Tonga - Gross fixed capital formation

Gross fixed capital formation (current US$)

The latest value for Gross fixed capital formation (current US$) in Tonga was $115,007,500 as of 2020. Over the past 45 years, the value for this indicator has fluctuated between $166,341,900 in 2012 and $5,942,809 in 1976.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1975 $7,405,813
1976 $5,942,809
1977 $6,546,019
1978 $10,259,130
1979 $12,560,250
1980 $15,465,730
1981 $17,618,940
1982 $18,195,560
1983 $16,370,270
1984 $15,125,060
1985 $13,970,250
1986 $15,350,940
1987 $18,353,170
1988 $22,220,800
1989 $21,488,280
1990 $20,453,770
1991 $20,300,790
1992 $21,700,690
1993 $21,896,680
1994 $41,400,170
1995 $53,617,280
1996 $56,615,960
1997 $41,421,530
1998 $38,429,020
1999 $39,566,370
2000 $40,940,760
2001 $43,867,520
2002 $45,074,320
2003 $42,169,160
2004 $47,388,130
2005 $57,969,920
2006 $61,213,400
2007 $64,277,380
2008 $71,578,910
2009 $76,927,550
2010 $109,354,300
2011 $117,059,000
2012 $166,341,900
2013 $102,243,000
2014 $95,241,240
2015 $102,015,400
2016 $101,827,200
2017 $122,814,900
2018 $110,763,600
2019 $124,823,700
2020 $115,007,500

Gross fixed capital formation (current LCU)

The value for Gross fixed capital formation (current LCU) in Tonga was 265,678,800 as of 2020. As the graph below shows, over the past 45 years this indicator reached a maximum value of 283,586,900 in 2019 and a minimum value of 4,863,000 in 1976.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1975 5,657,300
1976 4,863,000
1977 5,903,200
1978 8,963,400
1979 11,236,400
1980 13,582,000
1981 15,332,000
1982 17,939,000
1983 18,171,000
1984 17,235,000
1985 20,004,000
1986 22,965,000
1987 26,212,000
1988 26,005,000
1989 27,043,000
1990 26,504,000
1991 26,322,000
1992 29,233,000
1993 30,305,000
1994 54,656,500
1995 68,142,200
1996 69,745,200
1997 52,336,100
1998 57,336,100
1999 62,621,700
2000 67,106,000
2001 85,857,500
2002 98,253,000
2003 92,582,400
2004 96,941,900
2005 112,363,100
2006 122,971,600
2007 128,728,300
2008 136,057,200
2009 160,447,800
2010 210,933,600
2011 214,463,700
2012 281,932,900
2013 177,269,000
2014 172,605,700
2015 198,226,100
2016 225,811,900
2017 271,482,400
2018 242,993,100
2019 283,586,900
2020 265,678,800

Gross fixed capital formation (constant 2010 US$)

The latest value for Gross fixed capital formation (constant 2010 US$) in Tonga was 108,542,300 as of 2020. Over the past 9 years, the value for this indicator has fluctuated between 138,902,000 in 2017 and 88,569,060 in 2013.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2011 102,870,100
2012 137,194,200
2013 88,569,060
2014 95,827,390
2015 102,015,400
2016 119,622,600
2017 138,902,000
2018 100,839,700
2019 114,822,900
2020 108,542,300

Gross fixed capital formation (annual % growth)

The value for Gross fixed capital formation (annual % growth) in Tonga was -5.47 as of 2020. As the graph below shows, over the past 8 years this indicator reached a maximum value of 33.37 in 2012 and a minimum value of -35.44 in 2013.

Definition: Average annual growth of gross fixed capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2012 33.37
2013 -35.44
2014 8.20
2015 6.46
2016 17.26
2017 16.12
2018 -27.40
2019 13.87
2020 -5.47

Gross fixed capital formation (constant LCU)

The value for Gross fixed capital formation (constant LCU) in Tonga was 212,144,800 as of 2020. As the graph below shows, over the past 9 years this indicator reached a maximum value of 271,482,400 in 2017 and a minimum value of 173,107,200 in 2013.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2011 201,058,400
2012 268,144,600
2013 173,107,200
2014 187,293,600
2015 199,387,900
2016 233,801,100
2017 271,482,400
2018 197,090,100
2019 224,420,100
2020 212,144,800

Gross fixed capital formation (% of GDP)

Gross fixed capital formation (% of GDP) in Tonga was 23.53 as of 2020. Its highest value over the past 45 years was 35.34 in 2012, while its lowest value was 15.36 in 1991.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1975 22.78
1976 19.79
1977 19.17
1978 24.68
1979 28.12
1980 29.04
1981 28.31
1982 29.32
1983 26.90
1984 23.54
1985 23.26
1986 22.51
1987 22.47
1988 20.83
1989 20.21
1990 18.01
1991 15.36
1992 15.83
1993 15.81
1994 21.12
1995 25.67
1996 25.49
1997 19.27
1998 20.07
1999 19.86
2000 19.99
2001 24.22
2002 24.66
2003 20.85
2004 20.54
2005 22.14
2006 20.95
2007 21.53
2008 20.78
2009 24.63
2010 29.81
2011 28.24
2012 35.34
2013 22.69
2014 21.65
2015 23.34
2016 24.21
2017 26.68
2018 22.64
2019 24.36
2020 23.53

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts