Tonga: Economy

Tonga achieved higher growth in 2015 as low oil prices helped boost activity in the transport and energy sectors, and as implementation of public infrastructure projects improved. Read more from Asian Development Outlook 2016 Update


Economic forecasts for Pacific countries

Country 2016 2017
Cook Islands 4.2 4.0
Fiji 2.4 4.5
Kiribati 1.8 1.5
Marshall Islands 1.5 2.0
Micronesia, Federated States of 2.0 2.5
Nauru 3.0 15.0
Palau 2.0 5.0
Papua New Guinea 2.2 3.0
Samoa 5.0 2.0
Solomon Islands 2.7 2.5
Timor-Leste 5.0 5.5
Tonga 3.1 2.6
Tuvalu 3.0 3.0
Vanuatu 3.5 3.8
Average 2.7 3.5
Country 2016 2017
Cook Islands 0.7 2.0
Fiji 3.5 3.0
Kiribati 0.7 2.0
Marshall Islands -1.3 1.0
Micronesia, Federated States of -0.3 1.5
Nauru 6.6 1.7
Palau 1.5 2.5
Papua New Guinea 6.5 7.5
Samoa 0.1 2.0
Solomon Islands 3.3 4.5
Timor-Leste 1.2 3.0
Tonga 2.0 1.9
Tuvalu 2.0 2.0
Vanuatu 1.9 2.4
Average 4.7 5.5
Country 2016 2017
Cook Islands 37.3 41.3
Fiji -7.0 -1.2
Kiribati -7.0 -2.6
Marshall Islands 10.0 8.9
Micronesia, Federated States of 3.8 2.0
Nauru ... ...
Palau -2.3 -1.3
Papua New Guinea 7.9 9.0
Samoa -3.9 -5.3
Solomon Islands -4.4 -6.1
Timor-Leste 36.1 10.2
Tonga -6.0 -7.6
Tuvalu -1.2 -18.7
Vanuatu -15.0 -13.5
Average 7.2 5.8

… = no data available.

Source: Asian Development Outlook 2016 Update

 

 
This page was generated from https://www.adb.org/countries/tonga/economy on 27 September 2016