Tonga
Description of Tonga
Tonga, a Polynesian kingdom comprising 169 islands, holds a unique position in the South Pacific region. With a rich cultural heritage and a history of resilience, Tonga has embarked on a journey towards sustainable development and economic growth. This island nation faces a delicate balance between preserving its traditional way of life and embracing modern advancements. As Tonga navigates through various challenges and opportunities on the global stage, understanding the macroeconomic landscape and geopolitical dynamics becomes essential in grasping the trajectory of its future.
Population And Age Structure
Population, total: Tonga has a population of 105,254, significantly below the average population of 40,097,746. Tonga ranks 180 out of 194 countries in terms of population.
Population ages 0-14 (% of total population): With 35.07% of its population in this age group, Tonga exceeds the average of 27.34%. Tonga is ranked 53 out of 194 countries in this category.
Population ages 0-14, total: Tonga's total population in this age group is 36,916, much lower than the average of 10,327,379. Tonga ranks 176 out of 194 countries for this metric.
Population ages 15-64 (% of total population): Tonga's 58.74% of the population falling into this age group is below the average of 63.44%. Tonga ranks 146 out of 194 countries in this category.
Population ages 15-64, total: Tonga has 61,831 individuals in this age group, significantly lower than the average of 26,003,407. Tonga's rank is 183 out of 194 countries.
Population ages 65 and above (% of total population): With 6.18% of its population in this age bracket, Tonga is below the average of 9.22%. Tonga is ranked 101 out of 194 countries for this metric.
Population ages 65 and above, total: Tonga's total population in this age group is 6,507, well below the average of 3,766,959. Tonga ranks 186 out of 194 countries in this category.
Summary
Tonga has a relatively small population of 105,254, with a higher percentage of individuals aged 0-14 years compared to the global average. Conversely, the proportion of individuals aged 15-64 is below average. The country also has a smaller percentage and total number of individuals aged 65 and above compared to the global average. These demographic indicators are crucial for understanding Tonga's workforce dynamics, social support needs, and potential future population trends.
Population Miscellaneous
- The Rural population in Tonga is 80,941, which is significantly below the average of 18,044,041. The
country ranks 170 out of 190 countries in this attribute.
- Tonga's Rural population (% of total population) is 76.901%, well above the average of 41.158%. The
country ranks 14 out of 190 countries for this metric.
- With an Urban population of 24,313, Tonga falls far below the average of 22,425,747. Tonga is ranked 189
out of 194 countries in this category.
- Tonga's Urban population (% of total population) is 23.099%, significantly lower than the average of
59.691%. The country ranks 181 out of 194 nations for this indicator.
- The Age dependency ratio in Tonga is 70.23%, above the average value of 59.22%. Tonga ranks 49 out of
194 countries for this metric.
- Tonga's Birth rate, crude (per 1,000 people) is 23.139, above the average of 19.384. The country ranks
60 out of 192 nations in this aspect.
- The Death rate, crude (per 1,000 people) in Tonga is 6.946, below the average of 8.214. Tonga ranks 118
out of 192 countries for this statistic.
- Tonga's Fertility rate is 3.267, higher than the average of 2.603. The country ranks 51 out of 190
countries for this indicator.
Summary
Tonga has a significantly higher rural population percentage and a lower urban population percentage compared to the global averages. This demographic distribution reflects a more traditional and less urbanized society. Additionally, Tonga's higher-than-average age dependency ratio and fertility rate suggest potential challenges for the country's healthcare system and economic productivity in the future, as it may strain resources to support an aging population and higher birth rates.
Military
Arms imports in Tonga amount to 7 million, significantly below the average of approximately 205 million. Tonga is ranked 91 out of 113 countries in terms of arms imports.
Summary
Tonga's arms imports of 7 million are notably lower than the global average of around 205 million, positioning the country at the 91st place out of 113 countries in terms of arms imports. This indicates that Tonga has a relatively low reliance on imported arms compared to the global average, which could signify a lower military expenditure and potentially a focus on other areas of development.
Natural Resources
- Tonga has a forest area of 89.5 sq. km, significantly below the average of 211606.11 sq. km, ranking 177
out of 191 countries.
- Tonga's land area is 720 sq. km, below the average of 665166.51 sq. km, ranking 174 out of 194
countries.
- With a surface area of 750 sq. km, Tonga falls short of the average of 689779.56 sq. km, ranking 174 out
of 194 countries.
- Tonga has 20000 hectares of arable land, considerably below the average of 7329543.16 hectares, ranking
163 out of 190 countries.
Summary
Tonga's limited forest area, land area, surface area, and arable land compared to global averages indicate constraints on its natural resource base and potential for agriculture and forestry development. These statistics are crucial as they highlight Tonga's vulnerabilities in terms of environmental sustainability, food security, and economic diversification. Addressing these limitations will be essential for Tonga to enhance its resilience, promote sustainable development, and achieve long-term economic stability.
Resource Rents
- Total natural resources rents (% of GDP): Tonga's value is 0.039, which is significantly below the average of 4.630%. This places Tonga at rank 156 out of 175 countries in the dataset.
