Services balance (credit less debit), Net (credits less debits) (US) in Tonga
Tonga: Services balance (credit less debit), Net (credits less debits) (US) was -67.46 million in 2024. ◆ Volatile
Services balance (credit less debit), Net (credits less debits) in Tonga, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for services balance (credit less debit), net (credits less debits) in Tonga is -67.46 million, measured in 2024.
Compared with earlier readings it is up 17.3% on the previous year and down 663.1% over ten years.
Over the whole period, services balance (credit less debit), net (credits less debits) in Tonga peaked at 1.15 million in 2016 and was at its lowest, -83.66 million, in 2022.
That places Tonga 106th out of 197 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Services balance (credit less debit), Net (credits less debits) (US) in Tonga, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -15.98 million | — |
| 2006 | -1.99 million | -87.6% |
| 2007 | -22.29 million | +1023.0% |
| 2008 | -12.07 million | -45.9% |
| 2009 | -20.06 million | +66.2% |
| 2010 | -12.61 million | -37.2% |
| 2011 | -2.42 million | -80.8% |
| 2012 | -18.37 million | +658.7% |
| 2013 | -16.58 million | -9.8% |
| 2014 | -8.84 million | -46.7% |
| 2015 | -5.95 million | -32.7% |
| 2016 | 1.15 million | -119.2% |
| 2017 | -17.72 million | -1646.8% |
| 2018 | -14.39 million | -18.8% |
| 2019 | -21.35 million | +48.4% |
| 2020 | -28.65 million | +34.2% |
| 2021 | -53.98 million | +88.4% |
| 2022 | -83.66 million | +55.0% |
| 2023 | -81.59 million | -2.5% |
| 2024 | -67.46 million | -17.3% |
Tonga compared with similar countries
- Tonga's -67.46 million is below the median for upper middle income countries, which is 5.85 million. (54 countries reporting)
- Tonga's -67.46 million is above the median for East Asia & Pacific, which is -101.20 million, 67% of the median. (33 countries reporting)
Biggest year-on-year movements
Years where Services balance (credit less debit), Net (credits less debits) (US) 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 |
|---|---|---|---|
| 2017 | -1646.8% | 1.15 million | -17.72 million |
| 2007 | -1023.0% | -1.99 million | -22.29 million |
| 2012 | -658.7% | -2.42 million | -18.37 million |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -14.48 million | -22.29 million | -1.99 million | 5 |
| 2010s | -11.71 million | -21.35 million | 1.15 million | 10 |
| 2020s | -63.07 million | -83.66 million | -28.65 million | 5 |
Countries ranked near Tonga
- 103 Micronesia (country) -38.72 million compare
- 104 Sudan -38.94 million compare
- 105 Marshall Islands -63.70 million compare
- 107 Comoros -88.98 million compare
- 108 Kiribati -101.20 million compare
- 109 Kyrgyzstan -108.52 million compare
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 services balance (credit less debit), net (credits less debits) in Tonga?
- Services balance (credit less debit), net (credits less debits) in Tonga was -67.46 million in 2024, according to International Monetary Fund.
- What is the highest services balance (credit less debit), net (credits less debits) recorded in Tonga?
- The highest recorded value was 1.15 million in 2016.
- What is the lowest services balance (credit less debit), net (credits less debits) recorded in Tonga?
- The lowest recorded value was -83.66 million in 2022.
- How does Tonga rank for services balance (credit less debit), net (credits less debits)?
- Tonga ranks 106th out of 197 countries with data for 2024.
- Is services balance (credit less debit), net (credits less debits) rising or falling in Tonga?
- Over the last ten years it is down 663.1%. The long-run trend across the full record is volatile.
- Where does this Tonga data come from?
- The figures come from International Monetary Fund, published as part of Services 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.