Short-term debt in Tonga
Tonga: Short-term debt was 0.0% in 2024. ◆ Volatile
Short-term debt in Tonga, 1985–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
In 2024, short-term debt in Tonga stood at 0.0%. That is the lowest value across all 34 years on record.
Compared with earlier readings it is down 100.0% over ten years.
Over the whole period, short-term debt in Tonga peaked at 21.0% in 1990 and was at its lowest, 0.0%, in 2007.
Tonga ranks 116th of 119 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Short-term debt in Tonga, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 1985 | 2.8% | — |
| 1986 | 2.1% | -25.5% |
| 1987 | 1.9% | -10.5% |
| 1988 | 1.9% | +2.3% |
| 1989 | 3.0% | +58.6% |
| 1990 | 21.0% | +597.9% |
| 1991 | 2.1% | -90.2% |
| 1992 | 2.4% | +16.2% |
| 1993 | 1.7% | -28.3% |
| 1994 | 2.6% | +50.2% |
| 2001 | 1.8% | -29.5% |
| 2002 | 1.9% | +5.5% |
| 2003 | 1.7% | -11.2% |
| 2004 | 1.5% | -14.7% |
| 2005 | 0.2% | -84.7% |
| 2006 | 0.3% | +31.3% |
| 2007 | 0.0% | -100.0% |
| 2008 | 0.0% | — |
| 2009 | 0.0% | — |
| 2010 | 0.0% | +191878.7% |
| 2011 | 0.0% | +90.4% |
| 2012 | 0.0% | -9.5% |
| 2013 | 0.0% | -90.9% |
| 2014 | 0.0% | -47.7% |
| 2015 | 0.0% | -100.0% |
| 2016 | 0.0% | — |
| 2017 | 0.0% | — |
| 2018 | 0.0% | — |
| 2019 | 0.0% | — |
| 2020 | 0.0% | — |
| 2021 | 0.0% | — |
| 2022 | 0.0% | — |
| 2023 | 0.0% | — |
| 2024 | 0.0% | — |
Tonga compared with similar countries
- Tonga's 0.0% is below the median for upper middle income countries, which is 17.7%. (51 countries reporting)
- Tonga's 0.0% is below the median for East Asia & Pacific, which is 11.5%. (16 countries reporting)
Biggest year-on-year movements
Years where Short-term debt in Tonga changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2010 | +191878.7% | 0.0% | 0.0% |
| 1990 | +597.9% | 3.0% | 21.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 2.3% | 1.9% | 3.0% | 5 |
| 1990s | 5.9% | 1.7% | 21.0% | 5 |
| 2000s | 0.8% | 0.0% | 1.9% | 9 |
| 2010s | 0.0% | 0.0% | 0.0% | 10 |
| 2020s | 0.0% | 0.0% | 0.0% | 5 |
Countries ranked near Tonga
- 113 Guinea-Bissau 0.2% compare
- 114 Lesotho 0.2% compare
- 115 East Timor 0.1% compare
- 116 Bhutan 0.0% compare
- 116 Burkina Faso 0.0% compare
- 116 Liberia 0.0% 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 short-term debt in Tonga?
- Short-term debt in Tonga was 0.0% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Tonga?
- The highest recorded value was 21.0% in 1990.
- What is the lowest short-term debt recorded in Tonga?
- The lowest recorded value was 0.0% in 2007.
- How does Tonga rank for short-term debt?
- Tonga ranks 116th out of 119 countries with data for 2024.
- Is short-term debt rising or falling in Tonga?
- Over the last ten years it is down 100.0%. The long-run trend across the full record is volatile.
- Where does this Tonga data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Short-term debt (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
Download this data
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About this data
Short-term external debt is defined as debt that has an original maturity of one year or less. Available data permit no distinction between public and private nonguaranteed short-term debt. Exports of goods, services and primary income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts.