Gross Fixed Capital Formation — Value US$, 2015 prices in Tonga
Tonga: Gross Fixed Capital Formation — Value US$, 2015 prices was 121.47 million USD in 2024. ▲ Rising
Gross Fixed Capital Formation — Value US$, 2015 prices in Tonga, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for gross fixed capital formation — value us$, 2015 prices in Tonga is 121.47 million USD, measured in 2024.
Compared with earlier readings it is up 3.2% on the previous year and up 40.3% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices in Tonga peaked at 149.98 million USD in 2021 and was at its lowest, 25.84 million USD, in 1970.
That places Tonga 223rd out of 235 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital Formation — Value US$, 2015 prices in Tonga, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 25.84 million USD | — |
| 1971 | 26.25 million USD | +1.6% |
| 1972 | 27.45 million USD | +4.6% |
| 1973 | 27.44 million USD | -0.0% |
| 1974 | 27.52 million USD | +0.3% |
| 1975 | 31.31 million USD | +13.8% |
| 1976 | 27.35 million USD | -12.6% |
| 1977 | 27.66 million USD | +1.1% |
| 1978 | 36.16 million USD | +30.8% |
| 1979 | 41.94 million USD | +16.0% |
| 1980 | 41.21 million USD | -1.7% |
| 1981 | 38.61 million USD | -6.3% |
| 1982 | 42.02 million USD | +8.9% |
| 1983 | 56.61 million USD | +34.7% |
| 1984 | 57.36 million USD | +1.3% |
| 1985 | 60.39 million USD | +5.3% |
| 1986 | 59.68 million USD | -1.2% |
| 1987 | 61.36 million USD | +2.8% |
| 1988 | 55.82 million USD | -9.0% |
| 1989 | 54.35 million USD | -2.6% |
| 1990 | 46.5 million USD | -14.4% |
| 1991 | 42.9 million USD | -7.8% |
| 1992 | 44.88 million USD | +4.6% |
| 1993 | 44.64 million USD | -0.5% |
| 1994 | 64.64 million USD | +44.8% |
| 1995 | 83.41 million USD | +29.0% |
| 1996 | 88.3 million USD | +5.9% |
| 1997 | 65.53 million USD | -25.8% |
| 1998 | 78.09 million USD | +19.2% |
| 1999 | 79.23 million USD | +1.5% |
| 2000 | 68.81 million USD | -13.2% |
| 2001 | 83.61 million USD | +21.5% |
| 2002 | 91.59 million USD | +9.5% |
| 2003 | 76.08 million USD | -16.9% |
| 2004 | 75.88 million USD | -0.3% |
| 2005 | 77.17 million USD | +1.7% |
| 2006 | 71.83 million USD | -6.9% |
| 2007 | 69.71 million USD | -2.9% |
| 2008 | 74.73 million USD | +7.2% |
| 2009 | 95.7 million USD | +28.1% |
| 2010 | 97.86 million USD | +2.3% |
| 2011 | 93.61 million USD | -4.3% |
| 2012 | 125.4 million USD | +34.0% |
| 2013 | 80.11 million USD | -36.1% |
| 2014 | 86.58 million USD | +8.1% |
| 2015 | 90.95 million USD | +5.0% |
| 2016 | 108.17 million USD | +18.9% |
| 2017 | 124.19 million USD | +14.8% |
| 2018 | 89.45 million USD | -28.0% |
| 2019 | 107.78 million USD | +20.5% |
| 2020 | 100.85 million USD | -6.4% |
| 2021 | 149.98 million USD | +48.7% |
| 2022 | 115.43 million USD | -23.0% |
| 2023 | 117.7 million USD | +2.0% |
| 2024 | 121.47 million USD | +3.2% |
Tonga compared with similar countries
- Tonga's 121.47 million USD is below the median for upper middle income countries, which is 7,886 million USD, 2% of the median. (54 countries reporting)
- Tonga's 121.47 million USD is below the median for East Asia & Pacific, which is 3,296 million USD, 4% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 29.89 million USD | 25.84 million USD | 41.94 million USD | 10 |
| 1980s | 52.74 million USD | 38.61 million USD | 61.36 million USD | 10 |
| 1990s | 63.81 million USD | 42.9 million USD | 88.3 million USD | 10 |
| 2000s | 78.51 million USD | 68.81 million USD | 95.7 million USD | 10 |
| 2010s | 100.41 million USD | 80.11 million USD | 125.4 million USD | 10 |
| 2020s | 121.09 million USD | 100.85 million USD | 149.98 million USD | 5 |
Countries ranked near Tonga
- 220 Turks and Caicos Islands 158.13 million USD compare
- 221 Comoros 156.75 million USD compare
- 222 Eritrea 126.52 million USD compare
- 224 Sao Tome and Principe 112.67 million USD compare
- 225 Anguilla 103.39 million USD compare
- 226 Micronesia (Federated States of) 100.67 million 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$), annual growth rate 9.39 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices in Tonga?
- Gross fixed capital formation — value us$, 2015 prices in Tonga was 121.47 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$, 2015 prices recorded in Tonga?
- The highest recorded value was 149.98 million USD in 2021.
- What is the lowest gross fixed capital formation — value us$, 2015 prices recorded in Tonga?
- The lowest recorded value was 25.84 million USD in 1970.
- How does Tonga rank for gross fixed capital formation — value us$, 2015 prices?
- Tonga ranks 223rd out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices rising or falling in Tonga?
- Over the last ten years it is up 40.3%. The long-run trend across the full record is rising.
- Where does this Tonga data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
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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).