Debt service on external debt, public and publicly guaranteed (PPG) in Tonga
Tonga: Debt service on external debt, public and publicly guaranteed (PPG) was 159.36 % change on previous year in 2024. ◆ Volatile
Debt service on external debt, public and publicly guaranteed (PPG) in Tonga, 1986–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Tonga recorded 159.36 % change on previous year for debt service on external debt, public and publicly guaranteed (ppg) in 2024. That is the highest value across all 39 years on record.
That represents a change of up 192.1% on the previous year and up 24,366.5% over ten years.
Over the whole period, debt service on external debt, public and publicly guaranteed (ppg) in Tonga peaked at 159.36 % change on previous year in 2024 and was at its lowest, -42.44 % change on previous year, in 2019.
Tonga ranks 2nd of 122 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service on external debt, public and publicly guaranteed (PPG) in Tonga, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1986 | 17.91 % change on previous year | — |
| 1987 | 23.17 % change on previous year | +29.4% |
| 1988 | 9.44 % change on previous year | -59.2% |
| 1989 | 0.1616 % change on previous year | -98.3% |
| 1990 | 22.71 % change on previous year | +13953.7% |
| 1991 | 7.3 % change on previous year | -67.9% |
| 1992 | -4.05 % change on previous year | -155.5% |
| 1993 | 7.48 % change on previous year | -284.7% |
| 1994 | 59.4 % change on previous year | +693.8% |
| 1995 | 17.74 % change on previous year | -70.1% |
| 1996 | 7.05 % change on previous year | -60.3% |
| 1997 | 20.75 % change on previous year | +194.4% |
| 1998 | -10.44 % change on previous year | -150.3% |
| 1999 | 14.06 % change on previous year | -234.6% |
| 2000 | 9.66 % change on previous year | -31.3% |
| 2001 | -41.79 % change on previous year | -532.7% |
| 2002 | 28.48 % change on previous year | -168.1% |
| 2003 | 5.47 % change on previous year | -80.8% |
| 2004 | 17.7 % change on previous year | +223.5% |
| 2005 | 15.71 % change on previous year | -11.2% |
| 2006 | -18.02 % change on previous year | -214.7% |
| 2007 | 16.83 % change on previous year | -193.4% |
| 2008 | 16.35 % change on previous year | -2.9% |
| 2009 | -29.56 % change on previous year | -280.8% |
| 2010 | 30.53 % change on previous year | -203.3% |
| 2011 | 19.68 % change on previous year | -35.5% |
| 2012 | 6.33 % change on previous year | -67.8% |
| 2013 | 3.23 % change on previous year | -48.9% |
| 2014 | -0.6567 % change on previous year | -120.3% |
| 2015 | -1.68 % change on previous year | +155.7% |
| 2016 | -3.88 % change on previous year | +130.8% |
| 2017 | -9.82 % change on previous year | +153.4% |
| 2018 | 70.54 % change on previous year | -818.1% |
| 2019 | -42.44 % change on previous year | -160.2% |
| 2020 | 9.53 % change on previous year | -122.4% |
| 2021 | -20.13 % change on previous year | -311.3% |
| 2022 | 123.88 % change on previous year | -715.3% |
| 2023 | 54.55 % change on previous year | -56.0% |
| 2024 | 159.36 % change on previous year | +192.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 12.67 % change on previous year | 0.1616 % change on previous year | 23.17 % change on previous year | 4 |
| 1990s | 14.2 % change on previous year | -10.44 % change on previous year | 59.4 % change on previous year | 10 |
| 2000s | 2.08 % change on previous year | -41.79 % change on previous year | 28.48 % change on previous year | 10 |
| 2010s | 7.19 % change on previous year | -42.44 % change on previous year | 70.54 % change on previous year | 10 |
| 2020s | 65.44 % change on previous year | -20.13 % change on previous year | 159.36 % change on previous year | 5 |
Countries ranked near Tonga
More external debt data for Tonga
- IFC, private nonguaranteed 0 NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 0 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 0 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 6.2% (2024)
- Net financial flows, IDA -97,000 NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita -0.9311 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP -0.0001 NFL, current US$ per US$ of GDP (2024)
- Public and publicly guaranteed debt service 24.6% (2024)
- Net financial flows, IDA (NFL, current US$), per square kilometre 538.89 NFL, current US$ per square kilometre (2023)
Frequently asked questions
- What is debt service on external debt, public and publicly guaranteed (ppg) in Tonga?
- Debt service on external debt, public and publicly guaranteed (ppg) in Tonga was 159.36 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest debt service on external debt, public and publicly guaranteed (ppg) recorded in Tonga?
- The highest recorded value was 159.36 % change on previous year in 2024.
- What is the lowest debt service on external debt, public and publicly guaranteed (ppg) recorded in Tonga?
- The lowest recorded value was -42.44 % change on previous year in 2019.
- How does Tonga rank for debt service on external debt, public and publicly guaranteed (ppg)?
- Tonga ranks 2nd out of 122 countries with data for 2024.
- Is debt service on external debt, public and publicly guaranteed (ppg) rising or falling in Tonga?
- Over the last ten years it is up 24,366.5%. The long-run trend across the full record is volatile.
- Where does this Tonga data come from?
- The figures come from Statizoid (derived), published as part of Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 39 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Debt service on external debt, public and publicly guaranteed (PPG) International Debt Statistics, World Bank (WB)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.