Debt service on external debt, public and publicly guaranteed … PPG in Tonga
Tonga: Debt service on external debt, public and publicly guaranteed … PPG was 42.95 million TDS, current US$ in 2024. ◆ Volatile
Debt service on external debt, public and publicly guaranteed (PPG) in Tonga, 1985–2024
Source: International Debt Statistics, World Bank (WB). Measured in TDS, current US$.
Analysis
In 2024, debt service on external debt, public and publicly guaranteed (ppg) in Tonga stood at 42.95 million TDS, current US$. That is the highest value across all 40 years on record.
The figure is up 159.4% on the previous year and up 556.8% over ten years.
Over the whole period, debt service on external debt, public and publicly guaranteed (ppg) in Tonga peaked at 42.95 million TDS, current US$ in 2024 and was at its lowest, 775,009 TDS, current US$, in 1985.
Tonga ranks 107th of 123 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service on external debt, public and publicly guaranteed … PPG in Tonga, year by year
| Year | TDS, current US$ | Change |
|---|---|---|
| 1985 | 775,009 TDS, current US$ | — |
| 1986 | 913,778 TDS, current US$ | +17.9% |
| 1987 | 1.13 million TDS, current US$ | +23.2% |
| 1988 | 1.23 million TDS, current US$ | +9.4% |
| 1989 | 1.23 million TDS, current US$ | +0.2% |
| 1990 | 1.51 million TDS, current US$ | +22.7% |
| 1991 | 1.62 million TDS, current US$ | +7.3% |
| 1992 | 1.56 million TDS, current US$ | -4.1% |
| 1993 | 1.68 million TDS, current US$ | +7.5% |
| 1994 | 2.67 million TDS, current US$ | +59.4% |
| 1995 | 3.14 million TDS, current US$ | +17.7% |
| 1996 | 3.37 million TDS, current US$ | +7.0% |
| 1997 | 4.06 million TDS, current US$ | +20.8% |
| 1998 | 3.64 million TDS, current US$ | -10.4% |
| 1999 | 4.15 million TDS, current US$ | +14.1% |
| 2000 | 4.55 million TDS, current US$ | +9.7% |
| 2001 | 2.65 million TDS, current US$ | -41.8% |
| 2002 | 3.40 million TDS, current US$ | +28.5% |
| 2003 | 3.59 million TDS, current US$ | +5.5% |
| 2004 | 4.23 million TDS, current US$ | +17.7% |
| 2005 | 4.89 million TDS, current US$ | +15.7% |
| 2006 | 4.01 million TDS, current US$ | -18.0% |
| 2007 | 4.68 million TDS, current US$ | +16.8% |
| 2008 | 5.45 million TDS, current US$ | +16.3% |
| 2009 | 3.84 million TDS, current US$ | -29.6% |
| 2010 | 5.01 million TDS, current US$ | +30.5% |
| 2011 | 6.00 million TDS, current US$ | +19.7% |
| 2012 | 6.38 million TDS, current US$ | +6.3% |
| 2013 | 6.58 million TDS, current US$ | +3.2% |
| 2014 | 6.54 million TDS, current US$ | -0.7% |
| 2015 | 6.43 million TDS, current US$ | -1.7% |
| 2016 | 6.18 million TDS, current US$ | -3.9% |
| 2017 | 5.57 million TDS, current US$ | -9.8% |
| 2018 | 9.51 million TDS, current US$ | +70.5% |
| 2019 | 5.47 million TDS, current US$ | -42.4% |
| 2020 | 5.99 million TDS, current US$ | +9.5% |
| 2021 | 4.79 million TDS, current US$ | -20.1% |
| 2022 | 10.72 million TDS, current US$ | +123.9% |
| 2023 | 16.56 million TDS, current US$ | +54.5% |
| 2024 | 42.95 million TDS, current US$ | +159.4% |
Tonga compared with similar countries
- Tonga's 42.95 million TDS, current US$ is below the median for upper middle income countries, which is 1.13 billion TDS, current US$, 4% of the median. (52 countries reporting)
- Tonga's 42.95 million TDS, current US$ is below the median for East Asia & Pacific, which is 642.17 million TDS, current US$, 7% of the median. (16 countries reporting)
Biggest year-on-year movements
Years where Debt service on external debt, public and publicly guaranteed … PPG in Tonga changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2024 | +159.4% | 16.56 million TDS, current US$ | 42.95 million TDS, current US$ |
| 2022 | +123.9% | 4.79 million TDS, current US$ | 10.72 million TDS, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.06 million TDS, current US$ | 775,009 TDS, current US$ | 1.23 million TDS, current US$ | 5 |
| 1990s | 2.74 million TDS, current US$ | 1.51 million TDS, current US$ | 4.15 million TDS, current US$ | 10 |
| 2000s | 4.13 million TDS, current US$ | 2.65 million TDS, current US$ | 5.45 million TDS, current US$ | 10 |
| 2010s | 6.37 million TDS, current US$ | 5.01 million TDS, current US$ | 9.51 million TDS, current US$ | 10 |
| 2020s | 16.20 million TDS, current US$ | 4.79 million TDS, current US$ | 42.95 million TDS, current US$ | 5 |
Countries ranked near Tonga
- 105 Gambia 48.34 million TDS, current US$ compare
- 106 Saint Kitts and Nevis 44.75 million TDS, current US$ compare
- 108 Saint Vincent and the Grenadines 41.31 million TDS, current US$ compare
- 109 Grenada 38.00 million TDS, current US$ compare
- 110 Afghanistan 35.05 million TDS, current US$ 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 42.95 million TDS, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest debt service on external debt, public and publicly guaranteed (ppg) recorded in Tonga?
- The highest recorded value was 42.95 million TDS, current US$ in 2024.
- What is the lowest debt service on external debt, public and publicly guaranteed (ppg) recorded in Tonga?
- The lowest recorded value was 775,009 TDS, current US$ in 1985.
- How does Tonga rank for debt service on external debt, public and publicly guaranteed (ppg)?
- Tonga ranks 107th out of 123 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 556.8%. The long-run trend across the full record is volatile.
- Where does this Tonga data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity. Data are in current U.S. dollars.