Tonga: Household consumption, percent of GDP

* indicates monthly or quarterly data series
 Tonga

Household consumption as percent of GDP

 Latest value 96.21
 Year 2024
 Measure percent
 Data availability 1975 - 2024
 Average 94.39
 Min - Max 84.48 - 106.87
 Source The World Bank
 Available for Data download
The latest value from 2024 is 96.21 percent, a decline from 99.82 percent in 2023. In comparison, the world average is 63.93 percent, based on data from 163 countries. Historically, the average for Tonga from 1975 to 2024 is 94.39 percent. The minimum value, 84.48 percent, was reached in 2021 while the maximum of 106.87 percent was recorded in 1983. See the global rankings for that indicator or use the country comparator to compare trends over time.
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 Recent values Tonga: Household consumption, percent of GDP
 2024 96.21
 2023 99.82
 2022 87.90
 2021 84.48
 2020 93.89
 2019 96.86
 2018 99.81
 2017 96.08




Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. This item also includes any statistical discrepancy in the use of resources relative to the supply of resources.

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 Related indicators Latest Reference Measure
 Capital investment, percent of GDP 26.39 2024 percent
 Capital investment, in dollars 0.17 2024 billion U.S. dollars
 Household consumption, percent of GDP 96.21 2024 percent
 Household consumption, in dollars 0.62 2024 billion U.S. dollars
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