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$, in 2023.
That places Tonga 102nd out of 200 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net trade in goods and services in Tonga, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1971 | -2.39 million BoP, current US$ | — |
| 1972 | -3.70 million BoP, current US$ | +54.6% |
| 1973 | -3.86 million BoP, current US$ | +4.3% |
| 1974 | -4.52 million BoP, current US$ | +16.9% |
| 1975 | -7.51 million BoP, current US$ | +66.3% |
| 1976 | -9.88 million BoP, current US$ | +31.6% |
| 1977 | -9.32 million BoP, current US$ | -5.6% |
| 1978 | -9.98 million BoP, current US$ | +7.1% |
| 1979 | -14.53 million BoP, current US$ | +45.5% |
| 1980 | -17.66 million BoP, current US$ | +21.6% |
| 1981 | -26.34 million BoP, current US$ | +49.1% |
| 1982 | -25.17 million BoP, current US$ | -4.4% |
| 1983 | -33.43 million BoP, current US$ | +32.8% |
| 1984 | -25.10 million BoP, current US$ | -24.9% |
| 1985 | -23.49 million BoP, current US$ | -6.4% |
| 1986 | -27.97 million BoP, current US$ | +19.1% |
| 1987 | -26.54 million BoP, current US$ | -5.1% |
| 1988 | -43.16 million BoP, current US$ | +62.6% |
| 1989 | -39.08 million BoP, current US$ | -9.4% |
| 1990 | -32.64 million BoP, current US$ | -16.5% |
| 1991 | -42.83 million BoP, current US$ | +31.2% |
| 1992 | -41.81 million BoP, current US$ | -2.4% |
| 1993 | -40.48 million BoP, current US$ | -3.2% |
| 1994 | -55.25 million BoP, current US$ | +36.5% |
| 2001 | -65.05 million BoP, current US$ | +17.7% |
| 2002 | -67.23 million BoP, current US$ | +3.4% |
| 2003 | -71.02 million BoP, current US$ | +5.6% |
| 2004 | -80.67 million BoP, current US$ | +13.6% |
| 2005 | -103.79 million BoP, current US$ | +28.7% |
| 2006 | -113.73 million BoP, current US$ | +9.6% |
| 2007 | -147.53 million BoP, current US$ | +29.7% |
| 2008 | -171.97 million BoP, current US$ | +16.6% |
| 2009 | -198.29 million BoP, current US$ | +15.3% |
| 2010 | -180.66 million BoP, current US$ | -8.9% |
| 2011 | -192.28 million BoP, current US$ | +6.4% |
| 2012 | -204.93 million BoP, current US$ | +6.6% |
| 2013 | -189.02 million BoP, current US$ | -7.8% |
| 2014 | -178.65 million BoP, current US$ | -5.5% |
| 2015 | -186.64 million BoP, current US$ | +4.5% |
| 2016 | -166.46 million BoP, current US$ | -10.8% |
| 2017 | -203.01 million BoP, current US$ | +22.0% |
| 2018 | -216.94 million BoP, current US$ | +6.9% |
| 2019 | -226.99 million BoP, current US$ | +4.6% |
| 2020 | -219.91 million BoP, current US$ | -3.1% |
| 2021 | -252.44 million BoP, current US$ | +14.8% |
| 2022 | -285.80 million BoP, current US$ | +13.2% |
| 2023 | -302.22 million BoP, current US$ | +5.7% |
| 2024 | -288.45 million BoP, current US$ | -4.6% |
Tonga compared with similar countries
- Tonga's -288.45 million BoP, current US$ is above the median for upper middle income countries, which is -288.45 million BoP, current US$, 1.0× the median. (57 countries reporting)
- Tonga's -288.45 million BoP, current US$ is below the median for East Asia & Pacific, which is -105.08 million BoP, current US$, 2.7× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -7.30 million BoP, current US$ | -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
- 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$), annual growth rate 9.39 % change on previous year (2025)
Frequently asked questions
- What is net trade in goods and services in Tonga?
- Net trade in goods and services in Tonga was -288.45 million BoP, current US$ 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 200 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.