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
176th
of 180 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

0100.0M200.0M300.0M400.0M197519992024

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 176th out of 180 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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 173 Samoa 1.03 billion current LCU compare
  2. 174 Bermuda 1.01 billion current LCU compare
  3. 175 East Timor 503.86 million current LCU compare
  4. 177 San Marino 316.53 million current LCU compare
  5. 178 Kiribati 150.99 million current LCU compare
  6. 179 Palau 115.22 million current LCU compare

See the full ranking of 180 places →

More economy & growth data for Tonga

All data for Tonga →

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 176th out of 180 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

Indicator
Gross fixed capital formation (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
180 places, 8,131 data points, 1960–2025
Last refreshed

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.