The 2023 composition of Tonga's GDP is led by the Services sector, accounting for 38.71% of the total. Agriculture, hunting, forestry, and fishing contribute 19.34%. Wholesale, retail trade, restaurants, and hotels account for 14.88%. Mining, manufacturing, and utilities comprise 11.22%, followed by construction at 8.17%, and transport, storage, and communication at 7.68%. Over the past two years, these sectors have shown varying annual growth rates, with the Services sector experiencing the most significant expansion. The five-year CAGR highlights a steady upward trend in GDP contribution from mining and utilities.
Future trends to monitor include the expansion of the Services sector, fostering economic diversification. Additionally, advancements in technology and increased infrastructure investments may accelerate growth in transport and communication. The sustainability of agricultural practices remains key for economic stability.
Top countries in GDP Composition by Sector
| # | 6 Countries | Percent | Last Year | |
|---|---|---|---|---|
| 1 | 1 Services | 38.71 | 2016 | |
| 2 | 2 Agriculture, hunting, forestry, fishing | 19.34 | 2016 | |
| 3 | 3 Wholesale, retail trade, restaurants and hotels | 14.88 | 2016 | |
| 4 | 4 Mining, Manufacturing, Utilities | 11.22 | 2016 | |
| 5 | 5 Construction | 8.17 | 2016 | |
| 6 | 6 Transport, storage and communication | 7.68 | 2016 |
