Tonga - 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

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts