External balance on goods and services in Tonga

Tonga: External balance on goods and services was -673.00 million current LCU in 2024. ◆ Volatile

Latest (2024)
-673.00 million current LCU
Change on year
up 3.8%
World rank
91st
of 192 countries
All-time high
-7.18 million current LCU
in 1977
All-time low
-699.92 million current LCU
in 2023
Years of data
50
1975–2024

External balance on goods and services in Tonga, 1975–2024

-600.0M-400.0M-200.0M0197519992024

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.

Analysis

Tonga recorded -673.00 million current LCU for external balance on goods and services in 2024.

That represents a change of up 3.8% on the previous year and down 106.0% over ten years.

Over the whole period, external balance on goods and services in Tonga peaked at -7.18 million current LCU in 1977 and was at its lowest, -699.92 million current LCU, in 2023.

Tonga ranks 91st of 192 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s -10.69 million current LCU -17.47 million current LCU -7.18 million current LCU 5
1980s -34.96 million current LCU -54.94 million current LCU -17.61 million current LCU 10
1990s -77.18 million current LCU -111.76 million current LCU -45.95 million current LCU 10
2000s -195.61 million current LCU -306.89 million current LCU -104.36 million current LCU 10
2010s -386.62 million current LCU -501.01 million current LCU -324.10 million current LCU 10
2020s -606.54 million current LCU -699.92 million current LCU -496.65 million current LCU 5

Countries ranked near Tonga

  1. 88 Northern Mariana Islands -533.00 million current LCU compare
  2. 89 Samoa -551.78 million current LCU compare
  3. 90 Bahamas -581.90 million current LCU compare
  4. 92 Bulgaria -1.20 billion current LCU compare
  5. 93 Fiji -1.37 billion current LCU compare
  6. 94 East Timor -1.39 billion current LCU compare

See the full ranking of 192 places →

More economy & growth data for Tonga

All data for Tonga →

Frequently asked questions

What is external balance on goods and services in Tonga?
External balance on goods and services in Tonga was -673.00 million current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest external balance on goods and services recorded in Tonga?
The highest recorded value was -7.18 million current LCU in 1977.
What is the lowest external balance on goods and services recorded in Tonga?
The lowest recorded value was -699.92 million current LCU in 2023.
How does Tonga rank for external balance on goods and services?
Tonga ranks 91st out of 192 countries with data for 2024.
Is external balance on goods and services rising or falling in Tonga?
Over the last ten years it is down 106.0%. The long-run trend across the full record is volatile.
Where does this Tonga data come from?
The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (current LCU). Statizoid updates them automatically from the source API.

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CSV · JSON — 50 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
External balance on goods and services (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
192 places, 9,054 data points, 1960–2025
Last refreshed

The balance of international trade in goods and services is the difference between the exports and imports of goods and services. 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.