Debt service on external debt, public and publicly guaranteed (PPG) in Tonga
Tonga: Debt service on external debt, public and publicly guaranteed (PPG) was 42.95 million TDS, current US$ in 2024. ◆ Volatile
Debt service on external debt, public and publicly guaranteed (PPG) in Tonga, 1985–2024
Source: International Debt Statistics, World Bank (WB). Measured in TDS, current US$.
Analysis
In 2024, debt service on external debt, public and publicly guaranteed (ppg) in Tonga stood at 42.95 million TDS, current US$. That is the highest value across all 40 years on record.
The figure is up 159.4% on the previous year and up 556.8% over ten years.
Over the whole period, debt service on external debt, public and publicly guaranteed (ppg) in Tonga peaked at 42.95 million TDS, current US$ in 2024 and was at its lowest, 775,009 TDS, current US$, in 1985.
Tonga ranks 106th of 122 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.06 million TDS, current US$ | 775,009 TDS, current US$ | 1.23 million TDS, current US$ | 5 |
| 1990s | 2.74 million TDS, current US$ | 1.51 million TDS, current US$ | 4.15 million TDS, current US$ | 10 |
| 2000s | 4.13 million TDS, current US$ | 2.65 million TDS, current US$ | 5.45 million TDS, current US$ | 10 |
| 2010s | 6.37 million TDS, current US$ | 5.01 million TDS, current US$ | 9.51 million TDS, current US$ | 10 |
| 2020s | 16.20 million TDS, current US$ | 4.79 million TDS, current US$ | 42.95 million TDS, current US$ | 5 |
Countries ranked near Tonga
- 104 Gambia 48.34 million TDS, current US$ compare
- 105 Saint Kitts and Nevis 44.75 million TDS, current US$ compare
- 107 Saint Vincent and the Grenadines 41.31 million TDS, current US$ compare
- 108 Grenada 38.00 million TDS, current US$ compare
- 109 Afghanistan 35.05 million TDS, current US$ compare
More external debt data for Tonga
- IFC, private nonguaranteed 0 NFL, US$ (2024)
- Public and publicly guaranteed debt service 6.2% (2024)
- Net financial flows, IDA -97,000 NFL, current US$ (2024)
- Public and publicly guaranteed debt service 24.6% (2024)
- Multilateral debt service 13.9% (2024)
- Use of IMF credit 43.83 million DOD, current US$ (2024)
- Multilateral debt service 5.97 million TDS, current US$ (2024)
- IMF repurchases and charges 1.01 million TDS, current US$ (2024)
- PPG, official creditors -18.68 million NFL, US$ (2024)
- External debt stocks, public and publicly guaranteed (PPG) 129.35 million DOD, current US$ (2024)
Frequently asked questions
- What is debt service on external debt, public and publicly guaranteed (ppg) in Tonga?
- Debt service on external debt, public and publicly guaranteed (ppg) in Tonga was 42.95 million TDS, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest debt service on external debt, public and publicly guaranteed (ppg) recorded in Tonga?
- The highest recorded value was 42.95 million TDS, current US$ in 2024.
- What is the lowest debt service on external debt, public and publicly guaranteed (ppg) recorded in Tonga?
- The lowest recorded value was 775,009 TDS, current US$ in 1985.
- How does Tonga rank for debt service on external debt, public and publicly guaranteed (ppg)?
- Tonga ranks 106th out of 122 countries with data for 2024.
- Is debt service on external debt, public and publicly guaranteed (ppg) rising or falling in Tonga?
- Over the last ten years it is up 556.8%. 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 Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity. Data are in current U.S. dollars.