Share of government expenditure going to interest payments in Tonga

Tonga: Share of government expenditure going to interest payments was 1.69 in 2023. ▼ Falling

Latest (2023)
1.69
Change on year
up 36.7%
World rank
129th
of 152 countries
All-time high
3.3
in 2013
All-time low
0.9675
in 2021
Years of data
11
2013–2023

Share of government expenditure going to interest payments in Tonga, 2013–2023

11.522.533.52013201820232013: 3.32014: 2.92015: 2.82016: 2.72017: 2.52018: 2.52019: 2.32020: 2.22021: 0.9682022: 1.22023: 1.7

Source: Our World in Data.

Analysis

In 2023, share of government expenditure going to interest payments in Tonga stood at 1.69.

Compared with earlier readings it is up 36.7% on the previous year and down 48.7% over ten years.

Over the whole period, share of government expenditure going to interest payments in Tonga peaked at 3.3 in 2013 and was at its lowest, 0.9675, in 2021.

Tonga ranks 129th of 152 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 11 years of available data.

Share of government expenditure going to interest payments in Tonga, year by year

Annual values for Share of government expenditure going to interest payments in Tonga, 2013 to 2023.
Year Value Change
2013 3.3
2014 2.94 -10.8%
2015 2.79 -5.1%
2016 2.7 -3.2%
2017 2.55 -5.7%
2018 2.46 -3.6%
2019 2.28 -7.4%
2020 2.23 -1.9%
2021 0.9675 -56.7%
2022 1.24 +28.0%
2023 1.69 +36.7%

Averages by decade

DecadeAverage LowestHighest Years
2010s 2.72 2.28 3.3 7
2020s 1.53 0.9675 2.23 4

Countries ranked near Tonga

  1. 126 Finland 2 compare
  2. 127 Bhutan 1.9 compare
  3. 128 Latvia 1.86 compare
  4. 130 Samoa 1.66 compare
  5. 131 Netherlands 1.59 compare
  6. 132 Norway 1.56 compare

See the full ranking of 152 places →

More reference data data for Tonga

All data for Tonga →

Frequently asked questions

What is share of government expenditure going to interest payments in Tonga?
Share of government expenditure going to interest payments in Tonga was 1.69 in 2023, according to Our World in Data.
What is the highest share of government expenditure going to interest payments recorded in Tonga?
The highest recorded value was 3.3 in 2013.
What is the lowest share of government expenditure going to interest payments recorded in Tonga?
The lowest recorded value was 0.9675 in 2021.
How does Tonga rank for share of government expenditure going to interest payments?
Tonga ranks 129th out of 152 countries with data for 2023.
Is share of government expenditure going to interest payments rising or falling in Tonga?
Over the last ten years it is down 48.7%. The long-run trend across the full record is falling.
Where does this Tonga data come from?
The figures come from Our World in Data, published as part of Share of government expenditure going to interest payments. Statizoid updates them automatically from the source API.

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Share of government expenditure going to interest payments in Tonga. Statizoid, drawing on Our World in Data. Retrieved 22 August 2026, from https://reference.statizoid.com/stat/share-of-government-expenditure-going-to-interest-payments/tonga/

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About this data

Indicator
Share of government expenditure going to interest payments
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
152 places, 4,278 data points, 1972–2024
Last refreshed