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Economy of Tonga vs Turkey compared: GDP & Debt

Updated on by Georank

Tonga has a GDP of $679M compared to $1.6T for Turkey, ranking 191/197 and 16/197 by economy size, respectively.

Tonga has $186M in government debt (27.4% of GDP), compared to $375B (23.5% of GDP) in Turkey.

Tonga vs Turkey GDP by year

Tonga
Turkey
1x
Year GDP, current $
Tonga Turkey
2025 $679,218,219 $1,597,293,229,287
2024 $647,488,244 $1,359,123,768,774
2023 $591,139,734 $1,141,242,864,657
2022 $556,514,556 $926,097,476,914
2021 $519,306,339 $839,938,668,172
2020 $506,571,487 $733,628,247,119
2019 $506,031,248 $775,853,144,223
2018 $493,530,767 $788,356,985,774
2017 $459,976,847 $863,874,522,365
2016 $420,828,255 $870,818,016,910
2015 $437,525,539 $865,460,050,684
2014 $440,997,735 $942,343,431,929
2013 $451,788,498 $962,167,643,589
2012 $471,122,971 $885,327,622,479
2011 $414,143,828 $844,192,507,381
2010 $366,887,375 $782,545,664,268
2009 $312,415,028 $653,894,449,921
2008 $344,438,844 $775,415,944,333
2007 $298,519,623 $685,228,481,017
2006 $292,232,703 $559,668,118,237
2005 $261,823,805 $508,314,210,213
2004 $230,678,011 $410,156,784,496
2003 $202,246,591 $315,392,899,922
2002 $182,764,281 $240,778,008,474
2001 $181,117,230 $202,195,080,239
2000 $204,848,488 $274,748,463,179
1999 $199,208,718 $256,673,939,248
1998 $191,504,893 $276,035,372,655
1997 $214,991,452 $263,817,553,748
1996 $222,100,576 $250,366,965,174
1995 $208,871,666 $234,699,627,004
1994 $195,990,986 $130,650,447,499
1993 $138,489,884 $180,415,757,852
1992 $137,066,291 $159,104,772,992
1991 $132,201,141 $151,034,731,544
1990 $113,563,822 $150,655,500,192
1989 $106,344,855 $107,127,191,329
1988 $106,657,267 $90,875,175,809
1987 $81,667,133 $87,190,081,680
1986 $68,195,856 $75,673,037,037
1985 $60,058,663 $67,232,758,621
1984 $64,248,355 $59,937,602,180
1983 $60,863,964 $61,803,555,556
1982 $62,068,161 $64,369,325,153
1981 $62,242,013 $71,180,180,180
1980 $53,260,077 $68,823,684,211
1979 $44,667,002 $89,616,129,032
1978 $41,567,472 $65,912,500,000
1977 $34,139,388 $58,683,333,333
1976 $30,036,417 $51,450,000,000
1975 $32,506,742 $46,042,857,143
1974 - $35,414,285,714
1973 - $26,000,000,000
1972 - $20,650,000,000
1971 - $16,166,666,667
1970 - $17,863,636,364
1969 - $19,466,666,667
1968 - $17,500,000,000
1967 - $15,644,444,444
1966 - $14,100,000,000
1965 - $11,966,666,667
1964 - $11,177,777,778
1963 - $10,355,555,556
1962 - $8,922,222,222
1961 - $7,988,888,889
1960 - $7,566,666,667

