Tonga Foreign Reserves
Total reserves including gold FI.RES.TOTL.CD
Tonga's foreign reserves was $419.5M in 2025, ranked 156th globally. This represents a 11.2% increase from 2024. Data from World Bank, covering 1977–2025.
Overview
Tonga's foreign reserves stood at $419.5M in 2025, a rise of +$42.2M from 2024. Based on recent trends, this figure is projected to reach $419.5M by 2025. Tonga ranked 156th globally.
Tonga’s foreign exchange reserves have expanded dramatically over the 49‑year series, rising from a low of 9,001,000.00 in 1977 to a peak of 419,456,628.10 in 2025, placing the kingdom at rank 156 globally. This growth reflects sustained fiscal consolidation, modest external borrowing and remittance inflows that have bolstered the balance of payments. By comparison, peer small‑state economies such as Antigua and Barbuda hold 422,762,412.67 and Grenada 462,874,839.79, indicating that Tonga’s reserve stock is broadly comparable within the Caribbean‑Pacific grouping, though still below the latter’s higher level. The upward trajectory suggests an improving capacity to meet import needs and service external debt, yet the modest size relative to regional peers underscores vulnerability to external shocks, particularly commodity price swings and climate‑related disruptions. Continued diversification of export earnings and prudent reserve management will be crucial to sustain the positive trend and mitigate potential reversals.
Data & projection
| Year | Foreign Reserves | YoY change | Rank |
|---|---|---|---|
| 2027* trend | $457.7M | - | - |
| 2026* trend | $438.6M | - | - |
| 2025* trend | $419.5M | - | - |
| 2025 | $419.5M | +$42.2M | #156 |
| 2024 | $377.3M | −$19.2M | #128 |
| 2023 | $396.5M | +$21.0M | #155 |
| 2022 | $375.6M | +$13.8M | #156 |
| 2021 | $361.8M | +$62.9M | #157 |
| 2020 | $298.9M | +$80.5M | #158 |
| 2019 | $218.4M | +$3.3M | #162 |
| 2018 | $215.1M | +$16.6M | #160 |
| 2017 | $198.5M | +$22.0M | #164 |
| 2016 | $176.5M | +$20.4M | #163 |
| 2015 | $156.1M | −$2.7M | #167 |
| 2014 | $158.8M | +$3.3M | #168 |
| 2013 | $155.5M | +$3.1M | #167 |
| 2012 | $152.4M | +$9.1M | #166 |
| 2011 | $143.3M | +$38.8M | #165 |
Detected Pattern
Analysis
Tonga matched the Fiscal Dominance Trap pattern in 2022. Historically, 72% of countries showing this pattern (278 out of 386) saw foreign reserves improve within 24 months. View full analysis →
Frequently Asked Questions
Tonga's foreign reserves was $419.5M in 2025. Ranked 156th globally. This represents a 11.2% increase from the previous year.
Tonga's foreign reserves peaked at $419.5M in 2025.
The lowest foreign reserves in Tonga was $9.0M in 1977.
Tonga ranks 156th globally in foreign reserves as of 2025.
The World Bank indicator code is FI.RES.TOTL.CD. Data sourced from World Bank.
Tonga's foreign reserves is projected to reach $419.5M by 2025 based on trend extrapolation.
Tonga's foreign reserves was approximately 419.46 million ($419.5M) in 2025.
The foreign reserves of Tonga in 2025 was $419.5M. This ranks 156th in the world.
Cite this page
@misc{historysaid_tonga_reserves,
title = {Tonga Foreign Reserves},
url = {https://historysaid.com/tonga/reserves/},
publisher = {HistorySaid},
year = {2026}
}