Tonga - Gross value added at factor cost (current LCU)

The value for Gross value added at factor cost (current LCU) in Tonga was 944,400,000 as of 2020. As the graph below shows, over the past 45 years this indicator reached a maximum value of 977,400,000 in 2019 and a minimum value of 21,014,300 in 1975.

Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1975 21,014,300
1976 21,458,800
1977 26,680,100
1978 31,027,200
1979 34,710,200
1980 40,583,000
1981 46,897,000
1982 52,519,000
1983 57,880,000
1984 63,118,000
1985 72,518,000
1986 86,246,000
1987 98,288,000
1988 104,069,000
1989 113,067,000
1990 123,674,000
1991 142,606,000
1992 158,646,000
1993 160,235,000
1994 224,320,300
1995 229,962,500
1996 237,590,300
1997 234,412,000
1998 249,629,300
1999 278,250,800
2000 294,187,700
2001 310,234,700
2002 342,641,500
2003 378,112,200
2004 408,057,900
2005 435,100,300
2006 496,908,400
2007 502,182,100
2008 543,826,800
2009 566,473,900
2010 623,200,200
2011 667,742,700
2012 696,721,600
2013 681,024,400
2014 689,430,800
2015 728,079,000
2016 789,217,500
2017 853,187,700
2018 890,149,400
2019 977,400,000
2020 944,400,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts