Financial Institutions Efficiency Index in Tonga
Tonga: Financial Institutions Efficiency Index was 0.6924 in 2020. β² Rising
Financial Institutions Efficiency Index in Tonga, 1980β2020
Source: International Monetary Fund.
Analysis
In 2020, financial institutions efficiency index in Tonga stood at 0.6924.
The figure is up 67.8% over ten years.
Over the whole period, financial institutions efficiency index in Tonga peaked at 0.7056 in 2016 and was at its lowest, 0.3123, in 1980.
Tonga ranks 28th of 183 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 41 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.4874 | 0.3123 | 0.6623 | 10 |
| 1990s | 0.5812 | 0.5083 | 0.6521 | 10 |
| 2000s | 0.5837 | 0.3319 | 0.6671 | 10 |
| 2010s | 0.6516 | 0.4127 | 0.7056 | 10 |
| 2020s | 0.6924 | 0.6924 | 0.6924 | 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)
- Domestic credit to private sector by banks 33.8% (2025)
- Total reserves in months of imports 10.8 (2024)
- Net domestic credit 280.57 million current LCU (2025)
Frequently asked questions
- What is financial institutions efficiency index in Tonga?
- Financial institutions efficiency index in Tonga was 0.6924 in 2020, according to International Monetary Fund.
- What is the highest financial institutions efficiency index recorded in Tonga?
- The highest recorded value was 0.7056 in 2016.
- What is the lowest financial institutions efficiency index recorded in Tonga?
- The lowest recorded value was 0.3123 in 1980.
- How does Tonga rank for financial institutions efficiency index?
- Tonga ranks 28th out of 183 countries with data for 2020.
- Is financial institutions efficiency index rising or falling in Tonga?
- Over the last ten years it is up 67.8%. 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 Efficiency 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.