Tonga - 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

Aggregation method: Weighted average

Periodicity: Annual

General Comments: The derivation of this indicator was simplified in September 2012 to be current-year broad money divided by current-year GDP times 100.

Classification

Topic: Financial Sector Indicators

Sub-Topic: Monetary holdings (liabilities)