Gross domestic savings (current US$) in Tonga
Tonga: Gross domestic savings was -127.85 million current US$ in 2024. ◆ Volatile
Latest (2024)
-127.85 million current US$
Change on year
up 13.2%
World rank
166th
of 188 countries
All-time high
-616,180 current US$
in 1975
All-time low
-147.25 million current US$
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 US$.
Analysis
In 2024, gross domestic savings in Tonga stood at -127.85 million current US$.
The figure is up 13.2% on the previous year and down 56.7% over ten years.
Over the whole period, gross domestic savings in Tonga peaked at -616,180 current US$ in 1975 and was at its lowest, -147.25 million current US$, in 2023.
That places Tonga 166th out of 188 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic savings in Tonga, year by year
| Year | current US$ | Change |
|---|---|---|
| 1975 | -616,180 current US$ | — |
| 1976 | -3.01 million current US$ | +388.7% |
| 1977 | -1.06 million current US$ | -64.7% |
| 1978 | -3.98 million current US$ | +274.4% |
| 1979 | -5.61 million current US$ | +41.0% |
| 1980 | -4.05 million current US$ | -27.8% |
| 1981 | -7.66 million current US$ | +89.3% |
| 1982 | -3.61 million current US$ | -52.9% |
| 1983 | -12.88 million current US$ | +257.0% |
| 1984 | -7.96 million current US$ | -38.2% |
| 1985 | -9.44 million current US$ | +18.6% |
| 1986 | -13.66 million current US$ | +44.7% |
| 1987 | -9.40 million current US$ | -31.2% |
| 1988 | -22.23 million current US$ | +136.6% |
| 1989 | -18.35 million current US$ | -17.5% |
| 1990 | -14.46 million current US$ | -21.2% |
| 1991 | -27.65 million current US$ | +91.3% |
| 1992 | -10.44 million current US$ | -62.2% |
| 1993 | -13.24 million current US$ | +26.8% |
| 1994 | -8.45 million current US$ | -36.2% |
| 1995 | -11.58 million current US$ | +37.1% |
| 1996 | -12.70 million current US$ | +9.6% |
| 1997 | -17.80 million current US$ | +40.2% |
| 1998 | -23.42 million current US$ | +31.5% |
| 1999 | -8.84 million current US$ | -62.2% |
| 2000 | -11.28 million current US$ | +27.5% |
| 2001 | -11.53 million current US$ | +2.3% |
| 2002 | -23.72 million current US$ | +105.7% |
| 2003 | -20.92 million current US$ | -11.8% |
| 2004 | -26.90 million current US$ | +28.6% |
| 2005 | -43.23 million current US$ | +60.7% |
| 2006 | -43.42 million current US$ | +0.4% |
| 2007 | -56.31 million current US$ | +29.7% |
| 2008 | -64.00 million current US$ | +13.7% |
| 2009 | -64.51 million current US$ | +0.8% |
| 2010 | -47.31 million current US$ | -26.7% |
| 2011 | -27.09 million current US$ | -42.8% |
| 2012 | -25.99 million current US$ | -4.1% |
| 2013 | -54.52 million current US$ | +109.8% |
| 2014 | -81.60 million current US$ | +49.7% |
| 2015 | -96.04 million current US$ | +17.7% |
| 2016 | -71.02 million current US$ | -26.1% |
| 2017 | -74.35 million current US$ | +4.7% |
| 2018 | -93.03 million current US$ | +25.1% |
| 2019 | -88.20 million current US$ | -5.2% |
| 2020 | -81.01 million current US$ | -8.1% |
| 2021 | -67.93 million current US$ | -16.2% |
| 2022 | -87.65 million current US$ | +29.0% |
| 2023 | -147.25 million current US$ | +68.0% |
| 2024 | -127.85 million current US$ | -13.2% |
Tonga compared with similar countries
- Tonga's -127.85 million current US$ is below the median for upper middle income countries, which is 11.36 billion current US$. (52 countries reporting)
- Tonga's -127.85 million current US$ is below the median for East Asia & Pacific, which is 8.60 billion current US$. (29 countries reporting)
Biggest year-on-year movements
Years where Gross domestic savings in Tonga changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1976 | -388.7% | -616,180 current US$ | -3.01 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -2.86 million current US$ | -5.61 million current US$ | -616,180 current US$ | 5 |
| 1980s | -10.92 million current US$ | -22.23 million current US$ | -3.61 million current US$ | 10 |
| 1990s | -14.86 million current US$ | -27.65 million current US$ | -8.45 million current US$ | 10 |
| 2000s | -36.58 million current US$ | -64.51 million current US$ | -11.28 million current US$ | 10 |
| 2010s | -65.92 million current US$ | -96.04 million current US$ | -25.99 million current US$ | 10 |
| 2020s | -102.34 million current US$ | -147.25 million current US$ | -67.93 million current US$ | 5 |
Countries ranked near Tonga
- 163 Marshall Islands -68.44 million current US$ compare
- 164 Namibia -83.18 million current US$ compare
- 165 Sao Tome and Principe -110.88 million current US$ compare
- 167 Solomon Islands -128.38 million current US$ compare
- 168 Central African Republic -150.63 million current US$ compare
- 169 United States Virgin Islands -155.00 million current US$ 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 -127.85 million current US$ 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 -616,180 current US$ in 1975.
- What is the lowest gross domestic savings recorded in Tonga?
- The lowest recorded value was -147.25 million current US$ in 2023.
- How does Tonga rank for gross domestic savings?
- Tonga ranks 166th 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 56.7%. 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 US$). 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 indicator is expressed in United States dollars.