Tonga Debt to GDP Ratio 2013-2024
Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.
- Tonga debt to gdp ratio for 2020 was 45.02%, a 2.47% increase from 2019.
- Tonga debt to gdp ratio for 2019 was 42.55%, a 6.15% decline from 2018.
- Tonga debt to gdp ratio for 2018 was 48.70%, a 3.11% increase from 2017.
- Tonga debt to gdp ratio for 2017 was 45.58%, a 3.83% decline from 2016.
| Tonga Debt to GDP Ratio - Historical Data |
| Year |
Government Debt as % of GDP |
Annual Change |
| 2020 |
45.02% |
2.47% |
| 2019 |
42.55% |
-6.15% |
| 2018 |
48.70% |
3.11% |
| 2017 |
45.58% |
-3.83% |
| 2016 |
49.41% |
-1.76% |
| 2015 |
51.18% |
3.70% |
| 2014 |
47.48% |
-1.56% |
| 2013 |
49.04% |
-1.56% |
