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Tonga economy ranking: GDP & GDP per capita, debt

Updated on by Georank

Tonga ranked 191/197 by economy size with a GDP of $679M and 110/197 by GDP per capita at $6,547. Tonga has $186M in government debt, with a debt-to-GDP ratio of 27.4%.

In 2025, Tonga made up 0.0006% of the world's economy, compared to 0.0005% in 1975.

Tonga GDP & GDP growth by year

GDP, current $
Real growth
1x
Year GDP GDP growth
2025 $679,218,219 2.8%
2024 $647,488,244 1.72%
2023 $591,139,734 2.79%
2022 $556,514,556 -2.13%
2021 $519,306,339 -0.93%
2020 $506,571,487 1.81%
2019 $506,031,248 -0.29%
2018 $493,530,767 0.53%
2017 $459,976,847 3.2%
2016 $420,828,255 6.6%
2015 $437,525,539 1.11%
2014 $440,997,735 1.99%
2013 $451,788,498 0.39%
2012 $471,122,971 0.92%
2011 $414,143,828 6.7%
2010 $366,887,375 0.82%
2009 $312,415,028 -5.13%
2008 $344,438,844 4.86%
2007 $298,519,623 -2.46%
2006 $292,232,703 -2.17%
2005 $261,823,805 -0.66%
2004 $230,678,011 -1.97%
2003 $202,246,591 0.05%
2002 $182,764,281 4.43%
2001 $181,117,230 1.49%
2000 $204,848,488 3.75%
1999 $199,208,718 2.3%
1998 $191,504,893 2.29%
1997 $214,991,452 -0.6%
1996 $222,100,576 0.09%
1995 $208,871,666 6.23%
1994 $195,990,986 4.95%
1993 $138,489,884 3.74%
1992 $137,066,291 0.25%
1991 $132,201,141 6.41%
1990 $113,563,822 -2.04%
1989 $106,344,855 0.39%
1988 $106,657,267 -1.88%
1987 $81,667,133 2.99%
1986 $68,195,856 2.12%
1985 $60,058,663 6.56%
1984 $64,248,355 1.74%
1983 $60,863,964 1.98%
1982 $62,068,161 4.74%
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/tonga | CC BY

Tonga GDP per capita by year

GDP per capita
GDP per capita, PPP
1x
Year Current $
GDP per capita GDP per capita, PPP
2025 $6,547 -
2024 $6,215 -
2023 $5,652 $7,803
2022 $5,298 $7,296
2021 $4,923 $6,929
2020 $4,792 $6,676
2019 $4,789 $6,473
2018 $4,675 $6,393
2017 $4,366 $6,229
2016 $3,988 $5,920
2015 $4,124 $5,472
2014 $4,137 $5,336
2013 $4,219 $5,120
2012 $4,384 $4,996
2011 $3,850 $4,855
2010 $3,416 $4,465
2009 $2,914 $4,384
2008 $3,218 $4,600
2007 $2,797 $4,316
2006 $2,750 $4,327
2005 $2,478 $4,315
2004 $2,195 $4,235
2003 $1,936 $4,231
2002 $1,759 $4,171
2001 $1,754 $3,955
2000 $1,995 $3,834
1999 $1,952 $3,636
1998 $1,889 $3,527
1997 $2,136 $3,434
1996 $2,215 $3,410
1995 $2,084 $3,347
1994 $1,957 $3,088
1993 $1,383 $2,882
1992 $1,370 $2,716
1991 $1,323 $2,652
1990 $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/tonga | CC BY

Tonga has a GDP per capita of $6,547, ranking 110/197, a GDP per capita based on purchasing power parity (PPP) of $7,803, ranking 144/197, and a median annual after tax income of $4,104, ranking 119/197.

Tonga GDP rankings by year

GDP
GDP per capita
GDP per capita, PPP
1x
Year Rank
GDP GDP per capita GDP per capita, PPP
2025 175 100 -
2024 185 107 -
2023 187 110 133
2022 186 110 133
2021 187 106 132
2020 187 104 130
2019 187 108 132
2018 188 110 130
2017 188 113 132
2016 188 115 133
2015 189 111 134
2014 189 115 136
2013 189 116 136
2012 189 112 134
2011 190 117 134
2010 190 117 134
2009 190 118 135
2008 189 120 134
2007 188 117 134
2006 188 110 132
2005 187 108 129
2004 187 110 126
2003 187 108 122
2002 187 103 120
2001 187 102 118
2000 187 90 118
1999 185 90 117
1998 185 93 116
1997 185 92 115
1996 182 90 110
1995 181 92 109
1994 178 85 110
1993 177 93 113
1992 176 93 114
1991 175 96 118
1990 176 106 122
1989 159 91 -
1988 159 93 -
1987 159 103 -
1986 154 105 -
1985 154 112 -
1984 151 108 -
1983 149 114 -
1982 149 113 -
1981 149 115 -
1980 149 119 -
1979 141 114 -
1978 141 113 -
1977 141 117 -
1976 139 114 -
1975 139 110 -

Data sources: World Bank | Economy & Growth (1975–2025, retrieved 2026-07-08).

GeoRank.org/economy/tonga | CC BY

Compared with 2000, in 2025 Tonga is ranked 175th out of 179 by GDP (up from 187th), 100th by GDP per capita (down from 90th), and 133rd by GDP per capita PPP (down from 118th).

Economic indicators

Tonga Rank
Gross domestic product
$679M
2025
191/197
GDP growth
2.8%
2024-2025
115/194
GDP per capita
$6,547
2025
110/197
GDP per capita, PPP
$7,803
2023
144/197
Government debt
$186M
2025
181/185
Debt-to-GDP ratio
27.4%
2025
162/185
Government debt per person
$1,793
2025
123/185
Average annual personal income after taxes
$4,104
2026
119/197
Income share by richest 10%
22%
2021
158/169
Income share by poorest 10%
4%
2021
14/169
Government expenditure, % of GDP
46.8%
2025
30/195
Consumer prices inflation
5.59%
2024-2025
43/195
Unemployment rate
1.65%
2023
180/196
Population
103283
183/197

Government spending, deficit, and debt by year

Spending
Debt
Deficit/surplus
1x
Year % of GDP
Government spending Government debt Government deficit/surplus
2025 46.8% 27.4% 4.86%
2024 44.3% 31.9% 3.6%
2023 41.5% 37.2% 5.28%
2022 41.3% 40.2% -0.09%
2021 44.5% 43% -0.87%
2020 37.1% 41.7% 5.15%
2019 39% 41.8% 3.2%
2018 39.3% 45.5% 2.9%
2017 39.7% 44.7% 3.58%
2016 37.2% 49.4% 1.47%
2015 37.4% 51.1% -2.75%
2014 31.5% 47.4% 6.38%
2013 34.3% 48.9% -1.3%
2012 32% 60% -1.74%
2011 32.6% 51.9% -6.02%
2010 28.4% 44.7% -1.22%
2009 23.9% 39.7% 6.85%
2008 24% 34% 2.14%
2007 23.2% 37.8% 5.39%
2006 25.6% 39.6% 1.34%
2005 19.8% 43.3% 4.23%
2004 19.3% 52.2% 4.23%
2003 20% 56.2% 2.37%
2002 21.3% 60.7% 2.59%
2001 19.1% 53.4% 2.23%
2000 20% 43.6% 1.35%
1999 18.8% 38.4% 1.55%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1999–2025, retrieved 2026-07-08).

GeoRank.org/economy/tonga | CC BY

This chart shows Tonga's government spending, budget balance, and debt over time, each expressed as a share of GDP.

Over the past 27 years, Tonga recorded a fiscal deficit in 7 of them, with an average annual surplus equal to 2.1% of GDP. In 2025, government spending reached $318M (46.8% of GDP), with a surplus of 4.86%.

The national debt reached $186M, ranking 181st out of 185 countries by total size, with a debt-to-GDP ratio of 27.4%, ranking 162nd.

Inflation rate by year

1x
Year Inflation
2025 5.59%
2024 3.18%
2023 6.35%
2022 11%
2021 5.64%
2020 -0.35%
2019 1.18%
2018 5.03%
2017 7.52%
2016 2.58%
2015 -1.05%
2014 2.51%
2013 0.78%
2012 1.15%
2011 6.27%
2010 3.53%
2009 1.43%
2008 10.4%
2007 5.84%
2006 6.15%
2005 8.67%
2004 11%
2003 11.6%
2002 10.4%
2001 8.29%
2000 6.33%
1999 4.46%
1998 3.27%
1997 2.12%
1996 3%
1995 1.46%
1994 1.01%
1993 0.96%
1992 7.94%
1991 10.6%
1990 9.71%
1989 4.07%
1988 9.92%
1987 4.69%
1986 21.7%
1985 16.8%
1984 0.11%
1983 9.81%
1982 10.8%
1981 14.9%
1980 22.4%
1979 5.46%
1978 9.58%
1977 17.5%
1976 7.11%

Data sources: World Bank | Economy & Growth (1976–2025, retrieved 2026-07-08).

GeoRank.org/economy/tonga | CC BY

Over the past 20 years, Tonga has had an average annual inflation rate of 4.24%. In 2025, inflation was 5.59%. The bar chart above shows consumer price inflation by year.

Balance of trade

Tonga Rank
Current account balance
-$43.5M
2024
76/190
Current account balance, % of GDP
-6.72%
2024
147/190
Goods imports
$232M
2024
182/189
Goods exports
$10.8M
2024
187/189
Service imports
$161M
2024
179/189
Service exports
$93.6M
2024
172/189
Imports of goods and services, % of GDP
60.7%
2024
49/182
Exports of goods and services, % of GDP
16.9%
2024
157/193

Tonga top 10 trading partners

Tonga's biggest trading partner accounting for 29.5% of all exports and imports is New Zealand, with a trade balance between the two of -$68.5M: Tonga exports $23.9M worth of goods and services to New Zealand and imports $92.4M.