- Forest rents (% of GDP): Tonga's value for this attribute is 0.039, also notably under the average of 1.526%. This positions Tonga at rank 132 out of 174 countries in the dataset.
Summary
Tonga demonstrates a low reliance on natural resources rents and forest rents compared to the global average percentages. This may indicate a limited exploitation of these resources for economic gain. Given the importance of natural resources in driving economic growth and development for many nations, Tonga's lower utilization could impact its potential for GDP growth and resource-driven sustainability.
Commodities
Regarding Aquaculture production, Tonga's value of 105.2 metric tons is significantly below the average of 679642.92 metric tons, ranking 148th out of 180 countries in the dataset.
For Capture fisheries production, Tonga's value of 1097.12 metric tons is below the average of 467453.06 metric tons, placing Tonga 168th out of 190 countries.
In terms of Total fisheries production, Tonga's value of 1202.32 metric tons falls short of the average of 1153914.85 metric tons, with Tonga ranked 174th out of 182 countries.
When it comes to Fertilizer consumption, Tonga's value of 11.854 kilograms per hectare of arable land is lower than the average of 159.04 kilograms per hectare, positioning Tonga at 154th out of 187 countries.
Summary
Tonga's aquaculture, capture fisheries, and total fisheries production metrics are all significantly below the respective global averages, placing the country in lower rankings compared to a large number of countries worldwide. Similarly, Tonga's fertilizer consumption is substantially lower than the average, positioning the country in the bottom half of nations analyzed. These statistics are crucial as they indicate areas where Tonga may need to focus on improving productivity and efficiency to enhance its economic development and food security.
Intellectual Property
For Industrial design applications, Tonga's value of 5 is significantly below the average of 9799.57, ranking 107 out of 113 countries in the dataset.
Tonga's 3 patent applications by nonresidents is notably lower than the average of 6538.40, placing Tonga at rank 122 out of 129 countries.
With 345 trademark applications by nonresidents, Tonga falls well below the average of 15878.93, ranking 120 out of 130 countries.
For trademark applications by residents, Tonga's 7 applications contrast sharply with the average of 111055.78, positioning Tonga at rank 127 out of 129 countries.
Tonga's 9.24 scientific and technical journal articles are below the average of 15103.76, placing Tonga at rank 178 out of 192 countries.
Regarding charges for the use of intellectual property, Tonga's payment of 3740.01 (BoP, current US$) is significantly lower than the average of 3218843494.39, ranking Tonga at 140 out of 143 countries.
Summary
Tonga's performance in various key macroeconomic indicators, such as industrial design applications, patent applications, trademark applications, scientific journal articles, and charges for the use of intellectual property, falls well below global averages, positioning the country at consistently low ranks in comparison to other nations. These statistics are crucial as they reflect Tonga's limited investment and innovation in intellectual property, which could hinder its competitiveness and economic growth in the long term, signaling a need for policy interventions to foster innovation and industrial development.
Broad Economy Attributes
Regarding GDP (current US$), Tonga's value is $484,796,854.92, which is below the average of $442,870,224,838.68. Tonga is ranked 183 out of 189 countries in the dataset.
For GDP, PPP (current international $), Tonga's value is $706,586,205.25, falling below the average of $734,141,122,350.78. Tonga holds the 175th position out of 181 countries.
In terms of GDP per capita (current US$), Tonga's value is $4,605.97, significantly lower than the average of $15,462.11. Tonga is ranked 107 out of 190 countries.
For GDP per capita, PPP (current international $), Tonga's value stands at $6,713.15, below the average of $21,251.89. Tonga ranks 121 out of 181 countries.
Concerning GNI (current US$), Tonga's value is $526,113,706.18, falling short of the average of $452,040,815,370.70. Tonga holds the 178th position out of 185 countries.
For GNI, PPP (current international $), Tonga's value is $766,805,071.88, below the average of $730,698,223,823.47. Tonga is ranked 175 out of 181 countries.
Finally, in GNI per capita, PPP (current international $), Tonga's value is $7,290, which is lower than the average of $20,615.75. Tonga holds the 121st position out of 181 countries in the dataset.
Summary
Tonga's macroeconomic indicators, including GDP, GDP per capita, and GNI, fall below global averages, placing Tonga at relatively low rankings compared to other countries. These figures suggest that Tonga faces economic challenges in terms of overall production, income generation, and the standard of living for its citizens. Addressing these disparities is crucial for Tonga's economic development and sustainability in the long term.
Broad Value Added
The Gross value added at basic prices (GVA) in Tonga is $404,762,554.07, which is below the average of $360,070,943,595.12. Tonga ranks 172 out of 176 countries in this attribute.
Agriculture, forestry, and fishing value added as a percentage of GDP in Tonga is 17.81%, above the average of 10.86%. Tonga ranks 45 out of 182 countries in this attribute.
Agriculture, forestry, and fishing value added in current US dollars for Tonga is $86,349,916.26, below the average of $19,924,732,828.07. Tonga ranks 167 out of 182 countries in this attribute.
