Tonga: Financial freedom

* indicates monthly or quarterly data series
 Tonga

Financial freedom index (0-100)

 Latest value 20
 Year 2024
 Measure points
 Data availability 2009 - 2024
 Average 20
 Min - Max 20 - 20
 Source The Heritage Foundation
For that indicator, we provide data for Tonga from 2009 to 2024. The average value for Tonga during that period was 20 points with a minimum of 20 points in 2009 and a maximum of 20 points in 2009. The latest value from 2024 is 20 points. For comparison, the world average in 2024 based on 175 countries is 49 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 freedom - Recent values chart

Historical chart
Tonga - Financial freedom - historical chart - 2009-2024




The Financial Freedom index for Tonga from The Heritage Foundation measures the efficiency of the banking system and the interventions of the government into the financial system. A higher score means more efficient banking institutions and less government intervention.
Definition: The Financial freedom index evaluates: the extent of government regulation of financial services, the degree of state intervention in banks and other financial firms through direct and indirect ownership, the extent of financial and capital market development, government influence on the allocation of credit and openness to foreign competition. Higher index values denote banking efficiency and independence from government control and interference in the financial sector.

Related articles

Types of financial institutions



 Related indicators Latest value Reference Measure
 Property rights 63 2024 points
 Freedom from corruption 45 2024 points
 Fiscal freedom 96 2024 points
 Business freedom 60 2024 points
 Labor freedom 56 2024 points
 Monetary freedom 64.40 2024 points
 Trade freedom 72 2024 points
 Investment freedom 40 2024 points
 Financial freedom 20 2024 points
 Economic freedom, overall index 59 2024 index points
This site uses cookies.
Learn more here


OK