Below is the list of the top 10 trade partners of Tonga.

Rank Country Trade value Share of total trade Export to Import from Top export to Top import from
1 New Zealand $116M 29.5% $23.9M $92.4M Wood & paper products Machinery & equipment
2 China $59.6M 15.1% $7.16M $52.4M Machinery & equipment Machinery & equipment
3 Singapore $52.2M 13.2% $0 $52.2M Machinery & equipment Raw materials & minerals
4 Japan $44.2M 11.2% $25K $44.2M Textiles & consumer goods Machinery & equipment
5 Australia $28.9M 7.32% $982K $27.9M Raw agricultural goods Animal & marine products
6 Fiji $27.4M 6.94% $821K $26.5M Wood & paper products Processed food, beverages & tobacco
7 United States $25.6M 6.5% $1.66M $24M Raw agricultural goods Animal & marine products
8 Indonesia $8.6M 2.18% $43K $8.56M Machinery & equipment Processed food, beverages & tobacco
9 Brazil $5.52M 1.4% $2K $5.52M Animal & marine products Animal & marine products
10 Malaysia $4.93M 1.25% $127K $4.8M Animal & marine products Processed food, beverages & tobacco

Top 10 exports

Tonga Rank
Transport & tourism services $75.8M 168/191
Wood & paper products $21.7M 125/192
Business & finance services $14M 172/189
IT & IP services $11.2M 155/185
Machinery & equipment $8.25M 170/193
Manufacturing & construction services $5M 136/166
Raw agricultural goods $3.85M 167/193
Government & miscellaneous services $3.5M 164/187
Animal & marine products $1.03M 173/192
Metals $335K 183/192

Top 10 imports

Tonga Rank
Machinery & equipment $114M 177/193
Transport & tourism services $104M 181/191
Raw materials & minerals $61.9M 177/193
Processed food, beverages & tobacco $54.5M 179/193
Animal & marine products $38.8M 166/193
Business & finance services $34.4M 177/189
Textiles & consumer goods $29.4M 181/193
Chemicals & pharma $21.4M 185/193
Metals $17.5M 182/193
Wood & paper products $15.9M 177/193

Economic freedom indices

Tonga Rank
Economic freedom 58.9 107/197
Property rights 71.1 49/182
Government integrity 45.1 80/182
Judicial effectiveness 64.9 54/182
Tax burden 85.6 54/182
Government spending 31 162/180
Fiscal health 97.3 16/181
Business freedom 59.2 116/182
Labor freedom 55.9 94/182
Monetary freedom 61 154/180
Trade freedom 75.4 71/181
Investment freedom 40 137/181
Financial freedom 20 173/181

Economic freedom by year

1x
Year Index
Economic freedom Judicial effectiveness Tax burden Government spending Fiscal health
2026 58.9 64.9 85.6 31 97.3
2025 58.5 65.7 84.9 28.9 96.3
2024 59.2 68.8 85.4 40.1 95.9
2023 60 43.2 85.4 46.5 95.5
2022 60.8 68.1 85.4 54.6 96.5
2021 57.5 23.3 84.8 53.7 95.4
2020 58.8 26.5 85.2 42.8 95.2
2019 57.7 26.6 85.5 40.9 93.4
2018 63.1 25.4 85.4 68.7 95.9
2017 63 19.8 86.9 74.4 79.6
2016 59.6 - 86.9 76.3 -
2015 59.3 - 87.2 79 -
2014 58.2 - 86.7 74.8 -
2013 56 - 87.1 64.7 -
2012 57 - 85.9 62.2 -
2011 55.8 - 83.1 73.2 -
2010 53.4 - 82.8 70.8 -
2009 54.1 - 82.5 58 -

Data sources: The Heritage Foundation | Economic Freedom Index (2009–2026, retrieved 2026-07-08).

GeoRank.org/economy/tonga | CC BY

Tonga is ranked 95/174 for economic freedom with a score of 58.9, compared to 124/177 and a score of 54.1 in 2009.

Other economic metrics

Tonga Rank
Services, % of GDP
49.5%
2024
138/191
Industry, % of GDP
17.7%
2024
145/194
Agriculture, forestry, and fishing, % of GDP
18.6%
2024
41/193
GNI, Atlas method
$709M
2025
188/194
GNI per capita, PPP
$9,240
2025
134/191
Total reserves including gold
$413M
2025
162/177
Net foreign direct investment
$13.3M
2024
39/189
Net inflows of foreign direct investment
-$12.1M
2024
173/193
Net outflows of foreign direct investment
$1.25M
2024
129/193
Servicing debt to the IMF, % of GNI
6.33%
2024
35/121
Poverty at national poverty lines
20.6%
2021
92/176
Gross capital formation, % of GDP
26.4%
2024
58/179

Compare Tonga vs other countries

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/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 (1999–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (2009–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. TradeMap (2024, 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.