Net trade in goods and services in Tonga
Tonga: Net trade in goods and services was -288.45 million BoP, current US$ in 2024. ◆ Volatile
Net trade in goods and services in Tonga, 1971–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Tonga recorded -288.45 million BoP, current US$ for net trade in goods and services in 2024.
Compared with earlier readings it is up 4.6% on the previous year and down 61.5% over ten years.
Over the whole period, net trade in goods and services in Tonga peaked at -2.39 million BoP, current US$ in 1971 and was at its lowest, -302.22 million BoP, current US$, in 2023.
That places Tonga 102nd out of 198 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -7.30 million BoP, current US$ | -14.53 million BoP, current US$ | -2.39 million BoP, current US$ | 9 |
| 1980s | -28.79 million BoP, current US$ | -43.16 million BoP, current US$ | -17.66 million BoP, current US$ | 10 |
| 1990s | -42.60 million BoP, current US$ | -55.25 million BoP, current US$ | -32.64 million BoP, current US$ | 5 |
| 2000s | -113.25 million BoP, current US$ | -198.29 million BoP, current US$ | -65.05 million BoP, current US$ | 9 |
| 2010s | -194.56 million BoP, current US$ | -226.99 million BoP, current US$ | -166.46 million BoP, current US$ | 10 |
| 2020s | -269.76 million BoP, current US$ | -302.22 million BoP, current US$ | -219.91 million BoP, current US$ | 5 |
Countries ranked near Tonga
- 99 Mongolia -235.74 million BoP, current US$ compare
- 100 Saint Vincent and the Grenadines -236.56 million BoP, current US$ compare
- 101 Dominica -272.18 million BoP, current US$ compare
- 103 Equatorial Guinea -296.43 million BoP, current US$ compare
- 104 Bahamas -297.87 million BoP, current US$ compare
- 105 Guinea-Bissau -331.52 million BoP, current US$ compare
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 net trade in goods and services in Tonga?
- Net trade in goods and services in Tonga was -288.45 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods and services recorded in Tonga?
- The highest recorded value was -2.39 million BoP, current US$ in 1971.
- What is the lowest net trade in goods and services recorded in Tonga?
- The lowest recorded value was -302.22 million BoP, current US$ in 2023.
- How does Tonga rank for net trade in goods and services?
- Tonga ranks 102nd out of 198 countries with data for 2024.
- Is net trade in goods and services rising or falling in Tonga?
- Over the last ten years it is down 61.5%. The long-run trend across the full record is volatile.
- Where does this Tonga data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net trade in goods and services (BoP, 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.