Inflation Tonga 2021

Average inflation: 5.6%

Current Inflation

Inflation is very high at 5.6%, far above the ECB target.

Peak and Trough

The highest inflation was in December at 9.2%. The lowest inflation was in January at 1.3%.

Highest month
December: 9.2%
Lowest month
January: 1.3%
Difference
7.9 percentage points
Months with data
12 of 12

Historical Context

Current inflation is 1.8% higher than the 5-year average of 3.8%.

5-year average
3.8%
10-year average
2.5%
All-time high (2008)
10.5%
All-time low (2015)
-1%

Trend

Inflation shows an upward trend. Compared to 2020, inflation has risen by +6.0 percentage point.

Change vs. previous year
+6.0 percentage points
Largest monthly swing
December: +8.9 percentage points

ECB Target

Inflation is 3.6% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.

What you could buy for €100 this year will cost approximately €105.60 next year at this inflation rate.

Multi-year trend

Monthly figures 2021

Month overview

Month Inflation Difference vs. 2020
January 1.3% +0.7
February 2.2% +1.5
March 3.3% +2.9
April 4.5% +3.2
May 4.7% +4.7
June 6.9% +8.3
July 6.8% +7.9
August 7.1% +8.8
September 6.5% +7.5
October 7.2% +8.8
November 8.1% +8.8
December 9.2% +8.9
Average 5.6%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also