Gross fixed capital formation (constant LCU) in Tonga
Tonga: Gross fixed capital formation (constant LCU) was 292.73 million constant LCU 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 LCU.
Analysis
In 2024, gross fixed capital formation in Tonga stood at 292.73 million constant LCU. That is the highest value across all 31 years on record.
The figure 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 292.73 million constant LCU in 2024 and was at its lowest, 134.99 million constant LCU, in 1994.
That places Tonga 162nd out of 168 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 31 years of available data.
Gross fixed capital formation (constant LCU) in Tonga, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1994 | 134.99 million constant LCU | — |
| 1995 | 174.18 million constant LCU | +29.0% |
| 1996 | 185.14 million constant LCU | +6.3% |
| 1997 | 136.02 million constant LCU | -26.5% |
| 1998 | 163.92 million constant LCU | +20.5% |
| 1999 | 164.90 million constant LCU | +0.6% |
| 2000 | 143.35 million constant LCU | -13.1% |
| 2001 | 167.90 million constant LCU | +17.1% |
| 2002 | 167.90 million constant LCU | +0.0% |
| 2003 | 187.46 million constant LCU | +11.6% |
| 2004 | 154.80 million constant LCU | -17.4% |
| 2005 | 153.97 million constant LCU | -0.5% |
| 2006 | 159.52 million constant LCU | +3.6% |
| 2007 | 148.38 million constant LCU | -7.0% |
| 2008 | 136.51 million constant LCU | -8.0% |
| 2009 | 151.79 million constant LCU | +11.2% |
| 2010 | 196.54 million constant LCU | +29.5% |
| 2011 | 207.17 million constant LCU | +5.4% |
| 2012 | 198.16 million constant LCU | -4.3% |
| 2013 | 169.58 million constant LCU | -14.4% |
| 2014 | 187.29 million constant LCU | +10.4% |
| 2015 | 199.39 million constant LCU | +6.5% |
| 2016 | 233.80 million constant LCU | +17.3% |
| 2017 | 271.48 million constant LCU | +16.1% |
| 2018 | 197.15 million constant LCU | -27.4% |
| 2019 | 236.61 million constant LCU | +20.0% |
| 2020 | 219.16 million constant LCU | -7.4% |
| 2021 | 286.85 million constant LCU | +30.9% |
| 2022 | 261.75 million constant LCU | -8.7% |
| 2023 | 268.18 million constant LCU | +2.5% |
| 2024 | 292.73 million constant LCU | +9.2% |
Tonga compared with similar countries
- Tonga's 292.73 million constant LCU is below the median for upper middle income countries, which is 349.48 billion constant LCU, 0% of the median. (46 countries reporting)
- Tonga's 292.73 million constant LCU is below the median for East Asia & Pacific, which is 144.50 billion constant LCU, 0% of the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 159.86 million constant LCU | 134.99 million constant LCU | 185.14 million constant LCU | 6 |
| 2000s | 157.16 million constant LCU | 136.51 million constant LCU | 187.46 million constant LCU | 10 |
| 2010s | 209.72 million constant LCU | 169.58 million constant LCU | 271.48 million constant LCU | 10 |
| 2020s | 265.73 million constant LCU | 219.16 million constant LCU | 292.73 million constant LCU | 5 |
Countries ranked near Tonga
- 159 Bermuda 850.30 million constant LCU compare
- 160 Samoa 760.56 million constant LCU compare
- 161 East Timor 480.08 million constant LCU compare
- 163 Tajikistan 279.91 million constant LCU compare
- 164 San Marino 239.14 million constant LCU compare
- 165 Kiribati 122.32 million constant LCU compare
More economy & growth data for Tonga
- Real gdp growth, annual growth rate -38.46 % change on previous year (2024)
- 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)
Frequently asked questions
- What is gross fixed capital formation in Tonga?
- Gross fixed capital formation in Tonga was 292.73 million constant LCU 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 292.73 million constant LCU in 2024.
- What is the lowest gross fixed capital formation recorded in Tonga?
- The lowest recorded value was 134.99 million constant LCU in 1994.
- How does Tonga rank for gross fixed capital formation?
- Tonga ranks 162nd out of 168 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 LCU). Statizoid updates them automatically from the source API.
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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 varies by country. This series is expressed in local currency units.