National Reserve Bank of Tonga

Foreign Reserves Statistics for February 2023

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Category: Financial Statistics
Last Updated: 21 March 2023

The official foreign reserves held at the end of January 2023 was recorded at $911.1 million, equivalent to 14 months of imports, above the minimum threshold of 3 months. Over the year, foreign reserves increased by $55 million.

OFFICIAL FOREIGN RESERVES *
(millions of pa'anga)

  Level Changes
 Ration of official foreign reserves to imports (months)
  Month 12 Months
2021        
August 751.7 46.9 195.6 12.1
September 757.0 5.3 180.5 12.4
October 757.0 0.0 175.5 12.8
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 13.8r
February 911.2 0.1 43.9 13.7
* Due to rounding errors some data may not aggregate precisely.
Source: National Reserve Bank of Tonga
r - Revisions to the months of imports was due to new data available.

Official Foreign Reserves Collection

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