Insurance and financial services (% of commercial service imports) in Tonga
Tonga: Insurance and financial services (% of commercial service imports) was 2.7% in 2025. ▼ Falling
Insurance and financial services in Tonga, 1971–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service imports.
Analysis
Tonga recorded 2.7% for insurance and financial services in 2025.
That represents a change of down 7.1% on the previous year and up 54.5% over ten years.
Over the whole period, insurance and financial services in Tonga peaked at 10.7% in 2007 and was at its lowest, 1.1%, in 2022.
Tonga ranks 161st of 197 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 47 years of available data.
Insurance and financial services (% of commercial service imports) in Tonga, year by year
| Year | % of commercial service imports | Change |
|---|---|---|
| 1971 | 7.9% | — |
| 1972 | 6.4% | -18.7% |
| 1973 | 6.4% | -0.6% |
| 1974 | 6.4% | -0.3% |
| 1975 | 6.8% | +7.5% |
| 1976 | 5.3% | -22.4% |
| 1977 | 4.3% | -19.8% |
| 1978 | 6.0% | +41.8% |
| 1979 | 6.7% | +11.1% |
| 1980 | 4.4% | -33.9% |
| 1981 | 6.2% | +40.2% |
| 1982 | 6.0% | -3.9% |
| 1983 | 5.5% | -8.4% |
| 1984 | 5.0% | -9.0% |
| 1985 | 3.9% | -22.0% |
| 1986 | 5.2% | +32.9% |
| 1987 | 4.8% | -6.2% |
| 1988 | 4.0% | -17.3% |
| 1989 | 4.9% | +23.3% |
| 1990 | 5.2% | +5.5% |
| 1991 | 5.5% | +5.0% |
| 1992 | 5.3% | -3.8% |
| 1993 | 6.5% | +23.0% |
| 1994 | 6.0% | -7.8% |
| 2003 | 1.5% | -74.7% |
| 2004 | 7.7% | +406.5% |
| 2005 | 10.0% | +30.9% |
| 2006 | 9.8% | -2.6% |
| 2007 | 10.7% | +9.7% |
| 2008 | 6.1% | -42.9% |
| 2009 | 7.1% | +16.2% |
| 2010 | 5.0% | -29.4% |
| 2011 | 6.2% | +24.1% |
| 2012 | 7.7% | +23.7% |
| 2013 | 7.8% | +0.8% |
| 2014 | 7.2% | -7.7% |
| 2015 | 1.7% | -76.1% |
| 2016 | 2.1% | +24.4% |
| 2017 | 1.5% | -27.6% |
| 2018 | 1.6% | +3.4% |
| 2019 | 1.3% | -20.5% |
| 2020 | 1.4% | +7.0% |
| 2021 | 1.8% | +31.5% |
| 2022 | 1.1% | -38.4% |
| 2023 | 2.3% | +112.3% |
| 2024 | 2.9% | +22.1% |
| 2025 | 2.7% | -7.1% |
Tonga compared with similar countries
- Tonga's 2.7% is below the median for upper middle income countries, which is 6.4%, 42% of the median. (55 countries reporting)
- Tonga's 2.7% is below the median for East Asia & Pacific, which is 5.2%, 51% of the median. (32 countries reporting)
Biggest year-on-year movements
Years where Insurance and financial services (% of commercial service imports) in Tonga changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2004 | +406.5% | 1.5% | 7.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.3% | 4.3% | 7.9% | 9 |
| 1980s | 5.0% | 3.9% | 6.2% | 10 |
| 1990s | 5.7% | 5.2% | 6.5% | 5 |
| 2000s | 7.6% | 1.5% | 10.7% | 7 |
| 2010s | 4.2% | 1.3% | 7.8% | 10 |
| 2020s | 2.0% | 1.1% | 2.9% | 6 |
Countries ranked near Tonga
More private sector data for Tonga
- Merchandise trade 39.5% (2025)
- Food imports 29.9% (2025)
- Manufactures imports 48.5% (2025)
- Merchandise imports 255.00 million current US$ (2025)
- Commercial service imports 169.35 million current US$ (2025)
- Food exports 15.0% (2025)
- Manufactures exports 84.2% (2025)
- Merchandise exports 13.00 million current US$ (2025)
- Commercial service exports 102.80 million current US$ (2025)
- Merchandise exports (current US$), per capita 125.31 current US$ per person (2025)
Frequently asked questions
- What is insurance and financial services in Tonga?
- Insurance and financial services in Tonga was 2.7% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest insurance and financial services recorded in Tonga?
- The highest recorded value was 10.7% in 2007.
- What is the lowest insurance and financial services recorded in Tonga?
- The lowest recorded value was 1.1% in 2022.
- How does Tonga rank for insurance and financial services?
- Tonga ranks 161st out of 197 countries with data for 2025.
- Is insurance and financial services rising or falling in Tonga?
- Over the last ten years it is up 54.5%. The long-run trend across the full record is falling.
- Where does this Tonga data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Insurance and financial services (% of commercial service imports). Statizoid updates them automatically from the source API.
Download this data
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About this data
Financial services covers services related to financial intermediation, financial risk management, liquidity transformation or auxiliary financial activities. It also includes insurance and pension scheme services which are services related to providing life insurance and annuities, non-life insurance, reinsurance, pensions, standardised guarantees and auxiliary services to insurance, pension schemes, and standardised guarantee schemes. This indicator is expressed as a percentage of service imports which are commercial services provided by non-residents to residents.