to Tonga 2020

Detailed economic analysis and indicators for 2020

Year 2020

Key Economic Indicators (2020)

GDP (Current USD)

$496.86 million

↑ 0.54% vs 2019
GDP per Capita

$4,700.45

↑ 0.50% vs 2019
GDP Growth (Annual %)

1.78%

↑ 1.99pp vs 2019
Inflation Rate (CPI %)

-0.35%

↓ 1.53pp vs 2019

Year-over-Year Comparison

Indicator 2019 2020 Change
GDP (Current USD) $494.20 million $496.86 million +0.54%
GDP per Capita $4,676.85 $4,700.45 +0.50%
GDP Growth (Annual %) -0.21% 1.78% +1.99pp
Inflation (CPI %) 1.18% -0.35% -1.53pp
Unemployment Rate (%) 2.16% 2.70% +0.54pp

All Economic Indicators (2020)

National Accounts
GDP (Current USD)
$496.86 million
GDP per Capita
$4,700.45
GDP Growth (Annual %)
1.78%
Gross National Income
$532.61 million
Prices & Employment
Inflation (CPI %)
-0.35%
Inflation (GDP Deflator %)
0.44%
Unemployment Rate (%)
2.70%
Interest Rate (Real %)
7.36%
Trade & Investment
Exports (Goods & Services)
N/A
Imports (Goods & Services)
N/A
FDI Inflow
N/A
FDI Outflow
N/A
Balance & Debt
Current Account Balance (% GDP)
-5.73%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2020, Tonga's Gross Domestic Product (GDP) is $496.86 million. This represents the total value of goods and services produced in the country.

The GDP per capita in Tonga for 2020 is $4,700.45. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Tonga for 2020 is -0.35%. This measures the annual percentage change in the cost of consumer goods and services.

Tonga's annual GDP growth rate for 2020 is 1.78%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Tonga for 2020 is 2.70%. This represents the percentage of the labor force that is unemployed and actively seeking employment.