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

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

GDP per capita in Tonga vs Turkey by year

Tonga
GDP per capita

GDP per capita, PPP
Turkey
GDP per capita

GDP per capita, PPP
1x
Year Current $
Tonga Turkey
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $6,547 - $18,599 -
2024 $6,215 - $15,893 $45,639
2023 $5,652 $7,803 $13,375 $42,786
2022 $5,298 $7,296 $10,898 $39,564
2021 $4,923 $6,929 $9,982 $32,106
2020 $4,792 $6,676 $8,798 $29,209
2019 $4,789 $6,473 $9,395 $29,016
2018 $4,675 $6,393 $9,684 $28,640
2017 $4,366 $6,229 $10,756 $28,354
2016 $3,988 $5,920 $10,984 $26,731
2015 $4,124 $5,472 $11,065 $25,890
2014 $4,137 $5,336 $12,209 $24,193
2013 $4,219 $5,120 $12,636 $22,475
2012 $4,384 $4,996 $11,777 $20,739
2011 $3,850 $4,855 $11,374 $19,717
2010 $3,416 $4,465 $10,699 $17,466
2009 $2,914 $4,384 $9,077 $15,560
2008 $3,218 $4,600 $10,913 $16,142
2007 $2,797 $4,316 $9,767 $14,951
2006 $2,750 $4,327 $7,990 $13,555
2005 $2,478 $4,315 $7,332 $11,803
2004 $2,195 $4,235 $5,980 $10,759
2003 $1,936 $4,231 $4,650 $9,474
2002 $1,759 $4,171 $3,591 $9,154
2001 $1,754 $3,955 $3,052 $9,014
2000 $1,995 $3,834 $4,199 $9,326
1999 $1,952 $3,636 $3,974 $8,470
1998 $1,889 $3,527 $4,331 $8,763
1997 $2,136 $3,434 $4,197 $11,514
1996 $2,215 $3,410 $4,041 $10,624
1995 $2,084 $3,347 $3,846 $9,962
1994 $1,957 $3,088 $2,176 $9,253
1993 $1,383 $2,882 $3,058 $9,751
1992 $1,370 $2,716 $2,744 $8,969
1991 $1,323 $2,652 $2,649 $8,418
1990 $1,139 $2,416 $2,690 $8,208
1989 $1,070 - $1,949 -
1988 $1,078 - $1,686 -
1987 $830 - $1,650 -
1986 $696 - $1,461 -
1985 $613 - $1,326 -
1984 $656 - $1,209 -
1983 $621 - $1,276 -
1982 $633 - $1,360 -
1981 $636 - $1,537 -
1980 $545 - $1,516 -
1979 $458 - $2,013 -
1978 $428 - $1,510 -
1977 $353 - $1,372 -
1976 $315 - $1,228 -
1975 $349 - $1,122 -
1974 - - $881 -
1973 - - $661 -
1972 - - $537 -
1971 - - $431 -
1970 - - $488 -
1969 - - $544 -
1968 - - $501 -
1967 - - $459 -
1966 - - $425 -
1965 - - $370 -
1964 - - $354 -
1963 - - $337 -
1962 - - $298.2 -
1961 - - $274.4 -
1960 - - $267.1 -

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

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

Tonga's GDP per capita is $6,547, ranking 110/197, compared to $18,599 in Turkey, ranking 66/197. Adjusted for purchasing power (GDP per capita PPP), Tonga ranks 144th at $7,803, while Turkey ranks 51st at $45,639.

Economic indicators

Tonga Turkey
Gross domestic product
$679M
2025
$1.6T
2025
GDP rank
191/197
2025
16/197
2025
GDP growth
2.8%
2024-2025
3.6%
2024-2025
GDP per capita
$6,547
2025
$18,599
2025
GDP per capita rank
110/197
2025
66/197
2025
GDP per capita, PPP
$7,803
2023
$45,639
2024
GDP per capita PPP rank
144/197
2023
51/197
2024
Government debt
$186M
2025
$375B
2025
Debt-to-GDP ratio
27.4%
2025
23.5%
2025
Government debt per person
$1,793
2025
$4,367
2025
Government debt per person rank
123/185
2025
92/185
2025
Average annual personal income after taxes
$4,104
2026
$12,616
2026
Market capitalization of domestic companies n/a
$404B
2025
Number of millionaires n/a
93,000
2026
Number of billionaires n/a
32
2026
Income share by richest 10%
22%
2021
34.4%
2023
Income share by poorest 10%
4%
2021
2.1%
2023
Government expenditure, % of GDP
46.8%
2025
32.4%
2025
Consumer prices inflation
5.59%
2024-2025
34.9%
2024-2025
Central bank interest rate n/a
37%
2026
Unemployment rate
1.65%
2023
8.4%
2025
Population
103283
86225430

