Tonga: Economy

Economic Trivia

Tourism is the second-largest source of earnings for the country.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2014): New Zealand, Singapore, and United States
Top 3 Exported Goods (2014): Seafood, Vegetables, and Oil & Mineral Fuels

Top Industries Source: CIA World Factbook

Tourism; Construction; Fishing

Gross Domestic Product (GDP) Source: The World Bank

GDP, PPP (current international) $552,230,755 (2014)
GDP Growth Rate (annual %) 2.144% (2014)
GDP Per Capita, PPP (current international) $5,230 (2014)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 188/193 (2014)

Economic Indicators Source: The World Bank

Inflation, consumer prices (annual %) -1.046% (2015)
External debt stocks, total (DOD, current US$) $195,794,000 (2014)
Total tax rate (% of commercial profits) 30.1% (2015)
Real Interest Rate (5 year average %) 6.515% (2014)
Manufacturing, value added (% of GDP) 6.904% (2014)
Current Account Balance (BoP, current US$) ($32,502,494) (2013)
Click on a row to display its 5-year graph on the right.

Labor and Employment Source: The World Bank

Labor Force, Total 42,390 (2014)
Employment in Agriculture (% of total employment) 31.8% (2003)
Employment in Industry (% of total employment) 30.6% (2003)
Employment in Services (% of total employment) 37.5% (2003)
Unemployment Rate 1.1% (2006)
Click on a row to display its 5-year graph on the right.
Imports of goods and services (current US$) $232,459,453 (2014)
Exports of goods and services (current US$) $77,194,082 (2014)
Total Merchandise Trade (% of GDP) 50.647% (2014)
FDI, net inflows (BoP, current US$) $12,632,019 (2015)
Commercial Service Exports (current US$) $69,893,539 (2013)
Click on a row to display its 5-year graph on the right.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Tonga’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Glossary