Which has higher gross capital formation, Iceland or Tonga?

Iceland, at 26.6% against 26.4% in Tonga as of 2025.

How many years of comparable data are there for Iceland and Tonga?

50 years are reported by both, from 1975 to 2024.

Where does this data come from?

Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross capital formation (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Iceland vs Tonga: Gross capital formation

Iceland

26.6%

in 2025

Tonga

26.4%

in 2024

Iceland rank

61st

Tonga rank

62nd

Gross capital formation over time

Iceland
Tonga

How they compare

Iceland currently reports 26.6% against 26.4% in Tonga, a difference of 0.2%.

The two have swapped places 11 times across 50 shared years of data; in 1975 it was Iceland ahead.

Iceland ranks 61st and Tonga ranks 62nd of 187 countries.

Across the 6 decades both report, Iceland averaged higher in 3 and Tonga in 3.

Head to head by decade

Decade	Iceland	Tonga	Difference	Ahead
1970s	31.0%	25.6%	5.4%	Iceland
1980s	24.3%	26.0%	1.8%	Tonga
1990s	20.5%	20.0%	0.4%	Iceland
2000s	24.8%	21.7%	3.1%	Iceland
2010s	18.1%	27.7%	9.6%	Tonga
2020s	24.0%	27.5%	3.5%	Tonga

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross capital formation, Iceland or Tonga?: Iceland, at 26.6% against 26.4% in Tonga as of 2025.
What is the difference in gross capital formation between Iceland and Tonga?: 0.2%, with Iceland ahead.
How many years of comparable data are there for Iceland and Tonga?: 50 years are reported by both, from 1975 to 2024.
How do Iceland and Tonga rank globally for gross capital formation?: Iceland ranks 61st and Tonga ranks 62nd of 187 countries.
Where does this data come from?: Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross capital formation (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Tonga: Gross capital formation. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 08 September 2026, from https://economy.statizoid.com/compare/gross-capital-formation-percent-of-gdp/iceland/tonga/

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About this data

Indicator: Gross capital formation (% of GDP)
Unit: % of GDP
Source: Country official statistics, National Statistical Organizations and/or Central Banks
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 230 places, 10,938 data points, 1960–2025
Last refreshed: 03 September 2026

Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.