Philippines vs Tonga: Lending interest rate

Philippines
7.1%
in 2019
Tonga
7.6%
in 2025
Philippines rank
90th
Tonga rank
88th

Lending interest rate over time

  • Philippines
  • Tonga
51015202530197620002025

How they compare

Tonga currently reports 7.6% against 7.1% in Philippines, a difference of 0.5%.

That makes Tonga's figure about 1.1 times Philippines's.

Across all 8 years both countries report, Tonga has been ahead every year.

Philippines ranks 90th and Tonga ranks 88th of 148 countries.

Tonga has averaged higher in every one of the 1 decades both report.

Frequently asked questions

Which has higher lending interest rate, Philippines or Tonga?
Tonga, at 7.6% against 7.1% in Philippines as of 2025.
What is the difference in lending interest rate between Philippines and Tonga?
0.5%, with Tonga ahead.
How many years of comparable data are there for Philippines and Tonga?
8 years are reported by both, from 2012 to 2019.
How do Philippines and Tonga rank globally for lending interest rate?
Philippines ranks 90th and Tonga ranks 88th of 148 countries.
Where does this data come from?
International Financial Statistics database, International Monetary Fund (IMF), published as Lending interest rate (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Lending interest rate (%)
Unit
%
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
148 places, 4,788 data points, 1960–2025
Last refreshed

Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.