Gross fixed capital formation in Tonga
Tonga: Gross fixed capital formation was 402.00 million current LCU in 2024. ◆ Volatile
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 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
| 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
- 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 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.
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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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.