Solomon Islands vs Tonga: Domestic credit to private sector
Domestic credit to private sector over time
- Solomon Islands
- Tonga
How they compare
Tonga currently reports 34.1% against 33.7% in Solomon Islands, a difference of 0.4%.
The two have swapped places 7 times across 47 shared years of data; in 1978 it was Solomon Islands ahead.
Solomon Islands ranks 110th and Tonga ranks 109th of 187 countries.
Across the 6 decades both report, Solomon Islands averaged higher in 2 and Tonga in 4.
Head to head by decade
| Decade | Solomon Islands | Tonga | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 13.4% | 12.1% | 1.3% | Solomon Islands |
| 1980s | 27.9% | 25.3% | 2.6% | Solomon Islands |
| 1990s | 15.4% | 35.4% | 20.0% | Tonga |
| 2000s | 19.0% | 46.8% | 27.8% | Tonga |
| 2010s | 28.2% | 35.3% | 7.1% | Tonga |
| 2020s | 33.7% | 36.1% | 2.4% | Tonga |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector, Solomon Islands or Tonga?
- Tonga, at 34.1% against 33.7% in Solomon Islands as of 2025.
- What is the difference in domestic credit to private sector between Solomon Islands and Tonga?
- 0.4%, with Tonga ahead.
- How many years of comparable data are there for Solomon Islands and Tonga?
- 47 years are reported by both, from 1978 to 2024.
- How do Solomon Islands and Tonga rank globally for domestic credit to private sector?
- Solomon Islands ranks 110th and Tonga ranks 109th of 187 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Domestic credit to private sector (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.