Taxes less subsidies on products (current LCU), per unit of GDP in Tonga
Tonga: Taxes less subsidies on products (current LCU), per unit of GDP was 0.3377 current LCU per US$ of GDP in 2024. ▲ Rising
Taxes less subsidies on products (current LCU), per unit of GDP in Tonga, 1980–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2024, taxes less subsidies on products (current lcu), per unit of gdp in Tonga stood at 0.3377 current LCU per US$ of GDP.
Compared with earlier readings it is down 11.7% on the previous year and up 38.2% over ten years.
Over the whole period, taxes less subsidies on products (current lcu), per unit of gdp in Tonga peaked at 0.3823 current LCU per US$ of GDP in 2023 and was at its lowest, 0.1162 current LCU per US$ of GDP, in 1980.
That places Tonga 119th out of 197 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 45 years of available data.
Taxes less subsidies on products (current LCU), per unit of GDP in Tonga, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1980 | 0.1162 current LCU per US$ of GDP | — |
| 1981 | 0.1167 current LCU per US$ of GDP | +0.4% |
| 1982 | 0.1397 current LCU per US$ of GDP | +19.7% |
| 1983 | 0.159 current LCU per US$ of GDP | +13.8% |
| 1984 | 0.1571 current LCU per US$ of GDP | -1.2% |
| 1985 | 0.2244 current LCU per US$ of GDP | +42.9% |
| 1986 | 0.2313 current LCU per US$ of GDP | +3.1% |
| 1987 | 0.2247 current LCU per US$ of GDP | -2.9% |
| 1988 | 0.1946 current LCU per US$ of GDP | -13.4% |
| 1989 | 0.1953 current LCU per US$ of GDP | +0.4% |
| 1990 | 0.2068 current LCU per US$ of GDP | +5.9% |
| 1991 | 0.2179 current LCU per US$ of GDP | +5.4% |
| 1992 | 0.1897 current LCU per US$ of GDP | -13.0% |
| 1993 | 0.227 current LCU per US$ of GDP | +19.7% |
| 1994 | 0.1757 current LCU per US$ of GDP | -22.6% |
| 1995 | 0.1699 current LCU per US$ of GDP | -3.3% |
| 1996 | 0.1622 current LCU per US$ of GDP | -4.6% |
| 1997 | 0.1732 current LCU per US$ of GDP | +6.8% |
| 1998 | 0.1885 current LCU per US$ of GDP | +8.8% |
| 1999 | 0.186 current LCU per US$ of GDP | -1.3% |
| 2000 | 0.203 current LCU per US$ of GDP | +9.2% |
| 2001 | 0.2443 current LCU per US$ of GDP | +20.4% |
| 2002 | 0.305 current LCU per US$ of GDP | +24.9% |
| 2003 | 0.3259 current LCU per US$ of GDP | +6.9% |
| 2004 | 0.2766 current LCU per US$ of GDP | -15.1% |
| 2005 | 0.2763 current LCU per US$ of GDP | -0.1% |
| 2006 | 0.3085 current LCU per US$ of GDP | +11.7% |
| 2007 | 0.3204 current LCU per US$ of GDP | +3.9% |
| 2008 | 0.3219 current LCU per US$ of GDP | +0.5% |
| 2009 | 0.2722 current LCU per US$ of GDP | -15.4% |
| 2010 | 0.23 current LCU per US$ of GDP | -15.5% |
| 2011 | 0.2214 current LCU per US$ of GDP | -3.7% |
| 2012 | 0.2146 current LCU per US$ of GDP | -3.1% |
| 2013 | 0.222 current LCU per US$ of GDP | +3.5% |
| 2014 | 0.2444 current LCU per US$ of GDP | +10.1% |
| 2015 | 0.2767 current LCU per US$ of GDP | +13.2% |
| 2016 | 0.3407 current LCU per US$ of GDP | +23.1% |
| 2017 | 0.3576 current LCU per US$ of GDP | +5.0% |
| 2018 | 0.371 current LCU per US$ of GDP | +3.8% |
| 2019 | 0.3687 current LCU per US$ of GDP | -0.6% |
| 2020 | 0.365 current LCU per US$ of GDP | -1.0% |
| 2021 | 0.3757 current LCU per US$ of GDP | +2.9% |
| 2022 | 0.3613 current LCU per US$ of GDP | -3.8% |
| 2023 | 0.3823 current LCU per US$ of GDP | +5.8% |
| 2024 | 0.3377 current LCU per US$ of GDP | -11.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.1759 current LCU per US$ of GDP | 0.1162 current LCU per US$ of GDP | 0.2313 current LCU per US$ of GDP | 10 |
| 1990s | 0.1897 current LCU per US$ of GDP | 0.1622 current LCU per US$ of GDP | 0.227 current LCU per US$ of GDP | 10 |
| 2000s | 0.2854 current LCU per US$ of GDP | 0.203 current LCU per US$ of GDP | 0.3259 current LCU per US$ of GDP | 10 |
| 2010s | 0.2847 current LCU per US$ of GDP | 0.2146 current LCU per US$ of GDP | 0.371 current LCU per US$ of GDP | 10 |
| 2020s | 0.3644 current LCU per US$ of GDP | 0.3377 current LCU per US$ of GDP | 0.3823 current LCU per US$ of GDP | 5 |
Countries ranked near Tonga
- 116 Belarus 0.3541 current LCU per US$ of GDP compare
- 117 Fiji 0.3476 current LCU per US$ of GDP compare
- 118 Saint Kitts and Nevis 0.3438 current LCU per US$ of GDP compare
- 120 Georgia 0.3367 current LCU per US$ of GDP compare
- 121 Israel 0.3198 current LCU per US$ of GDP compare
- 122 Antigua and Barbuda 0.3154 current LCU per US$ of GDP 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)
- Exports of goods and services (current LCU), annual growth rate 26.2 % change on previous year (2024)
- Exports of goods and services (current LCU), per unit of GDP 0.4012 current LCU per US$ of GDP (2024)
- Exports of goods and services (current LCU), per capita 2,494 current LCU per person (2024)
- Exports of goods and services (constant 2015 US$), annual growth rate 9.02 % change on previous year (2024)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.1271 constant 2015 US$ per US$ of GDP (2024)
- Exports of goods and services (constant 2015 US$), per capita 789.98 constant 2015 US$ per person (2024)
- Gross fixed capital formation (current US$), annual growth rate 9.51 % change on previous year (2024)
- Gross fixed capital formation (current US$), per unit of GDP 0.2615 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is taxes less subsidies on products (current lcu), per unit of gdp in Tonga?
- Taxes less subsidies on products (current lcu), per unit of gdp in Tonga was 0.3377 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current lcu), per unit of gdp recorded in Tonga?
- The highest recorded value was 0.3823 current LCU per US$ of GDP in 2023.
- What is the lowest taxes less subsidies on products (current lcu), per unit of gdp recorded in Tonga?
- The lowest recorded value was 0.1162 current LCU per US$ of GDP in 1980.
- How does Tonga rank for taxes less subsidies on products (current lcu), per unit of gdp?
- Tonga ranks 119th out of 197 countries with data for 2024.
- Is taxes less subsidies on products (current lcu), per unit of gdp rising or falling in Tonga?
- Over the last ten years it is up 38.2%. The long-run trend across the full record is rising.
- Where does this Tonga data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes less subsidies on products (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (current LCU) ÷ GDP (current US$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- GDP 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
Taxes less subsidies on products (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.