Use of IMF credit in Tonga
Tonga: Use of IMF credit was 43.83 million DOD, current US$ in 2024. ◆ Volatile
Use of IMF credit in Tonga, 1999–2024
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
In 2024, use of imf credit in Tonga stood at 43.83 million DOD, current US$.
That represents a change of down 2.8% on the previous year and up 359.7% over ten years.
Over the whole period, use of imf credit in Tonga peaked at 45.09 million DOD, current US$ in 2023 and was at its lowest, 8.27 million DOD, current US$, in 2001.
Tonga ranks 118th of 123 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Use of IMF credit in Tonga, year by year
| Year | DOD, current US$ | Change |
|---|---|---|
| 1999 | 9.03 million DOD, current US$ | — |
| 2000 | 8.57 million DOD, current US$ | -5.1% |
| 2001 | 8.27 million DOD, current US$ | -3.5% |
| 2002 | 8.95 million DOD, current US$ | +8.2% |
| 2003 | 9.78 million DOD, current US$ | +9.3% |
| 2004 | 10.22 million DOD, current US$ | +4.5% |
| 2005 | 9.41 million DOD, current US$ | -8.0% |
| 2006 | 9.90 million DOD, current US$ | +5.3% |
| 2007 | 10.40 million DOD, current US$ | +5.0% |
| 2008 | 10.14 million DOD, current US$ | -2.5% |
| 2009 | 10.32 million DOD, current US$ | +1.8% |
| 2010 | 10.13 million DOD, current US$ | -1.8% |
| 2011 | 10.10 million DOD, current US$ | -0.3% |
| 2012 | 10.11 million DOD, current US$ | +0.1% |
| 2013 | 10.13 million DOD, current US$ | +0.2% |
| 2014 | 9.53 million DOD, current US$ | -5.9% |
| 2015 | 9.12 million DOD, current US$ | -4.4% |
| 2016 | 8.85 million DOD, current US$ | -3.0% |
| 2017 | 9.37 million DOD, current US$ | +5.9% |
| 2018 | 9.15 million DOD, current US$ | -2.3% |
| 2019 | 9.10 million DOD, current US$ | -0.6% |
| 2020 | 9.48 million DOD, current US$ | +4.2% |
| 2021 | 37.38 million DOD, current US$ | +294.4% |
| 2022 | 44.73 million DOD, current US$ | +19.7% |
| 2023 | 45.09 million DOD, current US$ | +0.8% |
| 2024 | 43.83 million DOD, current US$ | -2.8% |
Tonga compared with similar countries
- Tonga's 43.83 million DOD, current US$ is below the median for upper middle income countries, which is 1.00 billion DOD, current US$, 4% of the median. (52 countries reporting)
- Tonga's 43.83 million DOD, current US$ is below the median for East Asia & Pacific, which is 308.02 million DOD, current US$, 14% of the median. (16 countries reporting)
Biggest year-on-year movements
Years where Use of IMF credit in Tonga changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +294.4% | 9.48 million DOD, current US$ | 37.38 million DOD, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 9.03 million DOD, current US$ | 9.03 million DOD, current US$ | 9.03 million DOD, current US$ | 1 |
| 2000s | 9.59 million DOD, current US$ | 8.27 million DOD, current US$ | 10.40 million DOD, current US$ | 10 |
| 2010s | 9.56 million DOD, current US$ | 8.85 million DOD, current US$ | 10.13 million DOD, current US$ | 10 |
| 2020s | 36.10 million DOD, current US$ | 9.48 million DOD, current US$ | 45.09 million DOD, current US$ | 5 |
Countries ranked near Tonga
- 115 Solomon Islands 52.62 million DOD, current US$ compare
- 116 Vanuatu 52.07 million DOD, current US$ compare
- 117 Saint Vincent and the Grenadines 50.86 million DOD, current US$ compare
- 119 East Timor 42.08 million DOD, current US$ compare
- 120 Eritrea 39.64 million DOD, current US$ compare
- 121 Dominica 39.61 million DOD, 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 use of imf credit in Tonga?
- Use of imf credit in Tonga was 43.83 million DOD, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest use of imf credit recorded in Tonga?
- The highest recorded value was 45.09 million DOD, current US$ in 2023.
- What is the lowest use of imf credit recorded in Tonga?
- The lowest recorded value was 8.27 million DOD, current US$ in 2001.
- How does Tonga rank for use of imf credit?
- Tonga ranks 118th out of 123 countries with data for 2024.
- Is use of imf credit rising or falling in Tonga?
- Over the last ten years it is up 359.7%. 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 Use of IMF credit (DOD, current US$). Statizoid updates them automatically from the source API.
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About this data
Use of IMF Credit: Data related to the operations of the IMF are provided by the IMF Treasurer’s Department. They are converted from special drawing rights into dollars using end-of-period exchange rates for stocks and average-over-the-period exchange rates for flows. IMF trust fund operations under the Enhanced Structural Adjustment Facility, Extended Fund Facility, Poverty Reduction and Growth Facility, and Structural Adjustment Facility (Enhanced Structural Adjustment Facility in 1999) are presented together with all of the IMF’s special facilities (buffer stock, supplemental reserve, compensatory and contingency facilities, oil facilities, and other facilities). SDR allocations are also included in this category. According to the BPM6, SDR allocations are recorded as the incurrence of a debt liability of the member receiving them (because of a requirement to repay the allocation in certain circumstances, and also because interest accrues). This debt item is introduced for the first time this year with historical data starting in 1999.