Tonga: Short-term external debt

* indicates monthly or quarterly data series
 Tonga

Short-term debt, percent of total external debt

 Latest value 0.00
 Year 2023
 Measure percent
 Data availability 1985 - 2023
 Average 1.17
 Min - Max 0.00 - 17.19
 Source The World Bank
The latest value from 2023 is 0 percent, unchanged from 0 percent in 2022. In comparison, the world average is 11.22 percent, based on data from 118 countries. Historically, the average for Tonga from 1985 to 2023 is 1.17 percent. The minimum value, 0 percent, was reached in 2007 while the maximum of 17.19 percent was recorded in 1990. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Tonga - Short-term external debt - Recent values chart

Historical series
Tonga - Short-term external debt - historical chart - 1985-2023




Definition: Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

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 Related indicators Latest Reference Measure
 Terms of trade 98.03 2021 percent
 Trade openness 75.32 2022 percent
 Financial openness -1.242 2021 index points
 Exports, percent of GDP 12.52 2021 percent
 Exports, billion dollars 0.06 2022 billion U.S. dollars
 Growth of exports -48.85 2021 percent
 Imports, percent of GDP 60.84 2021 percent
 Imports, billion dollars 0.33 2022 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 1.50 2022 percent
 Foreign Direct Investment, billion dollars 0.00 2023 billion U.S. dollars
 Portfolio investment inflows, equities 0.00 2023 million dollars (current)
 Current account, percent of GDP -5.16 2022 percent
 Current account, in dollars -0.03 2023 billion U.S. dollars
 Trade balance, percent of GDP -48.32 2021 percent
 Trade balance, in dollars -0.29 2023 billion U.S. dollars
 Reserves 0.40 2023 billion U.S. dollars
 Remittances, percent of GDP 45.03 2022 percent
 Remittances 222.00 2023 million U.S. dollars
 Net errors and omissions -17.77 2023 million USD
 External debt 45.14 2021 percent
 Short-term external debt 0.00 2023 percent
 Short-term debt to reserves 0.00 2023 percent
 Foreign exchange reserves 0.89 9/2024 billion
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