Gross national savings — all countries

Gross national savings — Tonga

Gross national savings in Tonga in 2024 — 18.5%. Ranked 97 in the world out of 146. Since 1981, the indicator has risen by 0.6 pp.

2024 18.5% −0.1 pp vs 2023
World rank 97of 146
Period maximum 39.9%1982
Period minimum 9.1%2015

Trend over time

1981–2024 · % of GDP

Gross national savings — Tonga, 1981–202401020304019811986199119962001200620112016202120241981: 17.9%1982: 39.9%1983: 32.6%1984: 24.7%1985: 19.6%1986: 23.5%1987: 26.7%1988: 11.4%1989: 19.6%1990: 26.2%1991: 9.1%1992: 20.7%1993: 20.8%1994: 17.2%2001: 22.4%2002: 20.3%2003: 18%2004: 19.8%2005: 13.6%2006: 15.9%2007: 13.2%2008: 12.6%2009: 13.9%2010: 15.3%2011: 19.6%2012: 23.7%2013: 20.4%2014: 15.6%2015: 9.1%2016: 14.7%2017: 20.7%2018: 18.9%2019: 20.2%2020: 20.8%2021: 26.8%2022: 27.5%2023: 18.6%2024: 18.5%
Change over the period: +0.6 pp Annual average: 0.01 pp

Comparison, 2024

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

Tonga 18.5%
World 26.1%
Gross national savings — Tonga, by year Tonga All countries CSV XLSX
Year % Change, pp
2024 18.5 −0.1 pp
2023 18.6 −8.8 pp
2022 27.5 +0.7 pp
2021 26.8 +6 pp
2020 20.8 +0.6 pp
2019 20.2 +1.3 pp
2018 18.9 −1.8 pp
2017 20.7 +6 pp
2016 14.7 +5.6 pp
2015 9.1 −6.5 pp
2014 15.6 −4.8 pp
2013 20.4 −3.3 pp
2012 23.7 +4.1 pp
2011 19.6 +4.3 pp
2010 15.3 +1.4 pp
2009 13.9 +1.2 pp
2008 12.6 −0.6 pp
2007 13.2 −2.7 pp
2006 15.9 +2.4 pp
2005 13.6 −6.2 pp
2004 19.8 +1.8 pp
2003 18 −2.4 pp
2002 20.3 −2.1 pp
2001 22.4
1994 17.2 −3.6 pp
1993 20.8 +0.1 pp
1992 20.7 +11.5 pp
1991 9.1 −17.1 pp
1990 26.2 +6.6 pp
1989 19.6 +8.2 pp
1988 11.4 −15.3 pp
1987 26.7 +3.2 pp
1986 23.5 +3.9 pp
1985 19.6 −5.1 pp
1984 24.7 −8 pp
1983 32.6 −7.2 pp
1982 39.9 +21.9 pp
1981 17.9

Polynesia, 2024

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

WS Samoa 30 TO Tonga 18.5

About the indicator

Gross national savings as a percent of GDP — what is left of national income after all consumption, private and public. Savings and capital formation differ by the balance of external transactions: a country that saves more than it invests at home exports capital, and one that invests more than it saves imports it. Hence the stable link with the current account balance, which is exactly what this indicator makes visible.

Important: The difference between savings and capital formation is approximately equal to the current account balance — that is an identity of the national accounts, not a coincidence.

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