TONGA

Country risk rating

D4

HIGH RISK for enterprise

  • Economic risk

  • Business environment risk

  • Political risk

  • Commercial risk

  • Financing risk

Swipe to view more

GDP USD0.45bn (World ranking 198, World Bank 2018)
Population 0.1mn (World ranking 192, World Bank 2018)
Form of state Constitutional Monarchy
Head of government Semisi SIKA (acting Prime Minister)
Next elections 2020, legislative
  • A pro-business political environment
  • Well-educated, English-speaking workforce
  • Vulnerability to natural disasters (cyclones, earthquakes)
  • Very small population with high levels of poverty and unemployment
  • Persistently large current account deficits
  • High dependency on foreign assistance from Australia, China and New Zealand
Contact

Contact Euler Hermes

Economic Research Team

research@eulerhermes.com

VIEW OUR SOLUTION