Services value added as a percentage of GDP in Tonga is 50.90%, below the average of 56.72%. Tonga ranks 133 out of 183 countries in this attribute.
Services value added in current US dollars for Tonga is $246,779,533.94, below the average of $295,837,711,130.69. Tonga ranks 180 out of 183 countries in this attribute.
Industry (including construction) value added in current US dollars for Tonga is $71,633,103.87, below the average of $118,421,095,413.50. Tonga ranks 178 out of 183 countries in this attribute.
Summary
Tonga's Gross value added at basic prices (GVA) is significantly below the global average, ranking 172 out of 176 countries. However, Tonga has a relatively high percentage of GDP attributed to Agriculture, forestry, and fishing, which is above the average. This may indicate a reliance on these sectors for economic activity, highlighting the importance of diversification and sustainable growth strategies to boost overall economic performance.
Manufacturing Value Added
Manufacturing, value added (current US$): Tonga's manufacturing value added is significantly below the attribute average of $76,207,179,589.66. Tonga ranks 168 out of 173 countries in this dataset.
Manufacturing, value added (% of GDP): Tonga's manufacturing value added as a percentage of GDP is below the attribute average of 11.90%. Tonga ranks 142 out of 173 countries in this dataset.
Medium and high-tech manufacturing value added (% manufacturing value added): Tonga's medium and high-tech manufacturing value added as a percentage of total manufacturing value added is well below the attribute average of 24.49%. Tonga ranks 148 out of 149 countries in this dataset.
Summary
Tonga's manufacturing sector is struggling, with manufacturing value added and its percentage of GDP both below global averages. Additionally, the country's medium and high-tech manufacturing value added falls significantly below the average percentage of total manufacturing value added. These indicators suggest that Tonga may face challenges in diversifying its economy and moving towards more advanced, value-added manufacturing activities, which are crucial for long-term economic growth and stability.
Money
1. Inflation, consumer prices (annual %): Tonga's inflation rate is -0.35%, significantly below the average of 8.26%. This places Tonga at rank 144 out of 165 countries in the dataset.
2. Inflation, GDP deflator (annual %): Tonga's GDP deflator inflation stands at -4.20%, well below the average of 6.90%. Tonga ranks 170 out of 188 countries in this metric.
3. Broad money growth (annual %): Tonga's broad money growth is 17.48%, slightly lower than the average of 18.03%. Tonga ranks 43 out of 139 included countries.
4. Broad money (% of GDP): Tonga's broad money as a percentage of GDP is 63.17%, below the average of 71.75%. Tonga is ranked 70 out of 139 countries in this aspect.
5. Broad money to total reserves ratio: Tonga's ratio is 1.02, significantly below the average of 5.17. Tonga ranks 122 out of 126 countries in the dataset for this metric.
Summary
Tonga exhibits low inflation rates compared to global averages in both consumer prices and GDP deflator. The country also shows moderate growth in broad money but lags behind in the ratio of broad money to GDP and total reserves. These indicators are crucial as they reflect Tonga's economic stability, monetary policy effectiveness, and financial resilience in comparison to other nations, highlighting areas for potential improvement and focus.
Consumption Expenditure
Final consumption expenditure (current US$): Tonga's value of 559,256,618.73 is significantly below the attribute average of 381,630,252,515.38. Tonga is ranked 157 out of 159 countries in this data set.
Final consumption expenditure (% of GDP): Tonga's value of 115.36% is above the attribute average of 82.37%. Tonga ranks 6 out of 159 countries for this metric.
General government final consumption expenditure (current US$): Tonga's value of 111,862,578.44 is far below the attribute average of 93,676,578,238.03. Tonga ranks 158 out of 158 countries in this data set.
General government final consumption expenditure (% of GDP): Tonga's value of 23.07% exceeds the attribute average of 18.71%. Tonga is ranked 31 out of 158 countries for this specific metric.
Household and NPISHs Final consumption expenditure (current US$): Tonga's value of 447,393,607.42 is below the attribute average of 290,127,571,157.69. Tonga holds a rank of 156 out of 158 countries included in this data.
Households and NPISHs final consumption expenditure (% of GDP): Tonga's value of 92.28% is higher than the attribute average of 63.68%. Tonga is placed 9 out of 158 countries in this metric.
Summary
Tonga's final consumption expenditure, both in absolute terms and as a percentage of GDP, is notably lower than the global average, ranking towards the bottom in comparison to other countries. Specifically, Tonga's general government final consumption expenditure is significantly below average, indicating potential limitations in government spending capabilities. These indicators are crucial as they reflect Tonga's economic activity and the effectiveness of government and household spending in driving economic growth and development.
Investment
Foreign direct investment, net (BoP, current US$) in Tonga is at -3615729.98, which is significantly below the attribute average of -1615235980.51. Tonga is ranked 41 out of 169 countries in this statistic.
