Deposit money banks'' assets to GDP in Tonga
Tonga: Deposit money banks'' assets to GDP was 47.0% in 2020. ▲ Rising
Deposit money banks'' assets to GDP in Tonga, 1975–2020
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for deposit money banks'' assets to gdp in Tonga is 47.0%, measured in 2020.
Compared with earlier readings it is up 4.2% on the previous year and up 3.1% over ten years.
Over the whole period, deposit money banks'' assets to gdp in Tonga peaked at 56.7% in 2008 and was at its lowest, 4.8%, in 1975.
That places Tonga 112th out of 187 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 46 years of available data.
Deposit money banks'' assets to GDP in Tonga, year by year
| Year | % | Change |
|---|---|---|
| 1975 | 4.8% | — |
| 1976 | 8.5% | +77.9% |
| 1977 | 10.4% | +22.7% |
| 1978 | 10.4% | +0.3% |
| 1979 | 14.2% | +36.3% |
| 1980 | 16.0% | +12.7% |
| 1981 | 19.2% | +19.6% |
| 1982 | 22.9% | +19.4% |
| 1983 | 21.3% | -6.8% |
| 1984 | 22.1% | +3.4% |
| 1985 | 25.9% | +17.5% |
| 1986 | 24.9% | -3.9% |
| 1987 | 29.6% | +18.8% |
| 1988 | 38.7% | +30.7% |
| 1989 | 42.4% | +9.7% |
| 1990 | 40.2% | -5.2% |
| 1991 | 37.3% | -7.2% |
| 1992 | 35.2% | -5.6% |
| 1993 | 36.6% | +3.9% |
| 1994 | 35.0% | -4.5% |
| 1995 | 40.8% | +16.7% |
| 1996 | 40.7% | -0.2% |
| 1997 | 45.5% | +11.7% |
| 1998 | 47.3% | +3.8% |
| 1999 | 42.3% | -10.6% |
| 2000 | 44.9% | +6.2% |
| 2001 | 46.6% | +3.8% |
| 2002 | 48.4% | +3.9% |
| 2003 | 50.2% | +3.6% |
| 2004 | 46.3% | -7.7% |
| 2005 | 56.2% | +21.3% |
| 2006 | 49.8% | -11.4% |
| 2007 | 56.6% | +13.6% |
| 2008 | 56.7% | +0.3% |
| 2009 | 51.5% | -9.3% |
| 2010 | 45.6% | -11.4% |
| 2011 | 37.0% | -18.8% |
| 2012 | 34.9% | -5.7% |
| 2013 | 37.5% | +7.3% |
| 2014 | 39.4% | +5.1% |
| 2015 | 41.5% | +5.5% |
| 2016 | 44.7% | +7.5% |
| 2017 | 45.3% | +1.5% |
| 2018 | 47.2% | +4.2% |
| 2019 | 45.1% | -4.5% |
| 2020 | 47.0% | +4.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9.7% | 4.8% | 14.2% | 5 |
| 1980s | 26.3% | 16.0% | 42.4% | 10 |
| 1990s | 40.1% | 35.0% | 47.3% | 10 |
| 2000s | 50.7% | 44.9% | 56.7% | 10 |
| 2010s | 41.8% | 34.9% | 47.2% | 10 |
| 2020s | 47.0% | 47.0% | 47.0% | 1 |
Countries ranked near Tonga
More financial sector data for Tonga
- Net domestic credit (current LCU), per capita 2,704 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 0.4131 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate -5.83 % change on previous year (2025)
- Reserves excluding gold, foreign exchange 278.97 million SDR (2025)
- Reserves excluding gold 301.36 million SDR (2025)
- Total reserves (gold at market value) 301.36 million SDR (2025)
- Total reserves (gold at national valuation) 301.36 million SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 2,905 SDR per person (2025)
- Total reserves (gold at national valuation) (SDR), annual growth rate 4.17 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 2,905 SDR per person (2025)
Frequently asked questions
- What is deposit money banks'' assets to gdp in Tonga?
- Deposit money banks'' assets to gdp in Tonga was 47.0% in 2020, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest deposit money banks'' assets to gdp recorded in Tonga?
- The highest recorded value was 56.7% in 2008.
- What is the lowest deposit money banks'' assets to gdp recorded in Tonga?
- The lowest recorded value was 4.8% in 1975.
- How does Tonga rank for deposit money banks'' assets to gdp?
- Tonga ranks 112th out of 187 countries with data for 2020.
- Is deposit money banks'' assets to gdp rising or falling in Tonga?
- Over the last ten years it is up 3.1%. 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 Deposit money banks'' assets to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Claims on domestic real nonfinancial sector by deposit money banks as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is deposit money bank claims, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Deposit money bank assets (IFS lines 22, a-d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).