Monetary Policy Data

April 2017


Released on 26 June 2017 | Download the complete data | pdfIcon 22 KB


Monetary Policy Data
  Apr 17
Mar 17
Apr 16
Foreign Reserves (TOP million) 371.7 366.0 322.9
Months of Imports (trade estimate)7 6.8 6.7 6.7
Months of Imports (Overseas Exchange Transactions estimate)7 9.6 9.5 9.4
       
Inflation (apc) 9.5 9.4 -0.9
Imported (apc) 12.7 13.2 -6.5
Domestic (apc) 5.7 4.9 6.6
       
Activity Indicators
Total Credit Growth (apc)2 13.9 15.5 13.9
Total Outstanding Loan (Ann. Tot $ m)2 391.9 391.2 344.0
Household (apc) 24.0 24.3 18.6
Business (apc)3 3.0 5.9 9.3
Exchange Settlement Accounts (TOP million) 179.9 180.4 163.8
NRBT Notes on issue (TOP million) 0.0 0.0 0.0
Banks' holding of Govt Securities (TOP million) 25.6 25.6 24.0
Broad Money (M3, TOP million)4 5.9.9 503.6 448.3
       
Overseas Exchange Transactions1      
Imports (annual Total, TOP million) 356.1 355.4 312.6
Imports (apc) 13.9 16.1 7.7
Exports (annual Total, TOP million) 23.1 22.4 15.1
Exports (apc) 53.1 47.6 -0.4
Travel Receipts (annual Total, TOP million) 102.5 102.4 82.0
Travel Receipts (apc) 25.1 27.3 21.5
Remittances (annual Total, TOP million)5 277.98 276.84 242.80
Remittances (apc)5 14.5 16.0 24.5
       
Financial Markets
Exchange Rate      
USD/TOP 0.4462 0.4492 0.4519
AUD/TOP 0.5914 0.5888 0.5886
NZD/TOP 0.6404 0.6417 0.6564
FJD/TOP 0.9128 0.9154 0.9055
Nominal Trade Weighted Index6 90.71 90.93 91.28
Real Trade Weighted Index6 104.67 104.73 97.81
       
Interest Rates      
Weighted Average Lending Rate (%) 7.91 7.91 7.97
Housing (%) 8.04 8.05 8.09
Business (%)3 6.92 6.92 7.20
       
Weighted Average Deposit Rate (%) 2.21 2.25 2.26
12-month term (%) 5.36 5.39 5.14
Savings (%) 2.31 2.31 2.44
Term (%) 3.82 3.81 3.89
 
 

Notes:

apc = annual percent change
1 - Historical OET data up to May 2014 has been updated with the transition to Balance of Payments Manual 6, causing slight revisions compared to previous publications.
2 - This series includes total loans from the banking system.
3 - The methodology for calculating this series was updated in August 2014, resulting in revisions to the full history of data.
4 - The methodology for calculating this series was updated in March 2014, resuting in revisions to the data backdating to January 2012.
5 - The methodology for calculating this series was updated in May 2015, resulting in revisions to the data backdating to May 2014.
6 - The methodology for calculating this series was updated in September 2013, resulting in revisions to the full history of data.
7 - Methodology used for this calculation has changed in February 2017 to include both imports of goods and services.

Prepared by the Economics Department | National Reserve Bank of Tonga Last Updated on 23 June 2017

Monetary Policy Data Releases

Monetary Policy Data Releases for 2017


pdfIcon April
Released on 26 June 2017 | 22 KB
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Released on 29 May 2017 | 22 KB

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Released on 20 April 2017 | 13 KB
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Released on 24 March 2017 | 21 KB

2016


pdfIcon December
Last Updated on 27 February 2017 | 22 KB
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Last Updated on 9 February 2017 | 13 KB

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Released on 4 April 2017 | 13 KB
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Last Updated on 16 November 2016 | 13 KB

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Last Updated on 7 October 2016 | 24 KB
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Last Updated on 9 September 2016 | 24 KB

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Last Updated on 12 August 2016 | 23 KB
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Last Updated on 7 July 2016 | 23 KB

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Last Updated on 20 June 2016 | 22 KB
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Last Updated on 9 May 2016 | 13 KB

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Last Updated on 6 April 2016 | 22 KB
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Last Updated on 24 March 2016 | 24 KB

