Tonga - External balance on goods and services

External balance on goods and services (current US$)

The latest value for External balance on goods and services (current US$) in Tonga was ($211,714,400) as of 2020. Over the past 45 years, the value for this indicator has fluctuated between ($7,958,306) in 1977 and ($221,320,500) in 2019.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.

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

See also:

Year Value
1975 ($9,585,679)
1976 ($8,919,223)
1977 ($7,958,306)
1978 ($16,245,850)
1979 ($19,530,630)
1980 ($20,055,800)
1981 ($26,060,680)
1982 ($22,988,130)
1983 ($30,744,140)
1984 ($23,352,350)
1985 ($25,285,980)
1986 ($30,117,650)
1987 ($27,504,550)
1988 ($46,942,660)
1989 ($40,094,560)
1990 ($35,460,720)
1991 ($49,780,960)
1992 ($34,742,040)
1993 ($38,299,860)
1994 ($56,033,180)
1995 ($77,702,420)
1996 ($83,497,040)
1997 ($64,776,420)
1998 ($74,908,310)
1999 ($39,161,810)
2000 ($49,739,120)
2001 ($58,204,480)
2002 ($67,626,250)
2003 ($75,431,420)
2004 ($85,455,980)
2005 ($102,161,700)
2006 ($109,178,500)
2007 ($137,320,900)
2008 ($126,575,200)
2009 ($158,979,000)
2010 ($176,760,800)
2011 ($191,959,600)
2012 ($206,636,700)
2013 ($190,309,900)
2014 ($180,264,300)
2015 ($207,712,100)
2016 ($174,921,500)
2017 ($200,971,600)
2018 ($218,885,500)
2019 ($221,320,500)
2020 ($211,714,400)

External balance on goods and services (current LCU)

The value for External balance on goods and services (current LCU) in Tonga was -489,081,400 as of 2020. As the graph below shows, over the past 45 years this indicator reached a maximum value of -7,176,800 in 1977 and a minimum value of -502,818,000 in 2019.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current local currency.

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

Year Value
1975 -7,322,500
1976 -7,298,600
1977 -7,176,800
1978 -14,194,000
1979 -17,472,100
1980 -17,613,000
1981 -22,678,000
1982 -22,664,000
1983 -34,126,000
1984 -26,610,000
1985 -36,207,000
1986 -45,056,000
1987 -39,282,000
1988 -54,937,000
1989 -50,459,000
1990 -45,950,000
1991 -64,546,000
1992 -46,801,000
1993 -53,007,000
1994 -73,975,000
1995 -98,752,000
1996 -102,860,000
1997 -81,845,000
1998 -111,763,200
1999 -61,981,400
2000 -81,527,400
2001 -113,917,800
2002 -147,411,700
2003 -165,609,700
2004 -174,817,300
2005 -198,020,000
2006 -219,328,600
2007 -275,012,600
2008 -240,594,100
2009 -331,582,600
2010 -340,954,000
2011 -351,689,200
2012 -350,228,600
2013 -329,959,200
2014 -326,693,000
2015 -403,605,400
2016 -387,905,900
2017 -444,247,700
2018 -480,191,100
2019 -502,818,000
2020 -489,081,400

External balance on goods and services (% of GDP)

External balance on goods and services (% of GDP) in Tonga was -43.31 as of 2020. Its highest value over the past 45 years was -19.66 in 1999, while its lowest value was -50.89 in 2009.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).

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

See also:

Year Value
1975 -29.49
1976 -29.69
1977 -23.31
1978 -39.08
1979 -43.72
1980 -37.66
1981 -41.87
1982 -37.04
1983 -50.51
1984 -36.35
1985 -42.10
1986 -44.16
1987 -33.68
1988 -44.01
1989 -37.70
1990 -31.23
1991 -37.66
1992 -25.35
1993 -27.66
1994 -28.59
1995 -37.20
1996 -37.59
1997 -30.13
1998 -39.12
1999 -19.66
2000 -24.28
2001 -32.14
2002 -37.00
2003 -37.30
2004 -37.05
2005 -39.02
2006 -37.36
2007 -46.00
2008 -36.75
2009 -50.89
2010 -48.18
2011 -46.31
2012 -43.90
2013 -42.23
2014 -40.98
2015 -47.53
2016 -41.59
2017 -43.65
2018 -44.74
2019 -43.20
2020 -43.31

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts