Tonga: Private sector credit

* indicates monthly or quarterly data series
The most recent value is 0.32 billion Tongan Pa’anga as of June 2023, no change compared to the previous value of 0.32 billion Tongan Pa’anga. Historically, the average for Tonga from January 2002 to June 2023 is 0.25 billion Tongan Pa’anga. The minimum of 0.11 billion Tongan Pa’anga was recorded in January 2002, while the maximum of 0.35 billion Tongan Pa’anga was reached in January 2019. Click on the following link to see the values of: Private sector credit around the world.
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* indicates monthly or quarterly data series

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  • Measure: billion Tongan Pa’anga
  • Source: National Reserve Bank of Tonga

Recent values Tonga: Private sector credit, billion currency units
2023  Jun 0.32
2023  May 0.32
2023  Apr 0.32
2023  Mar 0.31
2023  Feb 0.31
2023  Jan 0.31
2022  Dec 0.32
2022  Nov 0.32


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Definition: Private sector credit refers to the credit extended by commercial banks and other deposit-taking institutions (excluding central banks) to private non-financial firms and households. Included are all credit institutions: domestic and foreign owned as well as private and public ones.

 Related indicators Latest Reference Measure
 Inflation 6.4 2023 percent
 Exchange rate regimes 6 2021 index points
 USD exchange rate 2.3454 9/2024 Local Currency Units per USD
 Money supply (broad money) 0.67 6/2023 billion
 Consumer Price Index (CPI) 125.7000 Q2/2023 index points
 Inflation, monthly 2.28 Q2/2023 percent
 Inflation, annual 7.34 Q2/2023 percent
 Private sector credit 0.32 6/2023 billion
 Deposit interest rate 3.90 Q2/2023 percent
 Business credit interest rate 6.93 Q2/2023 percent
 Mortgage credit interest rate 8.06 Q2/2023 percent
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