Gross capital formation (constant 2015 US$), annual growth rate (2015) in Tonga
Tonga: Gross capital formation (constant 2015 US$), annual growth rate (2015) was 11.14 % change on previous year in 2024. ◆ Volatile
Gross capital formation (constant 2015 US$), annual growth rate in Tonga, 1995–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross capital formation (constant 2015 us$), annual growth rate in Tonga is 11.14 % change on previous year, measured in 2024.
The figure is up 263.6% on the previous year and up 29.3% over ten years.
Over the whole period, gross capital formation (constant 2015 us$), annual growth rate in Tonga peaked at 36.27 % change on previous year in 1995 and was at its lowest, -34.7 % change on previous year, in 1997.
That places Tonga 36th out of 163 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (constant 2015 US$), annual growth rate (2015) in Tonga, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1995 | 36.27 % change on previous year | — |
| 1996 | 6.34 % change on previous year | -82.5% |
| 1997 | -34.7 % change on previous year | -647.1% |
| 1998 | 35.63 % change on previous year | -202.7% |
| 1999 | -3.24 % change on previous year | -109.1% |
| 2000 | -9.25 % change on previous year | +185.3% |
| 2001 | 15.33 % change on previous year | -265.7% |
| 2002 | 0 % change on previous year | -100.0% |
| 2003 | 11.74 % change on previous year | — |
| 2004 | -17.31 % change on previous year | -247.4% |
| 2005 | -0.5544 % change on previous year | -96.8% |
| 2006 | 3.6 % change on previous year | -750.0% |
| 2007 | -6.96 % change on previous year | -293.2% |
| 2008 | -7.86 % change on previous year | +12.9% |
| 2009 | 11.18 % change on previous year | -242.2% |
| 2010 | 28.97 % change on previous year | +159.2% |
| 2011 | 5.92 % change on previous year | -79.6% |
| 2012 | 22.52 % change on previous year | +280.1% |
| 2013 | -30.3 % change on previous year | -234.5% |
| 2014 | 8.62 % change on previous year | -128.5% |
| 2015 | 11.07 % change on previous year | +28.4% |
| 2016 | 9.66 % change on previous year | -12.7% |
| 2017 | 18.88 % change on previous year | +95.5% |
| 2018 | -23.18 % change on previous year | -222.8% |
| 2019 | 13.46 % change on previous year | -158.1% |
| 2020 | -6.38 % change on previous year | -147.4% |
| 2021 | 31 % change on previous year | -586.2% |
| 2022 | -14.98 % change on previous year | -148.3% |
| 2023 | 3.07 % change on previous year | -120.5% |
| 2024 | 11.14 % change on previous year | +263.6% |
Tonga compared with similar countries
- Tonga's 11.14 % change on previous year is above the median for upper middle income countries, which is 8.23 % change on previous year, 1.4× the median. (45 countries reporting)
- Tonga's 11.14 % change on previous year is above the median for East Asia & Pacific, which is 4.08 % change on previous year, 2.7× the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.06 % change on previous year | -34.7 % change on previous year | 36.27 % change on previous year | 5 |
| 2000s | -0.0077 % change on previous year | -17.31 % change on previous year | 15.33 % change on previous year | 10 |
| 2010s | 6.56 % change on previous year | -30.3 % change on previous year | 28.97 % change on previous year | 10 |
| 2020s | 4.77 % change on previous year | -14.98 % change on previous year | 31 % change on previous year | 5 |
Countries ranked near Tonga
- 33 Pakistan 11.76 % change on previous year compare
- 34 Samoa 11.65 % change on previous year compare
- 35 Gabon 11.26 % change on previous year compare
- 37 Cote d'Ivoire 11.11 % change on previous year compare
- 38 Algeria 10.97 % change on previous year compare
- 39 Benin 10.7 % change on previous year compare
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)
- SDRs holdings, US dollar, annual growth rate 5.4 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0382 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 250.19 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.3665 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0279 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 182.69 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0209 units per US$ of GDP (2025)
Frequently asked questions
- What is gross capital formation (constant 2015 us$), annual growth rate in Tonga?
- Gross capital formation (constant 2015 us$), annual growth rate in Tonga was 11.14 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross capital formation (constant 2015 us$), annual growth rate recorded in Tonga?
- The highest recorded value was 36.27 % change on previous year in 1995.
- What is the lowest gross capital formation (constant 2015 us$), annual growth rate recorded in Tonga?
- The lowest recorded value was -34.7 % change on previous year in 1997.
- How does Tonga rank for gross capital formation (constant 2015 us$), annual growth rate?
- Tonga ranks 36th out of 163 countries with data for 2024.
- Is gross capital formation (constant 2015 us$), annual growth rate 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 Statizoid (derived), published as part of Gross capital formation (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross capital formation (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross capital formation (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.