Tonga - Bank Lending Interest Rate
Since 2014, Tonga Bank Lending Interest Rate decreased by 1.4points year on year. In 2019, the country was number 81 comparing other countries in Bank Lending Interest Rate at 8.07 Percent. Tonga is overtaken by Moldova, which was number 80 at 8.25 Percent and is followed by Algeria at 8 Percent. Argentina lead the ranking with 67.25 Percent in 2019, a growth of 38.6points versus 2018. Madagascar, Brazil and Gambia respectively ranked number 2, 3 and 4 in this ranking. Argentina witnessed the best average annual growth at +22.9points per year, while New Zealand was the worst growing country at -31.5points per year.
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| Date | Percent |
|---|---|
| 2019 | 8.07 |
| 2018 | 8.04 |
| 2017 | 7.87 |
| 2016 | 7.93 |
| 2015 | 8.24 |
Download all data from 2012 to 2019
How does Tonga rank in Bank Lending Interest Rate?
| # | 136 Countries | Percent | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Argentina
|
67.25 % | 2019 | +38.6 % | +22.9 % | View data | |
| 2 |
#2
Madagascar
|
49.00 % | 2019 | -11.5 % | -4.0 % | View data | |
| 80 |
#80
Moldova
|
8.25 % | 2019 | -6.8 % | -5.6 % | View data | |
| 81 |
#81
Tonga
|
8.07 % | 2019 | +0.3 % | -1.4 % | View data | |
| 82 |
#82
Algeria
|
8.00 % | 2019 | +0.0 % | +0.0 % | View data | |