Use of IMF credit in Tonga
Tonga: Use of IMF credit was 43.83 million DOD, current US$ in 2024. ◆ Volatile
Use of IMF credit in Tonga, 1999–2024
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
In 2024, use of imf credit in Tonga stood at 43.83 million DOD, current US$.
That represents a change of down 2.8% on the previous year and up 359.7% over ten years.
Over the whole period, use of imf credit in Tonga peaked at 45.09 million DOD, current US$ in 2023 and was at its lowest, 8.27 million DOD, current US$, in 2001.
Tonga ranks 117th of 122 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 9.03 million DOD, current US$ | 9.03 million DOD, current US$ | 9.03 million DOD, current US$ | 1 |
| 2000s | 9.59 million DOD, current US$ | 8.27 million DOD, current US$ | 10.40 million DOD, current US$ | 10 |
| 2010s | 9.56 million DOD, current US$ | 8.85 million DOD, current US$ | 10.13 million DOD, current US$ | 10 |
| 2020s | 36.10 million DOD, current US$ | 9.48 million DOD, current US$ | 45.09 million DOD, current US$ | 5 |
Countries ranked near Tonga
- 114 Solomon Islands 52.62 million DOD, current US$ compare
- 115 Vanuatu 52.07 million DOD, current US$ compare
- 116 Saint Vincent and the Grenadines 50.86 million DOD, current US$ compare
- 118 East Timor 42.08 million DOD, current US$ compare
- 119 Eritrea 39.64 million DOD, current US$ compare
- 120 Dominica 39.61 million DOD, current US$ compare
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)
- PPG, official creditors -18.68 million NFL, US$ (2024)
- Multilateral debt service 13.9% (2024)
- Multilateral debt service 5.97 million TDS, current US$ (2024)
- Debt service on external debt, public and publicly guaranteed (PPG) 42.95 million TDS, current US$ (2024)
- IMF repurchases and charges 1.01 million TDS, current US$ (2024)
- Net financial flows, bilateral -16.56 million NFL, current US$ (2024)
Frequently asked questions
- What is use of imf credit in Tonga?
- Use of imf credit in Tonga was 43.83 million DOD, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest use of imf credit recorded in Tonga?
- The highest recorded value was 45.09 million DOD, current US$ in 2023.
- What is the lowest use of imf credit recorded in Tonga?
- The lowest recorded value was 8.27 million DOD, current US$ in 2001.
- How does Tonga rank for use of imf credit?
- Tonga ranks 117th out of 122 countries with data for 2024.
- Is use of imf credit rising or falling in Tonga?
- Over the last ten years it is up 359.7%. 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 Use of IMF credit (DOD, current US$). Statizoid updates them automatically from the source API.
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About this data
Use of IMF Credit: Data related to the operations of the IMF are provided by the IMF Treasurer’s Department. They are converted from special drawing rights into dollars using end-of-period exchange rates for stocks and average-over-the-period exchange rates for flows. IMF trust fund operations under the Enhanced Structural Adjustment Facility, Extended Fund Facility, Poverty Reduction and Growth Facility, and Structural Adjustment Facility (Enhanced Structural Adjustment Facility in 1999) are presented together with all of the IMF’s special facilities (buffer stock, supplemental reserve, compensatory and contingency facilities, oil facilities, and other facilities). SDR allocations are also included in this category. According to the BPM6, SDR allocations are recorded as the incurrence of a debt liability of the member receiving them (because of a requirement to repay the allocation in certain circumstances, and also because interest accrues). This debt item is introduced for the first time this year with historical data starting in 1999.