Source
Central bank

National Reserve Bank of Tonga

International Reserves

US$ 152 million (Source: World Bank; Data updated: 2013)

Gross Domestic Product - GDP

US$ 494 million (2014 estimate)

GDP (Purchasing Power Parity)

874 million of International dollars (2014 estimate)

Real GDP growth
2003 2004 2005 2006 2007 2008 2009 2010
1.8% 0% 0.2% -2.8% -1.4% 2.6% 3.3% 3.1%
2011 2012 2013 2014*        
1.9% 0.7% 1.0% 1.6%        

*Estimate

GDP per capita - current prices

US$ 4,752 (2014 estimate)

GDP per capita - PPP

$8,406 International Dollars (2014 estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2014*
0% 0% 0% 0% 0%

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 20.9% 
  • industry: 21.9% 
  • services: 57.2% (2013 estimate)
Gross domestic expenditure on R&D; (% of GDP)

N/A

 

Inflation
2011 2012 2013 2014*
4.6% 3.1% 3.2% 3.9%

*Estimate

Unemployment rate
2011 2012 2013 2014*
N/A N/A N/A N/A

*Estimate

Household saving rates

N/A

 

Public debt (General government gross debt as a % of GDP)
2010 2011 2012 2013 2014*
N/A N/A N/A N/A N/A

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2010 2011 2012 2013 2014*
-3.7% -3.6%

-0.6%

0.2% 0.7%

*Estimate   

Government bond ratings

Standard & Poor's: N/A

Moody's rating: N/A

Moody's outlook: N/A

(Foreign Currency Government Bond Ratings; Data last updated Sept 2014)

Market value of publicly traded shares
2009 2010 2011
N/A N/A N/A
Largest companies in Tonga

N/A

 
 
Source
Current account balance

US$ 21 million (2014 estimate)

Current account balance by percentage of GDP

-4.215% of GDP (2014 estimate)

Exports as percent of GDP(Exports of goods and services)

17.8% (2012)

Shares in world total merchandising export

0% (2012)

Shares in world total commercial services export

0% (2012)

Total exports

US$9.1 million (2013 estimate) 

Export commodities

squash, fish, vanilla beans, root crops

Total imports

US$123 million (2013 estimate) 

 
 
Source
Import commodities

foodstuffs, machinery and transport equipment, fuels, chemicals

Exports - major partners

South Korea 18.5%, US 17%, NZ 15.6%, Fiji 10.2%, Japan 9.5%, Samoa 8.6%, American Samoa 5.4%, Australia 5.1% (2012)

Imports - major partners

Fiji 35.7%, NZ 24.4%, US 10.5%, China 10.2% (2012)

FDI inflows
2011 2012 2013
US$28 million US$8 million US$12 million  
FDI outflows
2011 2012 2013  
US$1 million US$1 million US$1 million  
Value of cross-border M&A;, by country of purchaser
2010 2011 2012 2013
N/A N/A N/A N/A
Cross-border M&A; deals worth over $3 billion completed in 2012 (Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

Cross-border M&A; deals worth over $3 billion completed in 2012 (Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

Best countries for doing business World Bank/IFC Doing Business Project

Economies are ranked on their ease of doing business, from 1 - 189. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 57 out of 189 countries (2013)

Subcategories:

Starting a business: 42 out of 189 countries

Enforcing Contracts: 48 out of 189 countries

Registering Property: 146 out of 189 countries

Getting credit: 55 out of 189 countries

Protecting investors: 115 out of 189 countries

Trading across border: 63 out of 189 countries

Paying Taxes: 51 out of 189 countries

Dealing with Construction Permits: 35 out of 189 countries

Getting Electricity: 30 out of 189 countries

Resolving Insolvency: 118 out of 189 countries

(2013)

Global competitiveness ranking(ranking by country on a basis of 144, the first is the best)

N/A

 

 

 

Index of Economic FreedomWSJ and Heritage Foundation

Ranking: 104 Score: 58.2 (Mostly Unfree) (2014)

(100=totally free 0=totally repressed )

 
 
Source
Time zone

UTC+13

Total area

747 sq km

Capital

Nuku'alofa

Currency

pa'anga (TOP)

Government type

constitutional monarchy

Languages

English and Tongan 87%, Tongan (official) 10.7%, English (official) 1.2%, other 1.1%, uspecified 0.03% (2006 est.)

Religions

Protestant 64.9% (includes Free Wesleyan Church 37.3%, Free Church of Tonga 11.4%, Church of Tonga 7.2%, Tokaikolo Christian Church 2.6%, Assembly of God 2.3% Seventh Day Adventist 2.2%, Constitutional Church of Tonga .9%, Anglican .8% and Full Gospel Church .2%), Mormon 16.8%, Roman Catholic 15.6%, other 1.1%, none 0.03%, unspecified 1.7% (2006 est.)

Total population
1990 2000 2010 2014* 2019**
0.095 million 0.099 million 0.103 million 0.104 million 0.105 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2011
17.6% 21% 23% 24%
Population median age

 22 years (est. 2014)

Population growth rate

0.09% (2014 est.)

Life expectancy

75.82 years (2014 estimate)

Adult literacy

99% (2006 estimate)

% of population living on less than $2 a day

N/A

Inequality of wealth distribution (Gini index)

N/A

(Data were released in 2011, 0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:3
Civil Liberties:3 (2011)

(1 represents the most free, 7 the least free)

Source
Total telephone subscribers as % of population

81.34% (2011)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population

25% (Data were released in 2012 and refer to 2011)

Cost of living - Mercer index(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

N/A

Source
CO2 emissions(Metric tons of CO2 per capita)

1.7002 (Data were released in 2012 and refer to 2009)

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