Gross capital formation in Tonga

Tonga: Gross capital formation was 150.61 million constant 2015 US$ in 2024. ▲ Rising

Latest (2024)
150.61 million constant 2015 US$
Change on year
up 11.1%
World rank
156th
of 162 countries
All-time high
154.64 million constant 2015 US$
in 2021
All-time low
63.25 million constant 2015 US$
in 1997
Years of data
31
1994–2024

Gross capital formation in Tonga, 1994–2024

050.0M100.0M150.0M1994200920241994: 66.8M constant 2015 US$1995: 91.1M constant 2015 US$1996: 96.9M constant 2015 US$1997: 63.3M constant 2015 US$1998: 85.8M constant 2015 US$1999: 83.0M constant 2015 US$2000: 75.3M constant 2015 US$2001: 86.9M constant 2015 US$2002: 86.9M constant 2015 US$2003: 97.1M constant 2015 US$2004: 80.3M constant 2015 US$2005: 79.8M constant 2015 US$2006: 82.7M constant 2015 US$2007: 77.0M constant 2015 US$2008: 70.9M constant 2015 US$2009: 78.8M constant 2015 US$2010: 101.7M constant 2015 US$2011: 107.7M constant 2015 US$2012: 132.0M constant 2015 US$2013: 92.0M constant 2015 US$2014: 99.9M constant 2015 US$2015: 111.0M constant 2015 US$2016: 121.7M constant 2015 US$2017: 144.7M constant 2015 US$2018: 111.1M constant 2015 US$2019: 126.1M constant 2015 US$2020: 118.0M constant 2015 US$2021: 154.6M constant 2015 US$2022: 131.5M constant 2015 US$2023: 135.5M constant 2015 US$2024: 150.6M constant 2015 US$

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.

Analysis

Tonga recorded 150.61 million constant 2015 US$ for gross capital formation in 2024.

The figure is up 11.1% on the previous year and up 50.8% over ten years.

Over the whole period, gross capital formation in Tonga peaked at 154.64 million constant 2015 US$ in 2021 and was at its lowest, 63.25 million constant 2015 US$, in 1997.

Tonga ranks 156th of 162 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 31 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 81.14 million constant 2015 US$ 63.25 million constant 2015 US$ 96.86 million constant 2015 US$ 6
2000s 81.57 million constant 2015 US$ 70.91 million constant 2015 US$ 97.08 million constant 2015 US$ 10
2010s 114.77 million constant 2015 US$ 91.98 million constant 2015 US$ 144.66 million constant 2015 US$ 10
2020s 138.06 million constant 2015 US$ 118.04 million constant 2015 US$ 154.64 million constant 2015 US$ 5

Countries ranked near Tonga

  1. 153 Central African Republic 317.18 million constant 2015 US$ compare
  2. 154 San Marino 250.60 million constant 2015 US$ compare
  3. 155 Comoros 160.36 million constant 2015 US$ compare
  4. 157 Kiribati 94.93 million constant 2015 US$ compare
  5. 158 Lebanon 89.93 million constant 2015 US$ compare
  6. 159 Palau 85.63 million constant 2015 US$ compare

See the full ranking of 202 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 150.61 million constant 2015 US$ 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 154.64 million constant 2015 US$ in 2021.
What is the lowest gross capital formation recorded in Tonga?
The lowest recorded value was 63.25 million constant 2015 US$ in 1997.
How does Tonga rank for gross capital formation?
Tonga ranks 156th out of 162 countries with data for 2024.
Is gross capital formation rising or falling in Tonga?
Over the last ten years it is up 50.8%. The long-run trend across the full record is rising.
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 (constant 2015 US$). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Gross capital formation (constant 2015 US$)
Unit
constant 2015 US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
202 places, 8,378 data points, 1960–2025
Last refreshed

Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.