Goods and services expense in Tonga
Tonga: Goods and services expense was 225.15 million current LCU in 2023. ▲ Rising
Goods and services expense in Tonga, 2013–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2023, goods and services expense in Tonga stood at 225.15 million current LCU. That is the highest value across all 11 years on record.
That represents a change of up 1.6% on the previous year and up 141.6% over ten years.
Over the whole period, goods and services expense in Tonga peaked at 225.15 million current LCU in 2023 and was at its lowest, 93.19 million current LCU, in 2013.
That places Tonga 143rd out of 155 countries with data for 2023, putting it 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 | 122.10 million current LCU | 93.19 million current LCU | 152.34 million current LCU | 7 |
| 2020s | 197.63 million current LCU | 161.31 million current LCU | 225.15 million current LCU | 4 |
Countries ranked near Tonga
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 goods and services expense in Tonga?
- Goods and services expense in Tonga was 225.15 million current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Tonga?
- The highest recorded value was 225.15 million current LCU in 2023.
- What is the lowest goods and services expense recorded in Tonga?
- The lowest recorded value was 93.19 million current LCU in 2013.
- How does Tonga rank for goods and services expense?
- Tonga ranks 143rd out of 155 countries with data for 2023.
- Is goods and services expense rising or falling in Tonga?
- Over the last ten years it is up 141.6%. 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 Goods and services expense (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 11 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. 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.