Domestic credit to private sector by banks in Tonga
Tonga: Domestic credit to private sector by banks was 33.8% in 2025. ▲ Rising
Domestic credit to private sector by banks in Tonga, 1975–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2025, domestic credit to private sector by banks in Tonga stood at 33.8%.
The figure is down 1.9% on the previous year and down 0.0% over ten years.
Over the whole period, domestic credit to private sector by banks in Tonga peaked at 55.1% in 2007 and was at its lowest, 2.7%, in 1975.
Tonga ranks 105th of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 51 years of available data.
Domestic credit to private sector by banks in Tonga, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1975 | 2.7% | — |
| 1976 | 8.5% | +215.8% |
| 1977 | 10.4% | +22.7% |
| 1978 | 10.4% | +0.3% |
| 1979 | 13.7% | +31.5% |
| 1980 | 15.6% | +13.7% |
| 1981 | 18.4% | +17.8% |
| 1982 | 22.2% | +20.7% |
| 1983 | 20.7% | -6.7% |
| 1984 | 21.5% | +3.7% |
| 1985 | 25.4% | +18.4% |
| 1986 | 24.7% | -2.8% |
| 1987 | 29.4% | +19.0% |
| 1988 | 36.2% | +23.1% |
| 1989 | 39.1% | +7.9% |
| 1990 | 37.7% | -3.6% |
| 1991 | 32.1% | -14.8% |
| 1992 | 30.1% | -6.1% |
| 1993 | 31.7% | +5.2% |
| 1994 | 30.3% | -4.3% |
| 1995 | 35.5% | +17.1% |
| 1996 | 35.6% | +0.2% |
| 1997 | 40.4% | +13.5% |
| 1998 | 42.3% | +4.6% |
| 1999 | 37.9% | -10.4% |
| 2000 | 40.5% | +7.0% |
| 2001 | 41.9% | +3.4% |
| 2002 | 44.0% | +5.1% |
| 2003 | 44.6% | +1.3% |
| 2004 | 40.6% | -9.1% |
| 2005 | 52.8% | +30.2% |
| 2006 | 48.2% | -8.7% |
| 2007 | 55.1% | +14.2% |
| 2008 | 52.3% | -5.1% |
| 2009 | 48.0% | -8.2% |
| 2010 | 39.9% | -16.8% |
| 2011 | 33.0% | -17.3% |
| 2012 | 30.6% | -7.4% |
| 2013 | 30.6% | +0.1% |
| 2014 | 31.4% | +2.6% |
| 2015 | 33.9% | +7.9% |
| 2016 | 37.2% | +9.9% |
| 2017 | 37.9% | +1.8% |
| 2018 | 39.1% | +3.2% |
| 2019 | 37.9% | -3.2% |
| 2020 | 37.5% | -1.0% |
| 2021 | 36.0% | -3.8% |
| 2022 | 35.6% | -1.1% |
| 2023 | 35.3% | -0.9% |
| 2024 | 34.5% | -2.3% |
| 2025 | 33.8% | -1.9% |
Tonga compared with similar countries
- Tonga's 33.8% is below the median for upper middle income countries, which is 39.8%, 85% of the median. (55 countries reporting)
- Tonga's 33.8% is below the median for East Asia & Pacific, which is 65.2%, 52% of the median. (26 countries reporting)
Biggest year-on-year movements
Years where Domestic credit to private sector by banks 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 | +215.8% | 2.7% | 8.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9.2% | 2.7% | 13.7% | 5 |
| 1980s | 25.3% | 15.6% | 39.1% | 10 |
| 1990s | 35.4% | 30.1% | 42.3% | 10 |
| 2000s | 46.8% | 40.5% | 55.1% | 10 |
| 2010s | 35.1% | 30.6% | 39.9% | 10 |
| 2020s | 35.5% | 33.8% | 37.5% | 6 |
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 domestic credit to private sector by banks in Tonga?
- Domestic credit to private sector by banks in Tonga was 33.8% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector by banks recorded in Tonga?
- The highest recorded value was 55.1% in 2007.
- What is the lowest domestic credit to private sector by banks recorded in Tonga?
- The lowest recorded value was 2.7% in 1975.
- How does Tonga rank for domestic credit to private sector by banks?
- Tonga ranks 105th out of 187 countries with data for 2025.
- Is domestic credit to private sector by banks rising or falling in Tonga?
- Over the last ten years it is down 0.0%. The long-run trend across the full record is rising.
- Where does this Tonga data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Domestic credit to private sector by banks (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 51 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), 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. 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.