Net investment in nonfinancial assets in Tonga
Tonga: Net investment in nonfinancial assets was 95.32 million current LCU in 2023. ▲ Rising
Net investment in nonfinancial assets in Tonga, 2013–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Tonga recorded 95.32 million current LCU for net investment in nonfinancial assets in 2023.
That represents a change of up 41.9% on the previous year and up 198.6% over ten years.
Over the whole period, net investment in nonfinancial assets in Tonga peaked at 100.96 million current LCU in 2021 and was at its lowest, 31.92 million current LCU, in 2013.
Tonga ranks 146th of 156 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 11 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 62.18 million current LCU | 31.92 million current LCU | 96.14 million current LCU | 7 |
| 2020s | 82.04 million current LCU | 64.69 million current LCU | 100.96 million current LCU | 4 |
Countries ranked near Tonga
- 143 Barbados 126.37 million current LCU compare
- 144 Saint Kitts and Nevis 122.70 million current LCU compare
- 145 Fiji 116.64 million current LCU compare
- 147 Saint Vincent and the Grenadines 82.82 million current LCU compare
- 148 Andorra 64.77 million current LCU compare
- 149 Micronesia (country) 39.22 million current LCU compare
More public sector data for Tonga
- Arms imports 7.00 million SIPRI trend indicator values (2020)
- Tax revenue 20.5% (2023)
- Taxes on income, profits and capital gains 8.9% (2023)
- Taxes on goods and services 30.0% (2023)
- Net investment in nonfinancial assets 6.8% (2023)
- Net lending (+) / net borrowing (-) 5.3% (2023)
- Interest payments 1.3% (2023)
- Grants and other revenue 56.2% (2023)
- Interest payments 1.7% (2023)
- Other taxes 0.1% (2023)
Frequently asked questions
- What is net investment in nonfinancial assets in Tonga?
- Net investment in nonfinancial assets in Tonga was 95.32 million current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net investment in nonfinancial assets recorded in Tonga?
- The highest recorded value was 100.96 million current LCU in 2021.
- What is the lowest net investment in nonfinancial assets recorded in Tonga?
- The lowest recorded value was 31.92 million current LCU in 2013.
- How does Tonga rank for net investment in nonfinancial assets?
- Tonga ranks 146th out of 156 countries with data for 2023.
- Is net investment in nonfinancial assets rising or falling in Tonga?
- Over the last ten years it is up 198.6%. The long-run trend across the full record is rising.
- Where does this Tonga data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net investment in nonfinancial assets (current LCU). Statizoid updates them automatically from the source API.
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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 in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.