Debt service as a share of exports of good and services in Tonga
Tonga: Debt service as a share of exports of good and services was 11.1% in 2023. ▼ Falling
Debt service as a share of exports of good and services in Tonga, 2001–2023
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for debt service as a share of exports of good and services in Tonga is 11.1%, measured in 2023. That is the highest value across all 23 years on record.
That represents a change of up 0.6% on the previous year and up 94.9% over ten years.
Over the whole period, debt service as a share of exports of good and services in Tonga peaked at 11.1% in 2023 and was at its lowest, 3.5%, in 2019.
Tonga ranks 30th of 116 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 23 years of available data.
Debt service as a share of exports of good and services in Tonga, year by year
| Year | % | Change |
|---|---|---|
| 2001 | 9.8% | — |
| 2002 | 8.9% | -9.2% |
| 2003 | 8.2% | -7.4% |
| 2004 | 8.6% | +4.9% |
| 2005 | 9.8% | +13.1% |
| 2006 | 8.6% | -12.1% |
| 2007 | 10.6% | +23.9% |
| 2008 | 8.8% | -17.7% |
| 2009 | 7.2% | -18.1% |
| 2010 | 9.3% | +30.0% |
| 2011 | 6.5% | -29.7% |
| 2012 | 6.2% | -6.1% |
| 2013 | 5.7% | -7.8% |
| 2014 | 6.7% | +18.7% |
| 2015 | 7.4% | +10.0% |
| 2016 | 5.1% | -30.5% |
| 2017 | 4.0% | -21.2% |
| 2018 | 6.7% | +64.4% |
| 2019 | 3.5% | -46.7% |
| 2020 | 4.0% | +12.7% |
| 2021 | 4.9% | +22.0% |
| 2022 | 11.0% | +125.0% |
| 2023 | 11.1% | +0.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.9% | 7.2% | 10.6% | 9 |
| 2010s | 6.1% | 3.5% | 9.3% | 10 |
| 2020s | 7.7% | 4.0% | 11.1% | 4 |
Countries ranked near Tonga
More economy & growth data for Tonga
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.3875 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.2 Percent per annum (2029)
- Final consumption expenditure (constant 2015 US$), per capita 6,167 constant 2015 US$ per person (2024)
- Gross national expenditure (current US$), annual growth rate 6.12 % change on previous year (2024)
- Gross national expenditure (current US$), per unit of GDP 1.46 current US$ per US$ of GDP (2024)
- Gross national expenditure (current US$), per capita 9,083 current US$ per person (2024)
- Gross national expenditure (current LCU), annual growth rate 6.68 % change on previous year (2024)
- Gross national expenditure (current LCU), per unit of GDP 3.47 current LCU per US$ of GDP (2024)
- Gross national expenditure (current LCU), per capita 21,564 current LCU per person (2024)
- Gross national expenditure (constant 2015 US$), annual growth rate 2.68 % change on previous year (2024)
Frequently asked questions
- What is debt service as a share of exports of good and services in Tonga?
- Debt service as a share of exports of good and services in Tonga was 11.1% in 2023, according to World Bank – processed by Our World in Data.
- What is the highest debt service as a share of exports of good and services recorded in Tonga?
- The highest recorded value was 11.1% in 2023.
- What is the lowest debt service as a share of exports of good and services recorded in Tonga?
- The lowest recorded value was 3.5% in 2019.
- How does Tonga rank for debt service as a share of exports of good and services?
- Tonga ranks 30th out of 116 countries with data for 2023.
- Is debt service as a share of exports of good and services rising or falling in Tonga?
- Over the last ten years it is up 94.9%. The long-run trend across the full record is falling.
- Where does this Tonga data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Debt service as a share of exports of good and services. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Debt service as a proportion of exports of goods, services and primary income (%).