
2011 $5,422,439,152 $414,143,828
2010 $4,746,386,893 $366,887,375
2009 $4,721,888,275 $312,415,028
2008 $4,578,847,113 $344,438,844
2007 $3,759,962,853 $298,519,623
2006 $3,320,907,722 $292,232,703
2005 $3,221,910,408 $261,823,805
2004 $3,191,561,509 $230,678,011
2003 $2,987,984,051 $202,246,591
2002 $2,410,199,032 $182,764,281
2001 $2,093,498,674 $181,117,230
2000 $2,106,848,752 $204,848,488
1999 $2,226,577,204 $199,208,718
1998 $2,241,650,112 $191,504,893
1997 $2,116,818,623 $214,991,452
1996 $2,069,506,014 $222,100,576
1995 $1,849,110,468 $208,871,666
1994 $1,387,662,121 $195,990,986
1993 $1,741,944,426 $138,489,884
1992 $2,390,796,916 $137,066,291
1991 $2,262,767,860 $132,201,141
1990 $2,299,665,506 $113,563,822
1989 $1,910,635,575 $106,344,855
1988 $1,947,208,354 $106,657,267
1987 $1,763,978,066 $81,667,133
1986 $1,498,219,579 $68,195,856
1985 $1,076,604,520 $60,058,663
1984 $1,014,170,069 $64,248,355
1983 $1,081,387,265 $60,863,964
1982 $1,160,337,039 $62,068,161
1981 $1,359,026,709 $62,242,013
1980 $1,604,836,916 $53,260,077
1979 $1,259,365,712 $44,667,002
1978 $1,164,025,637 $41,567,472
1977 $1,097,893,826 $34,139,388
1976 $874,681,612 $30,036,417
1975 $871,781,687 $32,506,742
1974 $791,450,308 -
1973 $574,030,984 -
1972 $474,043,922 -
1971 $404,648,368 -
1970 $358,665,754 -
1969 $378,091,810 -
1968 $341,691,567 -
1967 $327,215,844 -
1966 $305,227,595 -
1965 $264,505,506 -
1964 $234,572,186 -
1963 $202,305,865 -
1962 $186,745,758 -
1961 $178,497,098 -
1960 $171,057,069 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Togo vs Tonga by year

Togo
GDP per capita

GDP per capita, PPP
Tonga
GDP per capita

GDP per capita, PPP
1x
Year Current $
Togo Tonga
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $1,384 - $6,547 -
2024 $1,266 $3,365 $6,215 -
2023 $1,182 $3,154 $5,652 $7,803
2022 $1,072 $2,935 $5,298 $7,296
2021 $1,076 $2,639 $4,923 $6,929
2020 $961 $2,384 $4,792 $6,676
2019 $918 $2,215 $4,789 $6,473
2018 $942 $2,067 $4,675 $6,393
2017 $872 $1,986 $4,366 $6,229
2016 $843 $1,933 $3,988 $5,920
2015 $814 $1,880 $4,124 $5,472
2014 $922 $1,803 $4,137 $5,336
2013 $886 $1,715 $4,219 $5,120
2012 $814 $1,645 $4,384 $4,996
2011 $834 $1,616 $3,850 $4,855
2010 $750 $1,537 $3,416 $4,465
2009 $770 $1,474 $2,914 $4,384
2008 $771 $1,429 $3,218 $4,600
2007 $654 $1,387 $2,797 $4,316
2006 $596 $1,407 $2,750 $4,327
2005 $595 $1,368 $2,478 $4,315
2004 $604 $1,427 $2,195 $4,235
2003 $580 $1,440 $1,936 $4,231
2002 $479 $1,357 $1,759 $4,171
2001 $427 $1,320 $1,754 $3,955
2000 $440 $1,315 $1,995 $3,834
1999 $477 $1,332 $1,952 $3,636
1998 $492 $1,318 $1,889 $3,527
1997 $477 $1,373 $2,136 $3,434
1996 $482 $1,218 $2,215 $3,410
1995 $450 $1,140 $2,084 $3,347
1994 $355 $1,082 $1,957 $3,088
1993 $448 $925 $1,383 $2,882
1992 $608 $1,057 $1,370 $2,716
1991 $592 $1,107 $1,323 $2,652
1990 $619 $1,110 $1,139 $2,416
1989 $530 - $1,070 -
1988 $556 - $1,078 -
1987 $519 - $830 -
1986 $455 - $696 -
1985 $337 - $613 -
1984 $327 - $656 -
1983 $357 - $621 -
1982 $392 - $633 -
1981 $472 - $636 -
1980 $575 - $545 -
1979 $464 - $458 -
1978 $440 - $428 -
1977 $425 - $353 -
1976 $347 - $315 -
1975 $354 - $349 -
1974 $329 - - -
1973 $244.8 - - -
1972 $207.6 - - -
1971 $182.3 - - -
1970 $166.9 - - -
1969 $185 - - -
1968 $174.9 - - -
1967 $171.1 - - -
1966 $162.9 - - -
1965 $144.1 - - -
1964 $130.4 - - -
1963 $114.6 - - -
1962 $107.8 - - -
1961 $104.8 - - -
1960 $102.2 - - -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

Togo's GDP per capita is $1,384, ranking 167/197, compared to $6,547 in Tonga, ranking 110/197. Adjusted for purchasing power (GDP per capita PPP), Togo ranks 173rd at $3,365, while Tonga ranks 144th at $7,803.

