Current account balance (credit less debit), Net (credits less) in Tonga
Tonga: Current account balance (credit less debit), Net (credits less) was -43.52 million in 2024. ▲ Rising
Current account balance (credit less debit), Net (credits less debits) in Tonga, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for current account balance (credit less debit), net (credits less debits) in Tonga is -43.52 million, measured in 2024.
The figure is up 7.2% on the previous year and down 57.5% over ten years.
Over the whole period, current account balance (credit less debit), net (credits less debits) in Tonga peaked at -23.70 million in 2006 and was at its lowest, -93.85 million, in 2009.
That places Tonga 89th out of 198 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Current account balance (credit less debit), Net (credits less) in Tonga, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -24.33 million | — |
| 2006 | -23.70 million | -2.6% |
| 2007 | -49.24 million | +107.8% |
| 2008 | -62.71 million | +27.4% |
| 2009 | -93.85 million | +49.6% |
| 2010 | -87.44 million | -6.8% |
| 2011 | -83.87 million | -4.1% |
| 2012 | -69.82 million | -16.8% |
| 2013 | -42.80 million | -38.7% |
| 2014 | -27.63 million | -35.4% |
| 2015 | -47.80 million | +73.0% |
| 2016 | -34.71 million | -27.4% |
| 2017 | -34.96 million | +0.7% |
| 2018 | -35.78 million | +2.3% |
| 2019 | -39.35 million | +10.0% |
| 2020 | -33.59 million | -14.6% |
| 2021 | -49.57 million | +47.6% |
| 2022 | -47.06 million | -5.1% |
| 2023 | -46.90 million | -0.3% |
| 2024 | -43.52 million | -7.2% |
Tonga compared with similar countries
- Tonga's -43.52 million is above the median for upper middle income countries, which is -494.28 million, 9% of the median. (54 countries reporting)
- Tonga's -43.52 million is below the median for East Asia & Pacific, which is 65.63 million. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -50.77 million | -93.85 million | -23.70 million | 5 |
| 2010s | -50.42 million | -87.44 million | -27.63 million | 10 |
| 2020s | -44.13 million | -49.57 million | -33.59 million | 5 |
Countries ranked near Tonga
More financial sector data for Tonga
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0069 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 45.37 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0051 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 33.13 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0069 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 45.37 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is current account balance (credit less debit), net (credits less debits) in Tonga?
- Current account balance (credit less debit), net (credits less debits) in Tonga was -43.52 million in 2024, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in Tonga?
- The highest recorded value was -23.70 million in 2006.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in Tonga?
- The lowest recorded value was -93.85 million in 2009.
- How does Tonga rank for current account balance (credit less debit), net (credits less debits)?
- Tonga ranks 89th out of 198 countries with data for 2024.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in Tonga?
- Over the last ten years it is down 57.5%. The long-run trend across the full record is rising.
- Where does this Tonga data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.