Liquid liabilities to GDP in Tonga
Tonga: Liquid liabilities to GDP was 62.7% in 2020. ▲ Rising
Liquid liabilities to GDP in Tonga, 1989–2020
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Tonga recorded 62.7% for liquid liabilities to gdp in 2020. That is the highest value across all 32 years on record.
The figure is up 21.1% on the previous year and up 42.6% over ten years.
Over the whole period, liquid liabilities to gdp in Tonga peaked at 62.7% in 2020 and was at its lowest, 26.5%, in 1994.
Tonga ranks 98th of 184 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 32 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 30.5% | 30.5% | 30.5% | 1 |
| 1990s | 30.4% | 26.5% | 34.2% | 10 |
| 2000s | 42.4% | 36.5% | 48.4% | 10 |
| 2010s | 49.3% | 40.3% | 56.4% | 10 |
| 2020s | 62.7% | 62.7% | 62.7% | 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 liquid liabilities to gdp in Tonga?
- Liquid liabilities to gdp in Tonga was 62.7% in 2020, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest liquid liabilities to gdp recorded in Tonga?
- The highest recorded value was 62.7% in 2020.
- What is the lowest liquid liabilities to gdp recorded in Tonga?
- The lowest recorded value was 26.5% in 1994.
- How does Tonga rank for liquid liabilities to gdp?
- Tonga ranks 98th out of 184 countries with data for 2020.
- Is liquid liabilities to gdp rising or falling in Tonga?
- Over the last ten years it is up 42.6%. 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 Liquid liabilities to GDP (%). Statizoid updates them automatically from the source API.
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CSV · JSON — 32 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Ratio of liquid liabilities to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is liquid liabilities, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF's International Financial Statistics. Liquid liabilities (IFS lines 55L or, if not available, line 35L); 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) For Eurocurrency area countries liquid liabilities are estimated by summing IFS items 34A, 34B and 35.