Economy of Tonga

Imports
Imports commoditiesfoodstuffs, machinery and transport equipment, fuels, chemicals
Import partnersFiji 35.7%, NZ 24.4%, US 10.5%, China 10.2% (2012)
Exports
Exports commoditiessquash, fish, vanilla beans, root crops
Export partnersSouth Korea 18.5%, US 17%, NZ 15.6%, Fiji 10.2%, Japan 9.5%, Samoa 8.6%, American Samoa 5.4%, Australia 5.1% (2012)
Economy sectors
Agriculture productssquash, coconuts, copra, bananas, vanilla beans, cocoa, coffee, ginger, black pepper; fish
Industrial productstourism, construction, fishing
Economy
Unemployment13.3 % (1996)13.0 % (1970)
GDP - Official Exchange Rate477 Million $ (2013)465 Million $ (2012)423 Million $ (2011)
GDP - Official Exchange Rate of Tonga
GDP growth rate1.00 % (2013)0.70 % (2012)1.50 % (2011)
GDP growth rate of Tonga
GDP per Capita (PPP)8,200 $ (2013)8,000 $ (2012)7,500 $ (2011)
GDP per Capita (PPP) of Tonga
GDP - Purchasing Power Parity846 Million $ (2013)826 Million $ (2012)775 Million $ (2011)
GDP - Purchasing Power Parity of Tonga
GDP PPP per land area1.13 Million $ per square kilometer (2013)1.11 Million $ per square kilometer (2012)1.04 Million $ per square kilometer (2011)
GDP PPP per land area of Tonga
ElectricityBanking
Commercial bank prime lending rate10.9 % (2013)10.4 % (2012)11.2 % (2011)
Commercial bank prime lending rate of Tonga
GDP decomposition by sector
Agriculture % of GDP20.9 % (2013)20.7 % (2012)
Industry % of GDP21.9 % (2013)23.3 % (2012)
Services % of GDP57.2 % (2013)56.0 % (2012)
Tourism
International tourism, number of arrivals49,000 (2012)46,000 (2011)47,000 (2010)
International tourism, number of arrivals of Tonga
Yearly Tourist arrivals to residents ratio46.2 % (2012)43.4 % (2011)45.1 % (2010)
Yearly Tourist arrivals to residents ratio of Tonga
Debt, Current Account Balance and Budget Deficit
Current Account Balance (Percentage of GDP)-20.22 % of GDP (2012)-24.52 % of GDP (2011)-21.43 % of GDP (2010)
Current Account Balance (Percentage of GDP) of Tonga
External Debt Stocks (Percentage of GNI)40.9 % of GNI (2012)43.4 % of GNI (2011)41.2 % of GNI (2010)
External Debt Stocks (Percentage of GNI) of Tonga
Short-term debt (percentage of total external debt)0.02 % of total external debt (2012)0.01 % of total external debt (2011)0.01 % of total external debt (2010)
Short-term debt (percentage of total external debt) of Tonga
Current Account Balance (Total)-43.30 Million $ (2013)-48.50 Million $ (2012)-29.80 Million $ (2011)
Current Account Balance (Total) of Tonga
External Debt (Total)216 Million $ (2013)199 Million $ (2012)114 Million $ (2011)
External Debt (Total) of Tonga
External Debt (Percentage of GDP)45.2 % of GDP (2013)42.7 % of GDP (2012)26.8 % of GDP (2011)
External Debt (Percentage of GDP) of Tonga
External Debt per Capita2,030 $ (2013)1,871 $ (2012)1,072 $ (2011)
External Debt per Capita of Tonga