Services, value added (constant LCU), annual growth rate in Tonga
Tonga: Services, value added (constant LCU), annual growth rate was 5.19 % change on previous year in 2024. ◆ Volatile
Services, value added (constant LCU), annual growth rate in Tonga, 1995–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, services, value added (constant lcu), annual growth rate in Tonga stood at 5.19 % change on previous year.
Compared with earlier readings it is up 124.9% on the previous year and up 588.8% over ten years.
Over the whole period, services, value added (constant lcu), annual growth rate in Tonga peaked at 7.67 % change on previous year in 1995 and was at its lowest, -4.2 % change on previous year, in 2022.
That places Tonga 49th out of 196 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added (constant LCU), annual growth rate in Tonga, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1995 | 7.67 % change on previous year | — |
| 1996 | -0.1238 % change on previous year | -101.6% |
| 1997 | 1.32 % change on previous year | -1167.6% |
| 1998 | 3.43 % change on previous year | +159.5% |
| 1999 | 4.83 % change on previous year | +40.9% |
| 2000 | 5.7 % change on previous year | +18.0% |
| 2001 | 1.92 % change on previous year | -66.4% |
| 2002 | 3.37 % change on previous year | +76.0% |
| 2003 | -0.057 % change on previous year | -101.7% |
| 2004 | -1.31 % change on previous year | +2199.8% |
| 2005 | 0.9137 % change on previous year | -169.7% |
| 2006 | -1.9 % change on previous year | -307.9% |
| 2007 | -3.46 % change on previous year | +82.3% |
| 2008 | 5.19 % change on previous year | -249.9% |
| 2009 | -0.9646 % change on previous year | -118.6% |
| 2010 | 0.7603 % change on previous year | -178.8% |
| 2011 | 3.11 % change on previous year | +309.3% |
| 2012 | -0.1606 % change on previous year | -105.2% |
| 2013 | 3.53 % change on previous year | -2296.3% |
| 2014 | -1.06 % change on previous year | -130.1% |
| 2015 | 1.2 % change on previous year | -212.6% |
| 2016 | 5.55 % change on previous year | +364.2% |
| 2017 | 1.62 % change on previous year | -70.9% |
| 2018 | 3.33 % change on previous year | +105.9% |
| 2019 | -0.9448 % change on previous year | -128.4% |
| 2020 | 1.39 % change on previous year | -247.4% |
| 2021 | -4 % change on previous year | -387.5% |
| 2022 | -4.2 % change on previous year | +5.0% |
| 2023 | 2.31 % change on previous year | -154.9% |
| 2024 | 5.19 % change on previous year | +124.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.42 % change on previous year | -0.1238 % change on previous year | 7.67 % change on previous year | 5 |
| 2000s | 0.94 % change on previous year | -3.46 % change on previous year | 5.7 % change on previous year | 10 |
| 2010s | 1.69 % change on previous year | -1.06 % change on previous year | 5.55 % change on previous year | 10 |
| 2020s | 0.1369 % change on previous year | -4.2 % change on previous year | 5.19 % change on previous year | 5 |
Countries ranked near Tonga
- 46 Guinea-Bissau 5.36 % change on previous year compare
- 47 Papua New Guinea 5.24 % change on previous year compare
- 48 Kazakhstan 5.2 % change on previous year compare
- 50 Turks and Caicos Islands 5.12 % change on previous year compare
- 51 Kenya 5.03 % change on previous year compare
- 52 Chad 5.02 % 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)
- Imports of goods and services (constant 2015 US$), annual growth rate 0.8347 % change on previous year (2024)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.5345 constant 2015 US$ per US$ of GDP (2024)
- Imports of goods and services (constant 2015 US$), per capita 3,322 constant 2015 US$ per person (2024)
- External balance on goods and services (current US$), annual growth 4.35 % change on previous year (2024)
- External balance on goods and services (current LCU), annual growth 3.85 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), annual 7.83 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.4408 current LCU per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 2,740 current LCU per person (2024)
Frequently asked questions
- What is services, value added (constant lcu), annual growth rate in Tonga?
- Services, value added (constant lcu), annual growth rate in Tonga was 5.19 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest services, value added (constant lcu), annual growth rate recorded in Tonga?
- The highest recorded value was 7.67 % change on previous year in 1995.
- What is the lowest services, value added (constant lcu), annual growth rate recorded in Tonga?
- The lowest recorded value was -4.2 % change on previous year in 2022.
- How does Tonga rank for services, value added (constant lcu), annual growth rate?
- Tonga ranks 49th out of 196 countries with data for 2024.
- Is services, value added (constant lcu), annual growth rate rising or falling in Tonga?
- Over the last ten years it is up 588.8%. 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 Services, value added (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Services, value added (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
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 Services, value added (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.