Foreign Reserves Statistics for June 2023
- Details
- Category: Financial Statistics
- Last Updated: 12 July 2023
Tonga’s official foreign reserves increased over the month by $56.6 million to a record $921.4 million at the end of June 2023 equivalent to over 13 months of imports. The 13 months’ equivalent is higher than the optimum level of 7.5 months. The increase in reserves was driven by higher receipts of Government budget support and remittances. In year ended terms, the level of foreign reserves is higher in 2023 by $50.2 million compared to the same time in 2022.
OFFICIAL FOREIGN RESERVES *
(millions of pa'anga)
Level | Changes |
Ration of official foreign reserves to imports (months) | ||
Month | 12 Months | |||
2021 | ||||
November | 783.9 | 26.9 | 193.7 | 13.0 |
December | 817.5 | 33.6 | 141.9 | 13.4 |
2022 | ||||
January | 856.1 | 38.6 | 150.8 | 13.9 |
February | 867.3 | 11.1 | 174.9 | 14.4 |
March | 861.4 | -5.8 | 175.8 | 14.5 |
April | 884.0 | 22.6 | 204.4 | 14.9 |
May | 880.4 | -3.6 | 190.9 | 14.7 |
June | 871.2 | -9.2 | 155.9 | 14.4 |
July | 884.8 | 13.6 | 180.1 | 14.3 |
August | 871.0 | -13.8 | 119.3 | 14.0 |
September | 895.3 | 24.2 | 138.2 | 14.2 |
October | 877.0 | -18.3 | 120.0 | 13.9 |
November | 866.2 | -10.8 | 82.3 | 13.5 |
December | 868.9 | 2.7 | 51.4 | 13.4 |
2023 | ||||
January | 911.1 | 42.2 | 55.0 | 13.8 |
February | 911.2 | 0.1 | 43.9 | 13.7 |
March | 883.7 | -27.4 | 22.3 | 12.9 |
April | 860.5 | -23.2 | -23.5 | 12.4 |
May | 864.8 | 4.3 | -15.6 | 12.4 |
June | 921.4 | 56.6 | 50.2 | 13.1 |
Source: National Reserve Bank of Tonga |
Official Foreign Reserves Collection
2023 Official Foreign Reserves
Official Foreign Reserves for June 2023
Released on 12 July 2023 | 311 KB
Official Foreign Reserves for May 2023
Released on 16 June 2023 | 317 KB
Official Foreign Reserves for April 2023
Released on 21 April 2023 | 121 KB
Official Foreign Reserves for March 2023
Released on 21 April 2023 | 141 KB
Official Foreign Reserves for February 2023
Released on 21 March 2023 | 141 KB
Official Foreign Reserves for January 2023
Released on 1 March 2023 | 312 KB
2014
Official Foreign Reserves for December 2014
Released on 30 January 2015 | 141 KB
Official Foreign Reserves for November 2014
Released on 5 January 2015 | 171 KB
Official Foreign Reserves for October 2014
Released on 19 December 2014 | 193 KB
Official Foreign Reserves for September 2014
Released on 11 November 2014 | 390 KB
Official Foreign Reserves for August 2014
Released on 24 September 2014 | 168 KB
Official Foreign Reserves for July 2014
Released on 24 September 2014 | 213 KB
Official Foreign Reserves for June 2014
Released on 18 July 2014 | 238 KB