Gross value added at basic prices (GVA) in Tonga

Tonga: Gross value added at basic prices (GVA) was 1.32 billion current LCU in 2024. ◆ Volatile

Latest (2024)
1.32 billion current LCU
Change on year
up 12.7%
World rank
200th
of 206 countries
All-time high
1.32 billion current LCU
in 2024
All-time low
21.01 million current LCU
in 1975
Years of data
50
1975–2024

Gross value added at basic prices (GVA) in Tonga, 1975–2024

0500.0M1.0B1.5B197519992024

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

Analysis

Tonga recorded 1.32 billion current LCU for gross value added at basic prices (gva) in 2024. That is the highest value across all 50 years on record.

Compared with earlier readings it is up 12.7% on the previous year and up 90.7% over ten years.

Over the whole period, gross value added at basic prices (gva) in Tonga peaked at 1.32 billion current LCU in 2024 and was at its lowest, 21.01 million current LCU, in 1975.

Tonga ranks 200th of 206 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 26.98 million current LCU 21.01 million current LCU 34.71 million current LCU 5
1980s 73.52 million current LCU 40.58 million current LCU 113.07 million current LCU 10
1990s 203.93 million current LCU 123.67 million current LCU 278.25 million current LCU 10
2000s 427.79 million current LCU 294.19 million current LCU 566.55 million current LCU 10
2010s 759.61 million current LCU 623.31 million current LCU 963.09 million current LCU 10
2020s 1.10 billion current LCU 985.36 million current LCU 1.32 billion current LCU 5

Countries ranked near Tonga

  1. 197 San Marino 1.74 billion current LCU compare
  2. 198 Dominica 1.63 billion current LCU compare
  3. 199 Turks and Caicos Islands 1.44 billion current LCU compare
  4. 201 Kiribati 530.28 million current LCU compare
  5. 202 Micronesia (country) 457.34 million current LCU compare
  6. 203 Palau 281.37 million current LCU compare

See the full ranking of 206 places →

More economy & growth data for Tonga

All data for Tonga →

Frequently asked questions

What is gross value added at basic prices (gva) in Tonga?
Gross value added at basic prices (gva) in Tonga was 1.32 billion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest gross value added at basic prices (gva) recorded in Tonga?
The highest recorded value was 1.32 billion current LCU in 2024.
What is the lowest gross value added at basic prices (gva) recorded in Tonga?
The lowest recorded value was 21.01 million current LCU in 1975.
How does Tonga rank for gross value added at basic prices (gva)?
Tonga ranks 200th out of 206 countries with data for 2024.
Is gross value added at basic prices (gva) rising or falling in Tonga?
Over the last ten years it is up 90.7%. 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 value added at basic prices (GVA) (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross value added at basic prices (GVA) (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
206 places, 9,147 data points, 1960–2025
Last refreshed

Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. 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.