Revenue, excluding grants in Tonga
Tonga: Revenue, excluding grants was 22.6% in 2023. ▲ Rising
Revenue, excluding grants in Tonga, 2013–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2023, revenue, excluding grants in Tonga stood at 22.6%.
That represents a change of up 1.4% on the previous year and up 17.1% over ten years.
Over the whole period, revenue, excluding grants in Tonga peaked at 24.7% in 2018 and was at its lowest, 19.3%, in 2013.
Tonga ranks 93rd of 157 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 11 years of available data.
Revenue, excluding grants in Tonga, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2013 | 19.3% | — |
| 2014 | 20.2% | +4.3% |
| 2015 | 22.2% | +10.2% |
| 2016 | 23.9% | +7.7% |
| 2017 | 23.9% | +0.0% |
| 2018 | 24.7% | +3.1% |
| 2019 | 23.7% | -4.0% |
| 2020 | 24.0% | +1.4% |
| 2021 | 23.4% | -2.6% |
| 2022 | 22.3% | -4.7% |
| 2023 | 22.6% | +1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 22.6% | 19.3% | 24.7% | 7 |
| 2020s | 23.1% | 22.3% | 24.0% | 4 |
Countries ranked near Tonga
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)
- Manufacturing, value added (current US$), per unit of GDP 0.0554 current US$ per US$ of GDP (2024)
- Manufacturing, value added (current US$), per capita 344.3 current US$ per person (2024)
- Manufacturing, value added (current LCU), per unit of GDP 0.1315 current LCU per US$ of GDP (2024)
- Manufacturing, value added (current LCU), per capita 817.4 current LCU per person (2024)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0462 constant 2015 US$ per US$ of GDP (2024)
- Manufacturing, value added (constant 2015 US$), per capita 287.44 constant 2015 US$ per person (2024)
- Manufacturing, value added (constant LCU), per capita 606.89 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual 30.22 % change on previous year (2024)
Frequently asked questions
- What is revenue, excluding grants in Tonga?
- Revenue, excluding grants in Tonga was 22.6% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest revenue, excluding grants recorded in Tonga?
- The highest recorded value was 24.7% in 2018.
- What is the lowest revenue, excluding grants recorded in Tonga?
- The lowest recorded value was 19.3% in 2013.
- How does Tonga rank for revenue, excluding grants?
- Tonga ranks 93rd out of 157 countries with data for 2023.
- Is revenue, excluding grants rising or falling in Tonga?
- Over the last ten years it is up 17.1%. The long-run trend across the full record is rising.
- Where does this Tonga data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Revenue, excluding grants (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Revenue is an increase in net worth resulting from a transaction. Grants are excluded from this figure. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.