Tonga: Capital investment, percent of GDP

* indicates monthly or quarterly data series

Capital investment as percent of GDP

 Latest value 21.96
 Year 2021
 Measure percent
 Data availability 1975 - 2021
 Average 24.13
 Min - Max 16.74 - 36.46
 Source The World Bank
For that indicator, we provide data for Tonga from 1975 to 2021. The average value for Tonga during that period was 24.13 percent with a minimum of 16.74 percent in 1991 and a maximum of 36.46 percent in 2012. The latest value from 2021 is 21.96 percent. For comparison, the world average in 2021 based on 154 countries is 24.00 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Tonga - Capital investment, percent of GDP - Recent values chart

Historical chart
Tonga - Capital investment, percent of GDP - historical chart - 1975-2021

The capital investment in Tonga and other countries is calculated as the purchases of new plant and equipment by firms, as percent of GDP. A high number is good for long-term economic growth as current investment leads to greater future production.
Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include 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. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

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 Related indicators Latest value Reference Measure
 Capital investment, percent of GDP 21.96 2021 percent
 Capital investment, in dollars 0.10 2021 billion U.S. dollars
 Household consumption, percent of GDP 109.04 2021 percent
 Household consumption, in dollars 0.51 2021 billion U.S. dollars
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