Tonga: Financial institutions development, access

* indicates monthly or quarterly data series
 Tonga

Financial institutions development, access

 Latest value 0.567
 Year 2021
 Measure index points
 Data availability 1980 - 2021
 Average 0.400
 Min - Max 0.199 - 0.583
 Source International Monetary Fund
 Available for Data download
The latest value from 2021 is 0.567 index points, unchanged from 0.567 index points in 2020. In comparison, the world average is 0.363 index points, based on data from 175 countries. Historically, the average for Tonga from 1980 to 2021 is 0.4 index points. The minimum value, 0.199 index points, was reached in 1980 while the maximum of 0.583 index points was recorded in 2017. See the global rankings for that indicator or use the country comparator to compare trends over time.
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 Recent values Tonga: Financial institutions development, access
 2021 0.567
 2020 0.567
 2019 0.567
 2018 0.567
 2017 0.583
 2016 0.514
 2015 0.484
 2014 0.337




Definition: Measures access to financial services as a principal component of the following two variables: Bank branches per 100,000 adults and ATMs per 100,000 adults. See Svirydzenka, Katsiaryna (IMF, 2016) for more detail.

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 Related indicators Latest Reference Measure
 Financial development 0.235 2021 index points
 Financial institutions development 0.461 2021 index points
 Financial institutions development, depth 0.079 2021 index points
 Financial institutions development, access 0.567 2021 index points
 Financial institutions development, efficiency 0.677 2021 index points
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