Tonga | Gross capital formation (current LCU)

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. Data are in current local currency.
Publisher
The World Bank
Origin
Kingdom of Tonga
Records
63
Source
Tonga | Gross capital formation (current LCU)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975 6851800
1976 4834400
1977 6218200
1978 10717000
1979 12454000
1980 14058000
1981 16011000
1982 19106000
1983 19826000
1984 17525000
1985 22690000
1986 24619000
1987 25863000
1988 28918000
1989 27363000
1990 27214000
1991 28691000
1992 32733000
1993 34680000
1994 53304000
1995 69702000
1996 71457800
1997 48048800
1998 58913200
1999 61831600
2000 68893400
2001 86936200
2002 99642700
2003 93985400
2004 98434700
2005 114064900
2006 124778900
2007 130622000
2008 138272800
2009 162861900
2010 214440100
2011 270093400
2012 290850000
2013 183940000
2014 176688000
2015 208899000
2016 225952000
2017 275123000
2018 257047000
2019 295342000
2020 274720000
2021 234738000
2022

Tonga | Gross capital formation (current LCU)

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. Data are in current local currency.
Publisher
The World Bank
Origin
Kingdom of Tonga
Records
63
Source