Inflation Tonga 2022
Average inflation: 11.0%
Current Inflation
Inflation is very high at 11.0%, far above the ECB target.
Peak and Trough
The highest inflation was in September at 14.1%. The lowest inflation was in March at 7.9%.
- Highest month
- September: 14.1%
- Lowest month
- March: 7.9%
- Difference
- 6.2 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 6.5% higher than the 5-year average of 4.5%. This approaches the highest level since records began (11.0% in 2022).
- 5-year average
- 4.5%
- 10-year average
- 3.5%
- All-time high (2022)
- 11%
- All-time low (2015)
- -1%
Trend
Inflation shows an upward trend. Compared to 2021, inflation has risen by +5.4 percentage point.
- Change vs. previous year
- +5.4 percentage points
- Largest monthly swing
- September: +7.6 percentage points
ECB Target
Inflation is 9.0% 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 €111.00 next year at this inflation rate.
Multi-year trend
Monthly figures 2022
Month overview
| Month | Inflation | Difference vs. 2021 |
|---|---|---|
| January | 8.2% | +6.9 |
| February | 9.0% | +6.8 |
| March | 7.9% | +4.6 |
| April | 9.4% | +4.9 |
| May | 11.2% | +6.5 |
| June | 11.3% | +4.4 |
| July | 13.1% | +6.3 |
| August | 13.8% | +6.7 |
| September | 14.1% | +7.6 |
| October | 13.2% | +6.0 |
| November | 11.1% | +3.0 |
| December | 9.3% | +0.1 |
| Average | 11.0% |
Data source
Data from WorldBank. Last updated: 06/01/2026.