Tonga: Financial institutions development, access

* indicates monthly or quarterly data series
 Tonga

Financial institutions development, access

 Latest value 0.567
 Year 2021
 Measure index points
 Data availability 1980 - 2021
 Average 0.400
 Min - Max 0.199 - 0.583
 Source International Monetary Fund
For that indicator, we provide data for Tonga from 1980 to 2021. The average value for Tonga during that period was 0.4 index points with a minimum of 0.199 index points in 1980 and a maximum of 0.583 index points in 2017. The latest value from 2021 is 0.567 index points. For comparison, the world average in 2021 based on 175 countries is 0.363 index points. 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 - Financial institutions development, access - Recent values chart

Historical chart
Tonga - Financial institutions development, access - historical chart - 1980-2021




Definition: Measures access to financial services as a principal component of the following two variables: Bank branches per 100,000 adults and ATMs per 100,000 adults. See Svirydzenka, Katsiaryna (IMF, 2016) for more detail.


 Related indicators Latest value Reference Measure
 Financial development 0.235 2021 index points
 Financial institutions development 0.461 2021 index points
 Financial institutions development, depth 0.079 2021 index points
 Financial institutions development, access 0.567 2021 index points
 Financial institutions development, efficiency 0.677 2021 index points
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