Gross savings (current US$) in Tonga
Tonga: Gross savings (current US$) was 118.02 million current US$ in 2024. ◆ Volatile
Gross savings in Tonga, 1981–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for gross savings in Tonga is 118.02 million current US$, measured in 2024.
The figure is up 11.2% on the previous year and up 71.8% over ten years.
Over the whole period, gross savings in Tonga peaked at 150.26 million current US$ in 2022 and was at its lowest, 11.17 million current US$, in 1981.
Tonga ranks 167th of 178 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings (current US$) in Tonga, year by year
| Year | current US$ | Change |
|---|---|---|
| 1981 | 11.17 million current US$ | — |
| 1982 | 24.73 million current US$ | +121.4% |
| 1983 | 19.86 million current US$ | -19.7% |
| 1984 | 15.86 million current US$ | -20.2% |
| 1985 | 11.77 million current US$ | -25.8% |
| 1986 | 16.00 million current US$ | +36.0% |
| 1987 | 21.82 million current US$ | +36.3% |
| 1988 | 12.17 million current US$ | -44.2% |
| 1989 | 20.85 million current US$ | +71.3% |
| 1990 | 29.80 million current US$ | +42.9% |
| 1991 | 12.07 million current US$ | -59.5% |
| 1992 | 28.32 million current US$ | +134.7% |
| 1993 | 28.80 million current US$ | +1.7% |
| 1994 | 33.77 million current US$ | +17.3% |
| 2001 | 40.56 million current US$ | +20.1% |
| 2002 | 37.16 million current US$ | -8.4% |
| 2003 | 36.31 million current US$ | -2.3% |
| 2004 | 45.63 million current US$ | +25.7% |
| 2005 | 35.56 million current US$ | -22.0% |
| 2006 | 46.61 million current US$ | +31.1% |
| 2007 | 39.48 million current US$ | -15.3% |
| 2008 | 43.55 million current US$ | +10.3% |
| 2009 | 43.30 million current US$ | -0.6% |
| 2010 | 56.02 million current US$ | +29.4% |
| 2011 | 81.08 million current US$ | +44.7% |
| 2012 | 111.65 million current US$ | +37.7% |
| 2013 | 92.11 million current US$ | -17.5% |
| 2014 | 68.70 million current US$ | -25.4% |
| 2015 | 39.91 million current US$ | -41.9% |
| 2016 | 61.93 million current US$ | +55.2% |
| 2017 | 95.10 million current US$ | +53.6% |
| 2018 | 93.24 million current US$ | -2.0% |
| 2019 | 116.01 million current US$ | +24.4% |
| 2020 | 105.53 million current US$ | -9.0% |
| 2021 | 139.26 million current US$ | +32.0% |
| 2022 | 150.26 million current US$ | +7.9% |
| 2023 | 106.15 million current US$ | -29.4% |
| 2024 | 118.02 million current US$ | +11.2% |
Tonga compared with similar countries
- Tonga's 118.02 million current US$ is below the median for upper middle income countries, which is 13.86 billion current US$, 1% of the median. (49 countries reporting)
- Tonga's 118.02 million current US$ is below the median for East Asia & Pacific, which is 6.81 billion current US$, 2% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 17.14 million current US$ | 11.17 million current US$ | 24.73 million current US$ | 9 |
| 1990s | 26.55 million current US$ | 12.07 million current US$ | 33.77 million current US$ | 5 |
| 2000s | 40.91 million current US$ | 35.56 million current US$ | 46.61 million current US$ | 9 |
| 2010s | 81.58 million current US$ | 39.91 million current US$ | 116.01 million current US$ | 10 |
| 2020s | 123.84 million current US$ | 105.53 million current US$ | 150.26 million current US$ | 5 |
Countries ranked near Tonga
- 164 Chad 158.16 million current US$ compare
- 165 Guyana 144.15 million current US$ compare
- 166 Central African Republic 128.46 million current US$ compare
- 168 Eritrea 111.75 million current US$ compare
- 169 Marshall Islands 108.55 million current US$ compare
- 170 Vanuatu 82.41 million current US$ 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 118.02 million current US$ 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 150.26 million current US$ in 2022.
- What is the lowest gross savings recorded in Tonga?
- The lowest recorded value was 11.17 million current US$ in 1981.
- How does Tonga rank for gross savings?
- Tonga ranks 167th out of 178 countries with data for 2024.
- Is gross savings rising or falling in Tonga?
- Over the last ten years it is up 71.8%. 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 US$). 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 indicator is expressed in United States dollars.