Gross value added at basic prices (GVA) in Tonga
Tonga: Gross value added at basic prices (GVA) was 555.38 million current US$ in 2024. ◆ Volatile
Latest (2024)
555.38 million current US$
Change on year
up 12.1%
World rank
201st
of 207 countries
All-time high
555.38 million current US$
in 2024
All-time low
26.22 million current US$
in 1976
Years of data
50
1975–2024
Gross value added at basic prices (GVA) in Tonga, 1975–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Tonga recorded 555.38 million current US$ for gross value added at basic prices (gva) in 2024. That is the highest value across all 50 years on record.
Compared with earlier readings it is up 12.1% on the previous year and up 45.6% over ten years.
Over the whole period, gross value added at basic prices (gva) in Tonga peaked at 555.38 million current US$ in 2024 and was at its lowest, 26.22 million current US$, in 1976.
That places Tonga 201st out of 207 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) in Tonga, year by year
| Year | current US$ | Change |
|---|---|---|
| 1975 | 27.51 million current US$ | — |
| 1976 | 26.22 million current US$ | -4.7% |
| 1977 | 29.59 million current US$ | +12.8% |
| 1978 | 35.51 million current US$ | +20.0% |
| 1979 | 38.80 million current US$ | +9.3% |
| 1980 | 46.21 million current US$ | +19.1% |
| 1981 | 53.89 million current US$ | +16.6% |
| 1982 | 53.27 million current US$ | -1.2% |
| 1983 | 52.14 million current US$ | -2.1% |
| 1984 | 55.39 million current US$ | +6.2% |
| 1985 | 50.64 million current US$ | -8.6% |
| 1986 | 57.65 million current US$ | +13.8% |
| 1987 | 68.82 million current US$ | +19.4% |
| 1988 | 88.93 million current US$ | +29.2% |
| 1989 | 89.84 million current US$ | +1.0% |
| 1990 | 95.44 million current US$ | +6.2% |
| 1991 | 109.98 million current US$ | +15.2% |
| 1992 | 117.77 million current US$ | +7.1% |
| 1993 | 115.78 million current US$ | -1.7% |
| 1994 | 169.91 million current US$ | +46.8% |
| 1995 | 180.94 million current US$ | +6.5% |
| 1996 | 192.87 million current US$ | +6.6% |
| 1997 | 185.53 million current US$ | -3.8% |
| 1998 | 167.31 million current US$ | -9.8% |
| 1999 | 175.80 million current US$ | +5.1% |
| 2000 | 179.48 million current US$ | +2.1% |
| 2001 | 158.51 million current US$ | -11.7% |
| 2002 | 157.19 million current US$ | -0.8% |
| 2003 | 172.22 million current US$ | +9.6% |
| 2004 | 199.49 million current US$ | +15.8% |
| 2005 | 224.50 million current US$ | +12.5% |
| 2006 | 247.35 million current US$ | +10.2% |
| 2007 | 250.76 million current US$ | +1.4% |
| 2008 | 286.11 million current US$ | +14.1% |
| 2009 | 271.64 million current US$ | -5.1% |
| 2010 | 323.13 million current US$ | +19.0% |
| 2011 | 364.09 million current US$ | +12.7% |
| 2012 | 411.48 million current US$ | +13.0% |
| 2013 | 393.94 million current US$ | -4.3% |
| 2014 | 381.54 million current US$ | -3.1% |
| 2015 | 375.22 million current US$ | -1.7% |
| 2016 | 356.18 million current US$ | -5.1% |
| 2017 | 385.57 million current US$ | +8.3% |
| 2018 | 410.06 million current US$ | +6.4% |
| 2019 | 423.91 million current US$ | +3.4% |
| 2020 | 426.54 million current US$ | +0.6% |
| 2021 | 433.66 million current US$ | +1.7% |
| 2022 | 468.00 million current US$ | +7.9% |
| 2023 | 495.45 million current US$ | +5.9% |
| 2024 | 555.38 million current US$ | +12.1% |
Tonga compared with similar countries
- Tonga's 555.38 million current US$ is below the median for upper middle income countries, which is 39.41 billion current US$, 1% of the median. (58 countries reporting)
- Tonga's 555.38 million current US$ is below the median for East Asia & Pacific, which is 22.97 billion current US$, 2% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 31.53 million current US$ | 26.22 million current US$ | 38.80 million current US$ | 5 |
| 1980s | 61.68 million current US$ | 46.21 million current US$ | 89.84 million current US$ | 10 |
| 1990s | 151.13 million current US$ | 95.44 million current US$ | 192.87 million current US$ | 10 |
| 2000s | 214.73 million current US$ | 157.19 million current US$ | 286.11 million current US$ | 10 |
| 2010s | 382.51 million current US$ | 323.13 million current US$ | 423.91 million current US$ | 10 |
| 2020s | 475.81 million current US$ | 426.54 million current US$ | 555.38 million current US$ | 5 |
Countries ranked near Tonga
- 198 Sao Tome and Principe 915.64 million current US$ compare
- 199 Somalia 879.10 million current US$ compare
- 200 Dominica 603.96 million current US$ compare
- 202 Micronesia (country) 457.34 million current US$ compare
- 203 Kiribati 349.94 million current US$ compare
- 204 Palau 281.37 million current US$ 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$), annual growth rate 9.39 % change on previous year (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in Tonga?
- Gross value added at basic prices (gva) in Tonga was 555.38 million current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Tonga?
- The highest recorded value was 555.38 million current US$ in 2024.
- What is the lowest gross value added at basic prices (gva) recorded in Tonga?
- The lowest recorded value was 26.22 million current US$ in 1976.
- How does Tonga rank for gross value added at basic prices (gva)?
- Tonga ranks 201st out of 207 countries with data for 2024.
- Is gross value added at basic prices (gva) rising or falling in Tonga?
- Over the last ten years it is up 45.6%. 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 value added at basic prices (GVA) (current US$). Statizoid updates them automatically from the source API.
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About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. 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.