Tonga: Broad money (% of GDP)

Key figures

What the numbers say

In 2025, Tonga's broad money (% of GDP) fell 1.28 percentage points on 2024 (from 60.99% to 59.7%).

Across the 30 yearly changes before that (1995 to 2024), the average change was +1.15 percentage points and a typical year strayed about 3.38 percentage points from that (the standard deviation). This year's change was 0.7 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 8.99 percentage points in 2021 and the biggest yearly fall was 7.73 percentage points in 1994. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2016 to 2025 the straight-line trend is upward, about 1.03 percentage points a year. A straight line explains 32% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2025, Tonga had the 42nd highest value of the 84 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Tonga in the 2025 ranking

• Armenia — 38th of 84: 61.3%
• Guatemala — 39th of 84: 60.4%
• Maldives — 40th of 84: 60.23%
• Mozambique — 42nd of 84: 59.42%
• Montenegro — 43rd of 84: 58.42%
• Bolivia — 44th of 84: 57.59%

What this measures

Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 37 values

Broad money (% of GDP) in nearby economies

• Australia — 133.12% (2025)
• Brunei Darussalam — 89.15% (2025)
• Cambodia — 124.8% (2025)
• China — 227.67% (2024)
• Fiji — 90.41% (2023)
• Hong Kong SAR, China — 481.01% (2025)
• Indonesia — 42.54% (2025)
• Japan — 246.78% (2025)
• Korea, Rep. — 162.71% (2024)
• Macao SAR, China — 201.21% (2025)
• Malaysia — 120.64% (2025)
• Micronesia, Fed. Sts.

More financial sector data for Tonga

• DEC alternative conversion factor (LCU per US$) — US$2.4 (2025)
• Official exchange rate (LCU per US$, period average) — US$2.41 (2025)
• Domestic credit to private sector by banks (% of GDP) — 33.85% (2025)
• Monetary sector credit to private sector (% of GDP) — 34.11% (2025)
• Consumer price index (2010 = 100) — 174.32 (2025)
• Domestic credit to private sector (% of GDP) — 34.11% (2025)
• Inflation, consumer prices (annual % growth) — 5.59% (2025)
• GDP deflator (base year varies by country) — 150.46 (2025)
• Inflation, GDP deflator (annual % growth) — 2.96% (2025)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Tonga's broad money (% of GDP)?

59.7% in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1989?

It is up 29.22 percentage points from 30.48% in 1989. The highest value was 69.45% in 2021 and the lowest 26.49% in 1994.

How does Tonga rank?

42nd highest of 84 economies with data for 2025.

Is the latest change in broad money (% of GDP) unusual for Tonga?

In 2025, Tonga's broad money (% of GDP) fell 1.28 percentage points on 2024 (from 60.99% to 59.7%). Across the 30 yearly changes before that (1995 to 2024), the average change was +1.15 percentage points and a typical year strayed about 3.38 percentage points from that (the standard deviation). This year's change was 0.7 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator FM.LBL.BMNY.GD.ZS, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF); World Development Indicators Database, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.