🇹🇴 Tonga Final consumption expenditure

Tonga Final consumption expenditure was $1.33B in 2023, up 6.3% from 2022, according to World Bank data. The 10-year average is $1.20B. Historical data available from 1994 to 2023 (30 data points). The all-time high was $1.33B in 2023.

Source: World Bank World Development Indicators • 1994202330 data pointsEconomy & Growth

Latest Value
$1.33B
2023
Year-on-Year
+6.3%
vs 2022
10-Year Average
$1.20B
20142023
Range
High: $1.33B (2023)
Low: $835.42M (1994)

Tonga Final consumption expenditure (constant LCU)1994 to 2023

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About this Indicator

Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.

Historical Data Table

YearValue
2023$1.33B
2022$1.25B
2021$1.21B
2020$1.26B
2019$1.26B
2018$1.22B
2017$1.18B
2016$1.17B
2015$1.11B
2014$1.04B

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