Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Tonga

Tonga: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 0.3442 million SLC per square kilometre in 2023. ▲ Rising

Latest (2023)
0.3442 million SLC per square kilometre
Change on year
up 2.0%
World rank
139th
of 194 countries
All-time high
0.4387 million SLC per square kilometre
in 2021
All-time low
0.0756 million SLC per square kilometre
in 1970
Years of data
54
1970–2023

Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Tonga, 1970–2023

0.10.20.30.4197019962023

Source: Statizoid (derived). Measured in million SLC per square kilometre.

Analysis

In 2023, gross fixed capital formation — value standard local currency, 2015 in Tonga stood at 0.3442 million SLC per square kilometre.

The figure is up 2.0% on the previous year and up 46.9% over ten years.

Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Tonga peaked at 0.4387 million SLC per square kilometre in 2021 and was at its lowest, 0.0756 million SLC per square kilometre, in 1970.

That places Tonga 139th out of 194 countries with data for 2023, putting it in the middle of the range.

The long-run direction has been consistently rising across the 54 years of available data.

Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Tonga, year by year

Annual values for Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices, per square kilometre in Tonga, 1970 to 2023.
Year million SLC per square kilometre Change
1970 0.0756 million SLC per square kilometre
1971 0.0768 million SLC per square kilometre +1.6%
1972 0.0803 million SLC per square kilometre +4.6%
1973 0.0803 million SLC per square kilometre -0.0%
1974 0.0805 million SLC per square kilometre +0.3%
1975 0.0916 million SLC per square kilometre +13.8%
1976 0.08 million SLC per square kilometre -12.6%
1977 0.0809 million SLC per square kilometre +1.1%
1978 0.1058 million SLC per square kilometre +30.8%
1979 0.1227 million SLC per square kilometre +16.0%
1980 0.1205 million SLC per square kilometre -1.7%
1981 0.1129 million SLC per square kilometre -6.3%
1982 0.1229 million SLC per square kilometre +8.9%
1983 0.1656 million SLC per square kilometre +34.7%
1984 0.1678 million SLC per square kilometre +1.3%
1985 0.1766 million SLC per square kilometre +5.3%
1986 0.1746 million SLC per square kilometre -1.2%
1987 0.1795 million SLC per square kilometre +2.8%
1988 0.1632 million SLC per square kilometre -9.0%
1989 0.1589 million SLC per square kilometre -2.6%
1990 0.136 million SLC per square kilometre -14.4%
1991 0.1255 million SLC per square kilometre -7.8%
1992 0.1313 million SLC per square kilometre +4.6%
1993 0.1306 million SLC per square kilometre -0.5%
1994 0.1891 million SLC per square kilometre +44.8%
1995 0.2439 million SLC per square kilometre +29.0%
1996 0.2582 million SLC per square kilometre +5.9%
1997 0.1916 million SLC per square kilometre -25.8%
1998 0.2284 million SLC per square kilometre +19.2%
1999 0.2317 million SLC per square kilometre +1.5%
2000 0.2012 million SLC per square kilometre -13.2%
2001 0.2445 million SLC per square kilometre +21.5%
2002 0.2679 million SLC per square kilometre +9.5%
2003 0.2225 million SLC per square kilometre -16.9%
2004 0.2219 million SLC per square kilometre -0.3%
2005 0.2257 million SLC per square kilometre +1.7%
2006 0.2101 million SLC per square kilometre -6.9%
2007 0.2039 million SLC per square kilometre -2.9%
2008 0.2186 million SLC per square kilometre +7.2%
2009 0.2799 million SLC per square kilometre +28.1%
2010 0.2862 million SLC per square kilometre +2.3%
2011 0.2738 million SLC per square kilometre -4.3%
2012 0.3667 million SLC per square kilometre +34.0%
2013 0.2343 million SLC per square kilometre -36.1%
2014 0.2532 million SLC per square kilometre +8.1%
2015 0.266 million SLC per square kilometre +5.0%
2016 0.3164 million SLC per square kilometre +18.9%
2017 0.3632 million SLC per square kilometre +14.8%
2018 0.2616 million SLC per square kilometre -28.0%
2019 0.3152 million SLC per square kilometre +20.5%
2020 0.2949 million SLC per square kilometre -6.4%
2021 0.4387 million SLC per square kilometre +48.7%
2022 0.3376 million SLC per square kilometre -23.0%
2023 0.3442 million SLC per square kilometre +2.0%

Tonga compared with similar countries

  • Tonga's 0.3442 million SLC per square kilometre is below the median for upper middle income countries, which is 0.9583 million SLC per square kilometre, 36% of the median. (54 countries reporting)
  • Tonga's 0.3442 million SLC per square kilometre is below the median for East Asia & Pacific, which is 1.58 million SLC per square kilometre, 22% of the median. (28 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.0874 million SLC per square kilometre 0.0756 million SLC per square kilometre 0.1227 million SLC per square kilometre 10
1980s 0.1543 million SLC per square kilometre 0.1129 million SLC per square kilometre 0.1795 million SLC per square kilometre 10
1990s 0.1866 million SLC per square kilometre 0.1255 million SLC per square kilometre 0.2582 million SLC per square kilometre 10
2000s 0.2296 million SLC per square kilometre 0.2012 million SLC per square kilometre 0.2799 million SLC per square kilometre 10
2010s 0.2937 million SLC per square kilometre 0.2343 million SLC per square kilometre 0.3667 million SLC per square kilometre 10
2020s 0.3539 million SLC per square kilometre 0.2949 million SLC per square kilometre 0.4387 million SLC per square kilometre 4

Countries ranked near Tonga

  1. 136 Central African Republic 0.4236 million SLC per square kilometre compare
  2. 137 Saudi Arabia 0.4085 million SLC per square kilometre compare
  3. 138 Argentina 0.3638 million SLC per square kilometre compare
  4. 140 Panama 0.331 million SLC per square kilometre compare
  5. 141 Marshall Islands 0.3102 million SLC per square kilometre compare
  6. 142 Lesotho 0.3088 million SLC per square kilometre compare

See the full ranking of 194 places →

More economy & growth data for Tonga

All data for Tonga →

Frequently asked questions

What is gross fixed capital formation — value standard local currency, 2015 in Tonga?
Gross fixed capital formation — value standard local currency, 2015 in Tonga was 0.3442 million SLC per square kilometre in 2023, according to Statizoid (derived).
What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Tonga?
The highest recorded value was 0.4387 million SLC per square kilometre in 2021.
What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Tonga?
The lowest recorded value was 0.0756 million SLC per square kilometre in 1970.
How does Tonga rank for gross fixed capital formation — value standard local currency, 2015?
Tonga ranks 139th out of 194 countries with data for 2023.
Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Tonga?
Over the last ten years it is up 46.9%. The long-run trend across the full record is rising.
Where does this Tonga data come from?
The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices, per square kilometre. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Tonga. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-standard-local-currency-2015-prices-per-square/tonga/

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How this figure is calculated

Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices ÷ Land area (sq. km)

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices, per square kilometre
Unit
million SLC per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
194 places, 9,587 data points, 1970–2023
Last refreshed

Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.