Domestic credit to private sector in Tonga
Tonga: Domestic credit to private sector was 34.1% in 2025. ▲ Rising
Domestic credit to private sector in Tonga, 1975–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for domestic credit to private sector in Tonga is 34.1%, measured in 2025.
Compared with earlier readings it is down 2.0% on the previous year and up 0.2% over ten years.
Over the whole period, domestic credit to private sector in Tonga peaked at 55.1% in 2007 and was at its lowest, 2.7%, in 1975.
Tonga ranks 109th 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 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% | -7.3% |
| 2013 | 30.6% | +0.0% |
| 2014 | 31.5% | +2.9% |
| 2015 | 34.0% | +8.1% |
| 2016 | 37.4% | +9.8% |
| 2017 | 38.0% | +1.7% |
| 2018 | 39.3% | +3.4% |
| 2019 | 38.2% | -2.8% |
| 2020 | 37.8% | -1.0% |
| 2021 | 36.4% | -3.8% |
| 2022 | 36.0% | -1.2% |
| 2023 | 35.7% | -0.9% |
| 2024 | 34.8% | -2.4% |
| 2025 | 34.1% | -2.0% |
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 | 35.3% | 30.6% | 39.9% | 10 |
| 2020s | 35.8% | 34.1% | 37.8% | 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 in Tonga?
- Domestic credit to private sector in Tonga was 34.1% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector recorded in Tonga?
- The highest recorded value was 55.1% in 2007.
- What is the lowest domestic credit to private sector recorded in Tonga?
- The lowest recorded value was 2.7% in 1975.
- How does Tonga rank for domestic credit to private sector?
- Tonga ranks 109th out of 187 countries with data for 2025.
- Is domestic credit to private sector rising or falling in Tonga?
- Over the last ten years it is up 0.2%. 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 (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, 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. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. 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.