Goods and services expense in Tonga
Tonga: Goods and services expense was 46.5% 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 % of expense.
Analysis
In 2023, goods and services expense in Tonga stood at 46.5%. That is the highest value across all 11 years on record.
Compared with earlier readings it is up 6.1% on the previous year and up 8.2% over ten years.
Over the whole period, goods and services expense in Tonga peaked at 46.5% in 2023 and was at its lowest, 37.7%, in 2015.
Tonga ranks 2nd of 154 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 11 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 42.2% | 37.7% | 45.3% | 7 |
| 2020s | 44.3% | 42.9% | 46.5% | 4 |
Countries ranked near Tonga
- 1 Afghanistan 54.8% compare
- 3 Myanmar 45.7% compare
- 4 Samoa 44.8% compare
- 5 Azerbaijan 42.5% 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 goods and services expense in Tonga?
- Goods and services expense in Tonga was 46.5% 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 46.5% in 2023.
- What is the lowest goods and services expense recorded in Tonga?
- The lowest recorded value was 37.7% in 2015.
- How does Tonga rank for goods and services expense?
- Tonga ranks 2nd out of 154 countries with data for 2023.
- Is goods and services expense rising or falling in Tonga?
- Over the last ten years it is up 8.2%. 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 (% of expense). 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 own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.