Economic indicators

Togo Tonga
Gross domestic product
$11.9B
2025
$679M
2025
GDP rank
152/197
2025
191/197
2025
GDP growth
6.31%
2024-2025
2.8%
2024-2025
GDP per capita
$1,384
2025
$6,547
2025
GDP per capita rank
167/197
2025
110/197
2025
GDP per capita, PPP
$3,365
2024
$7,803
2023
GDP per capita PPP rank
173/197
2024
144/197
2023
Government debt
$7.49B
2025
$186M
2025
Debt-to-GDP ratio
63%
2025
27.4%
2025
Government debt per person
$872
2025
$1,793
2025
Government debt per person rank
148/185
2025
123/185
2025
Average annual personal income after taxes
$1,719
2026
$4,104
2026
Income share by richest 10%
29.6%
2021
22%
2021
Income share by poorest 10%
2.8%
2021
4%
2021
Government expenditure, % of GDP
19.8%
2025
46.8%
2025
Consumer prices inflation
0.43%
2024-2025
5.59%
2024-2025
Unemployment rate
1.97%
2022
1.65%
2023
Population
8873660
103283

Spending and national debt comparison by year

Togo
Spending

Debt
Tonga
Spending

Debt
1x
Year % of GDP
Togo Tonga
Government spending Government debt Government spending Government debt
2025 19.8% 63% 46.8% 27.4%
2024 24.3% 66.2% 44.3% 31.9%
2023 24.8% 64.1% 41.5% 37.2%
2022 24.4% 63% 41.3% 40.2%
2021 21.3% 63.3% 44.5% 43%
2020 23.4% 61.4% 37.1% 41.7%
2019 16.6% 54.9% 39% 41.8%
2018 18.8% 58% 39.3% 45.5%
2017 16.3% 57.1% 39.7% 44.7%
2016 22.9% 59.9% 37.2% 49.4%
2015 22.9% 52.4% 37.4% 51.1%
2014 21.9% 44.9% 31.5% 47.4%
2013 20.5% 41.1% 34.3% 48.9%
2012 19.1% 34.3% 32% 60%
2011 18.2% 37% 32.6% 51.9%
2010 15.1% 33.5% 28.4% 44.7%
2009 14.3% 57.6% 23.9% 39.7%
2008 12.4% 67.3% 24% 34%
2007 13.7% 70.5% 23.2% 37.8%
2006 14.7% 67.7% 25.6% 39.6%
2005 13.3% 63.1% 19.8% 43.3%
2004 10.6% 48.7% 19.3% 52.2%
2003 8.88% 50% 20% 56.2%
2002 8.42% 54.8% 21.3% 60.7%
2001 10.9% 68.5% 19.1% 53.4%
2000 11.9% 66.5% 20% 43.6%
1999 11.9% 59.9% 18.8% 38.4%
1998 12.8% 62.8% - -
1997 10.6% 54.4% - -
1996 12.4% 60.4% - -
1995 12.7% 64.8% - -
1994 13.2% 79% - -
1993 14.8% 58.3% - -
1992 12.6% 45% - -
1991 14.6% 46.9% - -
1990 16.8% 44.7% - -
1989 16.9% 46.3% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1989–2004, retrieved 2026-07-08).

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

In 2025, Togo's government spending was $2.36B, accounting for 19.8% of its GDP, while Tonga spent $318M, or 46.8% of GDP.

Debt-to-GDP ratio is 63% in Togo and 27.4% in Tonga, ranking 69/185 and 162/185, respectively.

Government deficit by year

Deficit/surplus
Togo

Tonga
1x
Year Deficit/surplus, % of GDP
Togo Tonga
2025 -3.23% 4.86%
2024 -6.82% 3.6%
2023 -6.28% 5.28%
2022 -7.83% -0.09%
2021 -4.54% -0.87%
2020 -6.96% 5.15%
2019 1.67% 3.2%
2018 -0.59% 2.9%
2017 -0.21% 3.58%
2016 -7.02% 1.47%
2015 -7.04% -2.75%
2014 -7.11% 6.38%
2013 -5.08% -1.3%
2012 -4.63% -1.74%
2011 -4.48% -6.02%
2010 -1.66% -1.22%
2009 -2.63% 6.85%
2008 -0.59% 2.14%
2007 -1.83% 5.39%
2006 -1.94% 1.34%
2005 -1.67% 4.23%
2004 0.61% 4.23%
2003 1.43% 2.37%
2002 -0.28% 2.59%
2001 -0.72% 2.23%
2000 -3.45% 1.35%
1999 -1.76% 1.55%
1998 -3.25% -
1997 -0.98% -
1996 -3.26% -
1995 -2.97% -
1994 -5.37% -
1993 -8.46% -
1992 -2.27% -
1991 -3.52% -
1990 -1.65% -
1989 -2.18% -

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

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

In 2025, Togo's government deficit, the difference between spending and revenue, was $384M, equivalent to 3.23% of GDP. This compares to Tonga's surplus of $33M, or 4.86% of GDP.

