Prices & public finance · East Asia & Pacific · Upper-middle income
Tonga: prices, money and public finance
Inflation is 5.6% (2025), 39th of 180 in the world and 4th of 27 in East Asia & Pacific. GDP deflator is 3.0% (2025), 119th of 209 in the world and 17th of 36 in East Asia & Pacific. Lending rate is 7.6% (2025), 82nd of 136 in the world and 10th of 24 in East Asia & Pacific.
Inflation
TongaEast Asia & PacificUpper-middle incomeWorld
GDP deflator
TongaEast Asia & PacificUpper-middle incomeWorld
13 indicators
Prices & public finance: Tonga in detail
Latest reported value, world rank and rank within East Asia & Pacific; values around 2000, 2010, 2020; group and world columns are World Bank aggregates.
| Indicator | Latest | World rank | In region | ~2000 | ~2010 | ~2020 | 10-year change | Region | Income group | World | Since 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| InflationInflation, consumer prices, annual % | 5.6%2025 | 39/180 | 4/27 | 6.3% | 3.5% | -0.3% | +6.6 ppsince 2015 | 2.0% | 3.3% | 3.0% | |
| GDP deflatorInflation, GDP deflator, annual % | 3.0%2025 | 119/209 | 17/36 | 2.6% | 7.7% | 0.0% | −2.2 ppsince 2015 | 2.5% | 3.3% | 3.3% | |
| Lending rateLending interest rate, % | 7.6%2025 | 82/136 | 10/24 | · | 9.9%2012 | 7.8% | −0.7 ppsince 2015 | — | — | — | |
| Real interest rateReal interest rate, % | 4.5%2025 | 75/136 | 15/24 | · | 5.4%2012 | 7.8% | +1.6 ppsince 2015 | — | — | — | |
| Exchange rateOfficial exchange rate, local currency per US$ | 2.412025 | 140/210 | 21/36 | 1.76 | 1.91 | 2.30 | +14%since 2015 | — | — | — | |
| Tax revenueTax revenue, % of GDP | 20.5%2023 | 46/142 | 9/25 | · | · | 20.4% | +3.5 ppsince 2013 | 10.8% | 10.4% | 13.9% | |
| Government revenueGovernment revenue excluding grants, % of GDP | 22.6%2023 | 85/142 | 16/25 | · | · | 24.0% | +3.3 ppsince 2013 | 17.6% | 18.5% | 24.0% | |
| Government expenseGovernment expense, % of GDP | 34.7%2023 | 34/142 | 7/25 | · | · | 31.5% | +7.0 ppsince 2013 | — | — | 28.5% | |
| Government debtCentral government debt, % of GDP | 43.1%2020 | 49/78 | 13/17 | · | · | 43.1% | — | — | — | — | |
| External debtExternal debt stocks, % of GNI | 35.4%2023 | 79/119 | 9/16 | 35.7% | 40.6% | 36.5% | −7.7 ppsince 2013 | — | 21.3% | — | |
| Private creditDomestic credit to private sector, % of GDP | 34.1%2025 | 100/169 | 21/25 | 40.5% | 39.9% | 37.8% | +0.1 ppsince 2015 | 175.5% | 139.0% | 140.3% | |
| Broad moneyBroad money, % of GDP | 59.7%2025 | 75/146 | 20/24 | 36.5% | 43.9% | 60.5% | +6.7 ppsince 2015 | 211.5% | 167.9% | 135.7% | |
| Reserves, months of importsTotal reserves in months of imports | 11.02025 | 16/165 | 5/24 | 3.02001 | 5.4 | 10.9 | +56%since 2015 | 11.1 | 9.9 | 8.6 |
Source: World Bank, World Development Indicators (CC BY 4.0)“·” — no value reported within two years of that date. World rank counts countries with a recent value.
Better than ten years ago
- External debt−7.7 pp35.4% in 2023
- Reserves, months of imports+56%11.0 in 2025
Worse than ten years ago
- Inflation+6.6 pp5.6% in 2025
Only indicators where higher or lower is clearly better are rated (for example, unemployment down is better, life expectancy up is better).
neighbours
Tonga and its neighbours
Countries sharing a land border with Tonga. Latest values since 2005; the highest in each row is marked.
| Indicator | Tonga | United States |
|---|---|---|
| Inflation | 5.6%2025 | 2.9%2024 |
| GDP deflator | 3.0%2025 | 2.8%2025 |
| Lending rate | 7.6%2025 | 3.2%2021 |
| Real interest rate | 4.5%2025 | -1.3%2021 |
| Exchange rate | 2.412025 | 1.002025 |
| Tax revenue | 20.5%2023 | 10.8%2024 |
| Government revenue | 22.6%2023 | 17.8%2024 |
| Government expense | 34.7%2023 | 24.4%2023 |
| Government debt | 43.1%2020 | 115.8%2024 |