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Tonga, Oceania

LIST OF INSURANCE COMPANIES LOGOS IN ​TONGA

Tonga, Oceania - ​World Insurance Companies Logos

An undersea volcano erupts off the coast of Tonga, sending plumes of steam, ash and smoke up to 100 meters into the air, on March 18, 2009, off the coast of Nuku’Alofa, Tonga. (Dana Stephenson/Getty Images).


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List of Insurance Companies Logos with names in Tonga

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Consult the logos and names of insurance companies in countries near Tonga on the page Logos of insurance companies in Oceania.

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TONGA

Over the last 50 years, the region has seen an explosion in the quality of living standards and now this country faces little, if any absolute poverty. The nation places 55th in the United Nations Development Program′s (UNDP), well ahead of Samoa 96th and Fiji 92nd, Human Development Index ranking (HDI).

This is easily the highest of any pacific island nation. Thus reflecting the comparatively high gross domestic product (GDP) of the tiny Pacific island nation, of $1780 USD per capita and highest life expectancy and near universal literacy. A credit to the Tongan monarchy is its near abolishment of poverty from the islands; an estimated 4% of the Tongan population lives on less than 1 USD per day and around 6.7% of households live below the food poverty line.

Since the 1950′s, this country, has experienced its first epidemiological transition, with a rapidly increasing life expectancy and falling maternal mortality, child mortality rates and fertility rates.

Life expectancy at birth increased from 40 years in 1939 to 71 years average in 2003. The proportions of deaths caused by communicable diseases fell from 32% during the 50′s to 3.6% during the 90′s, while during the same period the proportions of death from non-communicable diseases rose from 5.6% to 38%.

One major health concern for Tongans is the large amounts of food they consume in proportion to the amount of exercise they do. Studies by many major Australian Universities show that the average Tongan male consumes more than double the quantity of food and calories consumed by the average Australian male.

Women are also more overweight than men, while men have a higher prevalence of other risk factors, including smoking, elevated blood lipids and hypertension.

In this country, all citizens are guaranteed access to health services free of charge, and physical access to these facilities remains quite good. Easy access to these facilities is of course except if you happen to live or travel to an outlying isolated island. This luxury of free medical costs, however, is not passed onto foreigners who do not hold Tongan citizenship.

Primary health care and preventative services are delivered through a system of 14 health centers and 34 maternal health clinics. The overall bed occupancy rate in this nation, is low at 34%, suggesting that the hospitals are oversized and the demand has not yet caught up with the supply.​
From Tonga Medical insurance News

Economy

​Tonga’s economy is characterized by a large nonmonetary sector and a heavy dependence on remittances from the half of the country’s population that lives abroad, chiefly in Australia, New Zealand, and the United States. Much of the monetary sector of the economy is dominated, if not owned, by the royal family and nobles.

This is particularly true of the telecommunications and satellite services. Much of small business, particularly retailing on Tongatapu, is now dominated by recent Chinese immigrants who arrived under a cash-for-passports scheme that ended in 1998.

The manufacturing sector consists of handicrafts and a few other very smallscale industries, all of which contribute only about 3% of GDP. Commercial business activities also are inconspicuous and, to a large extent, are dominated by the same large trading companies found throughout the South Pacific. In September 1974, the country’s first commercial trading bank, the Bank of Tonga, opened.

Rural Tongans rely on plantation and subsistence agriculture. Coconuts, vanilla beans, and bananas are the major cash crops. The processing of coconuts into copra and desiccated coconut is the only significant industry. Pigs and poultry are the major types of livestock. Horses are kept for draft purposes, primarily by farmers working their api. More cattle are being raised, and beef imports are declining.

Tonga’s development plans emphasize a growing private sector, upgrading agricultural productivity, revitalizing the squash and vanilla bean industries, developing tourism, and improving the island’s communications and transportation systems.

Substantial progress has been made, but much work remains to be done. A small but growing construction sector is developing in response to the inflow of aid monies and remittances from Tongans abroad. The copra industry is plagued by world prices that have been depressed for years.

Efforts are being made to discover ways to diversify. One hope is seen in fisheries; tests have shown that sufficient skipjack tuna pass through Tongan waters to support a fishing industry. Another potential development activity is exploitation of forests, which cover 35% of the kingdom’s land area but are decreasing as land is cleared.

Coconut trees, past their prime bearing years also provide a potential source of lumber.

The tourist industry is relatively undeveloped; however, the government recognizes that tourism can play a major role in economic development, and efforts are being made to increase this source of revenue. Cruise ships often stop in Nukuʻalofa and Vava’u.

Tonga, Oceania – ​World Insurance Companies Logos

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