Gross savings in Tonga
Tonga: Gross savings was 285.01 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 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 168th of 177 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
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
- 165 San Marino 723.27 million current LCU compare
- 166 Curacao 577.64 million current LCU compare
- 167 Montenegro 575.92 million current LCU compare
- 169 Solomon Islands 144.75 million current LCU compare
- 170 Marshall Islands 108.55 million current LCU compare
- 171 Kiribati 66.84 million current LCU compare
More economy & growth data for Tonga
- External balance on goods and services as a percent of GDP -43.8% (2024)
- Inflation of consumer prices 5.6% (2025)
- GDP per capita 4,934 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 5.5% (2024)
- Gross domestic product (GDP) 511.89 million constant 2015 US$ (2025)
- GDP per capita in international and market dollars 4,934 constant 2015 US$ (2025)
- DEC alternative conversion factor 2.4 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 468.46 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) 197.32 million current US$ (2024)
- Taxes less subsidies on products 218.66 million current LCU (2024)
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 168th out of 177 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.
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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.