Gross fixed capital formation in Tonga
Tonga: Gross fixed capital formation was 402.00 million current LCU in 2024. ◆ Volatile
Latest (2024)
402.00 million current LCU
Change on year
up 10.1%
World rank
177th
of 181 countries
All-time high
402.00 million current LCU
in 2024
All-time low
4.86 million current LCU
in 1976
Years of data
50
1975–2024
Gross fixed capital formation in Tonga, 1975–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2024, gross fixed capital formation in Tonga stood at 402.00 million current LCU. That is the highest value across all 50 years on record.
The figure is up 10.1% on the previous year and up 132.9% over ten years.
Over the whole period, gross fixed capital formation in Tonga peaked at 402.00 million current LCU in 2024 and was at its lowest, 4.86 million current LCU, in 1976.
That places Tonga 177th out of 181 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 fixed capital formation in Tonga, year by year
| Year | current LCU | Change |
|---|---|---|
| 1975 | 5.66 million current LCU | — |
| 1976 | 4.86 million current LCU | -14.0% |
| 1977 | 5.90 million current LCU | +21.4% |
| 1978 | 8.96 million current LCU | +51.8% |
| 1979 | 11.24 million current LCU | +25.4% |
| 1980 | 13.58 million current LCU | +20.9% |
| 1981 | 15.33 million current LCU | +12.9% |
| 1982 | 17.94 million current LCU | +17.0% |
| 1983 | 18.17 million current LCU | +1.3% |
| 1984 | 17.23 million current LCU | -5.2% |
| 1985 | 20.00 million current LCU | +16.1% |
| 1986 | 22.96 million current LCU | +14.8% |
| 1987 | 26.21 million current LCU | +14.1% |
| 1988 | 26.00 million current LCU | -0.8% |
| 1989 | 27.04 million current LCU | +4.0% |
| 1990 | 26.50 million current LCU | -2.0% |
| 1991 | 26.32 million current LCU | -0.7% |
| 1992 | 29.23 million current LCU | +11.1% |
| 1993 | 30.30 million current LCU | +3.7% |
| 1994 | 54.06 million current LCU | +78.4% |
| 1995 | 67.39 million current LCU | +24.7% |
| 1996 | 69.16 million current LCU | +2.6% |
| 1997 | 51.42 million current LCU | -25.6% |
| 1998 | 56.87 million current LCU | +10.6% |
| 1999 | 61.65 million current LCU | +8.4% |
| 2000 | 66.23 million current LCU | +7.4% |
| 2001 | 82.18 million current LCU | +24.1% |
| 2002 | 95.33 million current LCU | +16.0% |
| 2003 | 89.36 million current LCU | -6.3% |
| 2004 | 92.99 million current LCU | +4.1% |
| 2005 | 109.89 million current LCU | +18.2% |
| 2006 | 120.48 million current LCU | +9.6% |
| 2007 | 120.91 million current LCU | +0.4% |
| 2008 | 131.05 million current LCU | +8.4% |
| 2009 | 158.38 million current LCU | +20.9% |
| 2010 | 202.83 million current LCU | +28.1% |
| 2011 | 211.85 million current LCU | +4.4% |
| 2012 | 279.39 million current LCU | +31.9% |
| 2013 | 173.91 million current LCU | -37.8% |
| 2014 | 172.61 million current LCU | -0.8% |
| 2015 | 198.23 million current LCU | +14.8% |
| 2016 | 225.81 million current LCU | +13.9% |
| 2017 | 271.48 million current LCU | +20.2% |
| 2018 | 242.99 million current LCU | -10.5% |
| 2019 | 298.09 million current LCU | +22.7% |
| 2020 | 273.94 million current LCU | -8.1% |
| 2021 | 373.21 million current LCU | +36.2% |
| 2022 | 350.13 million current LCU | -6.2% |
| 2023 | 365.17 million current LCU | +4.3% |
| 2024 | 402.00 million current LCU | +10.1% |
Tonga compared with similar countries
- Tonga's 402.00 million current LCU is below the median for upper middle income countries, which is 431.60 billion current LCU, 0% of the median. (51 countries reporting)
- Tonga's 402.00 million current LCU is below the median for East Asia & Pacific, which is 174.36 billion current LCU, 0% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.32 million current LCU | 4.86 million current LCU | 11.24 million current LCU | 5 |
| 1980s | 20.45 million current LCU | 13.58 million current LCU | 27.04 million current LCU | 10 |
| 1990s | 47.29 million current LCU | 26.32 million current LCU | 69.16 million current LCU | 10 |
| 2000s | 106.68 million current LCU | 66.23 million current LCU | 158.38 million current LCU | 10 |
| 2010s | 227.72 million current LCU | 172.61 million current LCU | 298.09 million current LCU | 10 |
| 2020s | 352.89 million current LCU | 273.94 million current LCU | 402.00 million current LCU | 5 |
Countries ranked near Tonga
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 in Tonga?
- Gross fixed capital formation in Tonga was 402.00 million current 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 402.00 million current LCU in 2024.
- What is the lowest gross fixed capital formation recorded in Tonga?
- The lowest recorded value was 4.86 million current LCU in 1976.
- How does Tonga rank for gross fixed capital formation?
- Tonga ranks 177th out of 181 countries with data for 2024.
- Is gross fixed capital formation rising or falling in Tonga?
- Over the last ten years it is up 132.9%. 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 fixed capital formation (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.