Tonga: Real interest rate

* indicates monthly or quarterly data series

Real interest rate: Bank lending rate minus inflation

 Latest value 9.9
 Reference 2021
 Measure percent
 Source The International Monetary Fund

For that indicator, we provide data for Tonga from 2012 to 2021. The average value for Tonga during that period was 6.14 percent with a minimum of 0.34 percent in 2019 and a maximum of 12.55 percent in 2020. The latest value from 2021 is 9.9 percent. For comparison, the world average in 2021 based on 102 countries is 2.09 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

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Definition: 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.
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