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Indicators of economy in Tonga

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2020 was at about 10.915 US Dollar per capita. In contrast, the GDP in Tonga reached 4.625 US dollars per inhabitant, or 488.83 m US Dollar in the whole country. Tonga is currently at number 202 among the international economies and is therefore one of the less significant. If this is calculated per inhabitant taking into account the purchasing power parity, then Tonga is in the list of the world's richest countries in place 129.

Inflation in Tonga was in 2020 at around -0.35%. Within the EU, the average in the same year was 2.62%. In the United States, it was most recently 4.70%.

Compared with the USA, prices for daily consumer goods are around 24.1% lower.
The Corruption Perceptions Index for the public sector counts 67 and is compared to other countries moderate.


Back to overview: Tonga

Impact of the Covid-19 pandemic in 2020

Overall, the gross domestic product in Tonga in 2020 decreased moderatly from 512.35 million US Dollar to 488.83 million US Dollar. Certainly, there have been shifts in some sectors of the economy, but a minus of 4.6% is still comparatively good this year. Numerous countries suffered more substantial losses. The tourism sector alone slumped by around 16 percent. The unemployment rate rose from 3.1 to 3.6 percent. The inflation rate has fallen from 1.2 percent previously to -0.3 percent by the end of 2020.

Unemployment rates in percent 1991 - 2021

Economic performance 2020

 Tonga
Total
Tonga
per capita
EU
Total
EU
per capita
GDP488.83 m USD4,624.82 USD15,291.93 tn USD29,692.11 USD
Gross national product549.08 m USD5,194.83 USD15,330.84 tn USD29,767.66 USD


Development of gross domestic product in million US Dollar 1975 - 2020



Im- and Exports 2020

 Tonga
Total
Tonga
per capita
EU
Total
EU
per capita
Imports309.69 m USD2,929.98 USD7,340.01 bn USD14,251.98 USD
Exports99.78 m USD944.02 USD7,939.04 bn USD15,415.11 USD


Development of imports and exports in million US dollars 1971 - 2020

Exports
Imports



Tonga: AirportsThe 1 airports in TongaFua'amotu International Airport - the only public airport in Tonga with further information on airlines and destinations
Pariah StatesList of the 11 current Pariah States11 countries, which suffer from the sanctions of the international community because of their mostly autocratic government.
Language: ChineseChinese - Worldwide distributionInternational distribution of mother tongue Chinese including regional allocations. Mainly in in Hong Kong.