Financial system deposits to GDP in Tonga
Tonga: Financial system deposits to GDP was 54.3% in 2020. β² Rising
Financial system deposits to GDP in Tonga, 1975β2020
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Tonga recorded 54.3% for financial system deposits to gdp in 2020. That is the highest value across all 46 years on record.
Compared with earlier readings it is up 17.8% on the previous year and up 36.0% over ten years.
Over the whole period, financial system deposits to gdp in Tonga peaked at 54.3% in 2020 and was at its lowest, 15.2%, in 1975.
Tonga ranks 101st of 184 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 46 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 22.0% | 15.2% | 26.3% | 5 |
| 1980s | 25.6% | 21.7% | 29.4% | 10 |
| 1990s | 27.1% | 23.6% | 30.1% | 10 |
| 2000s | 38.9% | 33.6% | 44.7% | 10 |
| 2010s | 43.8% | 36.3% | 49.6% | 10 |
| 2020s | 54.3% | 54.3% | 54.3% | 1 |
Countries ranked near Tonga
More financial sector data for Tonga
- 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)
- Net foreign assets 925.39 million current LCU (2025)
- Monetary Sector credit to private sector 34.1% (2025)
- Broad money 59.7% (2025)
- Claims on central government, etc. -20.9% (2025)
- Domestic credit to private sector 34.1% (2025)
- Official exchange rate 2.41 LCU per US$, period average (2025)
- Net migration -2,150 (2025)
Frequently asked questions
- What is financial system deposits to gdp in Tonga?
- Financial system deposits to gdp in Tonga was 54.3% in 2020, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest financial system deposits to gdp recorded in Tonga?
- The highest recorded value was 54.3% in 2020.
- What is the lowest financial system deposits to gdp recorded in Tonga?
- The lowest recorded value was 15.2% in 1975.
- How does Tonga rank for financial system deposits to gdp?
- Tonga ranks 101st out of 184 countries with data for 2020.
- Is financial system deposits to gdp rising or falling in Tonga?
- Over the last ten years it is up 36.0%. The long-run trend across the full record is rising.
- Where does this Tonga data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Financial system deposits to GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 46 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Demand, time and saving deposits in deposit money banks and other financial institutions as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is demand and time and saving deposits, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMFβs International Financial Statistics. Financial system deposits (IFS lines 24, 25, 44, and 45); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).