Spending and national debt comparison by year

Tonga
Spending

Debt
Turkey
Spending

Debt
1x
Year % of GDP
Tonga Turkey
Government spending Government debt Government spending Government debt
2025 46.8% 27.4% 32.4% 23.5%
2024 44.3% 31.9% 32.9% 23.6%
2023 41.5% 37.2% 32.7% 28.2%
2022 41.3% 40.2% 26.8% 29.4%
2021 44.5% 43% 30.5% 38.9%
2020 37.1% 41.7% 34% 38.3%
2019 39% 41.8% 34.8% 31.2%
2018 39.3% 45.5% 33.9% 28.8%
2017 39.7% 44.7% 32.4% 26.9%
2016 37.2% 49.4% 33.8% 27%
2015 37.4% 51.1% 32.4% 26.5%
2014 31.5% 47.4% 32.5% 27.4%
2013 34.3% 48.9% 33.5% 29.5%
2012 32% 60% 34% 30.8%
2011 32.6% 51.9% 32.6% 34.8%
2010 28.4% 44.7% 35.2% 38.6%
2009 23.9% 39.7% 37% 42.4%
2008 24% 34% 33.5% 37%
2007 23.2% 37.8% 32.7% 37.1%
2006 25.6% 39.6% 33.4% 44.2%
2005 19.8% 43.3% 32% 50.2%
2004 19.3% 52.2% 34.5% 57%
2003 20% 56.2% 38.3% 63.6%
2002 21.3% 60.7% 40.9% 71.2%
2001 19.1% 53.4% 43.9% 75.6%
2000 20% 43.6% 39.4% 51.2%
1999 18.8% 38.4% 32.7% 52.1%
1998 - - 27.9% 36.5%
1997 - - 26.4% 32.5%
1996 - - 24.5% 35.5%
1995 - - 19.4% 34.6%
1994 - - 20.5% 39.2%
1993 - - 22% 29.1%
1992 - - 18.6% 29.2%
1991 - - 18.2% 28.4%
1990 - - 14.1% 25.8%
1989 - - 13.8% 33.5%
1988 - - 12.9% 38.6%
1987 - - 13.3% 40.3%
1986 - - 12.1% 38.2%
1985 - - 18% 44.3%
1984 - - 14.1% 42.6%
1983 - - 14.9% 32.7%
1982 - - 19.2% 33.4%
1981 - - 24% 32%
1980 - - 25.5% 22.4%
1979 - - 28.3% 23.6%
1978 - - 27.6% 25.8%
1977 - - 27.8% 24%
1976 - - 23.3% 20.4%
1975 - - 22% 20.2%
1974 - - 19% 19%
1973 - - 21.8% 23.1%
1972 - - 21.9% 30.1%
1971 - - 24.8% 34.4%
1970 - - 22.7% 39.8%
1969 - - 20.5% 33.2%
1968 - - 19% 33.2%
1967 - - 20.1% 33.3%
1966 - - 18.9% 33.4%
1965 - - 19% 33.4%
1964 - - 18.9% 25.7%
1963 - - 17.5% 27.6%
1962 - - 15.7% 28.8%
1961 - - 22.9% 28.9%
1960 - - 15.6% 19.9%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1999–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-07-08).

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

In 2025, Tonga's government spending was $318M, accounting for 46.8% of its GDP, while Turkey spent $517B, or 32.4% of GDP.

Debt-to-GDP ratio is 27.4% in Tonga and 23.5% in Turkey, ranking 162/185 and 169/185, respectively.

