Gross Fixed Capital Formation — Share of GDP US$, 2015 prices in Tonga
Tonga: Gross Fixed Capital Formation — Share of GDP US$, 2015 prices was 26.19 % in 2024. ▲ Rising
Gross Fixed Capital Formation — Share of GDP US$, 2015 prices in Tonga, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
The most recent figure for gross fixed capital formation — share of gdp us$, 2015 prices in Tonga is 26.19 %, measured in 2024.
Compared with earlier readings it is up 1.2% on the previous year and up 20.8% over ten years.
Over the whole period, gross fixed capital formation — share of gdp us$, 2015 prices in Tonga peaked at 32.9 % in 2021 and was at its lowest, 14.22 %, in 1991.
That places Tonga 58th out of 203 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital Formation — Share of GDP US$, 2015 prices in Tonga, year by year
| Year | % | Change |
|---|---|---|
| 1970 | 19.83 % | — |
| 1971 | 19.68 % | -0.7% |
| 1972 | 20.1 % | +2.1% |
| 1973 | 19.7 % | -2.0% |
| 1974 | 19.24 % | -2.3% |
| 1975 | 21.36 % | +11.0% |
| 1976 | 18.51 % | -13.3% |
| 1977 | 17.86 % | -3.5% |
| 1978 | 22.91 % | +28.3% |
| 1979 | 26.09 % | +13.8% |
| 1980 | 22.13 % | -15.1% |
| 1981 | 18.19 % | -17.8% |
| 1982 | 17.26 % | -5.2% |
| 1983 | 21.97 % | +27.3% |
| 1984 | 21.88 % | -0.4% |
| 1985 | 21.62 % | -1.2% |
| 1986 | 20.92 % | -3.2% |
| 1987 | 20.88 % | -0.2% |
| 1988 | 19.36 % | -7.3% |
| 1989 | 18.78 % | -3.0% |
| 1990 | 16.4 % | -12.6% |
| 1991 | 14.22 % | -13.3% |
| 1992 | 14.84 % | +4.4% |
| 1993 | 14.23 % | -4.1% |
| 1994 | 19.63 % | +38.0% |
| 1995 | 24.62 % | +25.4% |
| 1996 | 26.04 % | +5.8% |
| 1997 | 19.45 % | -25.3% |
| 1998 | 22.65 % | +16.5% |
| 1999 | 22.47 % | -0.8% |
| 2000 | 18.8 % | -16.3% |
| 2001 | 22.52 % | +19.8% |
| 2002 | 23.61 % | +4.8% |
| 2003 | 19.6 % | -17.0% |
| 2004 | 19.92 % | +1.6% |
| 2005 | 20.34 % | +2.1% |
| 2006 | 19.36 % | -4.8% |
| 2007 | 19.27 % | -0.5% |
| 2008 | 19.73 % | +2.3% |
| 2009 | 26.64 % | +35.1% |
| 2010 | 27.03 % | +1.4% |
| 2011 | 24.21 % | -10.5% |
| 2012 | 31.67 % | +30.8% |
| 2013 | 20.46 % | -35.4% |
| 2014 | 21.68 % | +6.0% |
| 2015 | 22.53 % | +3.9% |
| 2016 | 25.13 % | +11.6% |
| 2017 | 27.96 % | +11.2% |
| 2018 | 20 % | -28.5% |
| 2019 | 24.15 % | +20.7% |
| 2020 | 22.2 % | -8.1% |
| 2021 | 32.9 % | +48.2% |
| 2022 | 25.92 % | -21.2% |
| 2023 | 25.89 % | -0.1% |
| 2024 | 26.19 % | +1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 20.53 % | 17.86 % | 26.09 % | 10 |
| 1980s | 20.3 % | 17.26 % | 22.13 % | 10 |
| 1990s | 19.45 % | 14.22 % | 26.04 % | 10 |
| 2000s | 20.98 % | 18.8 % | 26.64 % | 10 |
| 2010s | 24.48 % | 20 % | 31.67 % | 10 |
| 2020s | 26.62 % | 22.2 % | 32.9 % | 5 |
Countries ranked near Tonga
- 55 Central African Republic 26.34 % compare
- 56 Kiribati 26.21 % compare
- 57 Romania 26.2 % compare
- 59 Australia and New Zealand 26.13 % compare
- 60 Montserrat 25.99 % compare
- 61 Kuwait 25.9 % 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)
- Services, value added (current US$), annual growth rate 8.54 % change on previous year (2024)
- Services, value added (current US$), per unit of GDP 0.4954 current US$ per US$ of GDP (2024)
- Services, value added (current US$), per capita 3,079 current US$ per person (2024)
- Services, value added (current LCU), annual growth rate 9.11 % change on previous year (2024)
- Services, value added (current LCU), per unit of GDP 1.18 current LCU per US$ of GDP (2024)
- Services, value added (current LCU), per capita 7,309 current LCU per person (2024)
- Services, value added (constant 2015 US$), annual growth rate 5.19 % change on previous year (2024)
- Services, value added (constant 2015 US$), per unit of GDP 0.3972 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross fixed capital formation — share of gdp us$, 2015 prices in Tonga?
- Gross fixed capital formation — share of gdp us$, 2015 prices in Tonga was 26.19 % in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — share of gdp us$, 2015 prices recorded in Tonga?
- The highest recorded value was 32.9 % in 2021.
- What is the lowest gross fixed capital formation — share of gdp us$, 2015 prices recorded in Tonga?
- The lowest recorded value was 14.22 % in 1991.
- How does Tonga rank for gross fixed capital formation — share of gdp us$, 2015 prices?
- Tonga ranks 58th out of 203 countries with data for 2024.
- Is gross fixed capital formation — share of gdp us$, 2015 prices rising or falling in Tonga?
- Over the last ten years it is up 20.8%. 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 — Share of GDP US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).