Taxes less subsidies on products (current US$), per unit of GDP in Tonga
Tonga: Taxes less subsidies on products (current US$), per unit of GDP was 0.1422 current US$ per US$ of GDP in 2024. ▬ Flat
Taxes less subsidies on products (current US$), per unit of GDP in Tonga, 1980–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
Tonga recorded 0.1422 current US$ per US$ of GDP for taxes less subsidies on products (current us$), per unit of gdp in 2024.
That represents a change of down 12.1% on the previous year and up 5.5% over ten years.
Over the whole period, taxes less subsidies on products (current us$), per unit of gdp in Tonga peaked at 0.1693 current US$ per US$ of GDP in 2008 and was at its lowest, 0.1175 current US$ per US$ of GDP, in 1999.
Tonga ranks 27th of 197 countries on this measure, in the top quarter.
Taxes less subsidies on products (current US$), per unit of GDP in Tonga, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1980 | 0.1323 current US$ per US$ of GDP | — |
| 1981 | 0.1342 current US$ per US$ of GDP | +1.4% |
| 1982 | 0.1417 current US$ per US$ of GDP | +5.7% |
| 1983 | 0.1433 current US$ per US$ of GDP | +1.1% |
| 1984 | 0.1379 current US$ per US$ of GDP | -3.8% |
| 1985 | 0.1567 current US$ per US$ of GDP | +13.7% |
| 1986 | 0.1546 current US$ per US$ of GDP | -1.4% |
| 1987 | 0.1573 current US$ per US$ of GDP | +1.7% |
| 1988 | 0.1663 current US$ per US$ of GDP | +5.7% |
| 1989 | 0.1552 current US$ per US$ of GDP | -6.7% |
| 1990 | 0.1596 current US$ per US$ of GDP | +2.8% |
| 1991 | 0.1681 current US$ per US$ of GDP | +5.3% |
| 1992 | 0.1408 current US$ per US$ of GDP | -16.2% |
| 1993 | 0.164 current US$ per US$ of GDP | +16.5% |
| 1994 | 0.1331 current US$ per US$ of GDP | -18.9% |
| 1995 | 0.1337 current US$ per US$ of GDP | +0.5% |
| 1996 | 0.1316 current US$ per US$ of GDP | -1.5% |
| 1997 | 0.1371 current US$ per US$ of GDP | +4.1% |
| 1998 | 0.1263 current US$ per US$ of GDP | -7.8% |
| 1999 | 0.1175 current US$ per US$ of GDP | -7.0% |
| 2000 | 0.1238 current US$ per US$ of GDP | +5.4% |
| 2001 | 0.1248 current US$ per US$ of GDP | +0.8% |
| 2002 | 0.1399 current US$ per US$ of GDP | +12.1% |
| 2003 | 0.1485 current US$ per US$ of GDP | +6.1% |
| 2004 | 0.1352 current US$ per US$ of GDP | -8.9% |
| 2005 | 0.1426 current US$ per US$ of GDP | +5.4% |
| 2006 | 0.1536 current US$ per US$ of GDP | +7.7% |
| 2007 | 0.16 current US$ per US$ of GDP | +4.2% |
| 2008 | 0.1693 current US$ per US$ of GDP | +5.8% |
| 2009 | 0.1305 current US$ per US$ of GDP | -22.9% |
| 2010 | 0.1193 current US$ per US$ of GDP | -8.6% |
| 2011 | 0.1209 current US$ per US$ of GDP | +1.4% |
| 2012 | 0.1266 current US$ per US$ of GDP | +4.7% |
| 2013 | 0.128 current US$ per US$ of GDP | +1.1% |
| 2014 | 0.1348 current US$ per US$ of GDP | +5.3% |
| 2015 | 0.1424 current US$ per US$ of GDP | +5.6% |
| 2016 | 0.1536 current US$ per US$ of GDP | +7.9% |
| 2017 | 0.1618 current US$ per US$ of GDP | +5.3% |
| 2018 | 0.1691 current US$ per US$ of GDP | +4.6% |
| 2019 | 0.1623 current US$ per US$ of GDP | -4.0% |
| 2020 | 0.158 current US$ per US$ of GDP | -2.6% |
| 2021 | 0.1649 current US$ per US$ of GDP | +4.4% |
| 2022 | 0.159 current US$ per US$ of GDP | -3.6% |
| 2023 | 0.1619 current US$ per US$ of GDP | +1.8% |
| 2024 | 0.1422 current US$ per US$ of GDP | -12.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.1479 current US$ per US$ of GDP | 0.1323 current US$ per US$ of GDP | 0.1663 current US$ per US$ of GDP | 10 |
| 1990s | 0.1412 current US$ per US$ of GDP | 0.1175 current US$ per US$ of GDP | 0.1681 current US$ per US$ of GDP | 10 |
| 2000s | 0.1428 current US$ per US$ of GDP | 0.1238 current US$ per US$ of GDP | 0.1693 current US$ per US$ of GDP | 10 |
| 2010s | 0.1419 current US$ per US$ of GDP | 0.1193 current US$ per US$ of GDP | 0.1691 current US$ per US$ of GDP | 10 |
| 2020s | 0.1572 current US$ per US$ of GDP | 0.1422 current US$ per US$ of GDP | 0.1649 current US$ per US$ of GDP | 5 |
Countries ranked near Tonga
- 24 Kyrgyzstan 0.1436 current US$ per US$ of GDP compare
- 25 Hungary 0.1431 current US$ per US$ of GDP compare
- 26 Republic of Moldova 0.1425 current US$ per US$ of GDP compare
- 28 Brazil 0.1403 current US$ per US$ of GDP compare
- 29 Saint Lucia 0.1384 current US$ per US$ of GDP compare
- 30 Mauritius 0.1383 current US$ 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)
- Gross capital formation (current US$), annual growth rate 11.47 % change on previous year (2024)
- Gross capital formation (current US$), per unit of GDP 0.2639 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), per capita 1,640 current US$ per person (2024)
- Gross capital formation (current LCU), annual growth rate 12.06 % change on previous year (2024)
- Gross capital formation (current LCU), per unit of GDP 0.6265 current LCU per US$ of GDP (2024)
- Gross capital formation (current LCU), per capita 3,894 current LCU per person (2024)
- Gross capital formation (constant 2015 US$), annual growth rate 11.14 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2326 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is taxes less subsidies on products (current us$), per unit of gdp in Tonga?
- Taxes less subsidies on products (current us$), per unit of gdp in Tonga was 0.1422 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current us$), per unit of gdp recorded in Tonga?
- The highest recorded value was 0.1693 current US$ per US$ of GDP in 2008.
- What is the lowest taxes less subsidies on products (current us$), per unit of gdp recorded in Tonga?
- The lowest recorded value was 0.1175 current US$ per US$ of GDP in 1999.
- How does Tonga rank for taxes less subsidies on products (current us$), per unit of gdp?
- Tonga ranks 27th out of 197 countries with data for 2024.
- Is taxes less subsidies on products (current us$), per unit of gdp rising or falling in Tonga?
- Over the last ten years it is up 5.5%. The long-run trend across the full record is flat.
- Where does this Tonga data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes less subsidies on products (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (current US$) ÷ GDP (current US$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes less subsidies on products (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.