Tonga - Domestic credit to private sector

Domestic credit to private sector by banks (% of GDP)

Domestic credit to private sector by banks (% of GDP) in Tonga was 38.82 as of 2020. Its highest value over the past 45 years was 55.08 in 2007, while its lowest value was 2.69 in 1975.

Definition: Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.

Source: International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.

See also:

1975
1980
1985
1990
1995
2000
2005
2010
2015
2020
0.00
10.00
20.00
30.00
40.00
50.00
60.00
70.00
Year Value
1975 2.69
1976 8.50
1977 10.42
1978 10.45
1979 13.73
1980 15.62
1981 18.40
1982 22.20
1983 20.71
1984 21.48
1985 25.44
1986 24.72
1987 29.43
1988 36.24
1989 39.08
1990 37.69
1991 32.09
1992 30.12
1993 31.69
1994 30.32
1995 35.51
1996 35.59
1997 40.41
1998 42.27
1999 37.86
2000 40.51
2001 41.88
2002 44.03
2003 44.62
2004 40.58
2005 52.83
2006 48.23
2007 55.08
2008 52.27
2009 48.01
2010 39.93
2011 32.97
2012 30.60
2013 30.67
2014 31.46
2015 33.90
2016 37.23
2017 37.84
2018 39.44
2019 37.39
2020 38.82

Domestic credit to private sector (% of GDP)

Domestic credit to private sector (% of GDP) in Tonga was 39.20 as of 2020. Its highest value over the past 45 years was 55.08 in 2007, while its lowest value was 2.69 in 1975.

Definition: Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies.

Source: International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.

See also:

1975
1980
1985
1990
1995
2000
2005
2010
2015
2020
0.00
10.00
20.00
30.00
40.00
50.00
60.00
70.00
Year Value
1975 2.69
1976 8.50
1977 10.42
1978 10.45
1979 13.73
1980 15.62
1981 18.40
1982 22.20
1983 20.71
1984 21.48
1985 25.44
1986 24.72
1987 29.43
1988 36.24
1989 39.08
1990 37.69
1991 32.09
1992 30.12
1993 31.69
1994 30.32
1995 35.51
1996 35.59
1997 40.41
1998 42.27
1999 37.86
2000 40.51
2001 41.88
2002 44.03
2003 44.62
2004 40.58
2005 52.83
2006 48.23
2007 55.08
2008 52.27
2009 48.01
2010 39.93
2011 32.97
2012 30.62
2013 30.68
2014 31.58
2015 34.08
2016 37.41
2017 37.99
2018 39.65
2019 37.74
2020 39.20

Classification

Topic: Financial Sector Indicators

Sub-Topic: Assets