Debt service (PPG and IMF only, % of exports of goods, services and) in Tonga
Tonga: Debt service (PPG and IMF only, % of exports of goods, services and) was 25.2% in 2024. ◆ Volatile
Debt service (PPG and IMF only, % of exports of goods, services and) in Tonga, 2001–2024
Source: International Debt Statistics, World Bank (WB).
Analysis
The most recent figure for debt service (ppg and imf only, % of exports of goods, services and) in Tonga is 25.2%, measured in 2024. That is the highest value across all 24 years on record.
Compared with earlier readings it is up 104.5% on the previous year and up 274.3% over ten years.
Over the whole period, debt service (ppg and imf only, % of exports of goods, services and) in Tonga peaked at 25.2% in 2024 and was at its lowest, 3.7%, in 2019.
Tonga ranks 7th of 118 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 (PPG and IMF only, % of exports of goods, services and) in Tonga, year by year
| Year | Value | Change |
|---|---|---|
| 2001 | 9.8% | — |
| 2002 | 8.9% | -9.2% |
| 2003 | 8.2% | -7.3% |
| 2004 | 8.6% | +4.8% |
| 2005 | 9.8% | +13.1% |
| 2006 | 8.6% | -12.1% |
| 2007 | 10.6% | +23.9% |
| 2008 | 8.7% | -17.7% |
| 2009 | 7.2% | -18.1% |
| 2010 | 9.3% | +30.1% |
| 2011 | 6.5% | -29.7% |
| 2012 | 6.2% | -6.0% |
| 2013 | 5.7% | -7.9% |
| 2014 | 6.7% | +18.8% |
| 2015 | 7.4% | +9.9% |
| 2016 | 5.3% | -28.6% |
| 2017 | 4.1% | -22.3% |
| 2018 | 6.7% | +63.9% |
| 2019 | 3.7% | -45.0% |
| 2020 | 4.1% | +11.6% |
| 2021 | 5.7% | +36.8% |
| 2022 | 13.3% | +135.1% |
| 2023 | 12.3% | -7.3% |
| 2024 | 25.2% | +104.5% |
Tonga compared with similar countries
- Tonga's 25.2% is above the median for upper middle income countries, which is 7.8%, 3.2× the median. (50 countries reporting)
- Tonga's 25.2% is above the median for East Asia & Pacific, which is 4.9%, 5.1× the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.9% | 7.2% | 10.6% | 9 |
| 2010s | 6.2% | 3.7% | 9.3% | 10 |
| 2020s | 12.1% | 4.1% | 25.2% | 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 (ppg and imf only, % of exports of goods, services and) in Tonga?
- Debt service (ppg and imf only, % of exports of goods, services and) in Tonga was 25.2% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest debt service (ppg and imf only, % of exports of goods, services and) recorded in Tonga?
- The highest recorded value was 25.2% in 2024.
- What is the lowest debt service (ppg and imf only, % of exports of goods, services and) recorded in Tonga?
- The lowest recorded value was 3.7% in 2019.
- How does Tonga rank for debt service (ppg and imf only, % of exports of goods, services and)?
- Tonga ranks 7th out of 118 countries with data for 2024.
- Is debt service (ppg and imf only, % of exports of goods, services and) rising or falling in Tonga?
- Over the last ten years it is up 274.3%. 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 (PPG and IMF only, % of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
Download this data
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About this data
Debt service, the sum of principal repayments and interest actually paid in currency, goods, or services, is expressed as a percentage of exports of goods and services--all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, net exports of goods under merchanting, nonmonetary gold, and services. This series differs from the standard debt to exports series in that it covers only long-term public and publicly guaranteed debt and repayments (repurchases and charges) to the IMF.