Worlddata.info

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 12.259 USD per capita. GDP in Tonga, on the other hand, reached USD 4.579 per capita, or 488.83 million USD in the whole country. Tonga is currently at number 204 among the international economies and is therefore one of the less significant. If this is calculated per inhabitant, then Tonga is in place 127.

Inflation in Tonga was in 2020 at around -0.35%. Within the EU, the average in the same year was 2.55%. 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

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 USD4,578.82 USD17.09 tn USD33,228.68 USD
Gross national product549.08 m USD5,143.15 USD16.78 tn USD32,621.03 USD


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



Im- and Exports 2021

 Tonga
Total
Tonga
per capita
EU
Total
EU
per capita
Imports285.68 m USD2,675.93 USD8,916.24 bn USD17,337.55 USD
Exports58.75 m USD550.30 USD9,554.34 bn USD18,578.33 USD


Development of imports and exports in millions of USD 1971 - 2021

Exports
Imports



Tonga: AirportsThe 6 airports in TongaThe 6 biggest airports 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.
United States: Public HolidaysPublic holidays in the United States 2022-2026Statutory and inofficial holidays in the United States for 2022 to 2026