Bank credit to bank deposits (%) in Tonga
Tonga: Bank credit to bank deposits (%) was 71.5% in 2020. ▲ Rising
Bank credit to bank deposits in Tonga, 1975–2020
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Tonga recorded 71.5% for bank credit to bank deposits in 2020.
The figure is down 11.9% on the previous year and down 28.5% over ten years.
Over the whole period, bank credit to bank deposits in Tonga peaked at 149.8% in 1989 and was at its lowest, 17.8%, in 1975.
Tonga ranks 103rd of 186 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 46 years of available data.
Bank credit to bank deposits (%) in Tonga, year by year
| Year | % | Change |
|---|---|---|
| 1975 | 17.8% | — |
| 1976 | 42.3% | +138.0% |
| 1977 | 39.7% | -6.1% |
| 1978 | 43.7% | +10.0% |
| 1979 | 56.1% | +28.4% |
| 1980 | 64.4% | +14.9% |
| 1981 | 84.9% | +31.9% |
| 1982 | 98.2% | +15.6% |
| 1983 | 84.9% | -13.5% |
| 1984 | 84.9% | +0.1% |
| 1985 | 91.2% | +7.4% |
| 1986 | 89.1% | -2.3% |
| 1987 | 100.2% | +12.4% |
| 1988 | 138.3% | +38.0% |
| 1989 | 149.8% | +8.3% |
| 1990 | 130.3% | -13.0% |
| 1991 | 114.4% | -12.2% |
| 1992 | 122.4% | +6.9% |
| 1993 | 105.3% | -14.0% |
| 1994 | 128.2% | +21.8% |
| 1995 | 146.7% | +14.4% |
| 1996 | 142.7% | -2.7% |
| 1997 | 148.5% | +4.1% |
| 1998 | 143.4% | -3.4% |
| 1999 | 127.0% | -11.4% |
| 2000 | 120.6% | -5.0% |
| 2001 | 115.1% | -4.6% |
| 2002 | 125.3% | +8.9% |
| 2003 | 123.9% | -1.1% |
| 2004 | 105.8% | -14.6% |
| 2005 | 121.0% | +14.3% |
| 2006 | 121.3% | +0.2% |
| 2007 | 123.4% | +1.7% |
| 2008 | 128.2% | +3.9% |
| 2009 | 117.3% | -8.5% |
| 2010 | 100.0% | -14.7% |
| 2011 | 90.7% | -9.3% |
| 2012 | 78.3% | -13.7% |
| 2013 | 75.2% | -4.0% |
| 2014 | 73.0% | -2.9% |
| 2015 | 72.4% | -0.8% |
| 2016 | 76.8% | +6.0% |
| 2017 | 78.4% | +2.1% |
| 2018 | 79.5% | +1.5% |
| 2019 | 81.2% | +2.0% |
| 2020 | 71.5% | -11.9% |
Tonga compared with similar countries
- Tonga's 71.5% is below the median for upper middle income countries, which is 79.3%, 90% of the median. (55 countries reporting)
- Tonga's 71.5% is below the median for East Asia & Pacific, which is 77.0%, 93% of the median. (26 countries reporting)
Biggest year-on-year movements
Years where Bank credit to bank deposits (%) in Tonga changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1976 | +138.0% | 17.8% | 42.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 39.9% | 17.8% | 56.1% | 5 |
| 1980s | 98.6% | 64.4% | 149.8% | 10 |
| 1990s | 130.9% | 105.3% | 148.5% | 10 |
| 2000s | 120.2% | 105.8% | 128.2% | 10 |
| 2010s | 80.6% | 72.4% | 100.0% | 10 |
| 2020s | 71.5% | 71.5% | 71.5% | 1 |
Countries ranked near Tonga
More financial sector data for Tonga
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0069 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 45.37 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0051 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 33.13 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0069 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 45.37 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is bank credit to bank deposits in Tonga?
- Bank credit to bank deposits in Tonga was 71.5% in 2020, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank credit to bank deposits recorded in Tonga?
- The highest recorded value was 149.8% in 1989.
- What is the lowest bank credit to bank deposits recorded in Tonga?
- The lowest recorded value was 17.8% in 1975.
- How does Tonga rank for bank credit to bank deposits?
- Tonga ranks 103rd out of 186 countries with data for 2020.
- Is bank credit to bank deposits rising or falling in Tonga?
- Over the last ten years it is down 28.5%. The long-run trend across the full record is rising.
- Where does this Tonga data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Bank credit to bank deposits (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 46 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); bank deposits (IFS lines 24 and 25).