Financial Development Index in Tonga
Tonga: Financial Development Index was 0.2279 in 2020. β² Rising
Financial Development Index in Tonga, 1980β2020
Source: International Monetary Fund.
Analysis
In 2020, financial development index in Tonga stood at 0.2279.
Compared with earlier readings it is up 0.3% on the previous year and up 51.1% over ten years.
Over the whole period, financial development index in Tonga peaked at 0.2328 in 2017 and was at its lowest, 0.0855, in 1980.
That places Tonga 100th out of 183 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 41 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.1397 | 0.0855 | 0.2033 | 10 |
| 1990s | 0.1762 | 0.1619 | 0.199 | 10 |
| 2000s | 0.1773 | 0.1517 | 0.1963 | 10 |
| 2010s | 0.197 | 0.1508 | 0.2328 | 10 |
| 2020s | 0.2279 | 0.2279 | 0.2279 | 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 financial development index in Tonga?
- Financial development index in Tonga was 0.2279 in 2020, according to International Monetary Fund.
- What is the highest financial development index recorded in Tonga?
- The highest recorded value was 0.2328 in 2017.
- What is the lowest financial development index recorded in Tonga?
- The lowest recorded value was 0.0855 in 1980.
- How does Tonga rank for financial development index?
- Tonga ranks 100th out of 183 countries with data for 2020.
- Is financial development index rising or falling in Tonga?
- Over the last ten years it is up 51.1%. The long-run trend across the full record is rising.
- Where does this Tonga data come from?
- The figures come from International Monetary Fund, published as part of Financial Development Index. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 41 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.