Terms of trade adjustment (constant LCU), annual growth rate in Tonga

Tonga: Terms of trade adjustment (constant LCU), annual growth rate was 49.04 % change on previous year in 2024. ◆ Volatile

Latest (2024)
49.04 % change on previous year
Change on year
up 379.3%
World rank
50th
of 178 countries
All-time high
126.58 % change on previous year
in 2021
All-time low
-481.7 % change on previous year
in 2020
Years of data
26
1995–2024

Terms of trade adjustment (constant LCU), annual growth rate in Tonga, 1995–2024

-400-20002001995200920241995: -126.7 % change on previous year1996: -33.4 % change on previous year1997: 39.2 % change on previous year1998: -30.4 % change on previous year1999: 38.1 % change on previous year2000: -1.7 % change on previous year2001: -34.6 % change on previous year2002: 63.4 % change on previous year2003: 43.6 % change on previous year2004: -322.1 % change on previous year2005: -23.4 % change on previous year2006: 3.1 % change on previous year2007: -54.9 % change on previous year2008: 96.6 % change on previous year2010: 16.3 % change on previous year2011: 98.5 % change on previous year2013: 35.8 % change on previous year2014: -234.6 % change on previous year2015: -1.9 % change on previous year2016: 123.1 % change on previous year2017: -100 % change on previous year2019: 119 % change on previous year2020: -481.7 % change on previous year2021: 126.6 % change on previous year2022: -17.6 % change on previous year2024: 49 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Tonga recorded 49.04 % change on previous year for terms of trade adjustment (constant lcu), annual growth rate in 2024.

That represents a change of up 379.3% on the previous year and up 120.9% over ten years.

Over the whole period, terms of trade adjustment (constant lcu), annual growth rate in Tonga peaked at 126.58 % change on previous year in 2021 and was at its lowest, -481.7 % change on previous year, in 2020.

That places Tonga 50th out of 178 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Terms of trade adjustment (constant LCU), annual growth rate in Tonga, year by year

Annual values for Terms of trade adjustment (constant LCU), annual growth rate in Tonga, 1995 to 2024.
Year % change on previous year Change
1995 -126.68 % change on previous year
1996 -33.35 % change on previous year -73.7%
1997 39.23 % change on previous year -217.6%
1998 -30.36 % change on previous year -177.4%
1999 38.12 % change on previous year -225.6%
2000 -1.67 % change on previous year -104.4%
2001 -34.61 % change on previous year +1974.8%
2002 63.43 % change on previous year -283.3%
2003 43.59 % change on previous year -31.3%
2004 -322.05 % change on previous year -838.8%
2005 -23.45 % change on previous year -92.7%
2006 3.06 % change on previous year -113.0%
2007 -54.94 % change on previous year -1897.2%
2008 96.59 % change on previous year -275.8%
2010 16.28 % change on previous year -83.1%
2011 98.51 % change on previous year +504.9%
2013 35.76 % change on previous year -63.7%
2014 -234.61 % change on previous year -756.0%
2015 -1.86 % change on previous year -99.2%
2016 123.11 % change on previous year -6701.4%
2017 -100 % change on previous year -181.2%
2019 118.96 % change on previous year -219.0%
2020 -481.7 % change on previous year -504.9%
2021 126.58 % change on previous year -126.3%
2022 -17.56 % change on previous year -113.9%
2024 49.04 % change on previous year -379.3%

Tonga compared with similar countries

  • Tonga's 49.04 % change on previous year is above the median for upper middle income countries, which is 4.12 % change on previous year, 11.9× the median. (48 countries reporting)
  • Tonga's 49.04 % change on previous year is above the median for East Asia & Pacific, which is 12.8 % change on previous year, 3.8× the median. (28 countries reporting)

Biggest year-on-year movements

Years where Terms of trade adjustment (constant LCU), 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.

YearChange FromTo
2016 +6701.4% -1.86 % change on previous year 123.11 % change on previous year
2001 -1974.8% -1.67 % change on previous year -34.61 % change on previous year
2007 -1897.2% 3.06 % change on previous year -54.94 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1990s -22.61 % change on previous year -126.68 % change on previous year 39.23 % change on previous year 5
2000s -25.56 % change on previous year -322.05 % change on previous year 96.59 % change on previous year 9
2010s 7.02 % change on previous year -234.61 % change on previous year 123.11 % change on previous year 8
2020s -80.91 % change on previous year -481.7 % change on previous year 126.58 % change on previous year 4

Countries ranked near Tonga

  1. 47 Uzbekistan 57.45 % change on previous year compare
  2. 48 Germany 53.5 % change on previous year compare
  3. 49 India 49.6 % change on previous year compare
  4. 51 Chad 48.17 % change on previous year compare
  5. 52 South Africa 46.05 % change on previous year compare
  6. 53 Panama 45.87 % change on previous year compare

See the full ranking of 178 places →

More economy & growth data for Tonga

All data for Tonga →

Frequently asked questions

What is terms of trade adjustment (constant lcu), annual growth rate in Tonga?
Terms of trade adjustment (constant lcu), annual growth rate in Tonga was 49.04 % change on previous year in 2024, according to Statizoid (derived).
What is the highest terms of trade adjustment (constant lcu), annual growth rate recorded in Tonga?
The highest recorded value was 126.58 % change on previous year in 2021.
What is the lowest terms of trade adjustment (constant lcu), annual growth rate recorded in Tonga?
The lowest recorded value was -481.7 % change on previous year in 2020.
How does Tonga rank for terms of trade adjustment (constant lcu), annual growth rate?
Tonga ranks 50th out of 178 countries with data for 2024.
Is terms of trade adjustment (constant lcu), annual growth rate rising or falling in Tonga?
Over the last ten years it is up 120.9%. 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 Terms of trade adjustment (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.

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Terms of trade adjustment (constant LCU), annual growth rate in Tonga. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://economy.statizoid.com/stat/terms-of-trade-adjustment-constant-lcu-annual-growth-rate/tonga/

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How this figure is calculated

The year-on-year percentage change in Terms of trade adjustment (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Terms of trade adjustment (constant LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
178 places, 7,062 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Terms of trade adjustment (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.