Tonga Inflation Rate
Consumer price inflation, annual % FP.CPI.TOTL.ZG
Tonga's inflation rate was 2.94% in 2025, ranked 102nd globally. This represents a 7.5% decrease from 2024. Data from World Bank, covering 1976–2025.
Overview
Tonga's inflation rate stood at 2.94% in 2025, a decline of +0.24pp from 2024. The IMF projects 2.94% by 2025. Tonga ranked 102nd globally.
Tonga’s inflation rate has settled at 2.94 % in 2025, placing the kingdom at rank 102 globally according to the World Bank. This figure follows a long‑term decline from the all‑time peak of 22.39 % recorded in 1980, a period marked by severe external shocks and fiscal imbalances, and a brief deflationary episode in 2015 when the rate fell to –1.05 %. Over the fifty‑year series, the average pace of price change has moderated considerably, aligning closely with peer small‑state economies such as Equatorial Guinea (2.92 % in 2025) and the Netherlands (2.88 %). The recent stability reflects tighter monetary policy, improved import price management, and modest growth in domestic demand. Continued vigilance over global commodity prices and the resilience of tourism revenues will be decisive in determining whether Tonga can sustain sub‑3 % inflation or face renewed pressure from external shocks.
Data & projection
| Year | Inflation Rate | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 3.24% | - | - |
| 2029* IMF | 3.25% | - | - |
| 2028* IMF | 3.25% | - | - |
| 2027* IMF | 3.18% | - | - |
| 2026* IMF | 2.24% | - | - |
| 2025* IMF | 2.94% | - | - |
| 2025 | 2.94% | −0.24pp | #102 |
| 2024 | 3.18% | −9.37pp | #102 |
| 2023 | 6.35% | −0.20pp | #115 |
| 2022 | 10.97% | +10.38pp | #137 |
| 2021 | 5.64% | +5.40pp | #140 |
| 2020 | -0.35% | −4.50pp | #27 |
| 2019 | 1.18% | −4.91pp | #63 |
| 2018 | 5.03% | −2.17pp | #161 |
| 2017 | 7.52% | +8.14pp | #167 |
| 2016 | 2.58% | +2.52pp | #120 |
| 2015 | -1.05% | −3.34pp | #13 |
| 2014 | 2.51% | +1.84pp | #106 |
| 2013 | 0.78% | −2.51pp | #32 |
| 2012 | 1.15% | −4.87pp | #17 |
| 2011 | 6.27% | +4.60pp | #135 |
Detected Pattern
Analysis
Tonga matched the Fiscal Dominance Trap pattern in 2022. Historically, 72% of countries showing this pattern (278 out of 386) saw inflation rate improve within 24 months. View full analysis →
Frequently Asked Questions
Tonga's inflation rate was 2.94% in 2025. Ranked 102nd globally. This represents a 7.5% decrease from the previous year.
Tonga's inflation rate peaked at 22.39% in 1980.
The lowest inflation rate in Tonga was -1.05% in 2015.
Tonga ranks 102nd globally in inflation rate as of 2025.
The World Bank indicator code is FP.CPI.TOTL.ZG. Data sourced from World Bank.
Tonga's inflation rate is projected to reach 2.94% by 2025 based on IMF projection.
The inflation rate of Tonga in 2025 was 2.94%. This ranks 102nd in the world.
Cite this page
@misc{historysaid_tonga_inflation-rate,
title = {Tonga Inflation Rate},
url = {https://historysaid.com/tonga/inflation-rate/},
publisher = {HistorySaid},
year = {2026}
}