Short-term debt in Tonga
Tonga: Short-term debt was 0.0% in 2024. ◆ Volatile
Short-term debt in Tonga, 1985–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of total external debt.
Analysis
In 2024, short-term debt in Tonga stood at 0.0%. That is the lowest value across all 40 years on record.
Compared with earlier readings it is down 100.0% over ten years.
Over the whole period, short-term debt in Tonga peaked at 17.2% in 1990 and was at its lowest, 0.0%, in 2007.
That places Tonga 117th out of 121 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 2.1% | 1.5% | 2.9% | 5 |
| 1990s | 3.1% | 0.4% | 17.2% | 10 |
| 2000s | 0.4% | 0.0% | 0.9% | 10 |
| 2010s | 0.0% | 0.0% | 0.0% | 10 |
| 2020s | 0.0% | 0.0% | 0.0% | 5 |
Countries ranked near Tonga
More external debt data for Tonga
- IFC, private nonguaranteed 0 NFL, US$ (2024)
- Public and publicly guaranteed debt service 6.2% (2024)
- Net financial flows, IDA -97,000 NFL, current US$ (2024)
- Public and publicly guaranteed debt service 24.6% (2024)
- Debt service on external debt, public and publicly guaranteed (PPG) 42.95 million TDS, current US$ (2024)
- Use of IMF credit 43.83 million DOD, current US$ (2024)
- Multilateral debt service 5.97 million TDS, current US$ (2024)
- Multilateral debt service 13.9% (2024)
- IMF repurchases and charges 1.01 million TDS, current US$ (2024)
- PPG, official creditors -18.68 million NFL, US$ (2024)
Frequently asked questions
- What is short-term debt in Tonga?
- Short-term debt in Tonga was 0.0% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Tonga?
- The highest recorded value was 17.2% in 1990.
- What is the lowest short-term debt recorded in Tonga?
- The lowest recorded value was 0.0% in 2007.
- How does Tonga rank for short-term debt?
- Tonga ranks 117th out of 121 countries with data for 2024.
- Is short-term debt rising or falling in Tonga?
- Over the last ten years it is down 100.0%. The long-run trend across the full record is volatile.
- Where does this Tonga data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Short-term debt (% of total external debt). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 40 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt.