Real interest rate — all countries

Real interest rate — Tonga

Real interest rate in Tonga in 2025 — 4.47%. Ranked 37 in the world out of 67. Since 2012, the indicator has fallen by 0.94 pp.

2025 4.47% +4.93 pp vs 2024
World rank 37of 67
Period maximum 11.92%2013
Period minimum -1.23%2022

Trend over time

2012–2025 · % per annum

Real interest rate — Tonga, 2012–2025-5051015201220142016201820202022202420252012: 5.41%2013: 11.92%2014: 8.6%2015: 2.88%2016: 4.81%2017: 2.18%2018: 2%2019: 1.48%2020: 7.84%2021: 5.6%2022: -1.23%2023: 0.29%2024: -0.45%2025: 4.47%
Change over the period: −0.94 pp Annual average: -0.07 pp
Real interest rate — Tonga, by year Tonga All countries CSV XLSX
Year % Change, pp
2025 4.47 +4.93 pp
2024 -0.45 −0.74 pp
2023 0.29 +1.51 pp
2022 -1.23 −6.83 pp
2021 5.6 −2.24 pp
2020 7.84 +6.36 pp
2019 1.48 −0.52 pp
2018 2 −0.18 pp
2017 2.18 −2.64 pp
2016 4.81 +1.93 pp
2015 2.88 −5.71 pp
2014 8.6 −3.32 pp
2013 11.92 +6.51 pp
2012 5.41

Polynesia, 2025

The same indicator for neighboring countries — with links to their pages

TO Tonga 4.47 WS Samoa 2.09

About the indicator

The lending interest rate adjusted for inflation by the GDP deflator. It shows the real cost of borrowed funds for the economy. Negative values mean that inflation erodes debt faster than interest accrues on it — a situation that favors borrowers and works against lenders and depositors.

Important: There are no aggregates for country groups: a weight by the volume of credit is needed, and we do not have it. The rate is already net of inflation, so negative values are normal — they mean borrowing costs less than inflation erodes.

Source: World Economic Outlook (IMF), license IMF open data.