Current Account Balance in Tonga
In the decade to 2021, Tonga's current account balance averaged -7.3% of GDP. The 2021 reading was -4.0% of GDP. For more current account information, visit our dedicated page.
Tonga Current Account Chart
Note: This chart displays Current Account (% of GDP) for Tonga from 2012 to 2021.
Source: Macrobond.
Tonga Current Account Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Current Account Balance (% of GDP) | -0.9 | -5.4 | -4.0 | - | - |
| Current Account Balance (USD bn) | 0.0 | 0.0 | 0.0 | - | - |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Tongan current account projections for the next ten years from a panel of 1 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable current account forecast available for Tongan current account.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Tongan current account projections.
Want to get access to the full dataset of Tongan current account forecasts? Send an email to info@focus-economics.com.