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
6851800 1975
4834400 1976
6218200 1977
10717000 1978
12454000 1979
14058000 1980
16011000 1981
19106000 1982
19826000 1983
17525000 1984
22690000 1985
24619000 1986
25863000 1987
28918000 1988
27363000 1989
27214000 1990
28691000 1991
32733000 1992
34680000 1993
53304000 1994
69702000 1995
71457800 1996
48048800 1997
58913200 1998
61831600 1999
68893400 2000
86936200 2001
99642700 2002
93985400 2003
98434700 2004
114064900 2005
124778900 2006
130622000 2007
138272800 2008
162861900 2009
214440100 2010
270093400 2011
290850000 2012
183940000 2013
176688000 2014
208899000 2015
225952000 2016
275123000 2017
257047000 2018
295342000 2019
274720000 2020
234738000 2021
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