Gross capital formation in Tonga

Tonga: Gross capital formation was 295.40 million constant LCU in 2024. ▲ Rising

Latest (2024)
295.40 million constant LCU
Change on year
up 11.1%
World rank
163rd
of 169 countries
All-time high
303.29 million constant LCU
in 2021
All-time low
124.06 million constant LCU
in 1997
Years of data
31
1994–2024

Gross capital formation in Tonga, 1994–2024

0100.0M200.0M300.0M1994200920241994: 131.1M constant LCU1995: 178.6M constant LCU1996: 190.0M constant LCU1997: 124.1M constant LCU1998: 168.3M constant LCU1999: 162.8M constant LCU2000: 147.8M constant LCU2001: 170.4M constant LCU2002: 170.4M constant LCU2003: 190.4M constant LCU2004: 157.5M constant LCU2005: 156.6M constant LCU2006: 162.2M constant LCU2007: 150.9M constant LCU2008: 139.1M constant LCU2009: 154.6M constant LCU2010: 199.4M constant LCU2011: 211.2M constant LCU2012: 258.8M constant LCU2013: 180.4M constant LCU2014: 195.9M constant LCU2015: 217.6M constant LCU2016: 238.7M constant LCU2017: 283.7M constant LCU2018: 218.0M constant LCU2019: 247.3M constant LCU2020: 231.5M constant LCU2021: 303.3M constant LCU2022: 257.9M constant LCU2023: 265.8M constant LCU2024: 295.4M constant LCU

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

Analysis

The most recent figure for gross capital formation in Tonga is 295.40 million constant LCU, measured in 2024.

Compared with earlier readings it 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 303.29 million constant LCU in 2021 and was at its lowest, 124.06 million constant LCU, in 1997.

That places Tonga 163rd out of 169 countries with data for 2024, putting it 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 159.14 million constant LCU 124.06 million constant LCU 189.98 million constant LCU 6
2000s 159.99 million constant LCU 139.07 million constant LCU 190.41 million constant LCU 10
2010s 225.10 million constant LCU 180.40 million constant LCU 283.71 million constant LCU 10
2020s 270.77 million constant LCU 231.51 million constant LCU 303.29 million constant LCU 5

Countries ranked near Tonga

  1. 160 Samoa 824.10 million constant LCU compare
  2. 161 East Timor 543.83 million constant LCU compare
  3. 162 Tajikistan 498.04 million constant LCU compare
  4. 164 San Marino 234.89 million constant LCU compare
  5. 165 Kiribati 127.37 million constant LCU compare
  6. 166 Sudan 94.85 million constant LCU compare

See the full ranking of 169 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 295.40 million constant LCU 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 303.29 million constant LCU in 2021.
What is the lowest gross capital formation recorded in Tonga?
The lowest recorded value was 124.06 million constant LCU in 1997.
How does Tonga rank for gross capital formation?
Tonga ranks 163rd out of 169 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 LCU). 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 LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
169 places, 7,054 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 varies by country. This series is expressed in local currency units.