Government deficit by year

Deficit/surplus
Tonga

Turkey
1x
Year Deficit/surplus, % of GDP
Tonga Turkey
2025 4.86% -2.78%
2024 3.6% -4.51%
2023 5.28% -5.19%
2022 -0.09% -1.1%
2021 -0.87% -2.98%
2020 5.15% -4.64%
2019 3.2% -4.69%
2018 2.9% -3.1%
2017 3.58% -1.87%
2016 1.47% -1.68%
2015 -2.75% -0.51%
2014 6.38% -0.96%
2013 -1.3% -1.21%
2012 -1.74% -1.78%
2011 -6.02% -0.35%
2010 -1.22% -2.99%
2009 6.85% -5.14%
2008 2.14% -2.13%
2007 5.39% -1.37%
2006 1.34% -0.22%
2005 4.23% -0.75%
2004 4.23% -4.11%
2003 2.37% -7.55%
2002 2.59% -11.3%
2001 2.23% -11.6%
2000 1.35% -8.36%
1999 1.55% -13.8%
1998 - -9.84%
1997 - -10.1%
1996 - -10.7%
1995 - -5.95%
1994 - -6.04%
1993 - -8.84%
1992 - -6.73%
1991 - -6.86%
1990 - -3.65%
1989 - -3.87%
1988 - -3.2%
1987 - -3.47%
1986 - -2.43%
1985 - -5.84%
1984 - -3.77%
1983 - -1.45%
1982 - -1.61%
1981 - -1.5%
1980 - -3.67%
1979 - -3.06%
1978 - -1.83%
1977 - -5.1%
1976 - -0.6%
1975 - -0.19%
1974 - -1.02%
1973 - -0.98%
1972 - -0.13%
1971 - -3.05%
1970 - 0.14%
1969 - -1.45%
1968 - -0.62%
1967 - 0.1%
1966 - -0.66%
1965 - -1.18%
1964 - -0.84%
1963 - 0%
1962 - -0.16%
1961 - -1%
1960 - -0.83%
1959 - -0.78%
1958 - -0.45%
1957 - -0.66%
1956 - -0.84%
1955 - -0.85%
1954 - -1.12%
1953 - -0.12%
1952 - -0.1%
1951 - 0.48%
1950 - -0.53%
1949 - 0.81%
1948 - 0.84%
1947 - -
1946 - -
1945 - 1.01%
1944 - -
1943 - 0.22%
1942 - -
1941 - -
1940 - -
1939 - -
1938 - 1.18%
1937 - -
1936 - 1.43%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1936–1999, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1999–2025, retrieved 2026-07-08).

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

In 2025, Tonga's government surplus, the difference between spending and revenue, was $33M, equivalent to 4.86% of GDP. This compares to Turkey's deficit of $44.4B, or 2.78% of GDP.

Over the past 27 years, Tonga recorded a fiscal deficit in 7 of those years, while Turkey ran a deficit in 27 years. On average, Tonga posted an annual surplus equal to 2.1% of GDP, compared to deficit of 3.95% of GDP for Turkey.

Inflation comparison by year

Inflation
Tonga

Turkey
1x
Year Consumer prices inflation
Tonga Turkey
2025 5.59% 34.9%
2024 3.18% 58.5%
2023 6.35% 53.9%
2022 11% 72.3%
2021 5.64% 19.6%
2020 -0.35% 12.3%
2019 1.18% 15.2%
2018 5.03% 16.3%
2017 7.52% 11.1%
2016 2.58% 7.78%
2015 -1.05% 7.67%
2014 2.51% 8.85%
2013 0.78% 7.49%
2012 1.15% 8.89%
2011 6.27% 6.47%
2010 3.53% 8.57%
2009 1.43% 6.25%
2008 10.4% 10.4%
2007 5.84% 8.76%
2006 6.15% 9.6%
2005 8.67% 8.18%
2004 11% 8.6%
2003 11.6% 21.6%
2002 10.4% 45%
2001 8.29% 54.4%
2000 6.33% 54.9%
1999 4.46% 64.9%
1998 3.27% 84.6%
1997 2.12% 85.7%

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

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

Over the past 29 years, Tonga has recorded an average annual inflation rate of 5.2%, compared with 28% in Turkey. In 2025, inflation was 5.59% in Tonga and 34.9% in Turkey.

