Financial Institutions Depth Index in Tonga
Tonga: Financial Institutions Depth Index was 0.0736 in 2020. ▲ Rising
Financial Institutions Depth Index in Tonga, 1980–2020
Source: International Monetary Fund.
Analysis
In 2020, financial institutions depth index in Tonga stood at 0.0736.
That represents a change of up 3.8% on the previous year and down 2.8% over ten years.
Over the whole period, financial institutions depth index in Tonga peaked at 0.1044 in 2007 and was at its lowest, 0.0222, in 1980.
Tonga ranks 142nd of 183 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 41 years of available data.
Financial Institutions Depth Index in Tonga, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.0222 | — |
| 1981 | 0.0275 | +24.0% |
| 1982 | 0.0332 | +20.8% |
| 1983 | 0.031 | -6.8% |
| 1984 | 0.0322 | +3.8% |
| 1985 | 0.0381 | +18.4% |
| 1986 | 0.037 | -2.8% |
| 1987 | 0.0441 | +19.0% |
| 1988 | 0.0543 | +23.1% |
| 1989 | 0.058 | +6.9% |
| 1990 | 0.0565 | -2.6% |
| 1991 | 0.0479 | -15.3% |
| 1992 | 0.045 | -5.9% |
| 1993 | 0.0458 | +1.7% |
| 1994 | 0.0575 | +25.5% |
| 1995 | 0.0673 | +17.1% |
| 1996 | 0.0675 | +0.2% |
| 1997 | 0.0766 | +13.5% |
| 1998 | 0.0801 | +4.6% |
| 1999 | 0.0726 | -9.4% |
| 2000 | 0.0775 | +6.8% |
| 2001 | 0.0794 | +2.4% |
| 2002 | 0.0834 | +5.0% |
| 2003 | 0.0846 | +1.3% |
| 2004 | 0.0769 | -9.1% |
| 2005 | 0.1001 | +30.2% |
| 2006 | 0.0914 | -8.7% |
| 2007 | 0.1044 | +14.2% |
| 2008 | 0.0991 | -5.1% |
| 2009 | 0.091 | -8.2% |
| 2010 | 0.0757 | -16.8% |
| 2011 | 0.0625 | -17.4% |
| 2012 | 0.058 | -7.2% |
| 2013 | 0.0581 | +0.2% |
| 2014 | 0.0596 | +2.6% |
| 2015 | 0.0642 | +7.8% |
| 2016 | 0.0705 | +9.8% |
| 2017 | 0.0717 | +1.7% |
| 2018 | 0.0747 | +4.2% |
| 2019 | 0.0709 | -5.2% |
| 2020 | 0.0736 | +3.8% |
Tonga compared with similar countries
- Tonga's 0.0736 is below the median for upper middle income countries, which is 0.1919, 38% of the median. (54 countries reporting)
- Tonga's 0.0736 is below the median for East Asia & Pacific, which is 0.1571, 47% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0378 | 0.0222 | 0.058 | 10 |
| 1990s | 0.0617 | 0.045 | 0.0801 | 10 |
| 2000s | 0.0888 | 0.0769 | 0.1044 | 10 |
| 2010s | 0.0666 | 0.058 | 0.0757 | 10 |
| 2020s | 0.0736 | 0.0736 | 0.0736 | 1 |
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 financial institutions depth index in Tonga?
- Financial institutions depth index in Tonga was 0.0736 in 2020, according to International Monetary Fund.
- What is the highest financial institutions depth index recorded in Tonga?
- The highest recorded value was 0.1044 in 2007.
- What is the lowest financial institutions depth index recorded in Tonga?
- The lowest recorded value was 0.0222 in 1980.
- How does Tonga rank for financial institutions depth index?
- Tonga ranks 142nd out of 183 countries with data for 2020.
- Is financial institutions depth index rising or falling in Tonga?
- Over the last ten years it is down 2.8%. 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 Institutions Depth Index. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 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.