Tonga: Lending-deposit interest rate spread

The latest value from 2020 is 5.76 interest rate points, a decline from 5.78 interest rate points in 2019. In comparison, the world average is 6.59 interest rate points, based on data from 93 countries. Historically, the average for Tonga from 2012 to 2020 is 5.64 interest rate points. The minimum value, 4.79 interest rate points, was reached in 2016 while the maximum of 6.81 interest rate points was recorded in 2012. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: Difference between the lending rate and the deposit rate. The lending rate is the rate charged by banks on loans to the private sector and the deposit interest rate is the rate offered by commercial banks on three-month deposits.