Gross capital formation (% of GDP) — all countries

Gross capital formation (% of GDP) — Tonga

Gross capital formation (% of GDP) in Tonga in 2024 — 26.4%. Ranked 48 in the world out of 169. Since 1975, the indicator has fallen by 1.2 pp.

2024 26.4% +0.5 pp vs 2023
World rank 48of 169
Period maximum 36.4%2012
Period minimum 16.7%1991

Trend over time

1975–2024 · % of GDP

Gross capital formation (% of GDP) — Tonga, 1975–2024152025303540197519801985199019952000200520102015202020241975: 27.6%1976: 19.7%1977: 20.2%1978: 29.5%1979: 31.2%1980: 30.1%1981: 29.6%1982: 31.2%1983: 29.3%1984: 23.9%1985: 26.4%1986: 24.1%1987: 22.2%1988: 23.2%1989: 20.4%1990: 18.5%1991: 16.7%1992: 17.7%1993: 18.1%1994: 20.4%1995: 26%1996: 25.9%1997: 17.4%1998: 20.5%1999: 19.3%2000: 20.3%2001: 23.5%2002: 24.3%2003: 20.4%2004: 20%2005: 22%2006: 20.8%2007: 20.5%2008: 20.4%2009: 24.7%2010: 29.2%2011: 35.3%2012: 36.4%2013: 23.5%2014: 22.6%2015: 25.4%2016: 24.7%2017: 27.9%2018: 24.5%2019: 27.6%2020: 24.6%2021: 33.1%2022: 27.3%2023: 25.9%2024: 26.4%
Change over the period: −1.2 pp Annual average: -0.02 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Tonga

Tonga 26.4%
World 26.3%
Gross capital formation (% of GDP) — Tonga, by year Tonga All countries CSV XLSX
Year % Change, pp
2024 26.4 +0.5 pp
2023 25.9 −1.4 pp
2022 27.3 −5.8 pp
2021 33.1 +8.6 pp
2020 24.6 −3 pp
2019 27.6 +3.1 pp
2018 24.5 −3.4 pp
2017 27.9 +3.2 pp
2016 24.7 −0.7 pp
2015 25.4 +2.8 pp
2014 22.6 −0.9 pp
2013 23.5 −12.9 pp
2012 36.4 +1.2 pp
2011 35.3 +6.1 pp
2010 29.2 +4.5 pp
2009 24.7 +4.3 pp
2008 20.4 −0.2 pp
2007 20.5 −0.3 pp
2006 20.8 −1.2 pp
2005 22 +2 pp
2004 20 −0.4 pp
2003 20.4 −3.8 pp
2002 24.3 +0.8 pp
2001 23.5 +3.2 pp
2000 20.3 +1 pp
1999 19.3 −1.2 pp
1998 20.5 +3.1 pp
1997 17.4 −8.6 pp
1996 25.9 −0.1 pp
1995 26 +5.6 pp
1994 20.4 +2.3 pp
1993 18.1 +0.4 pp
1992 17.7 +1 pp
1991 16.7 −1.8 pp
1990 18.5 −2 pp
1989 20.4 −2.7 pp
1988 23.2 +1 pp
1987 22.2 −2 pp
1986 24.1 −2.3 pp
1985 26.4 +2.4 pp
1984 23.9 −5.4 pp
1983 29.3 −1.9 pp
1982 31.2 +1.7 pp
1981 29.6 −0.5 pp
1980 30.1 −1.1 pp
1979 31.2 +1.7 pp
1978 29.5 +9.3 pp
1977 20.2 +0.5 pp
1976 19.7 −7.9 pp
1975 27.6

Polynesia, 2024

The same indicator for neighboring countries — with links to their pages

About the indicator

Gross capital formation as a percent of GDP: outlays on fixed assets (buildings, structures, machinery, transport equipment, infrastructure), changes in inventories of material working assets and net acquisition of valuables. A steadily high rate of capital formation is a necessary condition for fast growth: during the economic surges of East Asia the indicator exceeded 35–40% of GDP.

Source: World Development Indicators (World Bank), license CC BY 4.0.