External balance on goods and services in Tonga
Tonga: External balance on goods and services was -283.48 million current US$ in 2024. ◆ Volatile
Latest (2024)
-283.48 million current US$
Change on year
up 4.4%
World rank
92nd
of 193 countries
All-time high
-7.96 million current US$
in 1977
All-time low
-296.37 million current US$
in 2023
Years of data
50
1975–2024
External balance on goods and services in Tonga, 1975–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
Tonga recorded -283.48 million current US$ for external balance on goods and services in 2024.
The figure is up 4.4% on the previous year and down 57.3% over ten years.
Over the whole period, external balance on goods and services in Tonga peaked at -7.96 million current US$ in 1977 and was at its lowest, -296.37 million current US$, in 2023.
Tonga ranks 92nd of 193 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services in Tonga, year by year
| Year | current US$ | Change |
|---|---|---|
| 1975 | -9.59 million current US$ | — |
| 1976 | -8.92 million current US$ | -7.0% |
| 1977 | -7.96 million current US$ | -10.8% |
| 1978 | -16.25 million current US$ | +104.1% |
| 1979 | -19.53 million current US$ | +20.2% |
| 1980 | -20.06 million current US$ | +2.7% |
| 1981 | -26.06 million current US$ | +29.9% |
| 1982 | -22.99 million current US$ | -11.8% |
| 1983 | -30.74 million current US$ | +33.7% |
| 1984 | -23.35 million current US$ | -24.0% |
| 1985 | -25.29 million current US$ | +8.3% |
| 1986 | -30.12 million current US$ | +19.1% |
| 1987 | -27.50 million current US$ | -8.7% |
| 1988 | -46.94 million current US$ | +70.7% |
| 1989 | -40.09 million current US$ | -14.6% |
| 1990 | -35.46 million current US$ | -11.6% |
| 1991 | -49.78 million current US$ | +40.4% |
| 1992 | -34.74 million current US$ | -30.2% |
| 1993 | -38.30 million current US$ | +10.2% |
| 1994 | -56.03 million current US$ | +46.3% |
| 1995 | -77.70 million current US$ | +38.7% |
| 1996 | -83.50 million current US$ | +7.5% |
| 1997 | -64.78 million current US$ | -22.4% |
| 1998 | -74.91 million current US$ | +15.6% |
| 1999 | -58.31 million current US$ | -22.2% |
| 2000 | -63.67 million current US$ | +9.2% |
| 2001 | -64.61 million current US$ | +1.5% |
| 2002 | -68.22 million current US$ | +5.6% |
| 2003 | -69.65 million current US$ | +2.1% |
| 2004 | -80.38 million current US$ | +15.4% |
| 2005 | -106.10 million current US$ | +32.0% |
| 2006 | -108.81 million current US$ | +2.6% |
| 2007 | -130.72 million current US$ | +20.1% |
| 2008 | -140.11 million current US$ | +7.2% |
| 2009 | -147.14 million current US$ | +5.0% |
| 2010 | -168.02 million current US$ | +14.2% |
| 2011 | -191.96 million current US$ | +14.2% |
| 2012 | -206.63 million current US$ | +7.6% |
| 2013 | -190.31 million current US$ | -7.9% |
| 2014 | -180.26 million current US$ | -5.3% |
| 2015 | -207.71 million current US$ | +15.2% |
| 2016 | -163.14 million current US$ | -21.5% |
| 2017 | -200.97 million current US$ | +23.2% |
| 2018 | -215.58 million current US$ | +7.3% |
| 2019 | -220.52 million current US$ | +2.3% |
| 2020 | -214.99 million current US$ | -2.5% |
| 2021 | -240.87 million current US$ | +12.0% |
| 2022 | -270.47 million current US$ | +12.3% |
| 2023 | -296.37 million current US$ | +9.6% |
| 2024 | -283.48 million current US$ | -4.4% |
Tonga compared with similar countries
- Tonga's -283.48 million current US$ is above the median for upper middle income countries, which is -347.73 million current US$, 82% of the median. (53 countries reporting)
- Tonga's -283.48 million current US$ is below the median for East Asia & Pacific, which is -166.62 million current US$, 1.7× the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -12.45 million current US$ | -19.53 million current US$ | -7.96 million current US$ | 5 |
| 1980s | -29.31 million current US$ | -46.94 million current US$ | -20.06 million current US$ | 10 |
| 1990s | -57.35 million current US$ | -83.50 million current US$ | -34.74 million current US$ | 10 |
| 2000s | -97.94 million current US$ | -147.14 million current US$ | -63.67 million current US$ | 10 |
| 2010s | -194.51 million current US$ | -220.52 million current US$ | -163.14 million current US$ | 10 |
| 2020s | -261.24 million current US$ | -296.37 million current US$ | -214.99 million current US$ | 5 |
Countries ranked near Tonga
- 89 Slovakia -236.80 million current US$ compare
- 90 Micronesia (country) -245.00 million current US$ compare
- 91 American Samoa -268.00 million current US$ compare
- 93 Vanuatu -294.46 million current US$ compare
- 94 Seychelles -311.50 million current US$ compare
- 95 Kiribati -319.40 million current US$ 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.25 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0019 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 12.03 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -12.08 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -560.68 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0187 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita -115.95 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 9.39 % change on previous year (2025)
Frequently asked questions
- What is external balance on goods and services in Tonga?
- External balance on goods and services in Tonga was -283.48 million current US$ 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 -7.96 million current US$ in 1977.
- What is the lowest external balance on goods and services recorded in Tonga?
- The lowest recorded value was -296.37 million current US$ in 2023.
- How does Tonga rank for external balance on goods and services?
- Tonga ranks 92nd out of 193 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 57.3%. 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 US$). Statizoid updates them automatically from the source API.
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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 indicator is expressed in United States dollars.