Terms of trade adjustment in Tonga
Tonga: Terms of trade adjustment was -19.57 million constant LCU in 2024. ◆ Volatile
Terms of trade adjustment in Tonga, 1994–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
Tonga recorded -19.57 million constant LCU for terms of trade adjustment in 2024.
Compared with earlier readings it is up 49.0% on the previous year and up 53.2% over ten years.
Over the whole period, terms of trade adjustment in Tonga peaked at 9.84 million constant LCU in 2016 and was at its lowest, -56.00 million constant LCU, in 2007.
That places Tonga 105th 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 in Tonga, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1994 | -17.11 million constant LCU | — |
| 1995 | -38.78 million constant LCU | +126.7% |
| 1996 | -51.72 million constant LCU | +33.4% |
| 1997 | -31.43 million constant LCU | -39.2% |
| 1998 | -40.97 million constant LCU | +30.4% |
| 1999 | -25.35 million constant LCU | -38.1% |
| 2000 | -25.77 million constant LCU | +1.7% |
| 2001 | -34.70 million constant LCU | +34.6% |
| 2002 | -12.69 million constant LCU | -63.4% |
| 2003 | -7.16 million constant LCU | -43.6% |
| 2004 | -30.20 million constant LCU | +322.1% |
| 2005 | -37.29 million constant LCU | +23.4% |
| 2006 | -36.15 million constant LCU | -3.1% |
| 2007 | -56.00 million constant LCU | +54.9% |
| 2008 | -1.91 million constant LCU | -96.6% |
| 2009 | -43.50 million constant LCU | +2175.2% |
| 2010 | -36.42 million constant LCU | -16.3% |
| 2011 | -544,194 constant LCU | -98.5% |
| 2012 | -19.45 million constant LCU | +3474.3% |
| 2013 | -12.50 million constant LCU | -35.8% |
| 2014 | -41.81 million constant LCU | +234.6% |
| 2015 | -42.59 million constant LCU | +1.9% |
| 2016 | 9.84 million constant LCU | -123.1% |
| 2017 | 0 constant LCU | -100.0% |
| 2018 | -20.32 million constant LCU | — |
| 2019 | 3.85 million constant LCU | -119.0% |
| 2020 | -14.70 million constant LCU | -481.7% |
| 2021 | 3.91 million constant LCU | -126.6% |
| 2022 | 3.22 million constant LCU | -17.6% |
| 2023 | -38.40 million constant LCU | -1291.6% |
| 2024 | -19.57 million constant LCU | -49.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -34.23 million constant LCU | -51.72 million constant LCU | -17.11 million constant LCU | 6 |
| 2000s | -28.54 million constant LCU | -56.00 million constant LCU | -1.91 million constant LCU | 10 |
| 2010s | -15.99 million constant LCU | -42.59 million constant LCU | 9.84 million constant LCU | 10 |
| 2020s | -13.11 million constant LCU | -38.40 million constant LCU | 3.91 million constant LCU | 5 |
Countries ranked near Tonga
- 103 Turkmenistan -1.74 million constant LCU compare
- 104 Palau -7.95 million constant LCU compare
- 106 Malta -25.07 million constant LCU compare
- 107 El Salvador -37.65 million constant LCU compare
- 108 Palestine, State of -41.99 million constant LCU 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)
- GNI (current LCU), annual growth rate 5.16 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 2.55 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 16,702 current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual -5.16 % change on previous year (2025)
- Net primary income (Net income from abroad) (current LCU), annual -4.31 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate -3.74 % change on previous year (2024)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1422 current US$ per US$ of GDP (2024)
- Taxes less subsidies on products (current US$), per capita 884.14 current US$ per person (2024)
Frequently asked questions
- What is terms of trade adjustment in Tonga?
- Terms of trade adjustment in Tonga was -19.57 million constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest terms of trade adjustment recorded in Tonga?
- The highest recorded value was 9.84 million constant LCU in 2016.
- What is the lowest terms of trade adjustment recorded in Tonga?
- The lowest recorded value was -56.00 million constant LCU in 2007.
- How does Tonga rank for terms of trade adjustment?
- Tonga ranks 105th out of 178 countries with data for 2024.
- Is terms of trade adjustment rising or falling in Tonga?
- Over the last ten years it is up 53.2%. The long-run trend across the full record is volatile.
- Where does this Tonga data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Terms of trade adjustment (constant LCU). Statizoid updates them automatically from the source API.
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About this data
The terms of trade adjustment is equal to the capacity to import (current price value of exports of goods and services deflated by the import price index) less exports of goods and services in constant prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.