Tonga: Real interest rate

* indicates monthly or quarterly data series
 Tonga

Real interest rate: Bank lending rate minus inflation

 Latest value 4.47
 Year 2025
 Measure percent
 Data availability 2012 - 2025
 Average 3.99
 Min - Max -1.23 - 11.92
 Source The International Monetary Fund
 Available for Data download
The latest value from 2025 is 4.47 percent, an increase from -0.45 percent in 2024. In comparison, the world average is 5.78 percent, based on data from 64 countries. Historically, the average for Tonga from 2012 to 2025 is 3.99 percent. The minimum value, -1.23 percent, was reached in 2022 while the maximum of 11.92 percent was recorded in 2013. See the global rankings for that indicator or use the country comparator to compare trends over time.
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 Recent values Tonga: Real interest rate
 2025 4.47
 2024 -0.45
 2023 0.29
 2022 -1.23
 2021 5.60
 2020 7.84
 2019 1.48
 2018 2.00




Definition: An interest rate is the amount charged, expressed as a percentage of the principal over a period of time, by the owners of certain kinds of financial assets for putting the financial assets at the disposal of another institutional unit. The real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.

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 Related indicators Latest Reference Measure
 Lending-deposit interest rate spread 5.76 2020 interest rate points
 Non-performing loans 13.47 2025 percent
 Bank credit to deposits 71.53 2020 percent
 Regulatory capital to risk-weighted assets 30.54 2020 percent
 Banking system capital to assets 22.06 2020 percent
 Lending interest rate 7.56 2025 percent
 Real interest rate 4.47 2025 percent
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