Foreign direct investment, net inflows (BoP, current US$) in Tonga is 3824444.91, below the attribute average of 5749271080.15. Tonga ranks 151 out of 182 countries in this metric.
Foreign direct investment, net inflows (% of GDP) for Tonga stands at 0.79, lower than the attribute average of 2.61. Tonga is ranked 123 out of 178 countries in this aspect.
Foreign direct investment, net outflows (BoP, current US$) for Tonga is 1078327.87, far below the attribute average of 5707991116.07. Tonga ranks 113 out of 156 countries in this measure.
Foreign direct investment, net outflows (% of GDP) in Tonga is 0.22, also below the attribute average of 1.00. Tonga's rank is 76 out of 155 countries for this particular statistic.
Portfolio Investment, net (BoP, current US$) in Tonga is 4844647.33, exceeding the attribute average of 679559169.57. Tonga is ranked 74 out of 159 countries in this category.
Summary
Tonga's foreign direct investment metrics, both in terms of inflows and outflows, are below global averages across various indicators. However, its portfolio investment net exceeds the average. These statistics are crucial as they indicate Tonga's openness to external investments, its financial stability, and its ability to attract and retain foreign capital, all of which play a significant role in the country's economic development and growth trajectory.
Debt
1. Tonga has a relatively low Total debt service (% of GNI) of 1.14, which is significantly below the average of 5.98. Tonga is ranked 103 out of 120 countries for this metric.
2. The country also has a lower than average Public and publicly guaranteed debt service (% of GNI) at 1.14 compared to the average of 2.84. Tonga is ranked 92 out of 120 countries in this category.
3. Tonga's External debt stocks (% of GNI) stand at 36.98, which is below the average of 65.42. Tonga ranks 85 out of 120 countries for this indicator.
4. The Debt service on external debt, total (TDS, current US$) for Tonga is 6,022,033, significantly lower than the average of 9,811,195,839.23. Tonga ranks 122 out of 123 countries in this aspect.
5. Tonga's Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) is 5,992,778.60, much lower than the average of 3,310,612,057.60. Tonga ranks 120 out of 123 countries based on this metric.
6. In terms of External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$), Tonga's value is 185,100,964.10, well below the average of 28,695,879,144.98. Tonga ranks 122 out of 123 countries for this category.
7. Lastly, Tonga's External debt stocks, total (DOD, current US$) are 194,579,370.90, much lower than the average of 73,845,530,111.82. Tonga ranks 123 out of 123 countries in this metric.
Summary
Tonga demonstrates a strong fiscal discipline in managing its debt obligations, with significantly lower debt service percentages and external debt stocks compared to global averages. Despite ranking lower in some indicators, such as debt service on external debt, Tonga's prudence in debt management is commendable. These indicators are crucial as they showcase Tonga's ability to maintain financial stability, attract potential investors, and ensure sustainable economic growth in the long term.
Broad Trade Attributes
Trade (% of GDP): Tonga's trade as a percentage of GDP is 85.53%, exceeding the average of 82.34%. Tonga ranks 53 out of 163 countries in this attribute.
Merchandise trade (% of GDP): Tonga's merchandise trade as a percentage of GDP is 50.33%, below the average of 60.01%. Tonga ranks 94 out of 186 countries in this attribute.
Trade in services (% of GDP): Tonga's trade in services as a percentage of GDP is 37.61%, significantly higher than the average of 24.63%. Tonga ranks 25 out of 171 countries in this attribute.
External balance on goods and services (current US$): Tonga's external balance on goods and services is -215,025,277.61 USD, below the average of 3,405,509,011.13 USD. Tonga ranks 76 out of 163 countries in this attribute.
External balance on goods and services (% of GDP): Tonga's external balance on goods and services as a percentage of GDP is -44.35%, much lower than the average of -5.97%. Tonga ranks 159 out of 163 countries in this attribute.
Summary
Tonga has a high trade percentage of GDP at 85.53%, driven by a strong trade in services at 37.61%. However, the country's merchandise trade at 50.33% is below average. Tonga faces a significant deficit in external balance on goods and services, with a percentage of GDP at -44.35%, ranking poorly at 159 out of 163 countries. These indicators are crucial as they showcase Tonga's heavy reliance on services for trade and highlight the challenges in achieving a balanced external trade position.
Net Trade
1. Tonga has a Current account balance (BoP, current US$) of -25780129.86, which is below the attribute average of 1443864831.49. Tonga ranks 69th out of 170 countries in this attribute.
2. Tonga's Current account balance (% of GDP) is -5.32, below the attribute average of -2.36. Tonga is ranked 123rd out of 170 countries for this statistic.
3. In terms of Net trade in goods and services (BoP, current US$), Tonga's value of -209905832.59 is significantly below the attribute average of 2604730003.57. Tonga ranks 81st out of 171 countries in this category.
4. Tonga's Net primary income (BoP, current US$) stands at 37150870.85, above the attribute average of -903807529.74. Tonga is ranked 39th out of 170 countries based on this measure.
