Tonga: Financial institutions development, efficiency

* indicates monthly or quarterly data series
 Tonga

Financial institutions development, efficiency

 Latest value 0.677
 Year 2021
 Measure index points
 Data availability 1980 - 2021
 Average 0.565
 Min - Max 0.304 - 0.691
 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 0.565 index points with a minimum of 0.304 index points in 1980 and a maximum of 0.691 index points in 2016. The latest value from 2021 is 0.677 index points. For comparison, the world average in 2021 based on 178 countries is 0.585 index points. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent values chart
Tonga - Financial institutions development, efficiency - Recent values chart

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




Definition: Measures the efficiency of financial institutions. Constructed using the Principal Component methodology using the following variables: Net interest margin, Lending-deposits spread, Non-interest income to total income, Overhead costs to total assets, Return on assets, and Return on equity. 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
This site uses cookies.
Learn more here


OK