Indicators of economy in Tonga

The essential economic performance of a country is reflected by the gross domestic product, the total of all goods and services sold. Worldwide gross domestic product in 2021 was at about 12,230 USD per capita. GDP in Tonga, on the other hand, reached USD 4,426 per capita, or 469.23 million USD for the whole country. Tonga is currently at number 203 among the international economies and is therefore one of the less significant. If this is calculated per inhabitant, taking purchasing power parity into account, then Tonga ranks 130th in the list of the richest countries.

Inflation in Tonga in 2021 was around 5.64%. Within the EU, the average in the same year was 2.55 percent. In the United States, it was most recently 4.70%.

Compared with the USA, prices for daily consumer goods are around 23.5 percent lower.
The index for perceived corruption in the public sector is 31, which is below average by global standards.


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