Budget balance — all countries

Budget balance — Tonga

Budget balance in Tonga in 2031 — -11.6%. Ranked 184 in the world out of 188. Since 1999, the indicator has fallen by 13.1 pp.

2031 -11.6% +0.1 pp vs 2030
World rank 184of 188
Period maximum 6.9%2009
Period minimum -11.7%2030

Trend over time

1999–2031 · % of GDP

Budget balance — Tonga, 1999–2031-15-10-505101999200320072011201520192023202720311999: 1.5%2000: 1.3%2001: 2.2%2002: 2.6%2003: 2.4%2004: 4.2%2005: 4.2%2006: 1.3%2007: 5.4%2008: 2.1%2009: 6.9%2010: -1.2%2011: -6%2012: -1.7%2013: -1.3%2014: 6.4%2015: -2.7%2016: 1.5%2017: 3.6%2018: 2.9%2019: 3.2%2020: 5.1%2021: -0.9%2022: -0.1%2023: 5.3%2024: 3.6%2025: 4.9%2026: -8.4%2027: -8%2028: -9.3%2029: -10.3%2030: -11.7%2031: -11.6%
Change over the period: −13.1 pp Annual average: -0.41 pp

Comparison, 2031

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

Tonga -11.6%
World computed -4.85%
East Asia & Pacific computed -5.66%
Budget balance — Tonga, by year Tonga All countries CSV XLSX
Year % Change, pp
2031 -11.6 +0.1 pp
2030 -11.7 −1.4 pp
2029 -10.3 −1 pp
2028 -9.3 −1.3 pp
2027 -8 +0.4 pp
2026 -8.4 −13.3 pp
2025 4.9 +1.3 pp
2024 3.6 −1.7 pp
2023 5.3 +5.4 pp
2022 -0.1 +0.8 pp
2021 -0.9 −6 pp
2020 5.1 +1.9 pp
2019 3.2 +0.3 pp
2018 2.9 −0.7 pp
2017 3.6 +2.1 pp
2016 1.5 +4.2 pp
2015 -2.7 −9.1 pp
2014 6.4 +7.7 pp
2013 -1.3 +0.4 pp
2012 -1.7 +4.3 pp
2011 -6 −4.8 pp
2010 -1.2 −8.1 pp
2009 6.9 +4.8 pp
2008 2.1 −3.3 pp
2007 5.4 +4.1 pp
2006 1.3 −2.9 pp
2005 4.2 +0 pp
2004 4.2 +1.8 pp
2003 2.4 −0.2 pp
2002 2.6 +0.4 pp
2001 2.2 +0.9 pp
2000 1.3 −0.2 pp
1999 1.5

Polynesia, 2031

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

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

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