Despite a slight improvement in tourism performance, Tonga saw
growth decelerate to 0.8% in FY2012 from 2.9% in FY2011 as major
projects wound down. Remittances continued to fall, totaling $67 million...
in FY2012, which was equal to 15.0% of GDP. This number is down from a
high of $107 million, or 30.0% of GDP, in FY2008 (Figure 3.37.5).
----------- Sources: National Reserve Bank of Tonga; Tonga Ministry of Finance and National Planning ( http://www.finance.gov.to/ )
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