External balance on goods and services in Tonga
Tonga: External balance on goods and services was -673.00 million current LCU in 2024. ◆ Volatile
External balance on goods and services in Tonga, 1975–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
Tonga recorded -673.00 million current LCU for external balance on goods and services in 2024.
That represents a change of up 3.8% on the previous year and down 106.0% over ten years.
Over the whole period, external balance on goods and services in Tonga peaked at -7.18 million current LCU in 1977 and was at its lowest, -699.92 million current LCU, in 2023.
Tonga ranks 91st 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -10.69 million current LCU | -17.47 million current LCU | -7.18 million current LCU | 5 |
| 1980s | -34.96 million current LCU | -54.94 million current LCU | -17.61 million current LCU | 10 |
| 1990s | -77.18 million current LCU | -111.76 million current LCU | -45.95 million current LCU | 10 |
| 2000s | -195.61 million current LCU | -306.89 million current LCU | -104.36 million current LCU | 10 |
| 2010s | -386.62 million current LCU | -501.01 million current LCU | -324.10 million current LCU | 10 |
| 2020s | -606.54 million current LCU | -699.92 million current LCU | -496.65 million current LCU | 5 |
Countries ranked near Tonga
More economy & growth data for Tonga
- External balance on goods and services as a percent of GDP -43.8% (2024)
- Inflation of consumer prices 5.6% (2025)
- GDP per capita 4,934 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 5.5% (2024)
- Gross domestic product (GDP) 511.89 million constant 2015 US$ (2025)
- GDP per capita in international and market dollars 4,934 constant 2015 US$ (2025)
- DEC alternative conversion factor 2.4 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 468.46 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) 197.32 million current US$ (2024)
- Taxes less subsidies on products 218.66 million current LCU (2024)
Frequently asked questions
- What is external balance on goods and services in Tonga?
- External balance on goods and services in Tonga was -673.00 million current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Tonga?
- The highest recorded value was -7.18 million current LCU in 1977.
- What is the lowest external balance on goods and services recorded in Tonga?
- The lowest recorded value was -699.92 million current LCU in 2023.
- How does Tonga rank for external balance on goods and services?
- Tonga ranks 91st out of 192 countries with data for 2024.
- Is external balance on goods and services rising or falling in Tonga?
- Over the last ten years it is down 106.0%. The long-run trend across the full record is volatile.
- Where does this Tonga data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.