Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Tonga
Tonga: Gross Fixed Capital Formation Deflator — Value US$, 2015 prices was 120.82 USD in 2024. ▲ Rising
Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Tonga, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
In 2024, gross fixed capital formation deflator — value us$, 2015 prices in Tonga stood at 120.82 USD.
That represents a change of up 2.7% on the previous year and up 14.5% over ten years.
Over the whole period, gross fixed capital formation deflator — value us$, 2015 prices in Tonga peaked at 130.9 USD in 2011 and was at its lowest, 14.12 USD, in 1970.
That places Tonga 84th out of 203 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Tonga, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 14.12 USD | — |
| 1971 | 15.62 USD | +10.7% |
| 1972 | 18.33 USD | +17.3% |
| 1973 | 26.57 USD | +45.0% |
| 1974 | 34.62 USD | +30.3% |
| 1975 | 31.21 USD | -9.8% |
| 1976 | 28.67 USD | -8.1% |
| 1977 | 31.08 USD | +8.4% |
| 1978 | 37.1 USD | +19.4% |
| 1979 | 39.1 USD | +5.4% |
| 1980 | 45.59 USD | +16.6% |
| 1981 | 41.52 USD | -8.9% |
| 1982 | 37.69 USD | -9.2% |
| 1983 | 35.82 USD | -5.0% |
| 1984 | 35.14 USD | -1.9% |
| 1985 | 28.18 USD | -19.8% |
| 1986 | 33.02 USD | +17.2% |
| 1987 | 38.56 USD | +16.8% |
| 1988 | 53.98 USD | +40.0% |
| 1989 | 56.26 USD | +4.2% |
| 1990 | 61.48 USD | +9.3% |
| 1991 | 69.64 USD | +13.3% |
| 1992 | 68.56 USD | -1.5% |
| 1993 | 65.23 USD | -4.8% |
| 1994 | 64.05 USD | -1.8% |
| 1995 | 64.28 USD | +0.4% |
| 1996 | 64.12 USD | -0.3% |
| 1997 | 63.21 USD | -1.4% |
| 1998 | 49.21 USD | -22.1% |
| 1999 | 49.43 USD | +0.4% |
| 2000 | 55.46 USD | +12.2% |
| 2001 | 48.36 USD | -12.8% |
| 2002 | 48.87 USD | +1.1% |
| 2003 | 56.71 USD | +16.0% |
| 2004 | 64.8 USD | +14.3% |
| 2005 | 74.94 USD | +15.6% |
| 2006 | 84.51 USD | +12.8% |
| 2007 | 93.69 USD | +10.9% |
| 2008 | 93.72 USD | +0.0% |
| 2009 | 83.9 USD | -10.5% |
| 2010 | 108.74 USD | +29.6% |
| 2011 | 130.9 USD | +20.4% |
| 2012 | 129.57 USD | -1.0% |
| 2013 | 122.4 USD | -5.5% |
| 2014 | 105.5 USD | -13.8% |
| 2015 | 100 USD | -5.2% |
| 2016 | 92.36 USD | -7.6% |
| 2017 | 95.96 USD | +3.9% |
| 2018 | 117.26 USD | +22.2% |
| 2019 | 117.01 USD | -0.2% |
| 2020 | 115.36 USD | -1.4% |
| 2021 | 118.91 USD | +3.1% |
| 2022 | 119.16 USD | +0.2% |
| 2023 | 117.7 USD | -1.2% |
| 2024 | 120.82 USD | +2.7% |
Tonga compared with similar countries
- Tonga's 120.82 USD is above the median for upper middle income countries, which is 119.58 USD, 1.0× the median. (51 countries reporting)
- Tonga's 120.82 USD is above the median for East Asia & Pacific, which is 107.04 USD, 1.1× the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 27.64 USD | 14.12 USD | 39.1 USD | 10 |
| 1980s | 40.58 USD | 28.18 USD | 56.26 USD | 10 |
| 1990s | 61.92 USD | 49.21 USD | 69.64 USD | 10 |
| 2000s | 70.5 USD | 48.36 USD | 93.72 USD | 10 |
| 2010s | 111.97 USD | 92.36 USD | 130.9 USD | 10 |
| 2020s | 118.39 USD | 115.36 USD | 120.82 USD | 5 |
Countries ranked near Tonga
- 81 Denmark 121.65 USD compare
- 82 Russian Federation 121.58 USD compare
- 83 New Zealand 120.83 USD compare
- 85 Morocco 120.59 USD compare
- 86 Belarus 120.41 USD compare
- 87 Saint Lucia 120.35 USD 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$), annual growth rate 9.39 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation deflator — value us$, 2015 prices in Tonga?
- Gross fixed capital formation deflator — value us$, 2015 prices in Tonga was 120.82 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation deflator — value us$, 2015 prices recorded in Tonga?
- The highest recorded value was 130.9 USD in 2011.
- What is the lowest gross fixed capital formation deflator — value us$, 2015 prices recorded in Tonga?
- The lowest recorded value was 14.12 USD in 1970.
- How does Tonga rank for gross fixed capital formation deflator — value us$, 2015 prices?
- Tonga ranks 84th out of 203 countries with data for 2024.
- Is gross fixed capital formation deflator — value us$, 2015 prices rising or falling in Tonga?
- Over the last ten years it is up 14.5%. The long-run trend across the full record is rising.
- Where does this Tonga data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation Deflator — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).