What type of economy system does Tonga have?
What type of economy system does Tonga have?
Economic Overview Tonga has a small, open island economy and is the last constitutional monarchy among the Pacific Island countries. It has a narrow export base in agricultural goods. Squash, vanilla beans, and yams are the main crops. Agricultural exports, including fish, make up two-thirds of total exports.
How does Tonga make their money?
Agriculture is the mainstay of the Tongan economy. Squash, coconuts, bananas, and vanilla beans constitute the main cash crops, and other important crops include yams, taro, cassava, corn (maize), watermelons, pineapples, breadfruit, limes, and tomatoes. Tonga: Major import sources Encyclopædia Britannica, Inc.
What is Tonga system?
Tonga is a constitutional monarchy with two levels of government, local and national. There is no constitutional provision for local government and the main legislative texts that cover local government are the Fonos Act 1988 and the District and Town Officers Act 1988.
What type of government does Tonga have?
Democracy
Parliamentary systemConstitutional monarchy
Tonga/Government
The Kingdom of Tonga is a constitutional monarchy under King Siaosi (George) Tupou V. Political life is dominated by the king, the nobility, prominent commoners, and democratic reform figures.
Is Tonga a poor country?
The Polynesian Kingdom of Tonga is home to around 102,000 people. The poverty rate in Tonga is 22.1 percent; in other words, one out of every five Tongans lives below the poverty line. Among the eight nations in the Pacific region, Tonga has the third lowest poverty rate, proceeded by the Solomon Islands and Vanuatu.
What is the main industry in Tonga?
The economy of Tonga has traditionally been dominated by the agricultural sector, with manufacturing contributing to a relatively small percentage of GDP. Over recent years, the fishing industry and the service sector, including tourism, have become more important. The economy recorded robust growth of 5.3% in 2000.
What race are Tongan?
Polynesian
Nearly the entire population is of Polynesian ancestry. Tongans are closely related to Samoans and other Polynesians in culture and language as well as in genetic heritage. There is also a small amount of Melanesian influence through contact with Fiji.
What language is spoken in Tonga?
Tongan
English
Tonga/Official languages
How does Tonga government work?
Politics of Tonga takes place in a framework of a constitutional monarchy, whereby the King is the Head of State and the Commander-in-Chief of the Armed Forces. Tonga’s Prime Minister is currently appointed by the King from among the members of Parliament after having won the support of a majority of its members.
What is Tonga known for?
Tonga is the only monarchy in the Pacific and the only pacific nation never to fully lose its indigenous governance. Also known as “The Friendly Islands” it consists of 171 coral and volcanic islands spread over 747 sq km with 48 of those inhabited.
What country owns Tonga?
A former British protectorate, Tonga became fully independent in 1970, though it was never formally colonised. Tonga has no strategic or mineral resources and relies on agriculture, fishing and the money sent home by Tongans living abroad, many of them in New Zealand.
What is Tonga famous for?
The archipelago in the South Pacific Ocean south of Samoa is also known as the Friendly Islands, it comprises 176 islands, 36 of them are inhabited. Tonga is the only kingdom in the Pacific since Taufa’ahau (King George) in 1875 declared Tonga a constitutional monarchy, he also gave Tonga its first constitution.
How does the Tongan economy help the country of Tonga?
Remittances from Tongans working overseas—especially in New Zealand, the United States, and Australia—and tourism have both contributed significantly to the growth of the Tongan economy.
What kind of crops do they grow in Tonga?
Economy of Tonga Agriculture is the mainstay of the Tongan economy. Squash, coconuts, bananas, and vanilla beans constitute the main cash crops, and other important crops include yams, taro, cassava, corn (maize), watermelons, pineapples, breadfruit, limes, and tomatoes.
How did King Taufa’ahau Tupou change the economy of Tonga?
King Taufa’ahau Tupou IV has modernized the country’s economy. Based largely on foreign aid from New Zealand, Australia, the United States, and the European Community and on imports, this process has created a widespread presence of Western products. The agricultural base of the economy remains.
How many people live in poverty in Tonga?
About 25 percent of households in Tonga have incomes that are below the poverty line – 88 percent of Tonga’s population live in rural areas of the country, which experience the highest rates of poverty and harshest living conditions.
What kind of economy does Tonga have in the world?
Economy – overview: Tonga has a small, open island economy and is the last constitutional monarchy among the Pacific Island countries. It has a narrow export base in agricultural goods. Squash, vanilla beans, and yams are the main crops. Agricultural exports, including fish, make up two-thirds of total exports.
How does the Tongan government get its money?
The main source of foreign currency is the remittances of Tongans living abroad, followed by tourism. The government has recognised the need for economic reforms to expand the private sector and diversify the economy and has worked to gain public – and especially civil service – acceptance of the need.
How many islands does Tonga have in the Pacific?
Tonga is two roughly parallel chains of around 170 islands in the south-western Pacific. Neighbouring countries include Fiji to the west, Cook Islands to the east and Samoa north. Only 36 islands are inhabited.
What is the main source of hard currency in Tonga?
The industrial sector accounts for only 10% of GDP. Tourism is the primary source of hard currency earnings. The country remains dependent on sizable external aid and remittances to offset its trade deficit.