Gross value added at basic prices (GVA) (current LCU), annual growth in Tonga
Tonga: Gross value added at basic prices (GVA) (current LCU), annual growth was 12.69 % change on previous year in 2024. ◆ Volatile
Gross value added at basic prices (GVA) (current LCU), annual growth in Tonga, 1976–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Tonga recorded 12.69 % change on previous year for gross value added at basic prices (gva) (current lcu), annual growth in 2024.
That represents a change of up 26.2% on the previous year and up 923.8% over ten years.
Over the whole period, gross value added at basic prices (gva) (current lcu), annual growth in Tonga peaked at 39.99 % change on previous year in 1994 and was at its lowest, -2.07 % change on previous year, in 2013.
Tonga ranks 40th of 205 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (current LCU), annual growth in Tonga, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1976 | 2.12 % change on previous year | — |
| 1977 | 24.33 % change on previous year | +1050.3% |
| 1978 | 16.29 % change on previous year | -33.0% |
| 1979 | 11.87 % change on previous year | -27.1% |
| 1980 | 16.92 % change on previous year | +42.5% |
| 1981 | 15.56 % change on previous year | -8.0% |
| 1982 | 11.99 % change on previous year | -22.9% |
| 1983 | 10.21 % change on previous year | -14.9% |
| 1984 | 9.05 % change on previous year | -11.3% |
| 1985 | 14.89 % change on previous year | +64.6% |
| 1986 | 18.93 % change on previous year | +27.1% |
| 1987 | 13.96 % change on previous year | -26.2% |
| 1988 | 5.88 % change on previous year | -57.9% |
| 1989 | 8.65 % change on previous year | +47.0% |
| 1990 | 9.38 % change on previous year | +8.5% |
| 1991 | 15.31 % change on previous year | +63.2% |
| 1992 | 11.25 % change on previous year | -26.5% |
| 1993 | 1 % change on previous year | -91.1% |
| 1994 | 39.99 % change on previous year | +3893.1% |
| 1995 | 2.52 % change on previous year | -93.7% |
| 1996 | 3.32 % change on previous year | +31.9% |
| 1997 | -1.34 % change on previous year | -140.3% |
| 1998 | 6.49 % change on previous year | -585.3% |
| 1999 | 11.47 % change on previous year | +76.6% |
| 2000 | 5.73 % change on previous year | -50.0% |
| 2001 | 5.45 % change on previous year | -4.8% |
| 2002 | 10.45 % change on previous year | +91.5% |
| 2003 | 10.35 % change on previous year | -0.9% |
| 2004 | 7.93 % change on previous year | -23.4% |
| 2005 | 6.63 % change on previous year | -16.5% |
| 2006 | 14.2 % change on previous year | +114.3% |
| 2007 | 1.06 % change on previous year | -92.5% |
| 2008 | 8.29 % change on previous year | +681.8% |
| 2009 | 4.18 % change on previous year | -49.6% |
| 2010 | 10.02 % change on previous year | +139.8% |
| 2011 | 7.01 % change on previous year | -30.0% |
| 2012 | 4.56 % change on previous year | -35.0% |
| 2013 | -2.07 % change on previous year | -145.4% |
| 2014 | 1.24 % change on previous year | -159.9% |
| 2015 | 5.44 % change on previous year | +339.2% |
| 2016 | 8.33 % change on previous year | +53.1% |
| 2017 | 7.91 % change on previous year | -5.1% |
| 2018 | 5.55 % change on previous year | -29.9% |
| 2019 | 7.06 % change on previous year | +27.3% |
| 2020 | 2.31 % change on previous year | -67.2% |
| 2021 | 0.2512 % change on previous year | -89.1% |
| 2022 | 7.63 % change on previous year | +2936.9% |
| 2023 | 10.05 % change on previous year | +31.8% |
| 2024 | 12.69 % change on previous year | +26.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13.65 % change on previous year | 2.12 % change on previous year | 24.33 % change on previous year | 4 |
| 1980s | 12.6 % change on previous year | 5.88 % change on previous year | 18.93 % change on previous year | 10 |
| 1990s | 9.94 % change on previous year | -1.34 % change on previous year | 39.99 % change on previous year | 10 |
| 2000s | 7.43 % change on previous year | 1.06 % change on previous year | 14.2 % change on previous year | 10 |
| 2010s | 5.5 % change on previous year | -2.07 % change on previous year | 10.02 % change on previous year | 10 |
| 2020s | 6.59 % change on previous year | 0.2512 % change on previous year | 12.69 % change on previous year | 5 |
Countries ranked near Tonga
- 37 Nicaragua 13.07 % change on previous year compare
- 38 Turkmenistan 12.82 % change on previous year compare
- 39 Bhutan 12.69 % change on previous year compare
- 41 Honduras 12.61 % change on previous year compare
- 42 Mongolia 12.44 % change on previous year compare
- 43 Laos 12.43 % change on previous year 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)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 2.04 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 12,657 current LCU per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 4.1 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.6596 constant 2015 US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 4,100 constant 2015 US$ per person (2024)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 4.1 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 1.39 constant LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (constant LCU), per capita 8,661 constant LCU per person (2024)
Frequently asked questions
- What is gross value added at basic prices (gva) (current lcu), annual growth in Tonga?
- Gross value added at basic prices (gva) (current lcu), annual growth in Tonga was 12.69 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current lcu), annual growth recorded in Tonga?
- The highest recorded value was 39.99 % change on previous year in 1994.
- What is the lowest gross value added at basic prices (gva) (current lcu), annual growth recorded in Tonga?
- The lowest recorded value was -2.07 % change on previous year in 2013.
- How does Tonga rank for gross value added at basic prices (gva) (current lcu), annual growth?
- Tonga ranks 40th out of 205 countries with data for 2024.
- Is gross value added at basic prices (gva) (current lcu), annual growth rising or falling in Tonga?
- Over the last ten years it is up 923.8%. The long-run trend across the full record is volatile.
- Where does this Tonga data come from?
- The figures come from Statizoid (derived), published as part of Gross value added at basic prices (GVA) (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross value added at basic prices (GVA) (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross value added at basic prices (GVA) (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.