Gross savings (current LCU) in Tonga
Tonga: Gross savings (current LCU) was 280.18 million current LCU in 2024. ◆ Volatile
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 280.18 million current LCU.
Compared with earlier readings it is up 11.8% on the previous year and up 125.0% over ten years.
Over the whole period, gross savings in Tonga peaked at 341.35 million current LCU in 2022 and was at its lowest, 9.72 million current LCU, in 1981.
Tonga ranks 170th 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 (current LCU) 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 | 263.56 million current LCU | +28.8% |
| 2020 | 243.79 million current LCU | -7.5% |
| 2021 | 317.22 million current LCU | +30.1% |
| 2022 | 341.35 million current LCU | +7.6% |
| 2023 | 250.68 million current LCU | -26.6% |
| 2024 | 280.18 million current LCU | +11.8% |
Tonga compared with similar countries
- Tonga's 280.18 million current LCU is below the median for upper middle income countries, which is 445.87 billion current LCU, 0% of the median. (49 countries reporting)
- Tonga's 280.18 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 | 162.33 million current LCU | 77.56 million current LCU | 263.56 million current LCU | 10 |
| 2020s | 286.64 million current LCU | 243.79 million current LCU | 341.35 million current LCU | 5 |
Countries ranked near Tonga
- 167 San Marino 723.27 million current LCU compare
- 168 Curacao 577.64 million current LCU compare
- 169 Montenegro 576.92 million current LCU compare
- 171 Solomon Islands 144.75 million current LCU compare
- 172 Marshall Islands 108.55 million current LCU compare
- 173 Kiribati 66.84 million current LCU compare
More economy & growth data for Tonga
- Real gdp growth, annual growth rate -38.46 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.4 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0382 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 250.19 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.3665 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0279 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 182.69 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is gross savings in Tonga?
- Gross savings in Tonga was 280.18 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 341.35 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 170th out of 178 countries with data for 2024.
- Is gross savings rising or falling in Tonga?
- Over the last ten years it is up 125.0%. 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.
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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.