Financial soundness indicators in Tonga

Tonga: Financial soundness indicators was 3.4% in 2023. ▼ Falling

Latest (2023)
3.4%
Change on year
up 52.5%
World rank
21st
of 146 countries
All-time high
3.8%
in 2019
All-time low
2.2%
in 2020
Years of data
12
2012–2023

Financial soundness indicators in Tonga, 2012–2023

012342012201720232012: 2.9 %2013: 2.9 %2014: 2.7 %2015: 3 %2016: 3.5 %2017: 3.2 %2018: 3.2 %2019: 3.8 %2020: 2.2 %2021: 2.4 %2022: 2.2 %2023: 3.4 %

Source: International Monetary Fund – processed by Our World in Data. Measured in %.

Analysis

Tonga recorded 3.4% for financial soundness indicators in 2023.

That represents a change of up 52.5% on the previous year and up 16.8% over ten years.

Over the whole period, financial soundness indicators in Tonga peaked at 3.8% in 2019 and was at its lowest, 2.2%, in 2020.

That places Tonga 21st out of 146 countries with data for 2023, putting it in the top quarter.

The long-run direction has been consistently falling across the 12 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2010s 3.1% 2.7% 3.8% 8
2020s 2.6% 2.2% 3.4% 4

Countries ranked near Tonga

  1. 18 Turkey 3.9% compare
  2. 19 Democratic Republic of Congo 3.5% compare
  3. 20 Tanzania 3.5% compare
  4. 22 Eswatini 3.4% compare
  5. 23 Micronesia (country) 3.4% compare
  6. 24 Lesotho 3.4% compare

See the full ranking of 146 places →

More reference data data for Tonga

All data for Tonga →

Frequently asked questions

What is financial soundness indicators in Tonga?
Financial soundness indicators in Tonga was 3.4% in 2023, according to International Monetary Fund – processed by Our World in Data.
What is the highest financial soundness indicators recorded in Tonga?
The highest recorded value was 3.8% in 2019.
What is the lowest financial soundness indicators recorded in Tonga?
The lowest recorded value was 2.2% in 2020.
How does Tonga rank for financial soundness indicators?
Tonga ranks 21st out of 146 countries with data for 2023.
Is financial soundness indicators rising or falling in Tonga?
Over the last ten years it is up 16.8%. The long-run trend across the full record is falling.
Where does this Tonga data come from?
The figures come from International Monetary Fund – processed by Our World in Data, published as part of Financial soundness indicators. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 12 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Financial soundness indicators
Unit
%
Source
International Monetary Fund – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
146 places, 2,107 data points, 2001–2024
Last refreshed

Return on assets (%)