Tonga - Inflation

Inflation, consumer prices (annual %)

The value for Inflation, consumer prices (annual %) in Tonga was -0.35 as of 2020. As the graph below shows, over the past 44 years this indicator reached a maximum value of 22.39 in 1980 and a minimum value of -1.05 in 2015.

Definition: Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1976 7.11
1977 17.54
1978 9.58
1979 5.46
1980 22.39
1981 14.90
1982 10.84
1983 9.81
1984 0.11
1985 16.77
1986 21.67
1987 4.69
1988 9.92
1989 4.07
1990 9.71
1991 10.60
1992 7.94
1993 0.96
1994 1.01
1995 1.46
1996 3.00
1997 2.12
1998 3.27
1999 4.46
2000 6.33
2001 8.29
2002 10.36
2003 11.64
2004 10.97
2005 8.67
2006 6.15
2007 5.84
2008 10.45
2009 1.43
2010 3.53
2011 6.27
2012 1.15
2013 0.78
2014 2.51
2015 -1.05
2016 2.58
2017 7.52
2018 5.03
2019 1.18
2020 -0.35

Inflation, GDP deflator (annual %)

The value for Inflation, GDP deflator (annual %) in Tonga was -3.62 as of 2020. As the graph below shows, over the past 38 years this indicator reached a maximum value of 28.63 in 1994 and a minimum value of -4.46 in 1995.

Definition: Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1982 7.87
1983 8.26
1984 6.51
1985 10.24
1986 16.17
1987 11.01
1988 9.07
1989 6.81
1990 12.25
1991 9.46
1992 7.45
1993 0.07
1994 28.63
1995 -4.46
1996 1.24
1997 -1.92
1998 2.66
1999 6.40
2000 5.57
2001 1.76
2002 7.19
2003 8.94
2004 8.89
2005 7.45
2006 15.86
2007 1.56
2008 4.54
2009 4.97
2010 7.74
2011 0.48
2012 4.19
2013 -2.37
2014 0.01
2015 5.28
2016 3.05
2017 5.61
2018 5.15
2019 7.66
2020 -3.62

Inflation, GDP deflator: linked series (annual %)

The latest value for Inflation, GDP deflator: linked series (annual %) in Tonga was -3.62 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 27.17 in 1994 and -4.46 in 1995.

Definition: Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years.

Source: World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.

See also:

Year Value
1990 12.25
1991 9.46
1992 7.45
1993 0.07
1994 27.17
1995 -4.46
1996 1.24
1997 -1.92
1998 2.66
1999 6.40
2000 5.57
2001 1.76
2002 7.19
2003 8.94
2004 8.89
2005 7.45
2006 15.86
2007 1.56
2008 4.54
2009 4.97
2010 7.74
2011 0.48
2012 4.19
2013 -2.37
2014 0.01
2015 5.28
2016 3.05
2017 5.61
2018 5.15
2019 7.66
2020 -3.62

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices