Tonga Government Debt to GDP
General government gross debt as % of GDP GGXWDG_NGDP
Tonga's government debt to gdp was 31.64% in 2025, ranked 148th globally. This represents a 14.4% decrease from 2024. Data from IMF WEO, covering 1999–2025.
Overview
Tonga's government debt to gdp stood at 31.64% in 2025, a decline of +5.32% from 2024. The IMF projects 31.64% by 2025. Tonga ranked 148th globally.
Tonga’s government debt-to‑GDP ratio has fallen sharply over the past 27 years, moving from a high of 60.66 % in 2002 to a trough of 31.64 % in 2025, the lowest level recorded in the series and placing the kingdom at rank 148 globally. The decline reflects a combination of fiscal consolidation and modest economic growth that has reduced the debt burden relative to output. By 2025 Tonga’s ratio of 31.64 % is virtually identical to that of Andorra (31.73 %) and closely matches Chad (31.53 %) and Uzbekistan (31.06 %), signalling convergence with peers that have similarly limited public‑debt pressures. The sustained downward trajectory suggests that, absent major external shocks or a reversal of fiscal discipline, Tonga is likely to maintain a debt profile near the current trough, with any further reductions dependent on continued revenue improvements and restrained borrowing.
Data & projection
| Year | Government Debt to GDP | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 72.92% | - | - |
| 2029* IMF | 62.12% | - | - |
| 2028* IMF | 52.76% | - | - |
| 2027* IMF | 44.61% | - | - |
| 2026* IMF | 37.82% | - | - |
| 2025* IMF | 31.64% | - | - |
| 2025 | 31.64% | −5.32% | #148 |
| 2024 | 36.96% | −6.29% | #46 |
| 2023 | 43.26% | +0.04% | #64 |
| 2022 | 43.22% | +0.17% | #65 |
| 2021 | 43.04% | +0.49% | #53 |
| 2020 | 42.55% | −0.24% | #44 |
| 2019 | 42.80% | −3.03% | #77 |
| 2018 | 45.82% | +1.11% | #87 |
| 2017 | 44.72% | −4.66% | #84 |
| 2016 | 49.38% | −1.73% | #102 |
| 2015 | 51.12% | +3.76% | #112 |
| 2014 | 47.36% | −1.56% | #116 |
| 2013 | 48.92% | −11.13% | #123 |
| 2012 | 60.05% | +8.19% | #144 |
| 2011 | 51.85% | +7.12% | #133 |
Detected Pattern
Analysis
Tonga matched the Fiscal Dominance Trap pattern in 2022. Historically, 72% of countries showing this pattern (278 out of 386) saw government debt to gdp improve within 24 months. View full analysis →
Frequently Asked Questions
Tonga's government debt to gdp was 31.64% in 2025. Ranked 148th globally. This represents a 14.4% decrease from the previous year.
Tonga's government debt to gdp peaked at 60.66% in 2002.
The lowest government debt to gdp in Tonga was 31.64% in 2025.
Tonga ranks 148th globally in government debt to gdp as of 2025.
The World Bank indicator code is GGXWDG_NGDP. Data sourced from IMF WEO.
Tonga's government debt to gdp is projected to reach 31.64% by 2025 based on IMF projection.
The government debt to gdp of Tonga in 2025 was 31.64%. This ranks 148th in the world.
Cite this page
@misc{historysaid_tonga_government-debt-to-gdp,
title = {Tonga Government Debt to GDP},
url = {https://historysaid.com/tonga/government-debt-to-gdp/},
publisher = {HistorySaid},
year = {2026}
}