Liquid liabilities to GDP in Tonga
Tonga: Liquid liabilities to GDP was 62.7% in 2020. ▲ Rising
Liquid liabilities to GDP in Tonga, 1989–2020
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Tonga recorded 62.7% for liquid liabilities to gdp in 2020. That is the highest value across all 32 years on record.
The figure is up 21.1% on the previous year and up 42.6% over ten years.
Over the whole period, liquid liabilities to gdp in Tonga peaked at 62.7% in 2020 and was at its lowest, 26.5%, in 1994.
Tonga ranks 98th of 186 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 32 years of available data.
Liquid liabilities to GDP in Tonga, year by year
| Year | % | Change |
|---|---|---|
| 1989 | 30.5% | — |
| 1990 | 33.5% | +9.8% |
| 1991 | 32.2% | -3.8% |
| 1992 | 28.5% | -11.6% |
| 1993 | 34.2% | +20.2% |
| 1994 | 26.5% | -22.6% |
| 1995 | 27.0% | +1.8% |
| 1996 | 27.4% | +1.8% |
| 1997 | 29.6% | +7.8% |
| 1998 | 32.3% | +9.2% |
| 1999 | 32.8% | +1.5% |
| 2000 | 36.5% | +11.4% |
| 2001 | 39.6% | +8.4% |
| 2002 | 38.2% | -3.6% |
| 2003 | 39.2% | +2.7% |
| 2004 | 42.0% | +7.2% |
| 2005 | 47.7% | +13.6% |
| 2006 | 43.4% | -8.9% |
| 2007 | 48.4% | +11.4% |
| 2008 | 44.5% | -8.0% |
| 2009 | 44.9% | +0.8% |
| 2010 | 43.9% | -2.1% |
| 2011 | 40.3% | -8.3% |
| 2012 | 43.2% | +7.3% |
| 2013 | 45.5% | +5.3% |
| 2014 | 48.6% | +6.7% |
| 2015 | 53.0% | +9.1% |
| 2016 | 54.9% | +3.6% |
| 2017 | 55.1% | +0.3% |
| 2018 | 56.4% | +2.4% |
| 2019 | 51.7% | -8.3% |
| 2020 | 62.7% | +21.1% |
Tonga compared with similar countries
- Tonga's 62.7% is below the median for upper middle income countries, which is 63.0%, 99% of the median. (55 countries reporting)
- Tonga's 62.7% is below the median for East Asia & Pacific, which is 89.6%, 70% of the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 30.5% | 30.5% | 30.5% | 1 |
| 1990s | 30.4% | 26.5% | 34.2% | 10 |
| 2000s | 42.4% | 36.5% | 48.4% | 10 |
| 2010s | 49.3% | 40.3% | 56.4% | 10 |
| 2020s | 62.7% | 62.7% | 62.7% | 1 |
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 liquid liabilities to gdp in Tonga?
- Liquid liabilities to gdp in Tonga was 62.7% in 2020, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest liquid liabilities to gdp recorded in Tonga?
- The highest recorded value was 62.7% in 2020.
- What is the lowest liquid liabilities to gdp recorded in Tonga?
- The lowest recorded value was 26.5% in 1994.
- How does Tonga rank for liquid liabilities to gdp?
- Tonga ranks 98th out of 186 countries with data for 2020.
- Is liquid liabilities to gdp rising or falling in Tonga?
- Over the last ten years it is up 42.6%. The long-run trend across the full record is rising.
- Where does this Tonga data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Liquid liabilities to GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 32 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Ratio of liquid liabilities to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is liquid liabilities, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF's International Financial Statistics. Liquid liabilities (IFS lines 55L or, if not available, line 35L); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF) For Eurocurrency area countries liquid liabilities are estimated by summing IFS items 34A, 34B and 35.