Total Credit — Value Standard Local Currency in Tonga

Tonga: Total Credit — Value Standard Local Currency was 543.12 million SLC in 2024. ◆ Volatile

Latest (2024)
543.12 million SLC
Change on year
up 9.1%
World rank
172nd
of 174 countries
All-time high
543.12 million SLC
in 2024
All-time low
78.2 million SLC
in 1992
Years of data
34
1991–2024

Total Credit — Value Standard Local Currency in Tonga, 1991–2024

1002003004005001991200720241991: 81.2 million SLC1992: 78.2 million SLC1993: 83.4 million SLC1994: 78.4 million SLC1995: 94.3 million SLC1996: 97.4 million SLC1997: 109.8 million SLC1998: 120.8 million SLC1999: 119.4 million SLC2000: 136 million SLC2001: 148.5 million SLC2002: 175.4 million SLC2003: 198.1 million SLC2004: 191.5 million SLC2005: 268.1 million SLC2006: 283.1 million SLC2007: 329.3 million SLC2008: 342.2 million SLC2009: 312.8 million SLC2010: 282.5 million SLC2011: 250.7 million SLC2012: 221.2 million SLC2013: 239.7 million SLC2014: 251.7 million SLC2015: 289.4 million SLC2016: 348.9 million SLC2017: 386.6 million SLC2018: 425.5 million SLC2019: 439.3 million SLC2020: 442.6 million SLC2021: 430.6 million SLC2022: 454.7 million SLC2023: 497.7 million SLC2024: 543.1 million SLC

Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.

Analysis

In 2024, total credit — value standard local currency in Tonga stood at 543.12 million SLC. That is the highest value across all 34 years on record.

Compared with earlier readings it is up 9.1% on the previous year and up 115.8% over ten years.

Over the whole period, total credit — value standard local currency in Tonga peaked at 543.12 million SLC in 2024 and was at its lowest, 78.2 million SLC, in 1992.

Tonga ranks 172nd of 174 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 95.87 million SLC 78.2 million SLC 120.78 million SLC 9
2000s 238.49 million SLC 136.02 million SLC 342.23 million SLC 10
2010s 313.56 million SLC 221.24 million SLC 439.29 million SLC 10
2020s 473.75 million SLC 430.58 million SLC 543.12 million SLC 5

Countries ranked near Tonga

  1. 169 Saint Vincent and the Grenadines 1,442 million SLC compare
  2. 170 Dominica 1,170 million SLC compare
  3. 171 Anguilla 765.58 million SLC compare
  4. 173 Timor-Leste 439.9 million SLC compare
  5. 174 Montserrat 105.4 million SLC compare

See the full ranking of 177 places →

More agriculture & rural data for Tonga

All data for Tonga →

Frequently asked questions

What is total credit — value standard local currency in Tonga?
Total credit — value standard local currency in Tonga was 543.12 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest total credit — value standard local currency recorded in Tonga?
The highest recorded value was 543.12 million SLC in 2024.
What is the lowest total credit — value standard local currency recorded in Tonga?
The lowest recorded value was 78.2 million SLC in 1992.
How does Tonga rank for total credit — value standard local currency?
Tonga ranks 172nd out of 174 countries with data for 2024.
Is total credit — value standard local currency rising or falling in Tonga?
Over the last ten years it is up 115.8%. The long-run trend across the full record is volatile.
Where does this Tonga data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Credit — Value Standard Local Currency. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 34 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).

About this data

Indicator
Total Credit — Value Standard Local Currency
Unit
million SLC
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
177 places, 4,557 data points, 1991–2024
Last refreshed

Credit to agriculture measures the amount of loans and advances given by the banking sector to farmers, rural households, agricultural cooperatives, or any other agri-related businesses. Each country’s central bank compiles its credit stocks by economic activities as part of its monetary and financial statistics publications via annual or quarterly reports online. Data collection has been carried out mostly through reports found on the central bank websites. Data are collected and compiled according to the International Standard Industrial Classification of All Economic Activities (ISIC Rev. 4: https://unstats.un.org/unsd/classifications/Econ/isic) with a special concentration on the credit to agriculture, forestry and fishing sector separately from the ones to manufacturing and services.