Tonga: Domestic credit to the private sector

* indicates monthly or quarterly data series
 Tonga

Domestic credit to the private sector, percent of GDP

 Latest value 39.20
 Year 2020
 Measure percent
 Data availability 1975 - 2020
 Average 32.88
 Min - Max 2.69 - 55.08
 Source The World Bank
For that indicator, we provide data for Tonga from 1975 to 2020. The average value for Tonga during that period was 32.88 percent with a minimum of 2.69 percent in 1975 and a maximum of 55.08 percent in 2007. The latest value from 2020 is 39.2 percent. For comparison, the world average in 2020 based on 151 countries is 61.27 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


Recent values chart
Tonga - Domestic credit to the private sector - Recent values chart

Historical chart
Tonga - Domestic credit to the private sector - historical chart - 1975-2020




Definition: 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.


 Related indicators Latest value Reference Measure
 ATMs per 100,000 adults 40.51 2018 ATMs per 100,000 adults
 Bank accounts per 1000 adults 761.22 2018 bank accounts
 Bank branches per 100,000 people 33.01 2018 bank branches
 Firms using credit to finance investment 33.90 2009 percent
 Small firms with bank credit 52.90 2009 percent
 Domestic credit to the private sector 39.20 2020 percent
 Bank credit to the private sector 39.63 2022 percent
 Liquid liabilities, percent of GDP 62.65 2020 percent
 Bank assets to GDP 46.99 2020 percent
 Financial system deposits, percent of GDP 54.27 2020 percent
 Bank credit to government 8.18 2020 percent
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