Gross capital formation (constant LCU) in Tonga
Tonga: Gross capital formation (constant LCU) was 295.40 million constant LCU in 2024. ▲ Rising
Gross capital formation in Tonga, 1994–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for gross capital formation in Tonga is 295.40 million constant LCU, measured in 2024.
Compared with earlier readings it is up 11.1% on the previous year and up 50.8% over ten years.
Over the whole period, gross capital formation in Tonga peaked at 303.29 million constant LCU in 2021 and was at its lowest, 124.06 million constant LCU, in 1997.
That places Tonga 164th out of 170 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 31 years of available data.
Gross capital formation (constant LCU) in Tonga, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1994 | 131.10 million constant LCU | — |
| 1995 | 178.65 million constant LCU | +36.3% |
| 1996 | 189.98 million constant LCU | +6.3% |
| 1997 | 124.06 million constant LCU | -34.7% |
| 1998 | 168.26 million constant LCU | +35.6% |
| 1999 | 162.81 million constant LCU | -3.2% |
| 2000 | 147.76 million constant LCU | -9.2% |
| 2001 | 170.40 million constant LCU | +15.3% |
| 2002 | 170.40 million constant LCU | +0.0% |
| 2003 | 190.41 million constant LCU | +11.7% |
| 2004 | 157.46 million constant LCU | -17.3% |
| 2005 | 156.59 million constant LCU | -0.6% |
| 2006 | 162.23 million constant LCU | +3.6% |
| 2007 | 150.93 million constant LCU | -7.0% |
| 2008 | 139.07 million constant LCU | -7.9% |
| 2009 | 154.62 million constant LCU | +11.2% |
| 2010 | 199.41 million constant LCU | +29.0% |
| 2011 | 211.23 million constant LCU | +5.9% |
| 2012 | 258.80 million constant LCU | +22.5% |
| 2013 | 180.40 million constant LCU | -30.3% |
| 2014 | 195.94 million constant LCU | +8.6% |
| 2015 | 217.63 million constant LCU | +11.1% |
| 2016 | 238.65 million constant LCU | +9.7% |
| 2017 | 283.71 million constant LCU | +18.9% |
| 2018 | 217.95 million constant LCU | -23.2% |
| 2019 | 247.28 million constant LCU | +13.5% |
| 2020 | 231.51 million constant LCU | -6.4% |
| 2021 | 303.29 million constant LCU | +31.0% |
| 2022 | 257.87 million constant LCU | -15.0% |
| 2023 | 265.78 million constant LCU | +3.1% |
| 2024 | 295.40 million constant LCU | +11.1% |
Tonga compared with similar countries
- Tonga's 295.40 million constant LCU is below the median for upper middle income countries, which is 162.77 billion constant LCU, 0% of the median. (47 countries reporting)
- Tonga's 295.40 million constant LCU is below the median for East Asia & Pacific, which is 80.47 billion constant LCU, 0% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 159.14 million constant LCU | 124.06 million constant LCU | 189.98 million constant LCU | 6 |
| 2000s | 159.99 million constant LCU | 139.07 million constant LCU | 190.41 million constant LCU | 10 |
| 2010s | 225.10 million constant LCU | 180.40 million constant LCU | 283.71 million constant LCU | 10 |
| 2020s | 270.77 million constant LCU | 231.51 million constant LCU | 303.29 million constant LCU | 5 |
Countries ranked near Tonga
- 161 Samoa 824.10 million constant LCU compare
- 162 East Timor 543.83 million constant LCU compare
- 163 Tajikistan 498.04 million constant LCU compare
- 165 San Marino 234.89 million constant LCU compare
- 166 Kiribati 127.37 million constant LCU compare
- 167 Sudan 94.85 million constant LCU compare
More economy & growth data for Tonga
- Real gdp growth, annual growth rate -38.46 % change on previous year (2024)
- 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)
Frequently asked questions
- What is gross capital formation in Tonga?
- Gross capital formation in Tonga was 295.40 million constant LCU 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 303.29 million constant LCU in 2021.
- What is the lowest gross capital formation recorded in Tonga?
- The lowest recorded value was 124.06 million constant LCU in 1997.
- How does Tonga rank for gross capital formation?
- Tonga ranks 164th out of 170 countries with data for 2024.
- Is gross capital formation rising or falling in Tonga?
- Over the last ten years it is up 50.8%. The long-run trend across the full record is rising.
- 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 (constant LCU). 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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.