Gross capital formation in Tonga

Tonga: Gross capital formation was 11.1% in 2024. ◆ Volatile

Latest (2024)
11.1%
Change on year
up 263.5%
World rank
37th
of 168 countries
All-time high
36.3%
in 1995
All-time low
-34.7%
in 1997
Years of data
30
1995–2024

Gross capital formation in Tonga, 1995–2024

-40-20020401995200920241995: 36.3 annual % growth1996: 6.3 annual % growth1997: -34.7 annual % growth1998: 35.6 annual % growth1999: -3.2 annual % growth2000: -9.2 annual % growth2001: 15.3 annual % growth2002: 0 annual % growth2003: 11.7 annual % growth2004: -17.3 annual % growth2005: -0.554 annual % growth2006: 3.6 annual % growth2007: -7 annual % growth2008: -7.9 annual % growth2009: 11.2 annual % growth2010: 29 annual % growth2011: 5.9 annual % growth2012: 22.5 annual % growth2013: -30.3 annual % growth2014: 8.6 annual % growth2015: 11.1 annual % growth2016: 9.7 annual % growth2017: 18.9 annual % growth2018: -23.2 annual % growth2019: 13.5 annual % growth2020: -6.4 annual % growth2021: 31 annual % growth2022: -15 annual % growth2023: 3.1 annual % growth2024: 11.1 annual % growth

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.

Analysis

The most recent figure for gross capital formation in Tonga is 11.1%, measured in 2024.

Compared with earlier readings it is up 263.5% on the previous year and up 29.3% over ten years.

Over the whole period, gross capital formation in Tonga peaked at 36.3% in 1995 and was at its lowest, -34.7%, in 1997.

Tonga ranks 37th of 168 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 8.1% -34.7% 36.3% 5
2000s -0.0% -17.3% 15.3% 10
2010s 6.6% -30.3% 29.0% 10
2020s 4.8% -15.0% 31.0% 5

Countries ranked near Tonga

  1. 34 Pakistan 11.8% compare
  2. 35 Samoa 11.7% compare
  3. 36 Gabon 11.3% compare
  4. 38 Cote d'Ivoire 11.1% compare
  5. 39 Algeria 11.0% compare
  6. 40 Benin 10.7% compare

See the full ranking of 208 places →

More economy & growth data for Tonga

All data for Tonga →

Frequently asked questions

What is gross capital formation in Tonga?
Gross capital formation in Tonga was 11.1% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest gross capital formation recorded in Tonga?
The highest recorded value was 36.3% in 1995.
What is the lowest gross capital formation recorded in Tonga?
The lowest recorded value was -34.7% in 1997.
How does Tonga rank for gross capital formation?
Tonga ranks 37th out of 168 countries with data for 2024.
Is gross capital formation rising or falling in Tonga?
Over the last ten years it is up 29.3%. 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 Organizations and/or Central Banks, published as part of Gross capital formation (annual % growth). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 30 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Gross capital formation (annual % growth)
Unit
annual % growth
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
208 places, 8,398 data points, 1961–2025
Last refreshed

Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.