Gross capital formation in Tonga
Tonga: Gross capital formation was 170.87 million current US$ in 2024. ◆ Volatile
Gross capital formation in Tonga, 1975–2024
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$, in 1976.
Tonga ranks 180th of 186 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9.59 million current US$ | 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
More economy & growth data for Tonga
- DEC alternative conversion factor 2.4 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 468.46 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) 197.32 million current US$ (2024)
- Taxes less subsidies on products 218.66 million current LCU (2024)
- Taxes less subsidies on products 92.11 million current US$ (2024)
- Net primary income (Net income from abroad) 105.72 million current LCU (2025)
- Net primary income (Net income from abroad) 44.13 million current US$ (2025)
- GNI per capita 16,702 current LCU (2025)
- GNI per capita, Atlas method 6,840 current US$ (2025)
- GNI 1.73 billion current LCU (2025)
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.
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About this data
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.