Adjusted savings: net national savings in Tonga
Tonga: Adjusted savings: net national savings was -4.4% in 2021. ◆ Volatile
Adjusted savings: net national savings in Tonga, 1981–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
In 2021, adjusted savings: net national savings in Tonga stood at -4.4%. That is the lowest value across all 35 years on record.
That represents a change of down 133.7% on the previous year and down 160.9% over ten years.
Over the whole period, adjusted savings: net national savings in Tonga peaked at 32.5% in 1982 and was at its lowest, -4.4%, in 2021.
Tonga ranks 165th of 177 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: net national savings in Tonga, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1981 | 10.6% | — |
| 1982 | 32.5% | +206.7% |
| 1983 | 26.1% | -19.8% |
| 1984 | 17.9% | -31.1% |
| 1985 | 12.3% | -31.5% |
| 1986 | 15.9% | +29.5% |
| 1987 | 19.3% | +21.2% |
| 1988 | 4.4% | -76.9% |
| 1989 | 12.2% | +175.6% |
| 1990 | 18.7% | +53.1% |
| 1991 | 2.6% | -86.3% |
| 1992 | 13.9% | +442.7% |
| 1993 | 14.3% | +2.7% |
| 1994 | 6.0% | -58.1% |
| 2001 | 10.8% | +81.1% |
| 2002 | 11.1% | +2.1% |
| 2003 | 7.2% | -34.7% |
| 2004 | 8.5% | +17.6% |
| 2005 | 4.1% | -51.2% |
| 2006 | 7.3% | +76.0% |
| 2007 | 3.0% | -58.3% |
| 2008 | 0.7% | -78.3% |
| 2009 | -0.1% | -118.7% |
| 2010 | 2.4% | -2077.7% |
| 2011 | 7.3% | +197.8% |
| 2012 | 11.7% | +61.1% |
| 2013 | 7.0% | -40.1% |
| 2014 | 6.9% | -2.0% |
| 2015 | 0.7% | -89.9% |
| 2016 | 5.3% | +659.7% |
| 2017 | 12.1% | +130.3% |
| 2018 | 12.7% | +4.8% |
| 2019 | 18.1% | +42.6% |
| 2020 | 13.1% | -27.5% |
| 2021 | -4.4% | -133.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 16.8% | 4.4% | 32.5% | 9 |
| 1990s | 11.1% | 2.6% | 18.7% | 5 |
| 2000s | 5.8% | -0.1% | 11.1% | 9 |
| 2010s | 8.4% | 0.7% | 18.1% | 10 |
| 2020s | 4.4% | -4.4% | 13.1% | 2 |
Countries ranked near Tonga
More economy & growth data for Tonga
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.3875 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.2 Percent per annum (2029)
- Gross capital formation (constant 2015 US$), annual growth rate 11.14 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2326 constant 2015 US$ per US$ of GDP (2024)
- Gross capital formation (constant 2015 US$), per capita 1,446 constant 2015 US$ per person (2024)
- Imports of goods and services (current US$), annual growth rate 2.44 % change on previous year (2024)
- Imports of goods and services (current US$), per unit of GDP 0.6068 current US$ per US$ of GDP (2024)
- Imports of goods and services (current US$), per capita 3,772 current US$ per person (2024)
- Imports of goods and services (current LCU), annual growth rate 2.98 % change on previous year (2024)
- Imports of goods and services (current LCU), per unit of GDP 1.44 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is adjusted savings: net national savings in Tonga?
- Adjusted savings: net national savings in Tonga was -4.4% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: net national savings recorded in Tonga?
- The highest recorded value was 32.5% in 1982.
- What is the lowest adjusted savings: net national savings recorded in Tonga?
- The lowest recorded value was -4.4% in 2021.
- How does Tonga rank for adjusted savings: net national savings?
- Tonga ranks 165th out of 177 countries with data for 2021.
- Is adjusted savings: net national savings rising or falling in Tonga?
- Over the last ten years it is down 160.9%. The long-run trend across the full record is volatile.
- Where does this Tonga data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: net national savings (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Net national savings are equal to gross national savings less the value of consumption of fixed capital. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.