External debt stocks, public and publicly guaranteed (PPG) (DOD) in Tonga
Tonga: External debt stocks, public and publicly guaranteed (PPG) (DOD) was 0.1998 DOD, current US$ per US$ of GDP in 2024. ▼ Falling
External debt stocks, public and publicly guaranteed (PPG) (DOD) in Tonga, 1985–2024
Source: Statizoid (derived). Measured in DOD, current US$ per US$ of GDP.
Analysis
The most recent figure for external debt stocks, public and publicly guaranteed (ppg) (dod) in Tonga is 0.1998 DOD, current US$ per US$ of GDP, measured in 2024. That is the lowest value across all 40 years on record.
The figure is down 22.0% on the previous year and down 52.7% over ten years.
Over the whole period, external debt stocks, public and publicly guaranteed (ppg) (dod) in Tonga peaked at 0.4372 DOD, current US$ per US$ of GDP in 2011 and was at its lowest, 0.1998 DOD, current US$ per US$ of GDP, in 2024.
That places Tonga 79th out of 122 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 40 years of available data.
External debt stocks, public and publicly guaranteed (PPG) (DOD) in Tonga, year by year
| Year | DOD, current US$ per US$ of GDP | Change |
|---|---|---|
| 1985 | 0.3967 DOD, current US$ per US$ of GDP | — |
| 1986 | 0.417 DOD, current US$ per US$ of GDP | +5.1% |
| 1987 | 0.4354 DOD, current US$ per US$ of GDP | +4.4% |
| 1988 | 0.3466 DOD, current US$ per US$ of GDP | -20.4% |
| 1989 | 0.3581 DOD, current US$ per US$ of GDP | +3.3% |
| 1990 | 0.3914 DOD, current US$ per US$ of GDP | +9.3% |
| 1991 | 0.3346 DOD, current US$ per US$ of GDP | -14.5% |
| 1992 | 0.311 DOD, current US$ per US$ of GDP | -7.0% |
| 1993 | 0.3153 DOD, current US$ per US$ of GDP | +1.4% |
| 1994 | 0.2941 DOD, current US$ per US$ of GDP | -6.7% |
| 1995 | 0.3006 DOD, current US$ per US$ of GDP | +2.2% |
| 1996 | 0.2813 DOD, current US$ per US$ of GDP | -6.4% |
| 1997 | 0.2681 DOD, current US$ per US$ of GDP | -4.7% |
| 1998 | 0.3352 DOD, current US$ per US$ of GDP | +25.0% |
| 1999 | 0.3447 DOD, current US$ per US$ of GDP | +2.8% |
| 2000 | 0.3173 DOD, current US$ per US$ of GDP | -8.0% |
| 2001 | 0.3454 DOD, current US$ per US$ of GDP | +8.9% |
| 2002 | 0.3927 DOD, current US$ per US$ of GDP | +13.7% |
| 2003 | 0.4097 DOD, current US$ per US$ of GDP | +4.3% |
| 2004 | 0.3615 DOD, current US$ per US$ of GDP | -11.8% |
| 2005 | 0.3037 DOD, current US$ per US$ of GDP | -16.0% |
| 2006 | 0.2791 DOD, current US$ per US$ of GDP | -8.1% |
| 2007 | 0.2897 DOD, current US$ per US$ of GDP | +3.8% |
| 2008 | 0.2579 DOD, current US$ per US$ of GDP | -11.0% |
| 2009 | 0.3347 DOD, current US$ per US$ of GDP | +29.8% |
| 2010 | 0.3911 DOD, current US$ per US$ of GDP | +16.9% |
| 2011 | 0.4372 DOD, current US$ per US$ of GDP | +11.8% |
| 2012 | 0.3987 DOD, current US$ per US$ of GDP | -8.8% |
| 2013 | 0.4193 DOD, current US$ per US$ of GDP | +5.2% |
| 2014 | 0.4227 DOD, current US$ per US$ of GDP | +0.8% |
| 2015 | 0.4005 DOD, current US$ per US$ of GDP | -5.2% |
| 2016 | 0.3934 DOD, current US$ per US$ of GDP | -1.8% |
| 2017 | 0.3994 DOD, current US$ per US$ of GDP | +1.5% |
| 2018 | 0.3604 DOD, current US$ per US$ of GDP | -9.8% |
