Tonga TO: Lending Interest Rate

Tonga TO: Lending Interest Rate data was reported at 7.872 % pa in 2017. This records a decrease from the previous number of 7.928 % pa for 2016. Tonga TO: Lending Interest Rate data is updated yearly, averaging 8.441 % pa from Dec 2012 (Median) to 2017, with 6 observations. The data reached an all-time high of 9.927 % pa in 2012 and a record low of 7.872 % pa in 2017. Tonga TO: Lending Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Tonga – Table TO.World Bank.WDI: Interest Rates. Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files.; ;

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What was Tonga's Tonga TO: Lending Interest Rate in 2017?

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