Tonga: Mortgage credit interest rate

* indicates monthly or quarterly data series
 Tonga

Mortgage credit interest rate, percent

 Latest value 8.13
 Reference Q4 2022
 Measure percent
 Data availability Q1 2003 - Q4 2022
 Average 9.45
 Min - Max 8.02 - 12.17
 Source National Reserve Bank of Tonga
For that indicator, we provide data for Tonga from Q1 2003 to Q4 2022. The average value for Tonga during that period was 9.45 percent with a minimum of 8.02 percent in Q2 2020 and a maximum of 12.17 percent in Q1 2009. Click on the following link to see the values of Mortgage credit interest rate, percent around the world.
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* indicates monthly or quarterly data series


Recent values chart
Tonga - Mortgage credit interest rate - recent values

Historical chart
Tonga - Mortgage credit interest rate - historical chart - 2003-2022
Measure: percent
Source: National Reserve Bank of Tonga


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Definition: The mortgage credit interest rate is the average interest rate on mortgage loan products offered to individuals and households by the commercial banks in the country. The mortgage credit is a loan used to finance the purchase of real estate.

 Related indicators Latest value Reference Measure
 Inflation 11.0 2022 percent
 Money supply (broad money) 0.67 9/2022 billion
 Consumer Price Index (CPI) 120.8000 Q3/2022 index points
 Inflation, monthly 3.16 Q3/2022 percent
 Inflation, annual 14.07 Q3/2022 percent
 Private sector credit 0.32 9/2022 billion
 Deposit interest rate 3.49 Q3/2022 percent
 Business credit interest rate 7.43 Q3/2022 percent
 Mortgage credit interest rate 8.12 Q3/2022 percent
 USD exchange rate 2.3907 9/2023 Local Currency Units per USD
 Exchange rate regimes 6 2021 index points
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