Inflation Tonga 2020
Average inflation: -0.4%
Current Inflation
There is deflation with consumer prices declining by 0.4%.
Peak and Trough
The highest inflation was in April at 1.3%. The lowest inflation was in August at -1.7%.
- Highest month
- April: 1.3%
- Lowest month
- August: -1.7%
- Difference
- 3.0 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 3.6% lower than the 5-year average of 3.2%.
- 5-year average
- 3.2%
- 10-year average
- 2.6%
- All-time high (2008)
- 10.5%
- All-time low (2015)
- -1%
Trend
Inflation shows a downward trend. Compared to 2019, inflation has fallen by +1.6 percentage point.
- Change vs. previous year
- -1.6 percentage points
- Largest monthly swing
- January: -3.6 percentage points
ECB Target
Inflation is 2.4% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
Purchasing Power
Due to deflation, purchasing power increases. Money becomes more valuable instead of less.
What you could buy for €100 this year will cost approximately €99.60 next year at this inflation rate.
Multi-year trend
Monthly figures 2020
Month overview
| Month | Inflation | Difference vs. 2019 |
|---|---|---|
| January | 0.6% | -3.6 |
| February | 0.7% | -2.6 |
| March | 0.4% | -1.6 |
| April | 1.3% | +1.2 |
| May | 0.0% | -1.6 |
| June | -1.4% | -3.2 |
| July | -1.1% | -0.6 |
| August | -1.7% | -1.6 |
| September | -1.0% | -1.4 |
| October | -1.6% | -1.8 |
| November | -0.7% | -0.8 |
| December | 0.3% | -0.9 |
| Average | -0.4% |
Data source
Data from WorldBank. Last updated: 06/01/2026.