Iceland vs Tonga: Gross fixed capital formation
Gross fixed capital formation over time
- Iceland
- Tonga
How they compare
Iceland currently reports 26.7% against 26.2% in Tonga, a difference of 0.5%.
The two have swapped places 10 times across 50 shared years of data; in 1975 it was Iceland ahead.
Iceland ranks 48th and Tonga ranks 50th of 181 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 | 30.6% | 22.9% | 7.7% | Iceland |
| 1980s | 24.2% | 24.6% | 0.4% | Tonga |
| 1990s | 20.4% | 19.5% | 0.9% | Iceland |
| 2000s | 24.6% | 21.3% | 3.3% | Iceland |
| 2010s | 18.1% | 25.8% | 7.7% | Tonga |
| 2020s | 23.8% | 27.0% | 3.2% | Tonga |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, Iceland or Tonga?
- Iceland, at 26.7% against 26.2% in Tonga as of 2025.
- What is the difference in gross fixed capital formation between Iceland and Tonga?
- 0.5%, 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 fixed capital formation?
- Iceland ranks 48th and Tonga ranks 50th of 181 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross fixed capital formation (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. 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.