Gross domestic savings (current LCU) in Tonga
Tonga: Gross domestic savings was -303.53 million current LCU in 2024. ◆ Volatile
Latest (2024)
-303.53 million current LCU
Change on year
up 12.7%
World rank
163rd
of 188 countries
All-time high
-470,700 current LCU
in 1975
All-time low
-347.75 million current LCU
in 2023
Years of data
50
1975–2024
Gross domestic savings in Tonga, 1975–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2024, gross domestic savings in Tonga stood at -303.53 million current LCU.
That represents a change of up 12.7% on the previous year and down 105.2% over ten years.
Over the whole period, gross domestic savings in Tonga peaked at -470,700 current LCU in 1975 and was at its lowest, -347.75 million current LCU, in 2023.
Tonga ranks 163rd of 188 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic savings in Tonga, year by year
| Year | current LCU | Change |
|---|---|---|
| 1975 | -470,700 current LCU | — |
| 1976 | -2.46 million current LCU | +423.5% |
| 1977 | -958,600 current LCU | -61.1% |
| 1978 | -3.48 million current LCU | +262.7% |
| 1979 | -5.02 million current LCU | +44.3% |
| 1980 | -3.56 million current LCU | -29.2% |
| 1981 | -6.67 million current LCU | +87.5% |
| 1982 | -3.56 million current LCU | -46.6% |
| 1983 | -14.30 million current LCU | +301.9% |
| 1984 | -9.07 million current LCU | -36.6% |
| 1985 | -13.52 million current LCU | +49.1% |
| 1986 | -20.44 million current LCU | +51.2% |
| 1987 | -13.42 million current LCU | -34.3% |
| 1988 | -26.02 million current LCU | +93.9% |
| 1989 | -23.10 million current LCU | -11.2% |
| 1990 | -18.74 million current LCU | -18.9% |
| 1991 | -35.85 million current LCU | +91.4% |
| 1992 | -14.07 million current LCU | -60.8% |
| 1993 | -18.33 million current LCU | +30.3% |
| 1994 | -11.16 million current LCU | -39.1% |
| 1995 | -14.72 million current LCU | +32.0% |
| 1996 | -15.64 million current LCU | +6.3% |
| 1997 | -22.49 million current LCU | +43.8% |
| 1998 | -34.94 million current LCU | +55.3% |
| 1999 | -14.00 million current LCU | -59.9% |
| 2000 | -18.48 million current LCU | +32.0% |
| 2001 | -22.58 million current LCU | +22.1% |
| 2002 | -51.71 million current LCU | +129.1% |
| 2003 | -45.92 million current LCU | -11.2% |
| 2004 | -55.02 million current LCU | +19.8% |
| 2005 | -83.79 million current LCU | +52.3% |
| 2006 | -87.22 million current LCU | +4.1% |
| 2007 | -112.77 million current LCU | +29.3% |
| 2008 | -121.65 million current LCU | +7.9% |
| 2009 | -134.56 million current LCU | +10.6% |
| 2010 | -91.27 million current LCU | -32.2% |
| 2011 | -49.62 million current LCU | -45.6% |
| 2012 | -44.04 million current LCU | -11.2% |
| 2013 | -94.53 million current LCU | +114.6% |
| 2014 | -147.89 million current LCU | +56.5% |
| 2015 | -186.62 million current LCU | +26.2% |
| 2016 | -157.48 million current LCU | -15.6% |
| 2017 | -164.35 million current LCU | +4.4% |
| 2018 | -204.09 million current LCU | +24.2% |
| 2019 | -200.39 million current LCU | -1.8% |
| 2020 | -187.16 million current LCU | -6.6% |
| 2021 | -154.73 million current LCU | -17.3% |
| 2022 | -199.13 million current LCU | +28.7% |
| 2023 | -347.75 million current LCU | +74.6% |
| 2024 | -303.53 million current LCU | -12.7% |
Tonga compared with similar countries
- Tonga's -303.53 million current LCU is below the median for upper middle income countries, which is 263.83 billion current LCU. (52 countries reporting)
- Tonga's -303.53 million current LCU is below the median for East Asia & Pacific, which is 241.14 billion current LCU. (29 countries reporting)
Biggest year-on-year movements
Years where Gross domestic savings in Tonga changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1976 | -423.5% | -470,700 current LCU | -2.46 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -2.48 million current LCU | -5.02 million current LCU | -470,700 current LCU | 5 |
| 1980s | -13.36 million current LCU | -26.02 million current LCU | -3.56 million current LCU | 10 |
| 1990s | -19.99 million current LCU | -35.85 million current LCU | -11.16 million current LCU | 10 |
| 2000s | -73.37 million current LCU | -134.56 million current LCU | -18.48 million current LCU | 10 |
| 2010s | -134.03 million current LCU | -204.09 million current LCU | -44.04 million current LCU | 10 |
| 2020s | -238.46 million current LCU | -347.75 million current LCU | -154.73 million current LCU | 5 |
Countries ranked near Tonga
- 160 Palau -41.59 million current LCU compare
- 161 Marshall Islands -68.44 million current LCU compare
- 162 United States Virgin Islands -155.00 million current LCU compare
- 164 Kiribati -326.70 million current LCU compare
- 165 Guyana -528.00 million current LCU compare
- 166 East Timor -824.73 million current LCU 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 domestic savings in Tonga?
- Gross domestic savings in Tonga was -303.53 million current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic savings recorded in Tonga?
- The highest recorded value was -470,700 current LCU in 1975.
- What is the lowest gross domestic savings recorded in Tonga?
- The lowest recorded value was -347.75 million current LCU in 2023.
- How does Tonga rank for gross domestic savings?
- Tonga ranks 163rd out of 188 countries with data for 2024.
- Is gross domestic savings rising or falling in Tonga?
- Over the last ten years it is down 105.2%. 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 domestic savings (current LCU). Statizoid updates them automatically from the source API.
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About this data
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). 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.