Debt service on external debt, public and publicly guaranteed (PPG) in Tonga
Tonga: Debt service on external debt, public and publicly guaranteed (PPG) was 0.0663 TDS, current US$ per US$ of GDP in 2024. ◆ Volatile
Debt service on external debt, public and publicly guaranteed (PPG) in Tonga, 1985–2024
Source: Statizoid (derived). Measured in TDS, current US$ per US$ of GDP.
Analysis
Tonga recorded 0.0663 TDS, current US$ per US$ of GDP for debt service on external debt, public and publicly guaranteed (ppg) in 2024. That is the highest value across all 40 years on record.
Compared with earlier readings it is up 136.8% on the previous year and up 347.3% over ten years.
Over the whole period, debt service on external debt, public and publicly guaranteed (ppg) in Tonga peaked at 0.0663 TDS, current US$ per US$ of GDP in 2024 and was at its lowest, 0.0092 TDS, current US$ per US$ of GDP, in 2021.
That places Tonga 6th out of 122 countries with data for 2024, putting it 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 | TDS, current US$ per US$ of GDP | Change |
|---|---|---|
| 1985 | 0.0129 TDS, current US$ per US$ of GDP | — |
| 1986 | 0.0134 TDS, current US$ per US$ of GDP | +3.8% |
| 1987 | 0.0138 TDS, current US$ per US$ of GDP | +2.9% |
| 1988 | 0.0115 TDS, current US$ per US$ of GDP | -16.2% |
| 1989 | 0.0116 TDS, current US$ per US$ of GDP | +0.5% |
| 1990 | 0.0133 TDS, current US$ per US$ of GDP | +14.9% |
| 1991 | 0.0123 TDS, current US$ per US$ of GDP | -7.8% |
| 1992 | 0.0114 TDS, current US$ per US$ of GDP | -7.5% |
| 1993 | 0.0121 TDS, current US$ per US$ of GDP | +6.4% |
| 1994 | 0.0136 TDS, current US$ per US$ of GDP | +12.6% |
| 1995 | 0.0151 TDS, current US$ per US$ of GDP | +10.5% |
| 1996 | 0.0152 TDS, current US$ per US$ of GDP | +0.7% |
| 1997 | 0.0189 TDS, current US$ per US$ of GDP | +24.7% |
| 1998 | 0.019 TDS, current US$ per US$ of GDP | +0.5% |
| 1999 | 0.0208 TDS, current US$ per US$ of GDP | +9.6% |
| 2000 | 0.0222 TDS, current US$ per US$ of GDP | +6.6% |
| 2001 | 0.0146 TDS, current US$ per US$ of GDP | -34.2% |
| 2002 | 0.0186 TDS, current US$ per US$ of GDP | +27.3% |
| 2003 | 0.0178 TDS, current US$ per US$ of GDP | -4.7% |
| 2004 | 0.0183 TDS, current US$ per US$ of GDP | +3.2% |
| 2005 | 0.0187 TDS, current US$ per US$ of GDP | +1.9% |
| 2006 | 0.0137 TDS, current US$ per US$ of GDP | -26.6% |
| 2007 | 0.0157 TDS, current US$ per US$ of GDP | +14.4% |
| 2008 | 0.0158 TDS, current US$ per US$ of GDP | +0.8% |
| 2009 | 0.0123 TDS, current US$ per US$ of GDP | -22.3% |
| 2010 | 0.0137 TDS, current US$ per US$ of GDP | +11.2% |
| 2011 | 0.0145 TDS, current US$ per US$ of GDP | +6.0% |
| 2012 | 0.0135 TDS, current US$ per US$ of GDP | -6.5% |
| 2013 | 0.0146 TDS, current US$ per US$ of GDP | +7.7% |
| 2014 | 0.0148 TDS, current US$ per US$ of GDP | +1.8% |
| 2015 | 0.0147 TDS, current US$ per US$ of GDP | -0.9% |
| 2016 | 0.0147 TDS, current US$ per US$ of GDP | -0.1% |
| 2017 | 0.0121 TDS, current US$ per US$ of GDP | -17.5% |
| 2018 | 0.0193 TDS, current US$ per US$ of GDP | +58.9% |
| 2019 | 0.0108 TDS, current US$ per US$ of GDP | -43.9% |
| 2020 | 0.0118 TDS, current US$ per US$ of GDP | +9.4% |
| 2021 | 0.0092 TDS, current US$ per US$ of GDP | -22.1% |
| 2022 | 0.0193 TDS, current US$ per US$ of GDP | +108.9% |
| 2023 | 0.028 TDS, current US$ per US$ of GDP | +45.5% |
| 2024 | 0.0663 TDS, current US$ per US$ of GDP | +136.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0126 TDS, current US$ per US$ of GDP | 0.0115 TDS, current US$ per US$ of GDP | 0.0138 TDS, current US$ per US$ of GDP | 5 |
| 1990s | 0.0152 TDS, current US$ per US$ of GDP | 0.0114 TDS, current US$ per US$ of GDP | 0.0208 TDS, current US$ per US$ of GDP | 10 |
| 2000s | 0.0168 TDS, current US$ per US$ of GDP | 0.0123 TDS, current US$ per US$ of GDP | 0.0222 TDS, current US$ per US$ of GDP | 10 |
| 2010s | 0.0143 TDS, current US$ per US$ of GDP | 0.0108 TDS, current US$ per US$ of GDP | 0.0193 TDS, current US$ per US$ of GDP | 10 |
| 2020s | 0.0269 TDS, current US$ per US$ of GDP | 0.0092 TDS, current US$ per US$ of GDP | 0.0663 TDS, current US$ per US$ of GDP | 5 |
Countries ranked near Tonga
- 3 Dominica 0.0759 TDS, current US$ per US$ of GDP compare
- 4 Mauritius 0.0687 TDS, current US$ per US$ of GDP compare
- 5 Congo 0.0665 TDS, current US$ per US$ of GDP compare
- 7 Tunisia 0.0663 TDS, current US$ per US$ of GDP compare
- 8 Egypt 0.0624 TDS, current US$ per US$ of GDP compare
- 9 Maldives 0.0605 TDS, current US$ per US$ of GDP compare
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 0.0663 TDS, current US$ per US$ of GDP 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 0.0663 TDS, current US$ per US$ of GDP in 2024.
- What is the lowest debt service on external debt, public and publicly guaranteed (ppg) recorded in Tonga?
- The lowest recorded value was 0.0092 TDS, current US$ per US$ of GDP in 2021.
- How does Tonga rank for debt service on external debt, public and publicly guaranteed (ppg)?
- Tonga ranks 6th 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 347.3%. 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$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) ÷ GDP (current US$)
Computed from
- Debt service on external debt, public and publicly guaranteed (PPG) International Debt Statistics, World Bank (WB)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.