Lower middle income vs Tonga: Net investment in nonfinancial assets
Net investment in nonfinancial assets over time
- Lower middle income
- Tonga
How they compare
Tonga currently reports 6.8% against 1.2% in Lower middle income, a difference of 5.6%.
That makes Tonga's figure about 5.8 times Lower middle income's.
Across all 6 years both countries report, Tonga has been ahead every year.
Lower middle income ranks 21st and Tonga ranks 20th of 26 groups.
Tonga has averaged higher in every one of the 1 decades both report.
Frequently asked questions
- Which has higher net investment in nonfinancial assets, Lower middle income or Tonga?
- Tonga, at 6.8% against 1.2% in Lower middle income as of 2023.
- What is the difference in net investment in nonfinancial assets between Lower middle income and Tonga?
- 5.6%, with Tonga ahead.
- How many years of comparable data are there for Lower middle income and Tonga?
- 6 years are reported by both, from 2013 to 2018.
- How do Lower middle income and Tonga rank globally for net investment in nonfinancial assets?
- Lower middle income ranks 21st and Tonga ranks 20th of 26 groups.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net investment in nonfinancial assets (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Net investment in government nonfinancial assets includes fixed assets, inventories, valuables, and nonproduced assets. Nonfinancial assets are stores of value and provide benefits either through their use in the production of goods and services or in the form of property income and holding gains. Net investment in nonfinancial assets also includes consumption of fixed capital. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.