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.
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* indicates monthly or quarterly data series
- 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 |