Gross domestic savings in Tonga
Tonga: Gross domestic savings was -127.85 million current US$ in 2024. ◆ Volatile
Gross domestic savings in Tonga, 1975–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2024, gross domestic savings in Tonga stood at -127.85 million current US$.
The figure is up 13.2% on the previous year and down 56.7% over ten years.
Over the whole period, gross domestic savings in Tonga peaked at -616,180 current US$ in 1975 and was at its lowest, -147.25 million current US$, in 2023.
That places Tonga 165th out of 187 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -2.86 million current US$ | -5.61 million current US$ | -616,180 current US$ | 5 |
| 1980s | -10.92 million current US$ | -22.23 million current US$ | -3.61 million current US$ | 10 |
| 1990s | -14.86 million current US$ | -27.65 million current US$ | -8.45 million current US$ | 10 |
| 2000s | -36.58 million current US$ | -64.51 million current US$ | -11.28 million current US$ | 10 |
| 2010s | -65.92 million current US$ | -96.04 million current US$ | -25.99 million current US$ | 10 |
| 2020s | -102.34 million current US$ | -147.25 million current US$ | -67.93 million current US$ | 5 |
Countries ranked near Tonga
- 162 Marshall Islands -68.44 million current US$ compare
- 163 Namibia -83.18 million current US$ compare
- 164 Sao Tome and Principe -110.88 million current US$ compare
- 166 Solomon Islands -128.38 million current US$ compare
- 167 Central African Republic -150.63 million current US$ compare
- 168 United States Virgin Islands -155.00 million current US$ 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 -127.85 million current US$ 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 -616,180 current US$ in 1975.
- What is the lowest gross domestic savings recorded in Tonga?
- The lowest recorded value was -147.25 million current US$ in 2023.
- How does Tonga rank for gross domestic savings?
- Tonga ranks 165th 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 56.7%. 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 US$). 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 indicator is expressed in United States dollars.