Over the past 27 years, Togo recorded a fiscal deficit in 24 of those years, while Tonga ran a deficit in 7 years. On average, Togo posted an annual deficit equal to 3.13% of GDP, compared to surplus of 2.1% of GDP for Tonga.

Inflation comparison by year

Inflation
Togo

Tonga
1x
Year Consumer prices inflation
Togo Tonga
2025 0.43% 5.59%
2024 2.86% 3.18%
2023 5.49% 6.35%
2022 7.97% 11%
2021 4.19% 5.64%
2020 1.7% -0.35%
2019 0.67% 1.18%
2018 0.93% 5.03%
2017 -0.98% 7.52%
2016 1.29% 2.58%
2015 2.59% -1.05%
2014 0.19% 2.51%
2013 1.83% 0.78%
2012 2.58% 1.15%
2011 3.56% 6.27%
2010 1.45% 3.53%
2009 3.71% 1.43%
2008 8.69% 10.4%
2007 0.95% 5.84%
2006 2.23% 6.15%
2005 6.78% 8.67%
2004 0.39% 11%
2003 -0.93% 11.6%
2002 3.06% 10.4%
2001 3.92% 8.29%
2000 1.86% 6.33%
1999 -0.05% 4.46%
1998 0.98% 3.27%
1997 8.25% 2.12%

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

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

Over the past 29 years, Togo has recorded an average annual inflation rate of 2.64%, compared with 5.2% in Tonga. In 2025, inflation was 0.43% in Togo and 5.59% in Tonga.

Balance of trade

Togo Tonga
Current account balance
-$20.7M
2020
-$43.5M
2024
Current account balance ranking
72/190
2020
76/190
2024
Current account balance, % of GDP
-0.28%
2020
-6.72%
2024
Goods imports
$1.95B
2020
$232M
2024
Goods exports
$1.21B
2020
$10.8M
2024
Service imports
$438M
2020
$161M
2024
Service exports
$514M
2020
$93.6M
2024
Imports of goods and services, % of GDP
38.1%
2024
60.7%
2024
Exports of goods and services, % of GDP
24.4%
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.

Togo Tonga
Economic freedom 51.6 58.9
Economic freedom ranking 153/197 107/197
Property rights 43.6 71.1
Government integrity 33.3 45.1
Judicial effectiveness 34 64.9
Tax burden 68.9 85.6
Government spending 79.2 31
Fiscal health 9.6 97.3
Business freedom 60.1 59.2
Labor freedom 51.9 55.9
Monetary freedom 72.5 61
Trade freedom 65.8 75.4
Investment freedom 60 40
Financial freedom 40 20

Economic freedom comparison by year

Togo
Tonga
1x
Year Economic freedom index
Togo Tonga
2026 51.6 58.9
2025 52.3 58.5
2024 50.9 59.2
2023 55.3 60
2022 57.2 60.8
2021 57.5 57.5
2020 54.1 58.8
2019 50.3 57.7
2018 47.8 63.1
2017 53.2 63
2016 53.6 59.6
2015 53 59.3
2014 49.9 58.2
2013 48.8 56
2012 48.3 57
2011 49.1 55.8
2010 47.1 53.4
2009 48.7 54.1
2008 48.9 -
2007 49.7 -
2006 47.3 -
2005 48.2 -
2004 47 -
2003 46.8 -
2002 45.2 -
2001 45.3 -
2000 46.4 -
1999 48.2 -

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

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

The Economic Freedom Index for Togo is 51.6, ranking 153/197, 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

Togo Tonga
Services, % of GDP
61.7%
2025
49.5%
2024
Industry, % of GDP
21%
2025
17.7%
2024
Agriculture, forestry, and fishing, % of GDP
20.3%
2025
18.6%
2024
GNI, Atlas method
$11.6B
2025
$709M
2025
GNI per capita, PPP
$4,090
2025
$9,240
2025
Total reserves including gold n/a
$413M
2025
Total reserves ranking n/a
162/177
2025
Net foreign direct investment
-$53.1M
2020
$13.3M
2024
Net inflows of foreign direct investment
$83.8M
2024
-$12.1M
2024
Net outflows of foreign direct investment
-$73.4M
2024
$1.25M
2024
Servicing debt to the IMF, % of GNI
3.22%
2024
6.33%
2024
Poverty at national poverty lines
43.8%
2021
20.6%
2021
Gross capital formation, % of GDP
20.8%
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/togo/tonga | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, 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. International Monetary Fund (IMF) | Public Finances in Modern History (1989–2004, 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.