Credit to government and state-owned enterprises to GDP in Tonga
Tonga: Credit to government and state-owned enterprises to GDP was 8.2% in 2020. ◆ Volatile
Credit to government and state-owned enterprises to GDP in Tonga, 1980–2020
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for credit to government and state-owned enterprises to gdp in Tonga is 8.2%, measured in 2020. That is the highest value across all 41 years on record.
Compared with earlier readings it is up 6.3% on the previous year and up 44.3% over ten years.
Over the whole period, credit to government and state-owned enterprises to gdp in Tonga peaked at 8.2% in 2020 and was at its lowest, 0.1%, in 1987.
Tonga ranks 120th of 178 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Credit to government and state-owned enterprises to GDP in Tonga, year by year
| Year | % | Change |
|---|---|---|
| 1980 | 0.3% | — |
| 1981 | 0.6% | +95.9% |
| 1982 | 0.6% | -11.4% |
| 1983 | 0.5% | -9.5% |
| 1984 | 0.5% | -7.7% |
| 1985 | 0.4% | -14.9% |
| 1986 | 0.2% | -60.9% |
| 1987 | 0.1% | -12.5% |
| 1988 | 1.9% | +1322.5% |
| 1989 | 2.6% | +36.5% |
| 1990 | 2.0% | -23.6% |
| 1991 | 4.1% | +104.5% |
| 1992 | 4.0% | -2.0% |
| 1993 | 3.8% | -6.8% |
| 1994 | 4.7% | +24.0% |
| 1995 | 5.3% | +13.9% |
| 1996 | 5.2% | -2.9% |
| 1997 | 5.1% | -0.5% |
| 1998 | 5.0% | -2.6% |
| 1999 | 4.4% | -11.0% |
| 2000 | 4.4% | -0.5% |
| 2001 | 4.7% | +5.7% |
| 2002 | 4.4% | -6.7% |
| 2003 | 5.5% | +27.1% |
| 2004 | 5.7% | +3.0% |
| 2005 | 3.3% | -41.6% |
| 2006 | 1.5% | -53.5% |
| 2007 | 1.5% | -3.2% |
| 2008 | 3.0% | +100.7% |
| 2009 | 3.5% | +15.3% |
| 2010 | 5.7% | +63.4% |
| 2011 | 4.0% | -28.8% |
| 2012 | 4.3% | +6.9% |
| 2013 | 6.8% | +57.7% |
| 2014 | 7.9% | +16.3% |
| 2015 | 7.6% | -3.7% |
| 2016 | 7.4% | -2.6% |
| 2017 | 7.5% | +0.5% |
| 2018 | 7.8% | +4.1% |
| 2019 | 7.7% | -1.1% |
| 2020 | 8.2% | +6.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.8% | 0.1% | 2.6% | 10 |
| 1990s | 4.4% | 2.0% | 5.3% | 10 |
| 2000s | 3.8% | 1.5% | 5.7% | 10 |
| 2010s | 6.7% | 4.0% | 7.9% | 10 |
| 2020s | 8.2% | 8.2% | 8.2% | 1 |
Countries ranked near Tonga
- 117 Argentina 8.8% compare
- 118 Sao Tome and Principe 8.8% compare
- 119 Netherlands 8.7% compare
- 121 Hong Kong, China 7.7% compare
- 122 Guyana 7.7% compare
- 123 Uganda 7.6% compare
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 credit to government and state-owned enterprises to gdp in Tonga?
- Credit to government and state-owned enterprises to gdp in Tonga was 8.2% in 2020, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest credit to government and state-owned enterprises to gdp recorded in Tonga?
- The highest recorded value was 8.2% in 2020.
- What is the lowest credit to government and state-owned enterprises to gdp recorded in Tonga?
- The lowest recorded value was 0.1% in 1987.
- How does Tonga rank for credit to government and state-owned enterprises to gdp?
- Tonga ranks 120th out of 178 countries with data for 2020.
- Is credit to government and state-owned enterprises to gdp rising or falling in Tonga?
- Over the last ten years it is up 44.3%. The long-run trend across the full record is volatile.
- Where does this Tonga data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Credit to government and state-owned enterprises to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Raw data are from the electronic version of the IMF’s International Financial Statistics. (IFS line 22A + line 22B + line 22C) / GDP. Local currency GDP is from IFS (line 99B..ZF or, if not available, line 99B.CZF).