Reserves in months of imports — all countries

Reserves in months of imports — Tonga

Reserves in months of imports in Tonga in 2024 — 10.8 months. Ranked 10 in the world out of 150. Since 1977, the indicator has risen by 94.8%.

2024 10.8 months −8.91% vs 2023
World rank 10of 150
Period maximum 13.76 months2021
Period minimum 2.9 months2002

Trend over time

1977–2024 · months of imports

Reserves in months of imports — Tonga, 1977–202405101519771982198719921997200220072012201720221977: 5.54 months1978: 5.15 months1979: 5.59 months1980: 5.08 months1981: 3.91 months1982: 4.16 months1983: 5.35 months1984: 7.03 months1985: 7.1 months1986: 5.5 months1987: 6.65 months1988: 5.27 months1989: 4.14 months1990: 5.19 months1991: 5.08 months1992: 5.11 months1993: 6.27 months1994: 4.7 months2001: 3.05 months2002: 2.9 months2003: 4.17 months2004: 5.13 months2005: 3.58 months2006: 3.6 months2007: 4.17 months2008: 3.68 months2009: 4.67 months2010: 5.38 months2011: 6.33 months2012: 6.15 months2013: 6.34 months2014: 7.01 months2015: 7.04 months2016: 7.62 months2017: 7.4 months2018: 7.6 months2019: 7.55 months2020: 10.88 months2021: 13.76 months2022: 13.05 months2023: 11.85 months2024: 10.8 months
Change over the period: +5.25 (+94.83%) Average annual rate: 1.43 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Tonga

Tonga 10.8 months
World 8.8 months
East Asia & Pacific 10.6 months
Upper-middle-income countries computed 8.32 months
Reserves in months of imports — Tonga, by year Tonga All countries CSV XLSX
Year months Change Change, %
2024 10.8 −1.06 −8.91%
2023 11.85 −1.2 −9.17%
2022 13.05 −0.71 −5.19%
2021 13.76 +2.89 +26.57%
2020 10.88 +3.32 +43.97%
2019 7.55 −0.04 −0.55%
2018 7.6 +0.19 +2.6%
2017 7.4 −0.21 −2.79%
2016 7.62 +0.58 +8.22%
2015 7.04 +0.03 +0.46%
2014 7.01 +0.67 +10.55%
2013 6.34 +0.19 +3.01%
2012 6.15 −0.18 −2.77%
2011 6.33 +0.94 +17.5%
2010 5.38 +0.71 +15.23%
2009 4.67 +1 +27.13%
2008 3.68 −0.5 −11.89%
2007 4.17 +0.57 +15.85%
2006 3.6 +0.02 +0.45%
2005 3.58 −1.55 −30.15%
2004 5.13 +0.97 +23.17%
2003 4.17 +1.27 +43.7%
2002 2.9 −0.15 −4.85%
2001 3.05
1994 4.7 −1.57 −25.08%
1993 6.27 +1.16 +22.64%
1992 5.11 +0.03 +0.64%
1991 5.08 −0.1 −2.02%
1990 5.19 +1.05 +25.24%
1989 4.14 −1.13 −21.47%
1988 5.27 −1.38 −20.75%
1987 6.65 +1.15 +20.91%
1986 5.5 −1.59 −22.45%
1985 7.1 +0.07 +1.01%
1984 7.03 +1.68 +31.45%
1983 5.35 +1.19 +28.54%
1982 4.16 +0.25 +6.27%
1981 3.91 −1.16 −22.92%
1980 5.08 −0.51 −9.17%
1979 5.59 +0.44 +8.6%
1978 5.15 −0.4 −7.13%
1977 5.54

Polynesia, 2024

The same indicator for neighboring countries — with links to their pages

TO Tonga 10.8 WS Samoa 9.82

About the indicator

The ratio of international reserves to average monthly imports of goods and services. The commonly accepted minimum benchmark of adequacy is three months of imports; below that level a country becomes vulnerable to external shocks and to a halt in the inflow of capital.

Important: The aggregate is weighted by imports: all of the reserves of a group divided by its average monthly imports. Weighting by population or GDP will not do here — imports are precisely what stands in the denominator of the indicator.

Source: World Economic Outlook (IMF), license IMF open data.