Gross capital formation (current US$), annual growth rate in Tonga
Tonga: Gross capital formation (current US$), annual growth rate was 11.47 % change on previous year in 2024. ◆ Volatile
Gross capital formation (current US$), annual growth rate in Tonga, 1976–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross capital formation (current us$), annual growth rate in Tonga stood at 11.47 % change on previous year.
That represents a change of up 1,339.8% on the previous year and up 289.0% over ten years.
Over the whole period, gross capital formation (current us$), annual growth rate in Tonga peaked at 77.89 % change on previous year in 1978 and was at its lowest, -38.17 % change on previous year, in 2013.
That places Tonga 87th out of 186 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (current US$), annual growth rate in Tonga, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1976 | -34.13 % change on previous year | — |
| 1977 | 16.71 % change on previous year | -149.0% |
| 1978 | 77.89 % change on previous year | +366.0% |
| 1979 | 13.49 % change on previous year | -82.7% |
| 1980 | 14.99 % change on previous year | +11.1% |
| 1981 | 14.94 % change on previous year | -0.3% |
| 1982 | 5.33 % change on previous year | -64.3% |
| 1983 | -7.83 % change on previous year | -247.1% |
| 1984 | -13.89 % change on previous year | +77.4% |
| 1985 | 3.03 % change on previous year | -121.8% |
| 1986 | 3.85 % change on previous year | +27.0% |
| 1987 | 10.04 % change on previous year | +160.6% |
| 1988 | 36.45 % change on previous year | +263.1% |
| 1989 | -12.01 % change on previous year | -132.9% |
| 1990 | -3.41 % change on previous year | -71.6% |
| 1991 | 5.36 % change on previous year | -257.4% |
| 1992 | 9.81 % change on previous year | +83.0% |
| 1993 | 3.12 % change on previous year | -68.2% |
| 1994 | 59.31 % change on previous year | +1799.1% |
| 1995 | 35.9 % change on previous year | -39.5% |
| 1996 | 6.05 % change on previous year | -83.2% |
| 1997 | -35.16 % change on previous year | -681.4% |
| 1998 | 5.01 % change on previous year | -114.2% |
| 1999 | -1.83 % change on previous year | -136.6% |
| 2000 | 7.92 % change on previous year | -531.6% |
| 2001 | 2.51 % change on previous year | -68.3% |
| 2002 | 4.31 % change on previous year | +71.5% |
| 2003 | -6.83 % change on previous year | -258.7% |
| 2004 | 11.72 % change on previous year | -271.6% |
| 2005 | 24.65 % change on previous year | +110.2% |
| 2006 | 5.73 % change on previous year | -76.7% |
| 2007 | 0.7412 % change on previous year | -87.1% |
| 2008 | 14.33 % change on previous year | +1833.8% |
| 2009 | 9.9 % change on previous year | -30.9% |
| 2010 | 38.82 % change on previous year | +292.2% |
| 2011 | 36.5 % change on previous year | -6.0% |
| 2012 | 17.53 % change on previous year | -52.0% |
| 2013 | -38.17 % change on previous year | -317.7% |
| 2014 | -6.07 % change on previous year | -84.1% |
| 2015 | 11.35 % change on previous year | -287.0% |
| 2016 | -6.36 % change on previous year | -156.1% |
| 2017 | 23.53 % change on previous year | -469.7% |
| 2018 | -5.73 % change on previous year | -124.3% |
| 2019 | 15.42 % change on previous year | -369.2% |
| 2020 | -10.86 % change on previous year | -170.5% |
| 2021 | 38.26 % change on previous year | -452.2% |
| 2022 | -11.64 % change on previous year | -130.4% |
| 2023 | 0.797 % change on previous year | -106.8% |
| 2024 | 11.47 % change on previous year | +1339.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 18.49 % change on previous year | -34.13 % change on previous year | 77.89 % change on previous year | 4 |
| 1980s | 5.49 % change on previous year | -13.89 % change on previous year | 36.45 % change on previous year | 10 |
| 1990s | 8.42 % change on previous year | -35.16 % change on previous year | 59.31 % change on previous year | 10 |
| 2000s | 7.5 % change on previous year | -6.83 % change on previous year | 24.65 % change on previous year | 10 |
| 2010s | 8.68 % change on previous year | -38.17 % change on previous year | 38.82 % change on previous year | 10 |
| 2020s | 5.61 % change on previous year | -11.64 % change on previous year | 38.26 % change on previous year | 5 |
Countries ranked near Tonga
- 84 Slovenia 11.66 % change on previous year compare
- 85 Honduras 11.56 % change on previous year compare
- 86 Papua New Guinea 11.49 % change on previous year compare
- 88 Comoros 11.35 % change on previous year compare
- 89 United Kingdom of Great Britain and Northern Ireland 11.25 % change on previous year compare
- 90 Guatemala 11.21 % 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)
- Gross capital formation (current US$), per unit of GDP 0.2639 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), per capita 1,640 current US$ per person (2024)
- Gross capital formation (current LCU), annual growth rate 12.06 % change on previous year (2024)
- Gross capital formation (current LCU), per unit of GDP 0.6265 current LCU per US$ of GDP (2024)
- Gross capital formation (current LCU), per capita 3,894 current LCU per person (2024)
- 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)
Frequently asked questions
- What is gross capital formation (current us$), annual growth rate in Tonga?
- Gross capital formation (current us$), annual growth rate in Tonga was 11.47 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross capital formation (current us$), annual growth rate recorded in Tonga?
- The highest recorded value was 77.89 % change on previous year in 1978.
- What is the lowest gross capital formation (current us$), annual growth rate recorded in Tonga?
- The lowest recorded value was -38.17 % change on previous year in 2013.
- How does Tonga rank for gross capital formation (current us$), annual growth rate?
- Tonga ranks 87th out of 186 countries with data for 2024.
- Is gross capital formation (current us$), annual growth rate rising or falling in Tonga?
- Over the last ten years it is up 289.0%. 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 (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Gross capital formation (current US$). 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 (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.