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TOOL · GROSS COST

How much would a basic income cost in Tonga?

Calculate the gross annual cost of paying a monthly amount to the country’s adult and child population.

Adult population 67,336child population 37,261year 2023World Bank WDI

GROSS ANNUAL COST

825 million

in TOPTOP 825,278,400

Equal to 59.1% of reference GDP

Population covered: 104,597 people

Adults: 67,336 × TOP 800 × 12 = TOP 646,425,600

Children: 37,261 × TOP 400 × 12 = TOP 178,852,800

TOP 646,425,600 + TOP 178,852,800 = TOP 825,278,400

Offset benefits, recovered tax, administrative savings and later economic effects are not deducted. This is a gross cost, not a net cost.

Sources and method

Population 2023 · World Bank WDI

GDP 2023 · $591,139,734 · World Bank WDI

Currency TOP · exchange rate 2.3637 TOP/USD (2023)

Converted cost $349,147,021 for the GDP share.