Economy of Tonga
Population: 0.10 M (2018)
GDP per Capita: 4,364 USD (2018)
450 M.

GDP USD

(2018)

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100 M.

EXPORTS USD

(2018)

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340 M.

IMPORTS USD

(2018)

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2018 %

PUBLIC DEBT

(2018)

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Data is provided by World Bank, FMI and Central Banks.

GDP and Economic Growth

Indicator Value
Economic Growth 0.30 % (2018)
GDP of 2010 USD USD 0.40 B. (2018)
GDP Current USD USD 0.45 B. (2018)
GDP per Capita Current USD USD 4,364 (2018)
GDP per capita, PPP USD 5,696 (2018)
GDP per Capita, 2010 USD USD 4,055 (2018)

Government spending and balances

Indicator Value
Government Spending % GDP 18.87 % (2012)
Government Spending USD 0.09 B. (2012)
Government Debt % GDP % ()

International Trade and Investment

Indicator Value
Terms of Trade Base Year 2000 99.25 (2018)
Trade Openness 98.22 % (2018)
Exports of Goods and Services % GDP 22.30 % (2018)
Exports Goods & Services USD 0.10 B. (2018)
Exports Annual Growth Tonga
Imports as % GDP 75.92 % (2018)
Total Imports USD 0.34 B. (2018)
Foreign Direct Investment % GDP 3.34 % (2018)
Foreign Direct Investment USD 0.02 B. (2018)
Current Account Balance % GDP USD -6.36 % (2018)
Current Account Balance USD -0.03 B. (2018)
Trade Balance % GDP -53.62 % (2018)
Trade Balance USD -0.22 B. (2018)
Foreign Exchange Reserves incl Gold USD 0.23 B. (2018)
Remittances % GDP 40.70 % (2018)
Remittances USD 138 M. (2018)
Balance of Payments USD 16 M. (2017)

Labor Market

Indicator Value
Labor Force 0.04 M. (2019)
Unemployment Rate 1.02 % (2019)
Unemployment Rate Females 2.03 % (2019)
Unemployment Rate Males 0.53 % (2019)
Youth Unemployment (ages 15-24) 3.38 % (2019)
Labor Force Participation Rate 59.50 % (2019)
Labor Force (Percent Female) 38.61 % (2019)
Female Labor Force Participation Rate 45.21 % (2019)
Male Labor Force Participation Rate 74.08 % (2019)
Dependent People 70.56 % (2018)

Agriculture Sector

Indicator Value
Forest Area 12.50 % (2016)
Forest Area km² 90 km² (2016)
Agricultural Land 45.83 % (2016)
Agricultural Land km² 330 km² (2016)
Employment 30.42 % (2019)
Value added % GDP 17.21 % (2016)
Agriculture Value added USD 0.07 B. (2016)
Crop Production Index 142.30 (2016)
Precipitation
Arable Land 25 % (2016)
Cereal Yield 25 % (2016)
Food production index 138 (2016)
Rural Population 77 % (2018)
Fertilizer use of Arable Land 39 kg/hectare (2016)
Livestock Production Index 107 (2016)
Economy of Tonga

According to the World Bank and its latest published data, the economy of the Tonga presents a growth rate of 0.30 % (2018) to the previous year.

With a population that reaches 0.10 M (2018) and a gross domestic product of USD 0.45 B. (2018), it translates a Gross Domestic Product per Capita of USD 4,364 placing its inhabitants on the threshold of an Upper middle income country (according to the World Bank's updated classification).

Tonga also has a workforce of 0.04 M. (2019) with an unemployment rate of 1.02 % (2019), where women represent 2.03 % (2019) and men 0.53 % (2019), the unemployment rate for young people between 15-24 years old stood at 3.38 % (2019). The total number of dependent people stands at 70.56 % (2018).

The central government spent 18.87 % (2012) of its gross domestic product that year, which in absolute terms is USD 0.09 B. (2012). Its consolidated public debt reached of its GDP, not exceeding the 35% risk limit used by the European Union.

Regarding its international trade, Tonga exported USD 0.10 B. (2018), which represents 22.30 % (2018) of its gross domestic product, in that same sense its imports reached USD 0.34 B. (2018) with a direct foreign investment of USD 0.02 B. (2018).

Tonga has a forest area of 90 km² (2016), which represents 12.50 % (2016) of its total area, an average rainfall of per year and a population of 77 % (2018) living in rural areas. With a total area of 330 km² (2016) available for agriculture and 30.42 % (2019) of its employments, the agricultural sector contributes to the economy of the Tonga about USD 0.07 B. (2016) (17.21 % (2016) of its GDP).