| 2019 | 0.3509 DOD, current US$ per US$ of GDP | -2.6% |
| 2020 | 0.3654 DOD, current US$ per US$ of GDP | +4.1% |
| 2021 | 0.3586 DOD, current US$ per US$ of GDP | -1.8% |
| 2022 | 0.2968 DOD, current US$ per US$ of GDP | -17.2% |
| 2023 | 0.2561 DOD, current US$ per US$ of GDP | -13.7% |
| 2024 | 0.1998 DOD, current US$ per US$ of GDP | -22.0% |
Tonga compared with similar countries
- Tonga's 0.1998 DOD, current US$ per US$ of GDP is below the median for upper middle income countries, which is 0.2354 DOD, current US$ per US$ of GDP, 85% of the median. (52 countries reporting)
- Tonga's 0.1998 DOD, current US$ per US$ of GDP is above the median for East Asia & Pacific, which is 0.1898 DOD, current US$ per US$ of GDP, 1.1× the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.3908 DOD, current US$ per US$ of GDP | 0.3466 DOD, current US$ per US$ of GDP | 0.4354 DOD, current US$ per US$ of GDP | 5 |
| 1990s | 0.3177 DOD, current US$ per US$ of GDP | 0.2681 DOD, current US$ per US$ of GDP | 0.3914 DOD, current US$ per US$ of GDP | 10 |
| 2000s | 0.3292 DOD, current US$ per US$ of GDP | 0.2579 DOD, current US$ per US$ of GDP | 0.4097 DOD, current US$ per US$ of GDP | 10 |
| 2010s | 0.3973 DOD, current US$ per US$ of GDP | 0.3509 DOD, current US$ per US$ of GDP | 0.4372 DOD, current US$ per US$ of GDP | 10 |
| 2020s | 0.2953 DOD, current US$ per US$ of GDP | 0.1998 DOD, current US$ per US$ of GDP | 0.3654 DOD, current US$ per US$ of GDP | 5 |
Countries ranked near Tonga
- 76 Tajikistan 0.2077 DOD, current US$ per US$ of GDP compare
- 77 Nepal 0.2049 DOD, current US$ per US$ of GDP compare
- 78 Comoros 0.2012 DOD, current US$ per US$ of GDP compare
- 80 Nigeria 0.199 DOD, current US$ per US$ of GDP compare
- 81 Burundi 0.1979 DOD, current US$ per US$ of GDP compare
- 82 Sierra Leone 0.1885 DOD, 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 external debt stocks, public and publicly guaranteed (ppg) (dod) in Tonga?
- External debt stocks, public and publicly guaranteed (ppg) (dod) in Tonga was 0.1998 DOD, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest external debt stocks, public and publicly guaranteed (ppg) (dod) recorded in Tonga?
- The highest recorded value was 0.4372 DOD, current US$ per US$ of GDP in 2011.
- What is the lowest external debt stocks, public and publicly guaranteed (ppg) (dod) recorded in Tonga?
- The lowest recorded value was 0.1998 DOD, current US$ per US$ of GDP in 2024.
- How does Tonga rank for external debt stocks, public and publicly guaranteed (ppg) (dod)?
- Tonga ranks 79th out of 122 countries with data for 2024.
- Is external debt stocks, public and publicly guaranteed (ppg) (dod) rising or falling in Tonga?
- Over the last ten years it is down 52.7%. The long-run trend across the full record is falling.
- Where does this Tonga data come from?
- The figures come from Statizoid (derived), published as part of External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$) ÷ GDP (current US$)
Computed from
- External debt stocks, public and publicly guaranteed (PPG) International Debt Statistics, World Bank (WB)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.