Real interest rate in Tonga

Tonga: Real interest rate was 4.5% in 2025. ◆ Volatile

Latest (2025)
4.5%
Change on year
up 1,087.4%
World rank
79th
of 149 countries
All-time high
11.9%
in 2013
All-time low
-1.2%
in 2022
Years of data
14
2012–2025

Real interest rate in Tonga, 2012–2025

05102012201820252012: 5.4 %2013: 11.9 %2014: 8.6 %2015: 2.9 %2016: 4.8 %2017: 2.2 %2018: 2 %2019: 1.5 %2020: 7.8 %2021: 5.6 %2022: -1.2 %2023: 0.288 %2024: -0.453 %2025: 4.5 %

Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.

Analysis

The most recent figure for real interest rate in Tonga is 4.5%, measured in 2025.

Compared with earlier readings it is up 1,087.4% on the previous year and up 55.0% over ten years.

Over the whole period, real interest rate in Tonga peaked at 11.9% in 2013 and was at its lowest, -1.2%, in 2022.

Tonga ranks 79th of 149 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Real interest rate in Tonga, year by year

Annual values for Real interest rate (%) in Tonga, 2012 to 2025.
Year % Change
2012 5.4% —
2013 11.9% +120.3%
2014 8.6% -27.8%
2015 2.9% -66.5%
2016 4.8% +66.8%
2017 2.2% -54.8%
2018 2.0% -8.2%
2019 1.5% -25.8%
2020 7.8% +429.6%
2021 5.6% -28.5%
2022 -1.2% -121.9%
2023 0.3% -123.4%
2024 -0.5% -257.4%
2025 4.5% -1087.4%

Tonga compared with similar countries

  • Tonga's 4.5% is below the median for upper middle income countries, which is 5.2%, 87% of the median. (49 countries reporting)
  • Tonga's 4.5% is below the median for East Asia & Pacific, which is 5.0%, 90% of the median. (25 countries reporting)

Biggest year-on-year movements

Years where Real interest rate 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.

YearChange FromTo
2025 +1087.4% -0.5% 4.5%

Averages by decade

DecadeAverage LowestHighest Years
2010s 4.9% 1.5% 11.9% 8
2020s 2.8% -1.2% 7.8% 6

Countries ranked near Tonga

  1. 76 Panama 4.6% compare
  2. 77 Ukraine 4.6% compare
  3. 78 Benin 4.6% compare
  4. 80 Norway 4.4% compare
  5. 81 Senegal 4.3% compare
  6. 82 Botswana 4.2% compare

See the full ranking of 149 places →

More financial sector data for Tonga

All data for Tonga →

Frequently asked questions

What is real interest rate in Tonga?
Real interest rate in Tonga was 4.5% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest real interest rate recorded in Tonga?
The highest recorded value was 11.9% in 2013.
What is the lowest real interest rate recorded in Tonga?
The lowest recorded value was -1.2% in 2022.
How does Tonga rank for real interest rate?
Tonga ranks 79th out of 149 countries with data for 2025.
Is real interest rate rising or falling in Tonga?
Over the last ten years it is up 55.0%. The long-run trend across the full record is volatile.
Where does this Tonga data come from?
The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Real interest rate (%). Statizoid updates them automatically from the source API.

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Real interest rate in Tonga. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 25 September 2026, from https://financial-sector.statizoid.com/stat/real-interest-rate-percent/tonga/

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About this data

Indicator
Real interest rate (%)
Unit
%
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
149 places, 4,773 data points, 1961–2025
Last refreshed

An interest rate is the amount charged, expressed as a percentage of the principal over a period of time, by the owners of certain kinds of financial assets for putting the financial assets at the disposal of another institutional unit. The real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.