Short-term debt in Tonga
Tonga: Short-term debt was 0.0% in 2024. ◆ Volatile
Short-term debt in Tonga, 1985–2024
Source: World Development Indicators, World Bank (WB). Measured in % of total reserves.
Analysis
In 2024, short-term debt in Tonga stood at 0.0%. That is the lowest value across all 40 years on record.
The figure is down 100.0% over ten years.
Over the whole period, short-term debt in Tonga peaked at 29.5% in 1990 and was at its lowest, 0.0%, in 2007.
Tonga ranks 108th of 111 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 total reserves | Change |
|---|---|---|
| 1985 | 2.6% | — |
| 1986 | 2.2% | -16.7% |
| 1987 | 1.9% | -14.2% |
| 1988 | 1.9% | +3.4% |
| 1989 | 4.3% | +120.6% |
| 1990 | 29.5% | +590.5% |
| 1991 | 2.4% | -92.0% |
| 1992 | 2.7% | +13.6% |
| 1993 | 1.5% | -42.5% |
| 1994 | 2.8% | +83.0% |
| 1995 | 4.6% | +63.4% |
| 1996 | 4.3% | -6.2% |
| 1997 | 3.7% | -13.4% |
| 1998 | 2.4% | -35.9% |
| 1999 | 1.4% | -41.3% |
| 2000 | 1.6% | +13.0% |
| 2001 | 2.2% | +39.8% |
| 2002 | 3.1% | +38.2% |
| 2003 | 1.9% | -36.6% |
| 2004 | 1.4% | -30.4% |
| 2005 | 0.3% | -81.4% |
| 2006 | 0.3% | +24.0% |
| 2007 | 0.0% | -100.0% |
| 2008 | 0.0% | — |
| 2009 | 0.0% | — |
| 2010 | 0.0% | +176374.0% |
| 2011 | 0.0% | +135.5% |
| 2012 | 0.0% | -3.8% |
| 2013 | 0.0% | -90.0% |
| 2014 | 0.0% | -57.2% |
| 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% | — |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 2.6% | 1.9% | 4.3% | 5 |
| 1990s | 5.5% | 1.4% | 29.5% | 10 |
| 2000s | 1.1% | 0.0% | 3.1% | 10 |
| 2010s | 0.0% | 0.0% | 0.0% | 10 |
| 2020s | 0.0% | 0.0% | 0.0% | 5 |
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)
- Gross value added at basic prices (GVA) (current LCU), annual growth 12.69 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 2.04 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 12,657 current LCU per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 4.1 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.6596 constant 2015 US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 4,100 constant 2015 US$ per person (2024)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 4.1 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 1.39 constant LCU per US$ of GDP (2024)
Frequently asked questions
- What is short-term debt in Tonga?
- Short-term debt in Tonga was 0.0% in 2024, according to World Development Indicators, World Bank (WB).
- What is the highest short-term debt recorded in Tonga?
- The highest recorded value was 29.5% 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 108th out of 111 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 World Development Indicators, World Bank (WB), published as part of Short-term debt (% of total reserves). Statizoid updates them automatically from the source API.
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About this data
Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total reserves includes gold.