
Trade Finance In Wartime
The huge drop-off in trade involving Russia and Ukraine has hit trade finance hard.
Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Tonga economic outlook, debt to GDP ratio, international trade performance and population trends.
By Laurence Neville Thirty-four developing countries—including all of the so-called Fragile Five nations—will have elections this year. Their results will be felt not only by other emerging economies but by global markets. At the end of January, panic gripped emerging ...
USD 0.23 billion (2018, estimate)
USD 0.6 billion (2018, estimate)
Intl$ 0.6 billion (2018, estimate)
2014 | 2015 | 2016 | 2017* | 2018* |
2.9% | 3.5% | 4.2% | 2.5% | 1.8% |
*Estimate
USD 4,665.2.9 (2018, estimate)
(2017 estimate)
2014 | 2015 | 2016 | 2017* | 2018* |
-1.1% | 2.6% | 7.4% | 2.9% | 3.8% |
*Estimate
N/A
2014 | 2015 | 2016* | 2017* | 2018* |
-1.5% | 0.9% | 1.8% | -0.8% | -2.6% |
*Estimate
Standard & Poor's: N/A
Moody's: N/A
Standard & Poor's / Moody's (Updated January 2017)
-7.7% (2018 estimate)
21.5% (2017)
0.0001% (2018)
0.002% (2018)
Squash, fish, vanilla beans, root crops, kava
Foodstuffs, machinery and transport equipment, fuels, chemicals
Hong Kong 25.1%, NZ 22.6%, US 14.3%, Japan 12.8%, Australia 10.5% (2017)
NZ 33.3%, Fiji 11.7%, US 9.8%, Singapore 9%, Australia 8.9%, China 7.9%, Japan 5.9% (2017)
2016 | 2017 | 2018 |
USD 8.8 million | USD 13.8 million | USD 8.2 million |
2016 | 2017 | 2018 |
USD 1.2 million | USD 1.5 million | USD 0.5 million |
N/A
N/A
(for a monthly update on M&A; click here )
N/A
(for a monthly update on M&A; click here )
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: 103 out of 190 countries (2019)
Subcategories:
Starting a Business: 62 out of 190 countries
Dealing with Construction Permits: 69 out of 190 countries
Getting Electricity: 95 out of 190 countries
Registering Property: 166 out of 190 countries
Getting Credit: 48 out of 190 countries
Protecting Minority Investors: 153 out of 190 countries
Paying Taxes: 102 out of 190 countries
Trading across Borders: 97 out of 190 countries
Enforcing Contracts: 98 out of 190 countries
Resolving Insolvency: 138 out of 190 countries
Ranking: 108 / Score: 57.7 (Mostly unfree) (2019)
(100=totally free 0=totally repressed)
Tongan and English 76.8%, Tongan, English, and other language 10.6%, Tongan only (official) 8.7%, English only (official) 0.7%, other 1.7%, none 2.2% (2016 est.)
Protestant 64.1% (includes Free Wesleyan Church 35%, Free Church of Tonga 11.9%, Church of Tonga 6.8%, Assembly of God 2.3%, Seventh Day Adventist 2.2%, Tokaikolo Christian Church 1.6%, other 4.3%), Mormon 18.6%, Roman Catholic 14.2%, other 2.4%, none 0.5%
1990 | 2000 | 2010 | 2015 | 2020* |
0.1 million | 0.1 million | 0.1 million | 0.1 million | 0.1 million |
*Estimate
1960 | 1980 | 2000 | 2018 |
17.6% | 21.2% | 23.0% | 23.1% |
Total population: 99.4%
Male: 99.3%
Female: 99.4% (2015 est.)
(can read and write Tongan and/or English)
7.5% (2015 estimate)
Political Rights: 2
Civil Liberties: 2 (2019)
(1 represents the most free, 7 the least free rating)
Fixed 14.4% Mobile: 105.8% (2017)
(fixed-telephone subscribers and mobile-cellular subscribers)