Gross fixed capital formation in Tonga
Tonga: Gross fixed capital formation was 169.33 million current US$ in 2024. ◆ Volatile
Gross fixed capital formation in Tonga, 1975–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2024, gross fixed capital formation in Tonga stood at 169.33 million current US$. That is the highest value across all 50 years on record.
That represents a change of up 9.5% on the previous year and up 77.8% over ten years.
Over the whole period, gross fixed capital formation in Tonga peaked at 169.33 million current US$ in 2024 and was at its lowest, 5.94 million current US$, in 1976.
Tonga ranks 176th of 180 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.54 million current US$ | 5.94 million current US$ | 12.56 million current US$ | 5 |
| 1980s | 17.42 million current US$ | 13.97 million current US$ | 22.22 million current US$ | 10 |
| 1990s | 35.22 million current US$ | 20.30 million current US$ | 56.14 million current US$ | 10 |
| 2000s | 53.42 million current US$ | 40.41 million current US$ | 75.94 million current US$ | 10 |
| 2010s | 114.98 million current US$ | 95.24 million current US$ | 164.84 million current US$ | 10 |
| 2020s | 152.10 million current US$ | 118.58 million current US$ | 169.33 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 fixed capital formation in Tonga?
- Gross fixed capital formation in Tonga was 169.33 million current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross fixed capital formation recorded in Tonga?
- The highest recorded value was 169.33 million current US$ in 2024.
- What is the lowest gross fixed capital formation recorded in Tonga?
- The lowest recorded value was 5.94 million current US$ in 1976.
- How does Tonga rank for gross fixed capital formation?
- Tonga ranks 176th out of 180 countries with data for 2024.
- Is gross fixed capital formation rising or falling in Tonga?
- Over the last ten years it is up 77.8%. 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 Offices (NSOs), published as part of Gross fixed capital formation (current US$). Statizoid updates them automatically from the source API.
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About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. 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.