Multilateral debt service in Tonga
Tonga: Multilateral debt service was 5.97 million TDS, current US$ in 2024. ◆ Volatile
Multilateral debt service in Tonga, 1985–2024
Source: International Debt Statistics, World Bank (WB). Measured in TDS, current US$.
Analysis
The most recent figure for multilateral debt service in Tonga is 5.97 million TDS, current US$, measured in 2024. That is the highest value across all 40 years on record.
That represents a change of up 86.5% on the previous year and up 68.7% over ten years.
Over the whole period, multilateral debt service in Tonga peaked at 5.97 million TDS, current US$ in 2024 and was at its lowest, 288,599 TDS, current US$, in 1985.
That places Tonga 115th out of 123 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Multilateral debt service in Tonga, year by year
| Year | TDS, current US$ | Change |
|---|---|---|
| 1985 | 288,599 TDS, current US$ | — |
| 1986 | 312,380 TDS, current US$ | +8.2% |
| 1987 | 415,839 TDS, current US$ | +33.1% |
| 1988 | 450,169 TDS, current US$ | +8.3% |
| 1989 | 592,910 TDS, current US$ | +31.7% |
| 1990 | 720,320 TDS, current US$ | +21.5% |
| 1991 | 743,562 TDS, current US$ | +3.2% |
| 1992 | 687,543 TDS, current US$ | -7.5% |
| 1993 | 815,471 TDS, current US$ | +18.6% |
| 1994 | 1.11 million TDS, current US$ | +36.4% |
| 1995 | 1.29 million TDS, current US$ | +15.9% |
| 1996 | 1.50 million TDS, current US$ | +16.7% |
| 1997 | 1.39 million TDS, current US$ | -7.9% |
| 1998 | 1.42 million TDS, current US$ | +2.2% |
| 1999 | 1.57 million TDS, current US$ | +10.6% |
| 2000 | 1.56 million TDS, current US$ | -0.2% |
| 2001 | 1.63 million TDS, current US$ | +4.1% |
| 2002 | 1.45 million TDS, current US$ | -11.1% |
| 2003 | 1.92 million TDS, current US$ | +32.5% |
| 2004 | 2.26 million TDS, current US$ | +18.2% |
| 2005 | 3.52 million TDS, current US$ | +55.5% |
| 2006 | 2.72 million TDS, current US$ | -22.9% |
| 2007 | 2.92 million TDS, current US$ | +7.6% |
| 2008 | 3.15 million TDS, current US$ | +7.6% |
| 2009 | 2.17 million TDS, current US$ | -31.1% |
| 2010 | 2.59 million TDS, current US$ | +19.3% |
| 2011 | 3.36 million TDS, current US$ | +29.9% |
| 2012 | 3.25 million TDS, current US$ | -3.4% |
| 2013 | 3.20 million TDS, current US$ | -1.5% |
| 2014 | 3.54 million TDS, current US$ | +10.6% |
| 2015 | 3.32 million TDS, current US$ | -6.1% |
| 2016 | 3.39 million TDS, current US$ | +2.0% |
| 2017 | 3.40 million TDS, current US$ | +0.4% |
| 2018 | 3.69 million TDS, current US$ | +8.4% |
| 2019 | 3.39 million TDS, current US$ | -8.2% |
| 2020 | 3.33 million TDS, current US$ | -1.7% |
| 2021 | 3.42 million TDS, current US$ | +2.7% |
| 2022 | 3.17 million TDS, current US$ | -7.2% |
| 2023 | 3.20 million TDS, current US$ | +0.8% |
| 2024 | 5.97 million TDS, current US$ | +86.5% |
Tonga compared with similar countries
- Tonga's 5.97 million TDS, current US$ is below the median for upper middle income countries, which is 460.68 million TDS, current US$, 1% of the median. (52 countries reporting)
- Tonga's 5.97 million TDS, current US$ is below the median for East Asia & Pacific, which is 148.58 million TDS, current US$, 4% of the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 411,979 TDS, current US$ | 288,599 TDS, current US$ | 592,910 TDS, current US$ | 5 |
| 1990s | 1.12 million TDS, current US$ | 687,543 TDS, current US$ | 1.57 million TDS, current US$ | 10 |
| 2000s | 2.33 million TDS, current US$ | 1.45 million TDS, current US$ | 3.52 million TDS, current US$ | 10 |
| 2010s | 3.31 million TDS, current US$ | 2.59 million TDS, current US$ | 3.69 million TDS, current US$ | 10 |
| 2020s | 3.82 million TDS, current US$ | 3.17 million TDS, current US$ | 5.97 million TDS, current US$ | 5 |
Countries ranked near Tonga
- 112 Iran 10.80 million TDS, current US$ compare
- 113 Central African Republic 8.22 million TDS, current US$ compare
- 114 Comoros 6.20 million TDS, current US$ compare
- 116 Solomon Islands 5.40 million TDS, current US$ compare
- 117 Eritrea 5.35 million TDS, current US$ compare
- 118 Vanuatu 4.72 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 multilateral debt service in Tonga?
- Multilateral debt service in Tonga was 5.97 million TDS, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest multilateral debt service recorded in Tonga?
- The highest recorded value was 5.97 million TDS, current US$ in 2024.
- What is the lowest multilateral debt service recorded in Tonga?
- The lowest recorded value was 288,599 TDS, current US$ in 1985.
- How does Tonga rank for multilateral debt service?
- Tonga ranks 115th out of 123 countries with data for 2024.
- Is multilateral debt service rising or falling in Tonga?
- Over the last ten years it is up 68.7%. 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 Multilateral debt service (TDS, current US$). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed multilateral loans include loans and credits from the World Bank, regional development banks, and other multilateral and intergovernmental agencies. Excluded are loans from funds administered by an international organization on behalf of a single donor government; these are classified as loans from governments. Debt service payments are the sum of principal repayments and interest payments actually made in the year specified. Data are in current U.S. dollars.