Volume of remittances (in United States dollars) as a proportion of in Tonga
Tonga: Volume of remittances (in United States dollars) as a proportion of was 42.6% in 2023. ▲ Rising
Latest (2023)
42.6%
Change on year
up 10.2%
World rank
2nd
of 203 countries
All-time high
42.6%
in 2023
All-time low
19.4%
in 2012
Years of data
23
2001–2023
Volume of remittances (in United States dollars) as a proportion of in Tonga, 2001–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Tonga recorded 42.6% for volume of remittances (in united states dollars) as a proportion of in 2023. That is the highest value across all 23 years on record.
The figure is up 10.2% on the previous year and up 56.9% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Tonga peaked at 42.6% in 2023 and was at its lowest, 19.4%, in 2012.
Tonga ranks 2nd of 203 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 23 years of available data.
Volume of remittances (in United States dollars) as a proportion of in Tonga, year by year
| Year | Value | Change |
|---|---|---|
| 2001 | 29.2% | — |
| 2002 | 34.0% | +16.7% |
| 2003 | 29.0% | -14.9% |
| 2004 | 28.4% | -2.1% |
| 2005 | 26.3% | -7.2% |
| 2006 | 26.7% | +1.3% |
| 2007 | 27.4% | +2.7% |
| 2008 | 30.0% | +9.6% |
| 2009 | 26.2% | -12.7% |
| 2010 | 20.2% | -23.1% |
| 2011 | 20.4% | +0.9% |
| 2012 | 19.4% | -4.9% |
| 2013 | 27.2% | +40.2% |
| 2014 | 27.1% | -0.4% |
| 2015 | 29.5% | +9.2% |
| 2016 | 30.0% | +1.5% |
| 2017 | 34.5% | +14.9% |
| 2018 | 35.1% | +1.9% |
| 2019 | 35.9% | +2.1% |
| 2020 | 37.5% | +4.5% |
| 2021 | 41.5% | +10.7% |
| 2022 | 38.7% | -6.9% |
| 2023 | 42.6% | +10.2% |
Tonga compared with similar countries
- Tonga's 42.6% is above the median for upper middle income countries, which is 3.6%, 11.7× the median. (53 countries reporting)
- Tonga's 42.6% is above the median for East Asia & Pacific, which is 3.8%, 11.3× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 28.6% | 26.2% | 34.0% | 9 |
| 2010s | 27.9% | 19.4% | 35.9% | 10 |
| 2020s | 40.1% | 37.5% | 42.6% | 4 |
Countries ranked near Tonga
- 1 Tajikistan 47.9% compare
- 3 Lebanon 33.3% compare
- 4 Nicaragua 26.6% compare
- 5 Kyrgyzstan 26.6% 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.25 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0019 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 12.03 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -12.08 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -560.68 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0187 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita -115.95 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 9.39 % change on previous year (2025)
Frequently asked questions
- What is volume of remittances (in united states dollars) as a proportion of in Tonga?
- Volume of remittances (in united states dollars) as a proportion of in Tonga was 42.6% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest volume of remittances (in united states dollars) as a proportion of recorded in Tonga?
- The highest recorded value was 42.6% in 2023.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Tonga?
- The lowest recorded value was 19.4% in 2012.
- How does Tonga rank for volume of remittances (in united states dollars) as a proportion of?
- Tonga ranks 2nd out of 203 countries with data for 2023.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in Tonga?
- Over the last ten years it is up 56.9%. The long-run trend across the full record is rising.
- Where does this Tonga data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Volume of remittances (in United States dollars) as a proportion of total GDP (%). Statizoid updates them automatically from the source API.
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