Services, value added (current US$), annual growth rate in Tonga
Tonga: Services, value added (current US$), annual growth rate was 8.54 % change on previous year in 2024. ◆ Volatile
Services, value added (current US$), annual growth rate in Tonga, 1995–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for services, value added (current us$), annual growth rate in Tonga is 8.54 % change on previous year, measured in 2024.
That represents a change of up 15.0% on the previous year and up 419.6% over ten years.
Over the whole period, services, value added (current us$), annual growth rate in Tonga peaked at 18.11 % change on previous year in 2008 and was at its lowest, -10.32 % change on previous year, in 1998.
Tonga ranks 105th of 204 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added (current US$), annual growth rate in Tonga, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1995 | 6.13 % change on previous year | — |
| 1996 | 7.27 % change on previous year | +18.6% |
| 1997 | 0.3479 % change on previous year | -95.2% |
| 1998 | -10.32 % change on previous year | -3067.3% |
| 1999 | 2.04 % change on previous year | -119.7% |
| 2000 | 5.18 % change on previous year | +154.4% |
| 2001 | -9.92 % change on previous year | -291.3% |
| 2002 | -0.2815 % change on previous year | -97.2% |
| 2003 | 7.82 % change on previous year | -2876.6% |
| 2004 | 15.8 % change on previous year | +102.2% |
| 2005 | 17.27 % change on previous year | +9.3% |
| 2006 | 16.46 % change on previous year | -4.7% |
| 2007 | -1.58 % change on previous year | -109.6% |
| 2008 | 18.11 % change on previous year | -1246.5% |
| 2009 | -6.12 % change on previous year | -133.8% |
| 2010 | 15.14 % change on previous year | -347.4% |
| 2011 | 9.02 % change on previous year | -40.5% |
| 2012 | 13.93 % change on previous year | +54.5% |
| 2013 | 0.3149 % change on previous year | -97.7% |
| 2014 | -2.67 % change on previous year | -948.6% |
| 2015 | -2.09 % change on previous year | -21.9% |
| 2016 | -6.17 % change on previous year | +195.7% |
| 2017 | 6.21 % change on previous year | -200.6% |
| 2018 | 7.37 % change on previous year | +18.7% |
| 2019 | 0.9527 % change on previous year | -87.1% |
| 2020 | 5.17 % change on previous year | +443.0% |
| 2021 | -0.7608 % change on previous year | -114.7% |
| 2022 | 4.5 % change on previous year | -691.6% |
| 2023 | 7.43 % change on previous year | +65.0% |
| 2024 | 8.54 % change on previous year | +15.0% |
Tonga compared with similar countries
- Tonga's 8.54 % change on previous year is above the median for upper middle income countries, which is 8.4 % change on previous year, 1.0× the median. (58 countries reporting)
- Tonga's 8.54 % change on previous year is above the median for East Asia & Pacific, which is 6.62 % change on previous year, 1.3× the median. (31 countries reporting)
Biggest year-on-year movements
Years where Services, value added (current US$), annual growth rate in Tonga changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1998 | -3067.3% | 0.3479 % change on previous year | -10.32 % change on previous year |
| 2003 | +2876.6% | -0.2815 % change on previous year | 7.82 % change on previous year |
| 2008 | +1246.5% | -1.58 % change on previous year | 18.11 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.09 % change on previous year | -10.32 % change on previous year | 7.27 % change on previous year | 5 |
| 2000s | 6.27 % change on previous year | -9.92 % change on previous year | 18.11 % change on previous year | 10 |
| 2010s | 4.2 % change on previous year | -6.17 % change on previous year | 15.14 % change on previous year | 10 |
| 2020s | 4.98 % change on previous year | -0.7608 % change on previous year | 8.54 % change on previous year | 5 |
Countries ranked near Tonga
More economy & growth data for Tonga
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.3875 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.2 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5.4 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0382 units per US$ 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0209 units per US$ of GDP (2025)
Frequently asked questions
- What is services, value added (current us$), annual growth rate in Tonga?
- Services, value added (current us$), annual growth rate in Tonga was 8.54 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest services, value added (current us$), annual growth rate recorded in Tonga?
- The highest recorded value was 18.11 % change on previous year in 2008.
- What is the lowest services, value added (current us$), annual growth rate recorded in Tonga?
- The lowest recorded value was -10.32 % change on previous year in 1998.
- How does Tonga rank for services, value added (current us$), annual growth rate?
- Tonga ranks 105th out of 204 countries with data for 2024.
- Is services, value added (current us$), annual growth rate rising or falling in Tonga?
- Over the last ten years it is up 419.6%. 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 (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Services, value added (current US$). 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 (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.