External balance on goods and services (current LCU), annual growth in Tonga
Tonga: External balance on goods and services (current LCU), annual growth was 3.85 % change on previous year in 2024. ◆ Volatile
External balance on goods and services (current LCU), annual growth in Tonga, 1976–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Tonga recorded 3.85 % change on previous year for external balance on goods and services (current lcu), annual growth in 2024.
Compared with earlier readings it is up 127.6% on the previous year and up 288.6% over ten years.
Over the whole period, external balance on goods and services (current lcu), annual growth in Tonga peaked at 27.49 % change on previous year in 1992 and was at its lowest, -97.78 % change on previous year, in 1978.
Tonga ranks 75th of 192 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services (current LCU), annual growth in Tonga, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1976 | 0.3264 % change on previous year | — |
| 1977 | 1.67 % change on previous year | +411.3% |
| 1978 | -97.78 % change on previous year | -5959.0% |
| 1979 | -23.09 % change on previous year | -76.4% |
| 1980 | -0.8064 % change on previous year | -96.5% |
| 1981 | -28.76 % change on previous year | +3466.0% |
| 1982 | 0.0617 % change on previous year | -100.2% |
| 1983 | -50.57 % change on previous year | -82022.1% |
| 1984 | 22.02 % change on previous year | -143.5% |
| 1985 | -36.07 % change on previous year | -263.8% |
| 1986 | -24.44 % change on previous year | -32.2% |
| 1987 | 12.82 % change on previous year | -152.4% |
| 1988 | -39.85 % change on previous year | -411.0% |
| 1989 | 8.15 % change on previous year | -120.5% |
| 1990 | 8.94 % change on previous year | +9.6% |
| 1991 | -40.47 % change on previous year | -552.9% |
| 1992 | 27.49 % change on previous year | -167.9% |
| 1993 | -13.26 % change on previous year | -148.2% |
| 1994 | -39.56 % change on previous year | +198.3% |
| 1995 | -33.49 % change on previous year | -15.3% |
| 1996 | -4.16 % change on previous year | -87.6% |
| 1997 | 20.43 % change on previous year | -591.2% |
| 1998 | -36.55 % change on previous year | -278.9% |
| 1999 | 17.42 % change on previous year | -147.7% |
| 2000 | -13.07 % change on previous year | -175.0% |
| 2001 | -21.17 % change on previous year | +62.0% |
| 2002 | -17.59 % change on previous year | -16.9% |
| 2003 | -2.84 % change on previous year | -83.8% |
| 2004 | -7.52 % change on previous year | +164.5% |
| 2005 | -25.07 % change on previous year | +233.3% |
| 2006 | -6.29 % change on previous year | -74.9% |
| 2007 | -19.76 % change on previous year | +214.1% |
| 2008 | -1.73 % change on previous year | -91.3% |
| 2009 | -15.24 % change on previous year | +783.3% |
| 2010 | -5.61 % change on previous year | -63.2% |
| 2011 | -8.51 % change on previous year | +51.8% |
| 2012 | 0.4151 % change on previous year | -104.9% |
| 2013 | 5.79 % change on previous year | +1294.1% |
| 2014 | 0.9898 % change on previous year | -82.9% |
| 2015 | -23.54 % change on previous year | -2478.5% |
| 2016 | 10.37 % change on previous year | -144.0% |
| 2017 | -22.8 % change on previous year | -319.9% |
| 2018 | -6.46 % change on previous year | -71.7% |
| 2019 | -5.94 % change on previous year | -8.1% |
| 2020 | 0.8706 % change on previous year | -114.7% |
| 2021 | -10.48 % change on previous year | -1303.5% |
| 2022 | -11.98 % change on previous year | +14.4% |
| 2023 | -13.91 % change on previous year | +16.1% |
| 2024 | 3.85 % change on previous year | -127.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -29.72 % change on previous year | -97.78 % change on previous year | 1.67 % change on previous year | 4 |
| 1980s | -13.74 % change on previous year | -50.57 % change on previous year | 22.02 % change on previous year | 10 |
| 1990s | -9.32 % change on previous year | -40.47 % change on previous year | 27.49 % change on previous year | 10 |
| 2000s | -13.03 % change on previous year | -25.07 % change on previous year | -1.73 % change on previous year | 10 |
| 2010s | -5.53 % change on previous year | -23.54 % change on previous year | 10.37 % change on previous year | 10 |
| 2020s | -6.33 % change on previous year | -13.91 % change on previous year | 3.85 % change on previous year | 5 |
Countries ranked near Tonga
- 72 Romania 4.89 % change on previous year compare
- 73 Oman 4.35 % change on previous year compare
- 74 Ecuador 4.32 % change on previous year compare
- 76 Seychelles 3.75 % change on previous year compare
- 77 Bahrain 3.62 % change on previous year compare
- 78 Guinea-Bissau 3.09 % change on previous year compare
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)
- Imports of goods and services (constant 2015 US$), annual growth rate 0.8347 % change on previous year (2024)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.5345 constant 2015 US$ per US$ of GDP (2024)
- Imports of goods and services (constant 2015 US$), per capita 3,322 constant 2015 US$ per person (2024)
- External balance on goods and services (current US$), annual growth 4.35 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), annual 7.83 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.4408 current LCU per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 2,740 current LCU per person (2024)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) -19.44 % change on previous year (2024)
Frequently asked questions
- What is external balance on goods and services (current lcu), annual growth in Tonga?
- External balance on goods and services (current lcu), annual growth in Tonga was 3.85 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest external balance on goods and services (current lcu), annual growth recorded in Tonga?
- The highest recorded value was 27.49 % change on previous year in 1992.
- What is the lowest external balance on goods and services (current lcu), annual growth recorded in Tonga?
- The lowest recorded value was -97.78 % change on previous year in 1978.
- How does Tonga rank for external balance on goods and services (current lcu), annual growth?
- Tonga ranks 75th out of 192 countries with data for 2024.
- Is external balance on goods and services (current lcu), annual growth rising or falling in Tonga?
- Over the last ten years it is up 288.6%. The long-run trend across the full record is volatile.
- Where does this Tonga data come from?
- The figures come from Statizoid (derived), published as part of External balance on goods and services (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in External balance on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- External balance on goods and services Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in External balance on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.