Tonga Deposit Rate
Deposit interest rate FR.INR.DPST
Tonga's deposit rate was 1.33% in 2025, ranked 80th globally. This represents a 14.6% decrease from 2024. Data from World Bank, covering 2012–2025.
Overview
Tonga's deposit rate stood at 1.33% in 2025, a decline of +0.23pp from 2024. Based on recent trends, this figure is projected to reach 1.33% by 2025. Tonga ranked 80th globally.
Tonga’s deposit rate has fallen sharply over the 14‑year span covered by World Bank data, slipping from an early‑year level of 3.12 % in 2012 to a trough of 1.33 % in 2025, which also represents the all‑time low. The brief peak of 3.14 % recorded in 2016 was barely above the 2012 figure and underscores the rapid contraction that followed the global tightening cycle after the mid‑2010s. With a 2025 rate of 1.33 %, Tonga ranks 80th worldwide, closely trailing Antigua and Barbuda’s 1.36 % and edging ahead of Samoa’s 1.26 %. The decline mirrors broader regional pressures on small‑economy banking sectors, where limited capital inflows and low domestic savings constrain interest‑rate setting. Should external financing conditions ease or domestic deposit mobilisation improve, the downward trajectory could stabilise; otherwise the rate is likely to remain near the current trough as monetary policy remains accommodative.
Data & projection
| Year | Deposit Rate | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 1.05% | - | - |
| 2026* trend | 1.19% | - | - |
| 2025* trend | 1.33% | - | - |
| 2025 | 1.33% | −0.23pp | #80 |
| 2024 | 1.55% | +0.01pp | #19 |
| 2023 | 1.54% | −0.11pp | #27 |
| 2022 | 1.65% | −0.24pp | #38 |
| 2021 | 1.89% | −0.18pp | #54 |
| 2020 | 2.07% | −0.21pp | #50 |
| 2019 | 2.29% | −0.56pp | #48 |
| 2018 | 2.84% | −0.17pp | #55 |
| 2017 | 3.02% | −0.12pp | #68 |
| 2016 | 3.14% | +0.11pp | #70 |
| 2015 | 3.02% | +0.19pp | #69 |
| 2014 | 2.83% | +0.01pp | #62 |
| 2013 | 2.82% | −0.29pp | #46 |
| 2012 | 3.12% | – | #49 |
Detected Pattern
Analysis
Tonga matched the Fiscal Dominance Trap pattern in 2022. Historically, 72% of countries showing this pattern (278 out of 386) saw deposit rate improve within 24 months. View full analysis →
Frequently Asked Questions
Tonga's deposit rate was 1.33% in 2025. Ranked 80th globally. This represents a 14.6% decrease from the previous year.
Tonga's deposit rate peaked at 3.14% in 2016.
The lowest deposit rate in Tonga was 1.33% in 2025.
Tonga ranks 80th globally in deposit rate as of 2025.
The World Bank indicator code is FR.INR.DPST. Data sourced from World Bank.
Tonga's deposit rate is projected to reach 1.33% by 2025 based on trend extrapolation.
The deposit rate of Tonga in 2025 was 1.33%. This ranks 80th in the world.
Cite this page
@misc{historysaid_tonga_deposit-rate,
title = {Tonga Deposit Rate},
url = {https://historysaid.com/tonga/deposit-rate/},
publisher = {HistorySaid},
year = {2026}
}