Gross savings in Tonga
Tonga: Gross savings was 285.01 million current LCU in 2024. ◆ Volatile
Latest (2024)
285.01 million current LCU
Change on year
up 9.5%
World rank
169th
of 178 countries
All-time high
347.62 million current LCU
in 2022
All-time low
9.72 million current LCU
in 1981
Years of data
38
1981–2024
Gross savings in Tonga, 1981–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
In 2024, gross savings in Tonga stood at 285.01 million current LCU.
Compared with earlier readings it is up 9.5% on the previous year and up 128.9% over ten years.
Over the whole period, gross savings in Tonga peaked at 347.62 million current LCU in 2022 and was at its lowest, 9.72 million current LCU, in 1981.
Tonga ranks 169th of 178 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings in Tonga, year by year
| Year | current LCU | Change |
|---|---|---|
| 1981 | 9.72 million current LCU | — |
| 1982 | 24.39 million current LCU | +150.9% |
| 1983 | 22.05 million current LCU | -9.6% |
| 1984 | 18.07 million current LCU | -18.0% |
| 1985 | 16.86 million current LCU | -6.7% |
| 1986 | 23.94 million current LCU | +42.0% |
| 1987 | 31.16 million current LCU | +30.1% |
| 1988 | 14.24 million current LCU | -54.3% |
| 1989 | 26.24 million current LCU | +84.2% |
| 1990 | 38.61 million current LCU | +47.2% |
| 1991 | 15.65 million current LCU | -59.5% |
| 1992 | 38.14 million current LCU | +143.8% |
| 1993 | 39.86 million current LCU | +4.5% |
| 1994 | 44.58 million current LCU | +11.9% |
| 2001 | 79.39 million current LCU | +78.1% |
| 2002 | 81.01 million current LCU | +2.0% |
| 2003 | 79.71 million current LCU | -1.6% |
| 2004 | 93.34 million current LCU | +17.1% |
| 2005 | 68.93 million current LCU | -26.1% |
| 2006 | 93.63 million current LCU | +35.8% |
| 2007 | 79.07 million current LCU | -15.6% |
| 2008 | 82.77 million current LCU | +4.7% |
| 2009 | 90.31 million current LCU | +9.1% |
| 2010 | 108.06 million current LCU | +19.7% |
| 2011 | 148.55 million current LCU | +37.5% |
| 2012 | 189.24 million current LCU | +27.4% |
| 2013 | 159.69 million current LCU | -15.6% |
| 2014 | 124.51 million current LCU | -22.0% |
| 2015 | 77.56 million current LCU | -37.7% |
| 2016 | 137.34 million current LCU | +77.1% |
| 2017 | 210.22 million current LCU | +53.1% |
| 2018 | 204.56 million current LCU | -2.7% |
| 2019 | 231.82 million current LCU | +13.3% |
| 2020 | 243.33 million current LCU | +5.0% |
| 2021 | 317.00 million current LCU | +30.3% |
| 2022 | 347.62 million current LCU | +9.7% |
| 2023 | 260.35 million current LCU | -25.1% |
| 2024 | 285.01 million current LCU | +9.5% |
Tonga compared with similar countries
- Tonga's 285.01 million current LCU is below the median for upper middle income countries, which is 451.73 billion current LCU, 0% of the median. (49 countries reporting)
- Tonga's 285.01 million current LCU is below the median for East Asia & Pacific, which is 190.11 billion current LCU, 0% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 20.74 million current LCU | 9.72 million current LCU | 31.16 million current LCU | 9 |
| 1990s | 35.37 million current LCU | 15.65 million current LCU | 44.58 million current LCU | 5 |
| 2000s | 83.13 million current LCU | 68.93 million current LCU | 93.63 million current LCU | 9 |
| 2010s | 159.15 million current LCU | 77.56 million current LCU | 231.82 million current LCU | 10 |
| 2020s | 290.66 million current LCU | 243.33 million current LCU | 347.62 million current LCU | 5 |
Countries ranked near Tonga
- 166 San Marino 723.27 million current LCU compare
- 167 Curacao 577.64 million current LCU compare
- 168 Montenegro 575.92 million current LCU compare
- 170 Solomon Islands 144.75 million current LCU compare
- 171 Marshall Islands 108.55 million current LCU compare
- 172 Kiribati 66.84 million current LCU 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 savings in Tonga?
- Gross savings in Tonga was 285.01 million current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Tonga?
- The highest recorded value was 347.62 million current LCU in 2022.
- What is the lowest gross savings recorded in Tonga?
- The lowest recorded value was 9.72 million current LCU in 1981.
- How does Tonga rank for gross savings?
- Tonga ranks 169th out of 178 countries with data for 2024.
- Is gross savings rising or falling in Tonga?
- Over the last ten years it is up 128.9%. 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 Offices (NSOs), published as part of Gross savings (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 38 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. 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.