Gross fixed capital formation (current LCU), annual growth rate in Tonga
Tonga: Gross fixed capital formation (current LCU), annual growth rate was 10.09 % change on previous year in 2024. ◆ Volatile
Gross fixed capital formation (current LCU), annual growth rate in Tonga, 1976–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross fixed capital formation (current lcu), annual growth rate in Tonga stood at 10.09 % change on previous year.
The figure is up 134.7% on the previous year and up 1,440.0% over ten years.
Over the whole period, gross fixed capital formation (current lcu), annual growth rate in Tonga peaked at 78.37 % change on previous year in 1994 and was at its lowest, -37.75 % change on previous year, in 2013.
That places Tonga 74th out of 179 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 fixed capital formation (current LCU), annual growth rate in Tonga, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1976 | -14.04 % change on previous year | — |
| 1977 | 21.39 % change on previous year | -252.3% |
| 1978 | 51.84 % change on previous year | +142.4% |
| 1979 | 25.36 % change on previous year | -51.1% |
| 1980 | 20.88 % change on previous year | -17.7% |
| 1981 | 12.88 % change on previous year | -38.3% |
| 1982 | 17 % change on previous year | +32.0% |
| 1983 | 1.29 % change on previous year | -92.4% |
| 1984 | -5.15 % change on previous year | -498.3% |
| 1985 | 16.07 % change on previous year | -411.9% |
| 1986 | 14.8 % change on previous year | -7.9% |
| 1987 | 14.14 % change on previous year | -4.5% |
| 1988 | -0.7897 % change on previous year | -105.6% |
| 1989 | 3.99 % change on previous year | -605.4% |
| 1990 | -1.99 % change on previous year | -149.9% |
| 1991 | -0.6867 % change on previous year | -65.5% |
| 1992 | 11.06 % change on previous year | -1710.5% |
| 1993 | 3.67 % change on previous year | -66.8% |
| 1994 | 78.37 % change on previous year | +2037.2% |
| 1995 | 24.66 % change on previous year | -68.5% |
| 1996 | 2.63 % change on previous year | -89.3% |
| 1997 | -25.65 % change on previous year | -1074.8% |
| 1998 | 10.59 % change on previous year | -141.3% |
| 1999 | 8.41 % change on previous year | -20.6% |
| 2000 | 7.43 % change on previous year | -11.7% |
| 2001 | 24.08 % change on previous year | +224.1% |
| 2002 | 16 % change on previous year | -33.5% |
| 2003 | -6.26 % change on previous year | -139.1% |
| 2004 | 4.06 % change on previous year | -164.9% |
| 2005 | 18.17 % change on previous year | +346.9% |
| 2006 | 9.64 % change on previous year | -46.9% |
| 2007 | 0.3586 % change on previous year | -96.3% |
| 2008 | 8.39 % change on previous year | +2239.8% |
| 2009 | 20.85 % change on previous year | +148.5% |
| 2010 | 28.07 % change on previous year | +34.6% |
| 2011 | 4.45 % change on previous year | -84.2% |
| 2012 | 31.88 % change on previous year | +616.8% |
| 2013 | -37.75 % change on previous year | -218.4% |
| 2014 | -0.7527 % change on previous year | -98.0% |
| 2015 | 14.84 % change on previous year | -2072.1% |
| 2016 | 13.92 % change on previous year | -6.2% |
| 2017 | 20.22 % change on previous year | +45.3% |
| 2018 | -10.49 % change on previous year | -151.9% |
| 2019 | 22.67 % change on previous year | -316.1% |
| 2020 | -8.1 % change on previous year | -135.7% |
| 2021 | 36.24 % change on previous year | -547.2% |
| 2022 | -6.19 % change on previous year | -117.1% |
| 2023 | 4.3 % change on previous year | -169.5% |
| 2024 | 10.09 % change on previous year | +134.7% |
Tonga compared with similar countries
- Tonga's 10.09 % change on previous year is below the median for upper middle income countries, which is 10.18 % change on previous year, 99% of the median. (50 countries reporting)
- Tonga's 10.09 % change on previous year is above the median for East Asia & Pacific, which is 6.2 % change on previous year, 1.6× the median. (29 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation (current LCU), annual growth rate 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 |
|---|---|---|---|
| 2008 | +2239.8% | 0.3586 % change on previous year | 8.39 % change on previous year |
| 2015 | +2072.1% | -0.7527 % change on previous year | 14.84 % change on previous year |
| 1994 | +2037.2% | 3.67 % change on previous year | 78.37 % change on previous year |
| 1992 | +1710.5% | -0.6867 % change on previous year | 11.06 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 21.14 % change on previous year | -14.04 % change on previous year | 51.84 % change on previous year | 4 |
| 1980s | 9.51 % change on previous year | -5.15 % change on previous year | 20.88 % change on previous year | 10 |
| 1990s | 11.11 % change on previous year | -25.65 % change on previous year | 78.37 % change on previous year | 10 |
| 2000s | 10.27 % change on previous year | -6.26 % change on previous year | 24.08 % change on previous year | 10 |
| 2010s | 8.71 % change on previous year | -37.75 % change on previous year | 31.88 % change on previous year | 10 |
| 2020s | 7.27 % change on previous year | -8.1 % change on previous year | 36.24 % change on previous year | 5 |
Countries ranked near Tonga
- 71 Greece 10.41 % change on previous year compare
- 72 Romania 10.3 % change on previous year compare
- 73 Bosnia and Herzegovina 10.26 % change on previous year compare
- 75 Chad 9.64 % change on previous year compare
- 76 Lithuania 9.18 % change on previous year compare
- 77 Congo 9.09 % 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.25 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0019 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 12.03 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -12.08 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -560.68 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0187 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita -115.95 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 9.39 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation (current lcu), annual growth rate in Tonga?
- Gross fixed capital formation (current lcu), annual growth rate in Tonga was 10.09 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation (current lcu), annual growth rate recorded in Tonga?
- The highest recorded value was 78.37 % change on previous year in 1994.
- What is the lowest gross fixed capital formation (current lcu), annual growth rate recorded in Tonga?
- The lowest recorded value was -37.75 % change on previous year in 2013.
- How does Tonga rank for gross fixed capital formation (current lcu), annual growth rate?
- Tonga ranks 74th out of 179 countries with data for 2024.
- Is gross fixed capital formation (current lcu), annual growth rate rising or falling in Tonga?
- Over the last ten years it is up 1,440.0%. 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 fixed capital formation (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross fixed capital formation (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross fixed 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 fixed capital formation (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.