5. For Net secondary income (BoP, current US$), Tonga recorded 146974831.87, surpassing the attribute average of -269227340.40. Tonga holds the 102nd rank out of 170 countries for this metric.
6. Tonga's Net trade in goods (BoP, current US$) is at -191263142.22, falling below the attribute average of 1302831005.68. Tonga ranks 77th out of 171 countries based on this data.
7. Tonga's Net capital account (BoP, current US$) is 69344078.10, below the attribute average of 136543824.05. It ranks 79th out of 159 countries in this attribute.
8. In the Net financial account (BoP, current US$) category, Tonga recorded 25021109.25, exceeding the attribute average of -469840994.63. Tonga is ranked 69th out of 170 countries for this statistic.
Summary
Tonga exhibits a mixed performance in key macroeconomic indicators. While it struggles with a negative current account balance and net trade in goods and services, it excels in net primary and secondary incomes. These indicators are crucial as they reflect Tonga's economic strength, stability, and ability to generate income from primary and secondary sources despite challenges in trade and current account balances.
Broad Export Attributes
1. Tonga's Exports of goods, services and primary income (BoP, current US$) amount to 152.44 million, which is significantly below the average of 146.24 billion. Tonga ranks 165th out of 170 countries in this attribute.
2. Tonga's Exports of goods and services (BoP, current US$) stand at 99.78 million, falling far short of the average of 122.94 billion. Tonga is positioned at 164th out of 170 countries for this statistic.
3. Tonga's Exports of goods and services (current US$) are 99.82 million, also notably lower than the average of 129.60 billion. Tonga ranks 158th out of 163 countries in this category.
4. The Exports of goods and services (% of GDP) for Tonga is at 20.59%, below the average of 38.19%. Tonga's rank is 118th out of 163 countries for this metric.
5. Tonga's Goods exports (BoP, current US$) are recorded at 17.94 million, significantly lower than the average of 93.31 billion. Tonga holds the 167th position out of 171 countries in this segment.
6. In terms of International tourism, receipts (% of total exports), Tonga performs well with a percentage of 47.81, far exceeding the average of 9.74%. Tonga ranks 5th out of 120 countries in this specific category.
Summary
Tonga's export performance across various categories places it below global averages and significantly lower in rankings compared to other countries. Despite this, Tonga excels in international tourism receipts, showcasing a strong potential for tourism sector growth and revenue generation. Improving export competitiveness and diversification beyond tourism can help boost Tonga's economic resilience and reduce reliance on a single sector for income.
Merchandise Exports
Tonga's Merchandise exports are valued at $15,000,000. This is significantly below the attribute average of $89,542,711,229.95. Tonga ranks 184th out of 187 countries in this category.
Additionally, Tonga's Merchandise exports by the reporting economy residual (% of total merchandise exports) is 0.0001663. This is well below the attribute average of 3.20. Tonga ranks 155th out of 166 countries in this aspect.
Summary
Tonga's merchandise exports, valued at $15,000,000, are significantly below the global average of $89,542,711,229.95, ranking the country 184th out of 187 countries. Furthermore, Tonga's merchandise exports as a percentage of the total are only 0.0001663, far below the global average of 3.20, placing Tonga at the 155th position out of 166 countries in this aspect.
These findings indicate that Tonga's economy heavily relies on domestic consumption rather than international trade. The low levels of merchandise exports suggest limited integration into the global market, which can hinder Tonga's economic growth and resilience to external shocks. Improving export competitiveness and diversifying export markets could help Tonga boost its economic performance and reduce its vulnerability to domestic economic fluctuations.
Technology Exports
Medium and high-tech exports (% of manufactured exports): With Tonga's value at 23.45%, it is below the attribute average of 34.29%. Tonga ranks 86th out of 149 countries in this category.
Summary
Tonga's medium and high-tech exports account for 23.45% of its total manufactured exports, which is below the global average of 34.29%. This places Tonga at the 86th position out of 149 countries in this category. This statistic is crucial as it indicates Tonga's level of technological advancement, industrial diversification, and competitiveness in the global market.
Service Exports
Service exports (BoP, current US$): Tonga's service exports amount to $81,838,606.92, which is significantly below the average of $28,917,292,503.82. Tonga ranks 156th out of 171 countries in this attribute.
ICT service exports (BoP, current US$): Tonga's ICT service exports total $4,975,286.89, far lower than the average of $4,578,501,153.77. Tonga is ranked 150th out of 166 countries in this category.
ICT service exports (% of service exports, BoP): Tonga's ICT service exports account for 6.08% of its total service exports, which is below the average of 11.75%. Tonga holds the 106th rank out of 166 countries.
Communications, computer, etc. (% of service exports, BoP): Tonga's percentage of service exports in communications, computer, etc. stands at 22.72%, well below the average of 45.85%. Tonga is positioned 135th out of 169 countries.
Transport services (% of service exports, BoP): Tonga's transport services as a percentage of service exports are 19.84%, slightly lower than the average of 21.80%. Tonga holds the 76th rank out of 169 countries.
