Gross fixed capital formation in Tonga
Tonga: Gross fixed capital formation was 149.77 million constant 2015 US$ in 2024. ▲ Rising
Gross fixed capital formation in Tonga, 1994–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2024, gross fixed capital formation in Tonga stood at 149.77 million constant 2015 US$. That is the highest value across all 31 years on record.
Compared with earlier readings it is up 9.2% on the previous year and up 56.3% over ten years.
Over the whole period, gross fixed capital formation in Tonga peaked at 149.77 million constant 2015 US$ in 2024 and was at its lowest, 69.06 million constant 2015 US$, in 1994.
Tonga ranks 154th of 159 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 31 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 81.79 million constant 2015 US$ | 69.06 million constant 2015 US$ | 94.73 million constant 2015 US$ | 6 |
| 2000s | 80.41 million constant 2015 US$ | 69.85 million constant 2015 US$ | 95.91 million constant 2015 US$ | 10 |
| 2010s | 107.30 million constant 2015 US$ | 86.76 million constant 2015 US$ | 138.90 million constant 2015 US$ | 10 |
| 2020s | 135.96 million constant 2015 US$ | 112.13 million constant 2015 US$ | 149.77 million constant 2015 US$ | 5 |
Countries ranked near Tonga
- 151 San Marino 294.14 million constant 2015 US$ compare
- 152 Vanuatu 280.36 million constant 2015 US$ compare
- 153 Comoros 163.18 million constant 2015 US$ compare
- 155 Kiribati 90.99 million constant 2015 US$ compare
- 156 Lebanon 88.48 million constant 2015 US$ compare
- 157 Palau 87.75 million constant 2015 US$ compare
More economy & growth data for Tonga
- External balance on goods and services as a percent of GDP -43.8% (2024)
- Inflation of consumer prices 5.6% (2025)
- GDP per capita 4,934 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 5.5% (2024)
- Gross domestic product (GDP) 511.89 million constant 2015 US$ (2025)
- GDP per capita in international and market dollars 4,934 constant 2015 US$ (2025)
- DEC alternative conversion factor 2.4 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 468.46 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) 197.32 million current US$ (2024)
- Taxes less subsidies on products 218.66 million current LCU (2024)
Frequently asked questions
- What is gross fixed capital formation in Tonga?
- Gross fixed capital formation in Tonga was 149.77 million constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in Tonga?
- The highest recorded value was 149.77 million constant 2015 US$ in 2024.
- What is the lowest gross fixed capital formation recorded in Tonga?
- The lowest recorded value was 69.06 million constant 2015 US$ in 1994.
- How does Tonga rank for gross fixed capital formation?
- Tonga ranks 154th out of 159 countries with data for 2024.
- Is gross fixed capital formation rising or falling in Tonga?
- Over the last ten years it is up 56.3%. 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 fixed capital formation (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. 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 is 2015. This indicator is expressed in United States dollars.