Gross capital formation in Tonga
Tonga: Gross capital formation was 11.1% in 2024. ◆ Volatile
Gross capital formation in Tonga, 1995–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
The most recent figure for gross capital formation in Tonga is 11.1%, measured in 2024.
Compared with earlier readings it is up 263.5% on the previous year and up 29.3% over ten years.
Over the whole period, gross capital formation in Tonga peaked at 36.3% in 1995 and was at its lowest, -34.7%, in 1997.
Tonga ranks 37th of 168 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation in Tonga, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1995 | 36.3% | — |
| 1996 | 6.3% | -82.5% |
| 1997 | -34.7% | -647.1% |
| 1998 | 35.6% | -202.7% |
| 1999 | -3.2% | -109.1% |
| 2000 | -9.2% | +185.3% |
| 2001 | 15.3% | -265.7% |
| 2002 | 0.0% | -100.0% |
| 2003 | 11.7% | — |
| 2004 | -17.3% | -247.4% |
| 2005 | -0.6% | -96.8% |
| 2006 | 3.6% | -750.0% |
| 2007 | -7.0% | -293.2% |
| 2008 | -7.9% | +12.9% |
| 2009 | 11.2% | -242.2% |
| 2010 | 29.0% | +159.2% |
| 2011 | 5.9% | -79.6% |
| 2012 | 22.5% | +280.2% |
| 2013 | -30.3% | -234.5% |
| 2014 | 8.6% | -128.5% |
| 2015 | 11.1% | +28.4% |
| 2016 | 9.7% | -12.7% |
| 2017 | 18.9% | +95.5% |
| 2018 | -23.2% | -222.8% |
| 2019 | 13.5% | -158.1% |
| 2020 | -6.4% | -147.4% |
| 2021 | 31.0% | -586.2% |
| 2022 | -15.0% | -148.3% |
| 2023 | 3.1% | -120.5% |
| 2024 | 11.1% | +263.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.1% | -34.7% | 36.3% | 5 |
| 2000s | -0.0% | -17.3% | 15.3% | 10 |
| 2010s | 6.6% | -30.3% | 29.0% | 10 |
| 2020s | 4.8% | -15.0% | 31.0% | 5 |
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)
- GDP (constant 2015 US$), annual growth rate 2.8 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.7536 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 4,934 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 2.8 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 1.59 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 10,423 constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate 13.17 % change on previous year (2024)
- Gross domestic savings (current US$), per unit of GDP -0.1975 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross capital formation in Tonga?
- Gross capital formation in Tonga was 11.1% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Tonga?
- The highest recorded value was 36.3% in 1995.
- What is the lowest gross capital formation recorded in Tonga?
- The lowest recorded value was -34.7% in 1997.
- How does Tonga rank for gross capital formation?
- Tonga ranks 37th out of 168 countries with data for 2024.
- Is gross capital formation rising or falling in Tonga?
- Over the last ten years it is up 29.3%. The long-run trend across the full record is volatile.
- Where does this Tonga data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.