Tonga: Economy
Tonga’s economy grew by an estimated 3.1% in 2016, led by recovery in agriculture and construction, as well as strong private demand. This continues a trend since FY2013 of growth supported by post-disaster reconstruction, improved tourism, and strong recovery in remittances and private sector lending. Read more from Asian Development Outlook 2017
Economic forecasts for Pacific countries
| Country | 2017f | 2018f |
|---|---|---|
| Cook Islands | 5.0 | 5.0 |
| Fiji | 3.5 | 4.0 |
| Kiribati | 2.0 | 1.5 |
| Marshall Islands | 4.0 | 2.5 |
| Micronesia, Federated States of | 2.5 | 2.5 |
| Nauru | 4.3 | –4.5 |
| Palau | 3.0 | 5.5 |
| Papua New Guinea | 2.5 | 2.8 |
| Samoa | 2.0 | 1.5 |
| Solomon Islands | 3.0 | 2.8 |
| Timor-Leste | 4.0 | 6.0 |
| Tonga | 2.6 | 2.6 |
| Tuvalu | 3.0 | 3.0 |
| Vanuatu | 4.3 | 3.8 |
| Average | 2.9 | 3.3 |
| Country | 2017f | 2018f |
|---|---|---|
| Cook Islands | 0.5 | 1.2 |
| Fiji | 2.5 | 2.5 |
| Kiribati | 2.0 | 2.0 |
| Marshall Islands | 1.5 | 1.5 |
| Micronesia, Federated States of | 1.5 | 2.0 |
| Nauru | 5.7 | 1.8 |
| Palau | 1.5 | 2.0 |
| Papua New Guinea | 7.5 | 7.5 |
| Samoa | 2.0 | 2.0 |
| Solomon Islands | 1.8 | 2.2 |
| Timor-Leste | 1.2 | 3.0 |
| Tonga | 2.5 | 2.5 |
| Tuvalu | 2.0 | 2.0 |
| Vanuatu | 2.4 | 2.6 |
| Average | 5.4 | 5.4 |
| Country | 2017f | 2018f |
|---|---|---|
| Cook Islands | 24.5 | 21.0 |
| Fiji | 3.5 | 3.0 |
| Kiribati | –2.4 | –1.5 |
| Marshall Islands | 4.0 | 4.5 |
| Micronesia, Federated States of | 4.5 | 4.5 |
| Nauru | ... | ... |
| Palau | –12.5 | –15.0 |
| Papua New Guinea | 7.7 | 6.7 |
| Samoa | –4.9 | –2.8 |
| Solomon Islands | –8.3 | –10.7 |
| Timor-Leste | –12.2 | –40.2 |
| Tonga | –7.7 | –11.9 |
| Tuvalu | –20.8 | –25.4 |
| Vanuatu | –17.7 | –15.0 |
| Average | 3.0 | –0.5 |
… = no data available, f = forecast number.
Source: Asian Development Outlook 2017