Travel services (% of service exports, BoP): Tonga's travel services represent 57.44% of its service exports, significantly above the average of 26.40%. Tonga ranks 21st out of 167 countries in this attribute.
Summary
Tonga faces challenges in diversifying its service exports, especially in the ICT and communications sectors where it lags significantly behind the global average. However, the country excels in travel services, with a much higher percentage compared to the average, indicating a strong tourism industry. These indicators are crucial as they highlight areas where Tonga can focus on improving competitiveness and expanding its export base to drive economic growth and development.
Commercial Service Exports
1. Commercial service exports (current US$): Tonga's commercial service exports amount to $78,186,405.22, which is significantly below the attribute average of $28,508,218,402.80. Tonga ranks 157th out of 171 countries in this category.
2. Travel services (% of commercial service exports): Tonga's travel services account for 60.13% of its commercial service exports, well above the attribute average of 27.89%. Tonga's rank is 22nd out of 167 countries.
3. Computer, communications, and other services (% of commercial service exports): Tonga's services in this category make up 19.11% of its commercial service exports, notably below the attribute average of 42.44%. Tonga holds the 126th rank out of 169 countries.
4. Transport services (% of commercial service exports): Transport services contribute to 20.76% of Tonga's commercial service exports, slightly lower than the attribute average of 23.37%. Tonga ranks 76th out of 169 countries.
Summary
Tonga's commercial service exports are relatively low compared to the global average, placing the country at the bottom quartile in this category. However, the country excels in the tourism sector, with travel services constituting a significant portion of its commercial service exports and ranking Tonga among the top 15% of countries worldwide. On the other hand, Tonga lags behind in computer, communications, and other services exports, as well as transport services exports, showcasing potential areas for growth and diversification in its service sector.
These findings are crucial as they shed light on Tonga's economic strengths and weaknesses in the international trade of services. By identifying the sectors where Tonga is excelling and where it needs to improve, policymakers and stakeholders can strategize to leverage the country's competitive advantages and address its deficiencies, ultimately fostering economic growth and sustainability.
Broad Import Attributes
- Tonga's Imports of goods and services (current US$) amount to $314,845,765.23. This value is significantly below the attribute average of $126,191,355,599.06. Tonga ranks 159th out of 163 countries in this category.
- Imports of goods and services (% of GDP) in Tonga is 64.94%, which is above the attribute average of 44.15%. Tonga ranks 27th out of 163 countries in this aspect.
- Tonga's International tourism expenditures (% of total imports) stand at 12.27%, far exceeding the attribute average of 3.98%. Tonga ranks 8th out of 131 countries in this regard.
- The value of Tonga's Goods imports (BoP, current US$) is $209,204,114.63, significantly below the attribute average of $92,007,788,027.17. Tonga ranks 166th out of 171 countries included in the data.
- Tonga's imports of goods and services (BoP, current US$) amount to $309,685,411.91, which is well below the attribute average of $120,321,577,988.12. Tonga ranks 165th out of 170 countries.
- Tonga's imports of goods, services, and primary income (BoP, current US$) are $325,198,546.18, significantly lower than the attribute average of $144,514,428,722.28. Tonga ranks 165th out of 170 countries considered for this statistic.
Summary
Tonga's import figures across various categories consistently fall significantly below the attribute averages, ranking quite low compared to other countries. The high percentage of imports relative to GDP, particularly in international tourism expenditures, indicates a heavy dependence on imports to meet domestic needs. This reliance on imports can pose economic vulnerabilities such as exposure to global market fluctuations, foreign exchange risks, and potential supply chain disruptions, highlighting the importance for Tonga to diversify its economy and strengthen domestic production capabilities.
Merchandise Imports
Regarding Merchandise imports (current US$), Tonga's value of 229,000,000 is significantly below the average of 89,385,605,263. Tonga is ranked at 183 out of 190 countries in this attribute data.
For Merchandise imports by the reporting economy, residual (% of total merchandise imports), Tonga's value of 8.35e-15 is far below the average of 2.51. Tonga holds the 179th rank out of 180 countries in this attribute data.
Summary
Tonga's merchandise imports in terms of value and percentage are significantly below the global average, ranking low among countries in these indicators. This suggests that Tonga may have limited access to foreign goods and may struggle with trade balances. Addressing these issues is crucial for Tonga's economic development, as improving trade relations and enhancing import capabilities can boost economic growth and resilience.
Service Imports
1. Service imports (BoP, current US$): Tonga's value of 100481297.27954 is significantly below the attribute average of 27615356170.47423. Tonga ranks 165 out of 171 countries in this dataset.
2. Communications, computer, etc. (% of service imports, BoP): Tonga's value of 32.53% is below the attribute average of 44.40%. Tonga ranks 123 out of 169 countries in this dataset.
3. Transport services (% of service imports, BoP): Tonga's value of 32.94% is slightly above the attribute average of 32.90%. Tonga ranks 76 out of 169 countries in this dataset.
4. Travel services (% of service imports, BoP): Tonga's value of 33.18% is significantly above the attribute average of 14.14%. Tonga ranks 12 out of 169 countries in this dataset.
