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Public and publicly guaranteed debt service in Tonga

Tonga: Public and publicly guaranteed debt service was 24.6% in 2024. ◆ Volatile

Latest (2024)
24.6%
Change on year
up 112.0%
World rank
7th
of 120 countries
All-time high
24.6%
in 2024
All-time low
3.0%
in 1985
Years of data
34
1985–2024

Public and publicly guaranteed debt service in Tonga, 1985–2024

5101520251985200420241985: 3 % of exports of goods, services and primary income1986: 3.9 % of exports of goods, services and primary income1987: 3.9 % of exports of goods, services and primary income1988: 4 % of exports of goods, services and primary income1989: 3.5 % of exports of goods, services and primary income1990: 3.4 % of exports of goods, services and primary income1991: 4.4 % of exports of goods, services and primary income1992: 4.4 % of exports of goods, services and primary income1993: 5 % of exports of goods, services and primary income1994: 6.9 % of exports of goods, services and primary income2001: 9.1 % of exports of goods, services and primary income2002: 8.5 % of exports of goods, services and primary income2003: 7.9 % of exports of goods, services and primary income2004: 8.2 % of exports of goods, services and primary income2005: 9.2 % of exports of goods, services and primary income2006: 7.8 % of exports of goods, services and primary income2007: 9.9 % of exports of goods, services and primary income2008: 8.6 % of exports of goods, services and primary income2009: 7.1 % of exports of goods, services and primary income2010: 9.3 % of exports of goods, services and primary income2011: 6.5 % of exports of goods, services and primary income2012: 6.1 % of exports of goods, services and primary income2013: 5.7 % of exports of goods, services and primary income2014: 6.7 % of exports of goods, services and primary income2015: 7.4 % of exports of goods, services and primary income2016: 5.3 % of exports of goods, services and primary income2017: 4.1 % of exports of goods, services and primary income2018: 6.7 % of exports of goods, services and primary income2019: 3.6 % of exports of goods, services and primary income2020: 4.1 % of exports of goods, services and primary income2021: 5.6 % of exports of goods, services and primary income2022: 12.9 % of exports of goods, services and primary income2023: 11.6 % of exports of goods, services and primary income2024: 24.6 % of exports of goods, services and primary income

Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.

Analysis

The most recent figure for public and publicly guaranteed debt service in Tonga is 24.6%, measured in 2024. That is the highest value across all 34 years on record.

That represents a change of up 112.0% on the previous year and up 266.0% over ten years.

Over the whole period, public and publicly guaranteed debt service in Tonga peaked at 24.6% in 2024 and was at its lowest, 3.0%, in 1985.

That places Tonga 7th out of 120 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.

Public and publicly guaranteed debt service in Tonga, year by year

Year % of exports of goods, services and primary income Change
1985 3.0% —
1986 3.9% +29.0%
1987 3.9% -0.0%
1988 4.0% +2.5%
1989 3.5% -11.6%
1990 3.4% -1.7%
1991 4.4% +27.8%
1992 4.4% -0.3%
1993 5.0% +15.0%
1994 6.9% +36.5%
2001 9.1% +32.8%
2002 8.5% -7.2%
2003 7.9% -6.7%
2004 8.2% +3.7%
2005 9.2% +12.1%
2006 7.8% -15.2%
2007 9.9% +26.8%
2008 8.6% -13.0%
2009 7.1% -17.3%
2010 9.3% +30.0%
2011 6.5% -29.4%
2012 6.1% -5.9%
2013 5.7% -8.0%
2014 6.7% +18.9%
2015 7.4% +9.9%
2016 5.3% -28.6%
2017 4.1% -22.3%
2018 6.7% +64.0%
2019 3.6% -45.8%
2020 4.1% +12.8%
2021 5.6% +37.0%
2022 12.9% +128.4%
2023 11.6% -9.8%
2024 24.6% +112.0%

Tonga compared with similar countries

  • Tonga's 24.6% is above the median for upper middle income countries, which is 7.4%, 3.3× the median. (51 countries reporting)
  • Tonga's 24.6% is above the median for East Asia & Pacific, which is 4.7%, 5.2× the median. (16 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 3.6% 3.0% 4.0% 5
1990s 4.8% 3.4% 6.9% 5
2000s 8.5% 7.1% 9.9% 9
2010s 6.1% 3.6% 9.3% 10
2020s 11.8% 4.1% 24.6% 5

Countries ranked near Tonga

  1. 4 Angola 26.2% compare
  2. 5 El Salvador 25.8% compare
  3. 6 Kenya 25.4% compare
  4. 8 Dominica 22.6% compare
  5. 9 Côte d'Ivoire 19.0% compare
  6. 10 Colombia 18.9% compare

See the full ranking of 152 places →

More external debt data for Tonga

All data for Tonga →

Frequently asked questions

What is public and publicly guaranteed debt service in Tonga?
Public and publicly guaranteed debt service in Tonga was 24.6% in 2024, according to International Debt Statistics, World Bank (WB).
What is the highest public and publicly guaranteed debt service recorded in Tonga?
The highest recorded value was 24.6% in 2024.
What is the lowest public and publicly guaranteed debt service recorded in Tonga?
The lowest recorded value was 3.0% in 1985.
How does Tonga rank for public and publicly guaranteed debt service?
Tonga ranks 7th out of 120 countries with data for 2024.
Is public and publicly guaranteed debt service rising or falling in Tonga?
Over the last ten years it is up 266.0%. 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 Public and publicly guaranteed debt service (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.

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Public and publicly guaranteed debt service in Tonga. Statizoid, drawing on International Debt Statistics, World Bank (WB). Retrieved 17 September 2026, from https://debt.statizoid.com/stat/public-and-publicly-guaranteed-debt-service-percent-of-exports-of-goods-services-and/tonga/

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About this data

Indicator
Public and publicly guaranteed debt service (% of exports of goods, services and primary income)
Unit
% of exports of goods, services and primary income
Source
International Debt Statistics, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
152 places, 5,881 data points, 1970–2024
Last refreshed

Public and publicly guaranteed debt service to exports of goods, services, and income. 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. Exports of goods, services and primary income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts.