Gross domestic savings in Tonga
Tonga: Gross domestic savings was -303.53 million current LCU in 2024. ◆ Volatile
Gross domestic savings in Tonga, 1975–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2024, gross domestic savings in Tonga stood at -303.53 million current LCU.
That represents a change of up 12.7% on the previous year and down 105.2% over ten years.
Over the whole period, gross domestic savings in Tonga peaked at -470,700 current LCU in 1975 and was at its lowest, -347.75 million current LCU, in 2023.
Tonga ranks 162nd of 187 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 | -2.48 million current LCU | -5.02 million current LCU | -470,700 current LCU | 5 |
| 1980s | -13.36 million current LCU | -26.02 million current LCU | -3.56 million current LCU | 10 |
| 1990s | -19.99 million current LCU | -35.85 million current LCU | -11.16 million current LCU | 10 |
| 2000s | -73.37 million current LCU | -134.56 million current LCU | -18.48 million current LCU | 10 |
| 2010s | -134.03 million current LCU | -204.09 million current LCU | -44.04 million current LCU | 10 |
| 2020s | -238.46 million current LCU | -347.75 million current LCU | -154.73 million current LCU | 5 |
Countries ranked near Tonga
- 159 Palau -41.59 million current LCU compare
- 160 Marshall Islands -68.44 million current LCU compare
- 161 United States Virgin Islands -155.00 million current LCU compare
- 163 Kiribati -326.70 million current LCU compare
- 164 Guyana -528.00 million current LCU compare
- 165 East Timor -824.73 million current LCU compare
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 domestic savings in Tonga?
- Gross domestic savings in Tonga was -303.53 million current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic savings recorded in Tonga?
- The highest recorded value was -470,700 current LCU in 1975.
- What is the lowest gross domestic savings recorded in Tonga?
- The lowest recorded value was -347.75 million current LCU in 2023.
- How does Tonga rank for gross domestic savings?
- Tonga ranks 162nd out of 187 countries with data for 2024.
- Is gross domestic savings rising or falling in Tonga?
- Over the last ten years it is down 105.2%. 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 domestic savings (current LCU). Statizoid updates them automatically from the source API.
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About this data
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.