Tonga GDPTonga GDPTonga GDP

Tonga GDP

No trades

Key data points


Last release
Observation period
2023
Next release
Forecast
Highest
‪520.00 M‬USD on Dec 31, 2022
Lowest
‪30.00 M‬USD on Dec 31, 1977

About Tonga GDP


Category
GDP
Frequency
Annual
Units
USD
The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.

Tonga in figures — see more economic indicators tied to TOGDP.

Frequently Asked Questions


One of the ways to count Tonga GDP is to add up its consumer spending, business investment, government spending, and net exports.
In 2023 Tonga GDP was 510 M USD, and the year before it reached 520 M USD.
Tonga GDP accounts for 0.000458% of the world GDP.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
The highest figure Tonga GDP has ever reached is 520 M USD.
The lowest ever value Tonga GDP has reached is 30 M USD.