5. Insurance and financial services (% of service imports, BoP): Tonga's value of 1.34% is below the attribute average of 8.53%. Tonga ranks 162 out of 169 countries in this dataset.
Summary
Tonga's key macroeconomic indicators reveal a notable performance in travel services, where it surpasses the global average by a significant margin and secures a high ranking among countries. However, the country lags behind in service imports overall, particularly in communications, computer, and insurance/financial services. These indicators are crucial as they signify Tonga's strong reliance on travel services for revenue, highlighting potential vulnerabilities in other service sectors that may require attention for balanced economic growth and stability.
Commercial Service Imports
For Commercial service imports (current US$), Tonga's value of $94,268,820.17 is significantly below the average of $27,102,746,128.60. Tonga is ranked 165 out of 171 countries in this dataset.
Computer, communications and other services (% of commercial service imports) in Tonga stand at 28.08%, below the average of 41.71%. Tonga ranks 122 out of 169 countries for this attribute.
Insurance and financial services (% of commercial service imports) is at 1.43% for Tonga, well under the average of 8.85%. Tonga is ranked 163 out of 169 countries.
Transport services (% of commercial service imports) see Tonga at 35.12%, slightly above the average of 34.71%. Tonga holds the 75th rank out of 169 countries
Lastly, Travel services (% of commercial service imports) for Tonga are high at 35.37%, well above the average of 14.73%. Tonga ranks impressively at 10 out of 169 countries in this category.
Summary
Tonga exhibits a unique profile in commercial service imports compared to the global average and other countries. While Tonga's overall commercial service imports value is significantly lower than the average, it excels in the percentage allocation towards travel services, ranking impressively in this category. These indicators are crucial for Tonga's economic development as they highlight the country's strengths and weaknesses in trade and service sectors, providing insights for policymakers to enhance competitiveness and capitalize on advantageous sectors.
Information Technology Infrastructure
When it comes to Secure Internet servers, Tonga has 59 servers, which is significantly below the average of 458,294. Tonga ranks 171st out of 193 countries in this attribute.
For Secure Internet servers per 1 million people, Tonga has 560.55 servers, much lower than the average of 14,067.17. Tonga ranks 88th out of 193 countries.
Tonga's rate of Individuals using the Internet stands at 66.65% of the population, slightly above the average of 64.77%. Tonga ranks 107th out of 180 countries in this aspect.
Regarding Fixed broadband subscriptions, Tonga has 5,000 subscriptions, significantly lower than the average of 6,591,956. Tonga ranks 172nd out of 185 countries.
In terms of Mobile cellular subscriptions, Tonga has 62,000 subscriptions, notably lower than the average of 42,526,463. Tonga ranks 184th out of 193 countries in this category.
Summary
Tonga lags behind global averages in key internet and technology indicators such as secure internet servers, secure internet servers per 1 million people, fixed broadband subscriptions, and mobile cellular subscriptions. This can hinder the country's connectivity, access to information, and overall technological advancement, impacting its competitiveness in the digital age and ability to participate fully in the global economy.
Energy Consumption
Analysis of Renewable energy consumption (% of total final energy consumption): Tonga's renewable energy consumption stands at 1.89%, significantly below the attribute average of 32.18%. This places Tonga at a rank of 168 out of 191 countries in the dataset.
Analysis of CO2 emissions (kt): Tonga's CO2 emissions amount to 118.1 kt, far below the attribute average of 171,895.94 kt. Tonga ranks 183 out of 188 countries in CO2 emissions among the dataset.
Summary
Tonga has a low renewable energy consumption of 1.89% compared to the global average of 32.18%, ranking it 168th out of 191 countries. Additionally, Tonga's CO2 emissions are significantly lower at 118.1 kt compared to the global average of 171,895.94 kt, placing Tonga at 183rd out of 188 countries in CO2 emissions. These indicators highlight Tonga's need to invest more in renewable energy sources to reduce its carbon footprint and align with global sustainability goals.
Government Balance Sheet
1. Total reserves (% of total external debt): Tonga's total reserves as a percentage of total external debt stand at 153.64%, significantly higher than the average of 66.13%. This places Tonga at rank 7 out of 102 countries included in the data.
2. Reserves and related items (BoP, current US$): Tonga's value for reserves and related items is $21,689,182.15, much lower than the average of $1,924,407,186.58. Tonga ranks 90 out of 171 countries for this attribute.
3. Total reserves minus gold (current US$): Tonga's total reserves minus gold amount to $298,947,629.79, significantly below the average of $74,221,588,171.61. Tonga is ranked 150 out of 161 countries in this aspect.
4. Total reserves (includes gold, current US$): Tonga's total reserves including gold total $298,947,629.79, which is notably lower than the average of $85,708,019,773.47. Tonga ranks 150 out of 161 countries for this attribute.
5. Total reserves in months of imports: Tonga's reserves in months of imports is 11.03, higher than the average of 7.10 months. This places Tonga at rank 26 out of 151 countries included in the data.