Top exports between countries

Tonga
Export category Export value
Turkey
Export category Export value
Raw agricultural goods $117K
Textiles & consumer goods $62K
Machinery & equipment $50K
Metals $26K
Raw materials & minerals $26K
Chemicals & pharma $15K
Miscellaneous $4K

Balance of trade

Tonga Turkey
Current account balance
-$43.5M
2024
-$10.4B
2024
Current account balance ranking
76/190
2024
175/190
2024
Current account balance, % of GDP
-6.72%
2024
-0.77%
2024
Goods imports
$232M
2024
$313B
2024
Goods exports
$10.8M
2024
$257B
2024
Service imports
$161M
2024
$55.8B
2024
Service exports
$93.6M
2024
$117B
2024
Imports of goods and services, % of GDP
60.7%
2024
25.1%
2025
Exports of goods and services, % of GDP
16.9%
2024
24.8%
2025

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Tonga Turkey
Economic freedom 58.9 55
Economic freedom ranking 107/197 129/197
Property rights 71.1 36.4
Government integrity 45.1 35.3
Judicial effectiveness 64.9 23.5
Tax burden 85.6 72
Government spending 31 71.8
Fiscal health 97.3 77.8
Business freedom 59.2 61.6
Labor freedom 55.9 44.3
Monetary freedom 61 36.5
Trade freedom 75.4 71
Investment freedom 40 70
Financial freedom 20 60

Economic freedom comparison by year

Tonga
Turkey
1x
Year Economic freedom index
Tonga Turkey
2026 58.9 55
2025 58.5 56.1
2024 59.2 56.2
2023 60 56.9
2022 60.8 56.9
2021 57.5 64
2020 58.8 64.4
2019 57.7 64.6
2018 63.1 65.4
2017 63 65.2
2016 59.6 62.1
2015 59.3 63.2
2014 58.2 64.9
2013 56 62.9
2012 57 62.5
2011 55.8 64.2
2010 53.4 63.8
2009 54.1 61.6
2008 - 59.9
2007 - 57.4
2006 - 57
2005 - 50.6
2004 - 52.8
2003 - 51.9
2002 - 54.2
2001 - 60.6
2000 - 63.4
1999 - 59.2
1998 - 60.9
1997 - 60.8
1996 - 56.7
1995 - 58.4

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

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

The Economic Freedom Index for Tonga is 58.9, ranking 107/197, compared to 55 for Turkey, ranking 129/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Tonga Turkey
Services, % of GDP
49.5%
2024
59.4%
2025
Industry, % of GDP
17.7%
2024
24%
2025
Agriculture, forestry, and fishing, % of GDP
18.6%
2024
5.21%
2025
GNI, Atlas method
$709M
2025
$1.4T
2025
GNI per capita, PPP
$9,240
2025
$44,630
2025
Total reserves including gold
$413M
2025
$186B
2025
Total reserves ranking
162/177
2025
20/177
2025
Net foreign direct investment
$13.3M
2024
-$5.08B
2024
Net inflows of foreign direct investment
-$12.1M
2024
$11.7B
2024
Net outflows of foreign direct investment
$1.25M
2024
$6.61B
2024
Servicing debt to the IMF, % of GNI
6.33%
2024
6.68%
2024
Poverty at national poverty lines
20.6%
2021
13%
2024
Gross capital formation, % of GDP
26.4%
2024
31.7%
2025

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/turkey | CC BY

Compare countries by 7 more topics

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1999–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1936–1999, 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. TradeMap (2021–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. 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.