Expense in Tonga
Tonga: Expense was 483.79 million current LCU in 2023. ▲ Rising
Expense in Tonga, 2013–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2023, expense in Tonga stood at 483.79 million current LCU.
The figure is down 4.2% on the previous year and up 123.4% over ten years.
Over the whole period, expense in Tonga peaked at 505.15 million current LCU in 2022 and was at its lowest, 216.59 million current LCU, in 2013.
Tonga ranks 151st of 157 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 11 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 288.57 million current LCU | 216.59 million current LCU | 352.23 million current LCU | 7 |
| 2020s | 445.83 million current LCU | 368.52 million current LCU | 505.15 million current LCU | 4 |
Countries ranked near Tonga
- 148 San Marino 759.13 million current LCU compare
- 149 Saint Kitts and Nevis 638.40 million current LCU compare
- 150 Saint Vincent and the Grenadines 563.61 million current LCU compare
- 152 Kiribati 367.36 million current LCU compare
- 153 Nauru 192.69 million current LCU compare
- 154 Palau 152.68 million current LCU compare
More public sector data for Tonga
- Arms imports 7.00 million SIPRI trend indicator values (2020)
- Tax revenue 20.5% (2023)
- Taxes on income, profits and capital gains 8.9% (2023)
- Taxes on goods and services 30.0% (2023)
- Net investment in nonfinancial assets 6.8% (2023)
- Net lending (+) / net borrowing (-) 5.3% (2023)
- Interest payments 1.3% (2023)
- Grants and other revenue 56.2% (2023)
- Interest payments 1.7% (2023)
- Other taxes 0.1% (2023)
Frequently asked questions
- What is expense in Tonga?
- Expense in Tonga was 483.79 million current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Tonga?
- The highest recorded value was 505.15 million current LCU in 2022.
- What is the lowest expense recorded in Tonga?
- The lowest recorded value was 216.59 million current LCU in 2013.
- How does Tonga rank for expense?
- Tonga ranks 151st out of 157 countries with data for 2023.
- Is expense rising or falling in Tonga?
- Over the last ten years it is up 123.4%. The long-run trend across the full record is rising.
- Where does this Tonga data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 11 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.