Tonga - Broad money

Broad money (current LCU)

The value for Broad money (current LCU) in Tonga was 707,496,400 as of 2020. As the graph below shows, over the past 31 years this indicator reached a maximum value of 707,496,400 in 2020 and a minimum value of 40,796,000 in 1989.

Definition: Broad money (IFS line 35L..ZK) is the sum of currency outside banks; demand deposits other than those of the central government; the time, savings, and foreign currency deposits of resident sectors other than the central government; bank and traveler’s checks; and other securities such as certificates of deposit and commercial paper.

Source: International Monetary Fund, International Financial Statistics and data files.

Year Value
1989 40,796,000
1990 49,238,000
1991 55,193,000
1992 52,585,000
1993 65,593,000
1994 68,536,000
1995 71,570,000
1996 75,104,000
1997 80,369,000
1998 92,285,360
1999 103,398,600
2000 122,623,900
2001 140,297,100
2002 151,988,700
2003 173,989,900
2004 198,143,500
2005 242,018,400
2006 258,361,600
2007 289,453,900
2008 299,489,500
2009 292,294,800
2010 310,837,700
2011 306,044,400
2012 345,032,100
2013 355,830,600
2014 387,475,100
2015 450,195,800
2016 512,151,400
2017 560,569,900
2018 605,250,100
2019 602,224,400
2020 707,496,400

Broad money (% of GDP)

Broad money (% of GDP) in Tonga was 62.65 as of 2020. Its highest value over the past 31 years was 62.65 in 2020, while its lowest value was 26.49 in 1994.

Definition: Broad money (IFS line 35L..ZK) is the sum of currency outside banks; demand deposits other than those of the central government; the time, savings, and foreign currency deposits of resident sectors other than the central government; bank and traveler’s checks; and other securities such as certificates of deposit and commercial paper.

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

See also:

Year Value
1989 30.48
1990 33.46
1991 32.20
1992 28.48
1993 34.22
1994 26.49
1995 26.96
1996 27.45
1997 29.59
1998 32.30
1999 32.79
2000 36.52
2001 39.58
2002 38.15
2003 39.18
2004 41.99
2005 47.69
2006 44.01
2007 48.42
2008 45.75
2009 44.86
2010 43.93
2011 40.30
2012 43.25
2013 45.54
2014 48.60
2015 53.02
2016 54.92
2017 55.08
2018 56.39
2019 51.74
2020 62.65

Broad money to total reserves ratio

Broad money to total reserves ratio in Tonga was 1.02 as of 2020. Its highest value over the past 31 years was 3.04 in 2000, while its lowest value was 1.02 in 2020.

Definition: Broad money (IFS line 35L..ZK) is the sum of currency outside banks; demand deposits other than those of the central government; the time, savings, and foreign currency deposits of resident sectors other than the central government; bank and traveler’s checks; and other securities such as certificates of deposit and commercial paper.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1989 1.30
1990 1.21
1991 1.32
1992 1.23
1993 1.28
1994 1.46
1995 1.96
1996 1.99
1997 2.31
1998 2.16
1999 2.67
2000 3.04
2001 3.02
2002 2.78
2003 1.99
2004 1.75
2005 2.66
2006 2.68
2007 2.22
2008 2.26
2009 1.46
2010 1.54
2011 1.17
2012 1.34
2013 1.32
2014 1.35
2015 1.48
2016 1.31
2017 1.28
2018 1.28
2019 1.21
2020 1.02

Broad money growth (annual %)

The value for Broad money growth (annual %) in Tonga was 17.48 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 24.74 in 1993 and a minimum value of -4.73 in 1992.

Definition: Broad money (IFS line 35L..ZK) is the sum of currency outside banks; demand deposits other than those of the central government; the time, savings, and foreign currency deposits of resident sectors other than the central government; bank and traveler’s checks; and other securities such as certificates of deposit and commercial paper.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1990 20.69
1991 12.09
1992 -4.73
1993 24.74
1994 4.49
1995 4.43
1996 4.94
1997 7.01
1998 14.83
1999 12.04
2000 18.59
2001 14.41
2002 8.33
2003 14.48
2004 13.88
2005 22.14
2006 6.75
2007 12.03
2008 3.47
2009 -2.40
2010 6.34
2011 -1.54
2012 12.74
2013 3.13
2014 8.89
2015 16.19
2016 13.76
2017 9.45
2018 7.97
2019 -0.50
2020 17.48

Classification

Topic: Financial Sector Indicators

Sub-Topic: Monetary holdings (liabilities)