External Debt / Tonga
Tonga External Debt
Tonga external debt data with historical trend, latest available year, ranking, source notes and country comparison. Latest value: 35.44%.
COUNTRY: Tonga
UNIT: percent of GDP
SOURCE: World Bank / public data sources
UPDATED: 2026-09-23 09:45:20
GM ECONOMY RATING
Tonga · Economic Stability Rating
Composite rating based on inflation, growth, debt, unemployment and current account.
BB
63 / 100
Moderate stability
Fiscal stability
15.0 / 25
Macroeconomic stability
16.0 / 20
External stability
9.0 / 15
Financial robustness
8.0 / 15
Structural stability
9.0 / 15
Future capacity
8.0 / 10
Demographic capacity
1.0 / 5
Method: GM Economy multi-pillar stability model with structural and financial robustness adjustment. Coverage: 100% of weighted inputs available.
Time range:
Selected year: · Value:
Tonga · external debt data as percent of GDP.
Latest
35.44%
Previous
38.60%
Range avg.
39.02%
Rank
33
Countries by external debt
full rankingGM ECONOMY
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Countries, indicators and comparisons
CountryTonga
IndicatorExternal Debt
35.44%2023 · Rank 33
Chart range
All indicators
Prices & Inflation3
Growth & Output9
Public Finance8
Labor Market6
External Sector5
Monetary & Financial7
Population & Society7
Energy & Environment2
Interpretation
Tonga recorded 35.44% for External Debt in 2023, the latest available observation in this dataset.
Compared with 2022, the indicator decreased by 3.16 percentage points, from 38.60% to 35.44%.
The latest observation is below the average of the last 10 available observations (39.02%).
Across the five latest available observations (2019–2023), the pattern is broadly stable.
Within the last 10 available observations, the low was 35.43% in 2019 and the high was 44.11% in 2014.
Comparison
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