Tonga Inflation Rate 1976-2024

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
  • Tonga inflation rate for 2023 was 6.35%, a 4.62% decline from 2022.
  • Tonga inflation rate for 2022 was 10.97%, a 5.33% increase from 2021.
  • Tonga inflation rate for 2021 was 5.64%, a 5.99% increase from 2020.
  • Tonga inflation rate for 2020 was -0.35%, a 1.53% decline from 2019.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Lebanon 221.34%
Turkey 53.86%
Iran 44.58%
Kazakhstan 14.73%
Serbia 12.37%
Colombia 11.74%
Romania 10.40%
Bulgaria 9.44%
North Macedonia 9.36%
Algeria 9.32%
Azerbaijan 8.79%
Montenegro 8.58%
Samoa 8.12%
Mauritius 7.05%
Jamaica 6.47%
Peru 6.46%
Tonga 6.35%
Guatemala 6.21%
South Africa 6.07%
Namibia 5.88%
Mexico 5.53%
Botswana 5.07%
Belarus 5.00%
Dominican Republic 4.79%
Paraguay 4.63%
Brazil 4.59%
St. Vincent and the Grenadines 4.56%
Belize 4.39%
St. Lucia 4.07%
Gabon 3.63%
Dominica 3.48%
Maldives 2.93%
Guyana 2.82%
Grenada 2.70%
Malaysia 2.49%
Libya 2.37%
Ecuador 2.22%
Jordan 2.08%
Armenia 1.98%
Thailand 1.23%
Costa Rica 0.53%
China 0.23%
Tonga Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2023 6.35% -4.62%
2022 10.97% 5.33%
2021 5.64% 5.99%
2020 -0.35% -1.53%
2019 1.18% -3.85%
2018 5.03% -2.49%
2017 7.52% 4.94%
2016 2.58% 3.63%
2015 -1.05% -3.56%
2014 2.51% 1.74%
2013 0.78% -0.37%
2012 1.15% -5.12%
2011 6.27% 2.74%
2010 3.53% 2.11%
2009 1.43% -9.02%
2008 10.45% 4.60%
2007 5.84% -0.31%
2006 6.15% -2.52%
2005 8.67% -2.31%
2004 10.97% -0.67%
2003 11.64% 1.28%
2002 10.36% 2.07%
2001 8.29% 1.96%
2000 6.33% 1.86%
1999 4.46% 1.19%
1998 3.27% 1.15%
1997 2.12% -0.87%
1996 3.00% 1.54%
1995 1.46% 0.45%
1994 1.01% 0.05%
1993 0.96% -6.98%
1992 7.94% -2.66%
1991 10.60% 0.89%
1990 9.71% 5.64%
1989 4.07% -5.85%
1988 9.92% 5.24%
1987 4.69% -16.99%
1986 21.67% 4.91%
1985 16.77% 16.66%
1984 0.11% -9.71%
1983 9.81% -1.02%
1982 10.84% -4.06%
1981 14.90% -7.49%
1980 22.39% 16.93%
1979 5.46% -4.12%
1978 9.58% -7.95%
1977 17.54% 10.43%
1976 7.11% 10.43%