Rank and Economy

Rank of Tonga from the poorest is 79th and from the richest is 124 with gdp per capita national average using atlas method in 2003. In other measurement vide IMF,WB, CIA measured in 2007, 2007, and 2008
IMF........................................WB..................................................CIA
rank/measure.....................rank/measure.....................................rank/measure
109/2,397............................104/2,287.........................................117/1,873

Population:

• 0.1 million

GDP (PPP):

• $0.8 billion
• 1.5% growth
• 0.4% 5-year compound annual growth
• $7,344 per capita

Unemployment:

Inflation (CPI):

• 5.3%

FDI Inflow:

• $10.4 million.

Tonga’s economic freedom score is 56, making its economy the 112th freest in the 2013 Index. Its score has decreased by 1.0 point from last year, reflecting substantial declines in labor freedom and property rights that outweigh modest gains in the control of government spending, fiscal freedom, and freedom from corruption. Tonga is ranked 22nd out of 41 countries in the Asia–Pacific region.
All four pillars of economic freedom in Tonga lack the institutional foundations needed for sustained economic growth. Potential entrepreneurial investment is stifled by a largely opaque regulatory environment, and most economic activity is informal. Property rights are weakly enforced. High levels of corruption unduly burden positive economic activity and hinder private-sector growth. The judicial system deserves much of the blame for these shortfalls because it is often influenced by politics, increasing investment risk and slowing economic growth.
The Tongan economy continues to depend heavily on foreign aid and overseas remittances. The dominance of the public sector has contributed to a low level of economic dynamism despite a workforce that is considered the best educated among the Pacific Island nations. Although trade-weighted average tariffs have dropped, the lack of commitment to dismantling non-tariff barriers and enhancing the investment regime thwarts the emergence of a more dynamic private sector.