Tonga

Government debt in Tonga

Government debt in Tonga: 38.4% of GDP in 1999 and 31.7% of GDP in 2024, by IMF estimates.

Latest, 2024
31.7% of GDP
Since 1999
−6.7 percentage points
Projected, 2031
65% of GDP
IMF projection (World Economic Outlook, October 2026)

% of GDP · IMF

Government debt in TongaGovernment debt in Tonga: 38.4% of GDP in 1999 and 31.7% of GDP in 2024, by IMF estimates. The IMF projection (World Economic Outlook, October 2026) puts it at 65% of GDP in 2031.
Estimates, IMFIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • The IMF projection (World Economic Outlook, October 2026) puts it at 65% of GDP in 2031.
  • The highest was 60.7% of GDP in 2002, the lowest 31.7% of GDP in 2024.

Every year

% of GDP · IMF

YearTonga
202431.7
202336.9
202240.1
202142.8
202041.6
201941.6
201845.5
201744.7
201649.4
201551.1
201447.4
201348.9
201260.1
201151.9
201044.7
200939.7
200834
200737.8
200639.6
200543.4
200452.3
200356.2
200260.7
200153.4
200043.6
199938.4
IMF projection (World Economic Outlook, October 2026) · 2025–2031
YearTonga
202526.9
202624
202728.4
202835.3
202944.2
203054
203165

Good to know

  • What the government owes, as a share of the economy’s yearly output.
  • Source: IMF, World Economic Outlook, October 2026.
  • The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.

How the layers work, where their data comes from and what they can’t tell you: Countries through time