External balance on goods and services in Tonga
Tonga: External balance on goods and services was -283.48 million current US$ in 2024. ◆ Volatile
External balance on goods and services in Tonga, 1975–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
Tonga recorded -283.48 million current US$ for external balance on goods and services in 2024.
The figure is up 4.4% on the previous year and down 57.3% over ten years.
Over the whole period, external balance on goods and services in Tonga peaked at -7.96 million current US$ in 1977 and was at its lowest, -296.37 million current US$, in 2023.
Tonga ranks 92nd of 192 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -12.45 million current US$ | -19.53 million current US$ | -7.96 million current US$ | 5 |
| 1980s | -29.31 million current US$ | -46.94 million current US$ | -20.06 million current US$ | 10 |
| 1990s | -57.35 million current US$ | -83.50 million current US$ | -34.74 million current US$ | 10 |
| 2000s | -97.94 million current US$ | -147.14 million current US$ | -63.67 million current US$ | 10 |
| 2010s | -194.51 million current US$ | -220.52 million current US$ | -163.14 million current US$ | 10 |
| 2020s | -261.24 million current US$ | -296.37 million current US$ | -214.99 million current US$ | 5 |
Countries ranked near Tonga
- 89 Slovakia -236.80 million current US$ compare
- 90 Micronesia (country) -245.00 million current US$ compare
- 91 American Samoa -268.00 million current US$ compare
- 93 Vanuatu -294.46 million current US$ compare
- 94 Seychelles -311.50 million current US$ compare
- 95 Kiribati -319.40 million current US$ compare
More economy & growth data for Tonga
- DEC alternative conversion factor 2.4 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 468.46 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) 197.32 million current US$ (2024)
- Taxes less subsidies on products 218.66 million current LCU (2024)
- Taxes less subsidies on products 92.11 million current US$ (2024)
- Net primary income (Net income from abroad) 105.72 million current LCU (2025)
- Net primary income (Net income from abroad) 44.13 million current US$ (2025)
- GNI per capita 16,702 current LCU (2025)
- GNI per capita, Atlas method 6,840 current US$ (2025)
- GNI 1.73 billion current LCU (2025)
Frequently asked questions
- What is external balance on goods and services in Tonga?
- External balance on goods and services in Tonga was -283.48 million current US$ 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 -7.96 million current US$ in 1977.
- What is the lowest external balance on goods and services recorded in Tonga?
- The lowest recorded value was -296.37 million current US$ in 2023.
- How does Tonga rank for external balance on goods and services?
- Tonga ranks 92nd 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 57.3%. 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 US$). Statizoid updates them automatically from the source API.
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About this data
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 indicator is expressed in United States dollars.