NATIONAL PUBLIC DEBT Tonga 2023

Debt decreased in Tonga

In 2023 Tonga public debt was 208 million euros225 million dollars, has decreased 61 million since 2022.

This amount means that the debt in 2023 reached 43.27% of Tonga GDP, a 4.2 percentage point fall from 2022, when it was 47.47% of GDP.

If we check the tables we can see the evolution of Tonga debt. It has risen since 2013 in global debt terms, when it was 166 million euros 221 million dollars although it has fallen as a percentage of GDP, when it amounted to 54.25%.

According to the last data point published, Tonga per capita debt in 2023 was 1,989 euros2,152 dollars per inhabitant. In 2022 it was 2,039 euros 2,149 dollars, afterwards dropping by 50 euros 3dollars, and if we again check 2013 we can see that then the debt per person was 1,630 euros2,165 dollars .

The position of Tonga, as compared with the rest of the world, has improved in 2023 in terms of GDP percentage. Currently it is country number 60 in the list of debt to GDP and 75 in debt per capita, out of the 191 we publish.

In this page we show you the progression of the public debt in Tonga. You can see debt in other countries in Public debt and see all the information about Tonga in economy of Tonga.

Tonga: Evolution of debt
DateDebt (M.€.)Debt ($M)Debt (%GDP)Debt Per CapitaDebt Per Capita
202320822543.27%€1,989$2,152
202221422647.47%€2,039$2,149
202118922448.78%€1,792$2,121
202018721448.03%€1,871$2,135
201918921147.45%€1,887$2,113
201818722050.71%€1,866$2,204
201718220649.39%€1,802$2,035
201618820854.45%€1,862$2,061
201520222456.29%€1,996$2,215
201415720951.82%€1,540$2,046
201316622154.25%€1,630$2,165
201219925660.05%€1,936$2,489
201115521551.85%€1,503$2,092
201012416444.73%€1,202$1,595
20098912439.73%€864$1,203
20088011734.01%€781$1,148
20078211337.82%€808$1,108
20069211539.55%€901$1,131
20059111443.35%€904$1,126
20049712152.25%€963$1,197
200310111456.22%€1,006$1,137
200211811160.66%€1,178$1,113
20011089753.35%€1,079$966
2000968843.13%€967$894
1999717637.95%€718$766
Tonga: Evolution of debt as a percentage of GDP

Tonga: Evolution of debt in millions