household debts in Tonga

Gross debt in Tonga

The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. On the other hand not included in the gross debt are the demands of a country to foreign ones.
The gross debt in Tonga in the period from 1998 to 2020 was between 69.0 million and 256.2 million USD. The hightest level within the past 22 years was reached in 2012. However, the liabilities in 2020 have been only 211 million USD
Based on the number of inhabitants, this is in Tonga a debt of 2,000 USD per person. For comparison: The average debt per person in the same year in the European Union was 30,798 USD.
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Gross debt for the last 22 years in millions of USD

YearTonga totalTonga per capitaEU per capita
199869.00 M USD711 USD14,079 USD
199976.50 M USD785 USD14,032 USD
200089.24 M USD911 USD11,232 USD
200196.71 M USD982 USD11,255 USD
2002110.87 M USD1,120 USD12,258 USD
2003113.71 M USD1,142 USD15,286 USD
2004120.52 M USD1,203 USD17,595 USD
2005113.49 M USD1,125 USD18,327 USD
2006115.58 M USD1,136 USD18,877 USD
2007112.89 M USD1,100 USD20,898 USD
2008117.12 M USD1,133 USD24,086 USD
2009124.10 M USD1,194 USD25,361 USD
2010164.10 M USD1,578 USD26,496 USD
2011214.94 M USD2,076 USD29,231 USD
2012256.21 M USD2,494 USD28,174 USD
2013220.99 M USD2,171 USD29,981 USD
2014208.84 M USD2,067 USD30,648 USD
2015223.64 M USD2,219 USD25,920 USD
2016207.81 M USD2,055 USD26,262 USD
2017209.86 M USD2,057 USD27,025 USD
2018224.42 M USD2,175 USD28,454 USD
2019211.50 M USD2,024 USD27,178 USD
2020211.43 M USD2,000 USD30,798 USD

Comparison of gross debt per capita with the European Union in U.S. dollars

      Tonga       European Union

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