Taxes less subsidies on products (current US$), annual growth rate in Tonga
Tonga: Taxes less subsidies on products (current US$), annual growth rate was -3.74 % change on previous year in 2024. ◆ Volatile
Taxes less subsidies on products (current US$), annual growth rate in Tonga, 1981–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Tonga recorded -3.74 % change on previous year for taxes less subsidies on products (current us$), annual growth rate in 2024.
The figure is down 146.2% on the previous year and down 234.5% over ten years.
Over the whole period, taxes less subsidies on products (current us$), annual growth rate in Tonga peaked at 38.02 % change on previous year in 1988 and was at its lowest, -30.09 % change on previous year, in 2009.
Tonga ranks 180th of 197 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (current US$), annual growth rate in Tonga, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1981 | 18.46 % change on previous year | — |
| 1982 | 5.37 % change on previous year | -70.9% |
| 1983 | -0.8892 % change on previous year | -116.6% |
| 1984 | 1.58 % change on previous year | -277.4% |
| 1985 | 6.28 % change on previous year | +298.4% |
| 1986 | 12.01 % change on previous year | +91.1% |
| 1987 | 21.84 % change on previous year | +81.8% |
| 1988 | 38.02 % change on previous year | +74.1% |
| 1989 | -6.94 % change on previous year | -118.2% |
| 1990 | 9.81 % change on previous year | -241.5% |
| 1991 | 22.6 % change on previous year | +130.3% |
| 1992 | -13.14 % change on previous year | -158.1% |
| 1993 | 17.7 % change on previous year | -234.7% |
| 1994 | 14.81 % change on previous year | -16.3% |
| 1995 | 7.09 % change on previous year | -52.1% |
| 1996 | 4.69 % change on previous year | -34.0% |
| 1997 | 0.7864 % change on previous year | -83.2% |
| 1998 | -17.89 % change on previous year | -2375.5% |
| 1999 | -3.25 % change on previous year | -81.8% |
| 2000 | 8.38 % change on previous year | -357.7% |
| 2001 | -10.88 % change on previous year | -229.8% |
| 2002 | 13.12 % change on previous year | -220.6% |
| 2003 | 17.41 % change on previous year | +32.6% |
| 2004 | 3.87 % change on previous year | -77.8% |
| 2005 | 19.68 % change on previous year | +408.7% |
| 2006 | 20.24 % change on previous year | +2.9% |
| 2007 | 6.43 % change on previous year | -68.3% |
| 2008 | 22.12 % change on previous year | +244.2% |
| 2009 | -30.09 % change on previous year | -236.0% |
| 2010 | 7.3 % change on previous year | -124.2% |
| 2011 | 14.41 % change on previous year | +97.5% |
| 2012 | 19.15 % change on previous year | +33.0% |
| 2013 | -3 % change on previous year | -115.7% |
| 2014 | 2.78 % change on previous year | -192.6% |
| 2015 | 4.78 % change on previous year | +72.0% |
| 2016 | 3.77 % change on previous year | -21.3% |
| 2017 | 15.09 % change on previous year | +300.5% |
| 2018 | 12.18 % change on previous year | -19.3% |
| 2019 | -1.62 % change on previous year | -113.3% |
| 2020 | -2.54 % change on previous year | +57.0% |
| 2021 | 7.01 % change on previous year | -376.0% |
| 2022 | 3.34 % change on previous year | -52.3% |
| 2023 | 8.11 % change on previous year | +142.5% |
| 2024 | -3.74 % change on previous year | -146.2% |
Tonga compared with similar countries
- Tonga's -3.74 % change on previous year is below the median for upper middle income countries, which is 7.9 % change on previous year. (55 countries reporting)
- Tonga's -3.74 % change on previous year is below the median for East Asia & Pacific, which is 2.09 % change on previous year. (28 countries reporting)
Biggest year-on-year movements
Years where Taxes less subsidies on products (current US$), annual growth rate in Tonga changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1998 | -2375.5% | 0.7864 % change on previous year | -17.89 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 10.64 % change on previous year | -6.94 % change on previous year | 38.02 % change on previous year | 9 |
| 1990s | 4.32 % change on previous year | -17.89 % change on previous year | 22.6 % change on previous year | 10 |
| 2000s | 7.03 % change on previous year | -30.09 % change on previous year | 22.12 % change on previous year | 10 |
| 2010s | 7.48 % change on previous year | -3 % change on previous year | 19.15 % change on previous year | 10 |
| 2020s | 2.44 % change on previous year | -3.74 % change on previous year | 8.11 % change on previous year | 5 |
Countries ranked near Tonga
- 177 Canada -3.47 % change on previous year compare
- 178 Bolivia -3.49 % change on previous year compare
- 179 French Polynesia -3.53 % change on previous year compare
- 181 Hong Kong -4.92 % change on previous year compare
- 182 Papua New Guinea -5.17 % change on previous year compare
- 183 Isle of Man -5.38 % change on previous year compare
More economy & growth data for Tonga
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.3875 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.2 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5.4 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0382 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 250.19 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.3665 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0279 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 182.69 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0209 units per US$ of GDP (2025)
Frequently asked questions
- What is taxes less subsidies on products (current us$), annual growth rate in Tonga?
- Taxes less subsidies on products (current us$), annual growth rate in Tonga was -3.74 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current us$), annual growth rate recorded in Tonga?
- The highest recorded value was 38.02 % change on previous year in 1988.
- What is the lowest taxes less subsidies on products (current us$), annual growth rate recorded in Tonga?
- The lowest recorded value was -30.09 % change on previous year in 2009.
- How does Tonga rank for taxes less subsidies on products (current us$), annual growth rate?
- Tonga ranks 180th out of 197 countries with data for 2024.
- Is taxes less subsidies on products (current us$), annual growth rate rising or falling in Tonga?
- Over the last ten years it is down 234.5%. 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 (current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Taxes less subsidies on products (current US$). 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 (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.