Labor force | 38,000 (2023 est.) |
---|---|
Industrial production growth rate | 1.23% (2021 est.) |
Industries | tourism, construction, fishing |
Population below poverty line | 20.6% (2021 est.) |
Taxes and other revenues | 21.3% (of GDP) (2020 est.) |
Fiscal year | |
Exchange rates | |
Currency | pa'anga (TOP) per US dollar - |
Exchange rates 2023 | 2.364 (2023 est.) |
Exchange rates 2022 | 2.328 (2022 est.) |
Exchange rates 2021 | 2.265 (2021 est.) |
Exchange rates 2020 | 2.3 (2020 est.) |
Exchange rates 2019 | 2.289 (2019 est.) |
Debt - external | |
Debt - external 2022 | $152.877 million (2022 est.) |
Reserves of foreign exchange and gold | |
Reserves of foreign exchange and gold 2023 | $396.53 million (2023 est.) |
Reserves of foreign exchange and gold 2022 | $375.564 million (2022 est.) |
Reserves of foreign exchange and gold 2021 | $361.812 million (2021 est.) |
Current account balance | |
Current account balance 2022 | -$28.84 million (2022 est.) |
Current account balance 2021 | -$33.414 million (2021 est.) |
Current account balance 2020 | -$36.294 million (2020 est.) |
Public debt | |
Public debt 2020 | 45.02% of GDP (2020 est.) |
Budget | |
Revenues | $215.007 million (2020 est.) |
Expenditures | $160.257 million (2020 est.) |
Budget surplus (+) or deficit (-) | |
Remittances | |
Remittances 2022 | 45.03% of GDP (2022 est.) |
Remittances 2021 | 46.95% of GDP (2021 est.) |
Remittances 2020 | 38.26% of GDP (2020 est.) |
Household income | |
Lowest 10% | 4% (2021 est.) |
Highest 10% | 22% (2021 est.) |
Imports | |
Imports 2022 | $332.743 million (2022 est.) |
Imports 2021 | $299.094 million (2021 est.) |
Imports 2020 | $314.803 million (2020 est.) |
Imports (partners) | Fiji 28%, China 23%, NZ 21%, Australia 6%, US 5% (2022) |
Comodities Imports force | refined petroleum, plastic products, poultry, sheep and goat meat, cars (2022) |
Exports | |
Imports 2022 | $332.743 million (2022 est.) |
Imports 2021 | $299.094 million (2021 est.) |
Imports 2020 | $314.803 million (2020 est.) |
Exports (partners) | US 31%, Australia 19%, NZ 12%, Hong Kong 8%, Belgium 8% (2022) |
Comodities Exports force | fish, scrap copper, processed crustaceans, vegetables, perfume plants (2022) |
Real GDP (purchasing power parity) | |
Real GDP (purchasing power parity) 2022 | $700.437 million (2022 est.) |
Real GDP (purchasing power parity) 2021 | $714.816 million (2021 est.) |
Real GDP (purchasing power parity) 2020 | $734.406 million (2020 est.) |
GDP (official exchange rate) | $500.275 million (2022 est.) |
Real GDP Per capita | |
Real GDP per capita 2022 | $6,600 (2022 est.) |
Real GDP per capita 2021 | $6,700 (2021 est.) |
Real GDP per capita 2020 | $7,000 (2020 est.) |
GDP - composition, by sector of origin | |
Agriculture | 16.3% (2021 est.) |
Industry | 15.9% (2021 est.) |
Services | 49.7% (2021 est.) |
GDP - composition, by end use | |
Household consumption | 109% (2021 est.) |
Government consumption | 30.7% (2021 est.) |
Investment in fixed capital | 23.2% (2021 est.) |
Investment in inventories | -1.3% (2021 est.) |
Exports of goods and services | 12.5% (2021 est.) |
Imports of goods and services | -60.8% (2021 est.) |
Unemployment rate | |
Unemployment rate 2023 | 2.3% (2023 est.) |
Unemployment rate 2022 | 2.35% (2022 est.) |
Unemployment rate 2021 | 2.11% (2021 est.) |
Youth unemployment rate (ages 15-24) | |
Total | 6.7% (2023 est.) |
Male | 4.4% (2023 est.) |
Female | 10.5% (2023 est.) |
Want to know more about Tonga? Check all different factbooks for Tonga below.