Taxes less subsidies on products (constant LCU), annual growth rate in Tonga
Tonga: Taxes less subsidies on products (constant LCU), annual growth rate was -10.61 % change on previous year in 2024. ◆ Volatile
Taxes less subsidies on products (constant LCU), annual growth rate in Tonga, 1982–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, taxes less subsidies on products (constant lcu), annual growth rate in Tonga stood at -10.61 % change on previous year.
Compared with earlier readings it is down 329.9% on the previous year and down 243.5% over ten years.
Over the whole period, taxes less subsidies on products (constant lcu), annual growth rate in Tonga peaked at 21.16 % change on previous year in 1985 and was at its lowest, -26.87 % change on previous year, in 2009.
Tonga ranks 184th of 188 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (constant LCU), annual growth rate in Tonga, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1982 | 9.39 % change on previous year | — |
| 1983 | 3.07 % change on previous year | -67.2% |
| 1984 | -2.1 % change on previous year | -168.4% |
| 1985 | 21.16 % change on previous year | -1106.1% |
| 1986 | 0.7345 % change on previous year | -96.5% |
| 1987 | 4.78 % change on previous year | +550.7% |
| 1988 | 3.69 % change on previous year | -22.8% |
| 1989 | -7.08 % change on previous year | -291.8% |
| 1990 | 1.75 % change on previous year | -124.7% |
| 1991 | 11.5 % change on previous year | +556.8% |
| 1992 | -15.73 % change on previous year | -236.8% |
| 1993 | 9.62 % change on previous year | -161.2% |
| 1994 | 12.33 % change on previous year | +28.2% |
| 1995 | 3.5 % change on previous year | -71.6% |
| 1996 | -1.46 % change on previous year | -141.7% |
| 1997 | 3.49 % change on previous year | -339.6% |
| 1998 | -5.71 % change on previous year | -263.5% |
| 1999 | -4.85 % change on previous year | -15.0% |
| 2000 | 9.36 % change on previous year | -292.8% |
| 2001 | 2.3 % change on previous year | -75.4% |
| 2002 | 17.07 % change on previous year | +642.7% |
| 2003 | 6.15 % change on previous year | -64.0% |
| 2004 | -10.73 % change on previous year | -274.4% |
| 2005 | 4.75 % change on previous year | -144.2% |
| 2006 | 5.4 % change on previous year | +13.7% |
| 2007 | 1.62 % change on previous year | -70.0% |
| 2008 | 10.98 % change on previous year | +579.4% |
| 2009 | -26.87 % change on previous year | -344.6% |
| 2010 | -7.88 % change on previous year | -70.7% |
| 2011 | 8.15 % change on previous year | -203.3% |
| 2012 | 5.71 % change on previous year | -30.0% |
| 2013 | 1.54 % change on previous year | -72.9% |
| 2014 | 7.39 % change on previous year | +378.6% |
| 2015 | 6.79 % change on previous year | -8.1% |
| 2016 | 15 % change on previous year | +120.9% |
| 2017 | 8.66 % change on previous year | -42.3% |
| 2018 | 5.11 % change on previous year | -41.1% |
| 2019 | -4.32 % change on previous year | -184.6% |
| 2020 | -0.8869 % change on previous year | -79.5% |
| 2021 | 3.41 % change on previous year | -484.8% |
| 2022 | -5.62 % change on previous year | -264.6% |
| 2023 | 4.62 % change on previous year | -182.1% |
| 2024 | -10.61 % change on previous year | -329.9% |
Tonga compared with similar countries
- Tonga's -10.61 % change on previous year is below the median for upper middle income countries, which is 4.16 % change on previous year. (54 countries reporting)
- Tonga's -10.61 % change on previous year is below the median for East Asia & Pacific, which is 3.54 % change on previous year. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 4.21 % change on previous year | -7.08 % change on previous year | 21.16 % change on previous year | 8 |
| 1990s | 1.44 % change on previous year | -15.73 % change on previous year | 12.33 % change on previous year | 10 |
| 2000s | 2 % change on previous year | -26.87 % change on previous year | 17.07 % change on previous year | 10 |
| 2010s | 4.62 % change on previous year | -7.88 % change on previous year | 15 % change on previous year | 10 |
| 2020s | -1.82 % change on previous year | -10.61 % change on previous year | 4.62 % change on previous year | 5 |
Countries ranked near Tonga
- 181 Greenland -9.21 % change on previous year compare
- 182 Cuba -9.69 % change on previous year compare
- 183 Isle of Man -10 % change on previous year compare
- 185 Libya -12.16 % change on previous year compare
- 186 Oman -18.71 % change on previous year compare
- 187 Sao Tome and Principe -31.52 % change on previous year 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 taxes less subsidies on products (constant lcu), annual growth rate in Tonga?
- Taxes less subsidies on products (constant lcu), annual growth rate in Tonga was -10.61 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (constant lcu), annual growth rate recorded in Tonga?
- The highest recorded value was 21.16 % change on previous year in 1985.
- What is the lowest taxes less subsidies on products (constant lcu), annual growth rate recorded in Tonga?
- The lowest recorded value was -26.87 % change on previous year in 2009.
- How does Tonga rank for taxes less subsidies on products (constant lcu), annual growth rate?
- Tonga ranks 184th out of 188 countries with data for 2024.
- Is taxes less subsidies on products (constant lcu), annual growth rate rising or falling in Tonga?
- Over the last ten years it is down 243.5%. The long-run trend across the full record is volatile.
- Where does this Tonga data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Taxes less subsidies on products (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Taxes less subsidies on products (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.