Total Credit — Value Standard Local Currency in Tonga
Tonga: Total Credit — Value Standard Local Currency was 543.12 million SLC in 2024. ◆ Volatile
Total Credit — Value Standard Local Currency in Tonga, 1991–2024
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 164th of 165 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Total Credit — Value Standard Local Currency in Tonga, year by year
| Year | million SLC | Change |
|---|---|---|
| 1991 | 81.2 million SLC | — |
| 1992 | 78.2 million SLC | -3.7% |
| 1993 | 83.41 million SLC | +6.7% |
| 1994 | 78.45 million SLC | -6.0% |
| 1995 | 94.25 million SLC | +20.1% |
| 1996 | 97.38 million SLC | +3.3% |
| 1997 | 109.76 million SLC | +12.7% |
| 1998 | 120.78 million SLC | +10.0% |
| 1999 | 119.36 million SLC | -1.2% |
| 2000 | 136.02 million SLC | +14.0% |
| 2001 | 148.46 million SLC | +9.1% |
| 2002 | 175.41 million SLC | +18.2% |
| 2003 | 198.11 million SLC | +12.9% |
| 2004 | 191.45 million SLC | -3.4% |
| 2005 | 268.08 million SLC | +40.0% |
| 2006 | 283.14 million SLC | +5.6% |
| 2007 | 329.26 million SLC | +16.3% |
| 2008 | 342.23 million SLC | +3.9% |
| 2009 | 312.77 million SLC | -8.6% |
| 2010 | 282.48 million SLC | -9.7% |
| 2011 | 250.66 million SLC | -11.3% |
| 2012 | 221.24 million SLC | -11.7% |
| 2013 | 239.73 million SLC | +8.4% |
| 2014 | 251.72 million SLC | +5.0% |
| 2015 | 289.42 million SLC | +15.0% |
| 2016 | 348.92 million SLC | +20.6% |
| 2017 | 386.62 million SLC | +10.8% |
| 2018 | 425.5 million SLC | +10.1% |
| 2019 | 439.29 million SLC | +3.2% |
| 2020 | 442.62 million SLC | +0.8% |
| 2021 | 430.58 million SLC | -2.7% |
| 2022 | 454.7 million SLC | +5.6% |
| 2023 | 497.72 million SLC | +9.5% |
| 2024 | 543.12 million SLC | +9.1% |
Tonga compared with similar countries
- Tonga's 543.12 million SLC is below the median for upper middle income countries, which is 484,171 million SLC, 0% of the median. (47 countries reporting)
- Tonga's 543.12 million SLC is below the median for East Asia & Pacific, which is 1.16 million million SLC, 0% of the median. (17 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
- 161 Saint Vincent and the Grenadines 1,442 million SLC compare
- 162 Dominica 1,170 million SLC compare
- 163 Anguilla 765.58 million SLC compare
- 165 Montserrat 105.4 million SLC compare
More agriculture & rural data for Tonga
- Agriculture, forestry, and fishing, value added (current US$), annual 7.27 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current US$), per 0.1857 current US$ per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (current US$), per 1,154 current US$ per person (2024)
- Rural population, annual growth rate -0.4224 % change on previous year (2025)
- Rural population, per unit of GDP 0.0001 units per US$ of GDP (2025)
- Rural population, per capita 0.7884 units per person (2025)
- Share of GDP from agriculture 18.6% (2024)
- Agriculture as a share of GDP vs. GDP per capita 18.6% (2024)
- Agricultural raw materials exports 0.6% (2023)
- Agricultural raw materials imports 1.7% (2023)
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 164th out of 165 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
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.