Gross capital formation in Tonga

Tonga: Gross capital formation was 170.87 million current US$ in 2024. ◆ Volatile

Latest (2024)
170.87 million current US$
Change on year
up 11.5%
World rank
180th
of 186 countries
All-time high
172.10 million current US$
in 2021
All-time low
5.91 million current US$
in 1976
Years of data
50
1975–2024

Gross capital formation in Tonga, 1975–2024

050.0M100.0M150.0M197519992024

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

Analysis

Tonga recorded 170.87 million current US$ for gross capital formation in 2024.

Compared with earlier readings it is up 11.5% on the previous year and up 71.5% over ten years.

Over the whole period, gross capital formation in Tonga peaked at 172.10 million current US$ in 2021 and was at its lowest, 5.91 million current US$, in 1976.

Tonga ranks 180th of 186 countries on this measure, in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1970s 9.59 million current US$ 5.91 million current US$ 13.92 million current US$ 5
1980s 18.39 million current US$ 15.38 million current US$ 24.71 million current US$ 10
1990s 35.91 million current US$ 21.00 million current US$ 57.53 million current US$ 10
2000s 54.29 million current US$ 41.34 million current US$ 77.05 million current US$ 10
2010s 123.42 million current US$ 99.65 million current US$ 171.60 million current US$ 10
2020s 154.56 million current US$ 124.48 million current US$ 172.10 million current US$ 5

Countries ranked near Tonga

  1. 177 Guyana 266.72 million current US$ compare
  2. 178 Eritrea 260.73 million current US$ compare
  3. 179 Comoros 214.98 million current US$ compare
  4. 181 Palau 112.42 million current US$ compare
  5. 182 Kiribati 102.65 million current US$ compare
  6. 183 Sao Tome and Principe 85.79 million current US$ compare

See the full ranking of 229 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 170.87 million current 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 172.10 million current US$ in 2021.
What is the lowest gross capital formation recorded in Tonga?
The lowest recorded value was 5.91 million current US$ in 1976.
How does Tonga rank for gross capital formation?
Tonga ranks 180th out of 186 countries with data for 2024.
Is gross capital formation rising or falling in Tonga?
Over the last ten years it is up 71.5%. 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 (current US$). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 50 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Gross capital formation (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
229 places, 10,929 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.