Monetary Sector credit to private sector (% GDP) in Tonga
Tonga: Monetary Sector credit to private sector (% GDP) was 34.1% in 2025. ▲ Rising
Monetary Sector credit to private sector in Tonga, 1975–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % GDP.
Analysis
Tonga recorded 34.1% for monetary sector credit to private sector in 2025.
Compared with earlier readings it is down 2.0% on the previous year and up 0.2% over ten years.
Over the whole period, monetary sector credit to private sector in Tonga peaked at 55.1% in 2007 and was at its lowest, 2.7%, in 1975.
Tonga ranks 104th of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 51 years of available data.
Monetary Sector credit to private sector (% GDP) in Tonga, year by year
| Year | % GDP | Change |
|---|---|---|
| 1975 | 2.7% | — |
| 1976 | 8.5% | +215.8% |
| 1977 | 10.4% | +22.7% |
| 1978 | 10.4% | +0.3% |
| 1979 | 13.7% | +31.5% |
| 1980 | 15.6% | +13.7% |
| 1981 | 18.4% | +17.8% |
| 1982 | 22.2% | +20.7% |
| 1983 | 20.7% | -6.7% |
| 1984 | 21.5% | +3.7% |
| 1985 | 25.4% | +18.4% |
| 1986 | 24.7% | -2.8% |
| 1987 | 29.4% | +19.0% |
| 1988 | 36.2% | +23.1% |
| 1989 | 39.1% | +7.9% |
| 1990 | 37.7% | -3.6% |
| 1991 | 32.1% | -14.8% |
| 1992 | 30.1% | -6.1% |
| 1993 | 31.7% | +5.2% |
| 1994 | 30.3% | -4.3% |
| 1995 | 35.5% | +17.1% |
| 1996 | 35.6% | +0.2% |
| 1997 | 40.4% | +13.5% |
| 1998 | 42.3% | +4.6% |
| 1999 | 37.9% | -10.4% |
| 2000 | 40.5% | +7.0% |
| 2001 | 41.9% | +3.4% |
| 2002 | 44.0% | +5.1% |
| 2003 | 44.6% | +1.3% |
| 2004 | 40.6% | -9.1% |
| 2005 | 52.8% | +30.2% |
| 2006 | 48.2% | -8.7% |
| 2007 | 55.1% | +14.2% |
| 2008 | 52.3% | -5.1% |
| 2009 | 48.0% | -8.2% |
| 2010 | 39.9% | -16.8% |
| 2011 | 33.0% | -17.3% |
| 2012 | 30.6% | -7.3% |
| 2013 | 30.6% | +0.0% |
| 2014 | 31.5% | +2.9% |
| 2015 | 34.0% | +8.1% |
| 2016 | 37.4% | +9.8% |
| 2017 | 38.0% | +1.7% |
| 2018 | 39.3% | +3.4% |
| 2019 | 38.2% | -2.8% |
| 2020 | 37.8% | -1.0% |
| 2021 | 36.4% | -3.8% |
| 2022 | 36.0% | -1.2% |
| 2023 | 35.7% | -0.9% |
| 2024 | 34.8% | -2.4% |
| 2025 | 34.1% | -2.0% |
Tonga compared with similar countries
- Tonga's 34.1% is below the median for upper middle income countries, which is 39.9%, 86% of the median. (55 countries reporting)
- Tonga's 34.1% is below the median for East Asia & Pacific, which is 65.2%, 52% of the median. (26 countries reporting)
Biggest year-on-year movements
Years where Monetary Sector credit to private sector (% GDP) in Tonga changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1976 | +215.8% | 2.7% | 8.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9.2% | 2.7% | 13.7% | 5 |
| 1980s | 25.3% | 15.6% | 39.1% | 10 |
| 1990s | 35.4% | 30.1% | 42.3% | 10 |
| 2000s | 46.8% | 40.5% | 55.1% | 10 |
| 2010s | 35.3% | 30.6% | 39.9% | 10 |
| 2020s | 35.8% | 34.1% | 37.8% | 6 |
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 monetary sector credit to private sector in Tonga?
- Monetary sector credit to private sector in Tonga was 34.1% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest monetary sector credit to private sector recorded in Tonga?
- The highest recorded value was 55.1% in 2007.
- What is the lowest monetary sector credit to private sector recorded in Tonga?
- The lowest recorded value was 2.7% in 1975.
- How does Tonga rank for monetary sector credit to private sector?
- Tonga ranks 104th out of 187 countries with data for 2025.
- Is monetary sector credit to private sector rising or falling in Tonga?
- Over the last ten years it is up 0.2%. The long-run trend across the full record is rising.
- Where does this Tonga data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Monetary Sector credit to private sector (% GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 51 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.