Source
Central bank

National Reserve Bank of Tonga

International Reserves

USD 0.2 billion (2015)

International Monetary Fund (IMF), data retrieved January 2017

Gross Domestic Product - GDP

USD 0.4 billion (2017, estimate)

GDP (Purchasing Power Parity)

Intl$ 0.6 billion (2017, estimate)

Real GDP growth
2006 2007 2008 2009 2010 2011 2012
-2.5% -0.6% 2.7% 3% 3.2% 1.8% -1.1%
2013 2014 2015* 2016* 2017*    
-0.6% 2.9% 3.4% 2.7% 2.4%    

*Estimate

GDP per capita - current prices

USD 4,256.9 (2017, estimate)

GDP per capita - PPP

Intl$ 5,565.7 (2017, estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2017
0% 0% 0% 0% N/A

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 19.2% 
  • industry: 20.6% 
  • services: 60.1%

(2016 estimate)

Gross domestic expenditure on R&D; (% of GDP)

N/A

 

Inflation
2013 2014 2015 2016* 2017*
1.5% 1.2% -0.1% 0.1% 1.5%

*Estimate

Unemployment rate
2013 2014 2015 2016 2017
N/A N/A N/A N/A N/A

*Estimate

Household saving rates

N/A

 

Public debt (General government gross debt as a % of GDP)
2013 2014 2015 2015 2017
N/A N/A N/A N/A N/A

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2013 2014 2015* 2016* 2017*
-0.2% 0.4% -1.1% -1.3% -0.1%

*Estimate   

Government bond ratings

Standard & Poor's: N/A

Moody's: N/A

Standard & Poor's / Moody's (Updated January 2017)

Market value of publicly traded shares
2013 2014 2015
N/A N/A N/A
Largest companies in Tonga

N/A

 
 
Source
Current account balance

USD -0.1 billion (2017 estimate)

Current account balance by percentage of GDP

-11.5% (2017 estimate)

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

17.5% (2015)

Shares in world total merchandising export

0.0% (2015)​

Shares in world total commercial services export

0.001% (2015)

Total exports

USD 35.0 million (2016 estimate)

Export commodities

Squash, fish, vanilla beans, root crops

Total imports

USD 0.3 billion (2016 estimate)

 
 
Source
Import commodities

Foodstuffs, machinery and transport equipment, fuels, chemicals

Exports - major partners

Japan 16%, US 15.4%, Fiji 12.8%, NZ 12.5%, South Korea 11%, Samoa 10.7%, Australia 7.5%, American Samoa 6.8% (2015)

Imports - major partners

Fiji 37.7%, NZ 21.2%, China 14.2%, US 6.4%, Australia 4.5% (2015)

FDI inflows
2013 2014 2015
USD 51 million USD 56 million USD 13 million
FDI outflows
2013 2014 2015
USD 7.5 million USD 11.5 million USD 5.3 million
Value of cross-border M&A;, by country of purchaser
2012 2013 2014 2015
N/A N/A N/A N/A
Cross-border M&A; deals worth over $3 billion completed in 2014 (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 2015 (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. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 85 out of 190 countries (2017)

Subcategories:

Starting a business: 55 out of 190 countries

Enforcing Contracts: 92 out of 190 countries

Registering Property: 158 out of 190 countries

Getting Credit: 44 out of 190 countries

Protecting Minority Investors: 123 out of 190 countries

Trading Across Borders: 100 out of 190 countries

Paying Taxes: 80 out of 190 countries

Dealing with Construction Permits: 14 out of 190 countries

Getting Electricity: 67 out of 190 countries

Resolving Insolvency: 132 out of 190 countries

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: 95 / Score: 59.63 (Mostly unfree) (2016)

(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 (2014 est.)

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

 

Freedom House rating

Political Rights: 2
Civil Liberties: 2 (2014)

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

Source
Total telephone subscribers as % of population

Fixed 29.4%   Mobile 54.6% (2013)
(fixed-telephone subscribers and mobile-cellular subscribers)

Internet users as % of total population

35.00% (2013)

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

CO2 emissions(Metric tons of CO2 per capita)

1.5 (2010)

World's Best Subcustodian Banks