Gross capital formation in Tonga
Tonga: Gross capital formation was 405.67 million current LCU in 2024. ◆ Volatile
Latest (2024)
405.67 million current LCU
Change on year
up 12.1%
World rank
182nd
of 187 countries
All-time high
405.67 million current LCU
in 2024
All-time low
4.83 million current LCU
in 1976
Years of data
50
1975–2024
Gross capital formation in Tonga, 1975–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2024, gross capital formation in Tonga stood at 405.67 million current LCU. That is the highest value across all 50 years on record.
Compared with earlier readings it is up 12.1% on the previous year and up 124.6% over ten years.
Over the whole period, gross capital formation in Tonga peaked at 405.67 million current LCU in 2024 and was at its lowest, 4.83 million current LCU, in 1976.
That places Tonga 182nd out of 187 countries with data for 2024, putting it in the bottom 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 | current LCU | Change |
|---|---|---|
| 1975 | 6.85 million current LCU | — |
| 1976 | 4.83 million current LCU | -29.4% |
| 1977 | 6.22 million current LCU | +28.6% |
| 1978 | 10.72 million current LCU | +72.3% |
| 1979 | 12.45 million current LCU | +16.2% |
| 1980 | 14.06 million current LCU | +12.9% |
| 1981 | 16.01 million current LCU | +13.9% |
| 1982 | 19.11 million current LCU | +19.3% |
| 1983 | 19.83 million current LCU | +3.8% |
| 1984 | 17.52 million current LCU | -11.6% |
| 1985 | 22.69 million current LCU | +29.5% |
| 1986 | 24.62 million current LCU | +8.5% |
| 1987 | 25.86 million current LCU | +5.1% |
| 1988 | 28.92 million current LCU | +11.8% |
| 1989 | 27.36 million current LCU | -5.4% |
| 1990 | 27.21 million current LCU | -0.5% |
| 1991 | 28.69 million current LCU | +5.4% |
| 1992 | 32.73 million current LCU | +14.1% |
| 1993 | 34.68 million current LCU | +5.9% |
| 1994 | 52.70 million current LCU | +52.0% |
| 1995 | 68.95 million current LCU | +30.8% |
| 1996 | 70.87 million current LCU | +2.8% |
| 1997 | 47.13 million current LCU | -33.5% |
| 1998 | 58.45 million current LCU | +24.0% |
| 1999 | 60.86 million current LCU | +4.1% |
| 2000 | 68.02 million current LCU | +11.8% |
| 2001 | 83.26 million current LCU | +22.4% |
| 2002 | 96.72 million current LCU | +16.2% |
| 2003 | 90.77 million current LCU | -6.2% |
| 2004 | 94.49 million current LCU | +4.1% |
| 2005 | 111.59 million current LCU | +18.1% |
| 2006 | 122.29 million current LCU | +9.6% |
| 2007 | 122.81 million current LCU | +0.4% |
| 2008 | 133.27 million current LCU | +8.5% |
| 2009 | 160.71 million current LCU | +20.6% |
| 2010 | 206.33 million current LCU | +28.4% |
| 2011 | 267.48 million current LCU | +29.6% |
| 2012 | 290.85 million current LCU | +8.7% |
| 2013 | 183.94 million current LCU | -36.8% |
| 2014 | 180.60 million current LCU | -1.8% |
| 2015 | 215.61 million current LCU | +19.4% |
| 2016 | 230.41 million current LCU | +6.9% |
| 2017 | 283.71 million current LCU | +23.1% |
| 2018 | 265.44 million current LCU | -6.4% |
| 2019 | 317.27 million current LCU | +19.5% |
| 2020 | 287.56 million current LCU | -9.4% |
| 2021 | 392.03 million current LCU | +36.3% |
| 2022 | 345.47 million current LCU | -11.9% |
| 2023 | 362.00 million current LCU | +4.8% |
| 2024 | 405.67 million current LCU | +12.1% |
Tonga compared with similar countries
- Tonga's 405.67 million current LCU is below the median for upper middle income countries, which is 296.90 billion current LCU, 0% of the median. (52 countries reporting)
- Tonga's 405.67 million current LCU is below the median for East Asia & Pacific, which is 177.54 billion current LCU, 0% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.22 million current LCU | 4.83 million current LCU | 12.45 million current LCU | 5 |
| 1980s | 21.60 million current LCU | 14.06 million current LCU | 28.92 million current LCU | 10 |
| 1990s | 48.23 million current LCU | 27.21 million current LCU | 70.87 million current LCU | 10 |
| 2000s | 108.39 million current LCU | 68.02 million current LCU | 160.71 million current LCU | 10 |
| 2010s | 244.17 million current LCU | 180.60 million current LCU | 317.27 million current LCU | 10 |
| 2020s | 358.55 million current LCU | 287.56 million current LCU | 405.67 million current LCU | 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.25 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0019 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 12.03 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -12.08 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -560.68 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0187 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita -115.95 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 9.39 % change on previous year (2025)
Frequently asked questions
- What is gross capital formation in Tonga?
- Gross capital formation in Tonga was 405.67 million current 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 405.67 million current LCU in 2024.
- What is the lowest gross capital formation recorded in Tonga?
- The lowest recorded value was 4.83 million current LCU in 1976.
- How does Tonga rank for gross capital formation?
- Tonga ranks 182nd out of 187 countries with data for 2024.
- Is gross capital formation rising or falling in Tonga?
- Over the last ten years it is up 124.6%. 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 (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.