Summary
Tonga stands out for having total reserves significantly exceeding its total external debt, ranking 7th out of 102 countries. However, its reserves and related items, total reserves minus gold, and total reserves including gold are all below average, ranking 90th, 150th, and 150th respectively. Despite this, Tonga's reserves in months of imports are relatively high, ranking 26th out of 151 countries. These statistics are crucial as they indicate Tonga's financial stability, ability to manage external debt, and capacity to meet import demands.
Taxes
The applied weighted mean tariff rate for all products in Tonga is 6.56%, which is above the attribute average of 5.21%. Tonga is ranked 52 out of 153 countries in this attribute.
Summary
Tonga's applied weighted mean tariff rate for all products is 6.56%, exceeding the global average of 5.21%. This places Tonga at the 52nd position out of 153 countries in terms of tariff rates. These findings are significant as they indicate Tonga's trade policies and its position in the global market, impacting the cost of imported goods for its citizens and businesses, as well as influencing its competitiveness and economic relationships with other nations.
Top Stats
Ranks in Top Decile For:
| Attribute | Rank/Total |
|---|---|
| Rural population (% of total population) | 14/190 |
| Final consumption expenditure (% of GDP) | 6/159 |
| Households and NPISHs final consumption expenditure (% of GDP) | 9/158 |
| International tourism, receipts (% of total exports) | 5/120 |
| International tourism, expenditures (% of total imports) | 8/131 |
| Travel services (% of service imports, BoP) | 12/169 |
| Travel services (% of commercial service imports) | 10/169 |
| Total reserves (% of total external debt) | 7/102 |
Ranks in Bottom Decile For:
| Attribute | Rank/Total |
|---|---|
| Population, total | 180/194 |
| Population ages 0-14, total | 176/194 |
| Population ages 15-64, total | 183/194 |
| Population ages 65 and above, total | 186/194 |
| Urban population | 189/194 |
| Urban population (% of total population) | 181/194 |
| Forest area (sq. km) | 177/191 |
| Total fisheries production (metric tons) | 174/182 |
| Industrial design applications, resident, by count | 107/113 |
| Patent applications, nonresidents | 122/129 |
| Trademark applications, nonresident, by count | 120/130 |
| Trademark applications, resident, by count | 127/129 |
| Scientific and technical journal articles | 178/192 |
| Charges for the use of intellectual property, payments (BoP, current US$) | 140/143 |
| GDP (current US$) | 183/189 |
| GDP, PPP (current international $) | 175/181 |
| GNI (current US$) | 178/185 |
| GNI, PPP (current international $) | 175/181 |
| Gross value added at basic prices (GVA) (current US$) | 172/176 |
| Agriculture, forestry, and fishing, value added (current US$) | 167/182 |
| Services, value added (current US$) | 180/183 |
| Industry (including construction), value added (current US$) | 178/183 |
| Manufacturing, value added (current US$) | 168/173 |
| Medium and high-tech manufacturing value added (% manufacturing value added) | 148/149 |
| Inflation, GDP deflator (annual %) | 170/188 |
| Broad money to total reserves ratio | 122/126 |
| Final consumption expenditure (current US$) | 157/159 |
| General government final consumption expenditure (current US$) | 158/158 |
| Household and NPISHs Final consumption expenditure (current US$) | 156/158 |
| Debt service on external debt, total (TDS, current US$) | 122/123 |
| Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) | 120/123 |
| External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$) | 122/123 |
| External debt stocks, total (DOD, current US$) | 123/123 |
| External balance on goods and services (% of GDP) | 159/163 |
| Exports of goods, services and primary income (BoP, current US$) | 165/170 |
| Exports of goods and services (BoP, current US$) | 164/170 |
| Exports of goods and services (current US$) | 158/163 |
| Goods exports (BoP, current US$) | 167/171 |
| Merchandise exports (current US$) | 184/187 |
| Merchandise exports by the reporting economy, residual (% of total merchandise exports) | 155/166 |
| Service exports (BoP, current US$) | 156/171 |
| ICT service exports (BoP, current US$) | 150/166 |
| Commercial service exports (current US$) | 157/171 |
| Imports of goods and services (current US$) | 159/163 |
| Goods imports (BoP, current US$) | 166/171 |
| Imports of goods and services (BoP, current US$) | 165/170 |
| Imports of goods, services and primary income (BoP, current US$) | 165/170 |
| Merchandise imports (current US$) | 183/190 |
| Merchandise imports by the reporting economy, residual (% of total merchandise imports) | 179/180 |
| Service imports (BoP, current US$) | 165/171 |
| Insurance and financial services (% of service imports, BoP) | 162/169 |
| Commercial service imports (current US$) | 165/171 |
| Insurance and financial services (% of commercial service imports) | 163/169 |
| Fixed broadband subscriptions | 172/185 |
| Mobile cellular subscriptions | 184/193 |
| CO2 emissions (kt) | 183/188 |
| Total reserves minus gold (current US$) | 150/161 |
| Total reserves (includes gold, current US$) | 150/161 |