2015


pdfIcon December
Last Updated on 10 February 2016 | 13 KB
pdfIcon November
Last Updated on 18 January 2016 | 24 KB

pdfIcon October
Last Updated on 11 December 2015 | 24 KB
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Last Updated on 6 November 2015 | 24 KB

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Last Updated on 23 October 2015 | 24 KB
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Last Updated on 8 September 2015 | 24 KB

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Last Updated on 21 August 2015 | 24 KB
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Last Updated on 14 July 2015 | 23 KB

pdfIcon April
Last Updated on 10 June 2015 | 13 KB
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Last Updated on 6 May 2015 | 13 KB

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Last Updated on 31 March 2015 | 23 KB
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Last Updated on 4 March 2015 | 23 KB

2014


pdfIcon December
Last Updated on 11 February 2015 | 23 KB
pdfIcon November
Last Updated on 12 January 2015 | 13 KB

pdfIcon October
Last Updated on 9 December 2014 | 23 KB
pdfIcon September
Last Updated on 24 November 2014 | 23 KB

pdfIcon August
Last Updated on 10 October 2014 | 23 KB
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Last Updated on 8 September 2014 | 22 KB

pdfIcon June
Last Updated on 6 August 2014 | 22 KB
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Last Updated on 7 July 2014 | 23 KB

pdfIcon April
Last Updated on 11 June 2014 | 23 KB
pdfIcon March
Last Updated on 15 May 2014 | 23 KB

pdfIcon February
Last Updated on 3 April 2014 | 13 KB
pdfIcon January
Last Updated on 12 March 2014 | 13 KB

2013


pdfIcon December
Last Updated on 10 February 2014 | 24 KB
pdfIcon November
Last Updated on 7 January 2014 | 14 KB

pdfIcon October
Last Updated on 12 December 2013 | 22 KB
pdfIcon September
Last Updated on 7 November 2013 | 27 KB

pdfIcon August
Last Updated on 10 October 2013 | 22 KB
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Last Updated on 18 September 2013 | 19 KB

pdfIcon June
Last Updated on 9 August 2013 | 29 KB
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Last Updated on 19 July 2013 | 29 KB

pdfIcon April
Last Updated on 10 June 2013 | 22 KB
pdfIcon March
Last Updated on 3 May 2013 | 29 KB

pdfIcon February
Last Updated on 14 May 2013 | 51 KB
pdfIcon January
Last Updated on 14 May 2013 | 51 KB

2012


pdfIcon December
Last Updated on 14 February 2013 | 30 KB
pdfIcon November
Last Updated on 17 January 2013 | 11 KB

pdfIcon October
Last Updated on 13 December 2012 | 28 KB
pdfIcon September
Last Updated on 12 November 2012 | 29 KB

pdfIcon August
Last Updated on 19 October 2012 | 30 KB
pdfIcon July
Last Updated on 6 September 2012 | 29 KB

pdfIcon June
Last Updated on 2 August 2012 | 29 KB
pdfIcon May
Last Updated on 17 July 2012 | 11 KB

pdfIcon April
Last Updated on 18 June 2012 | 28 KB
pdfIcon March
Last Updated on 22 May 2012 | 21 KB

pdfIcon February
Last Updated on 11 May 2012 | 21 KB
pdfIcon January
Last Updated on 3 April 2012 | 29 KB

2011


pdfIcon December
Last Updated on 13 February 2012 | 21 KB
pdfIcon November
Last Updated on 12 January 2012 | 40 KB

pdfIcon October
Last Updated on  7 December 2011 | 17 KB
pdfIcon September
Last Updated on 14 November 2011 | 11 KB

pdfIcon August
Last Updated on 6 October 2011 | 19 KB
pdfIcon July
Last Updated on 7 September 2011 | 14 KB

pdfIcon June
Last Updated on 27 July 2011 | 15 KB
pdfIcon May
Last Updated on 1 July 2016 | 15 KB

pdfIcon April
Last Updated on 7 June 2011 | 15 KB
pdfIcon March
Last Updated on 11 May 2011 | 14 KB

pdfIcon February
Last Updated on 7 April 2011 | 13 KB
pdfIcon January
Last Updated on 7 March 2011 | 14 KB

2010


pdfIcon December
Last Updated on 11 February 2011 | 14 KB
pdfIcon November
Last Updated on 13 January 2011 | 13 KB

pdfIcon October
Last Updated on 8 December 2010 | 13 KB
pdfIcon September
Last Updated on 22 November 2010 | 13 KB

pdfIcon August
Last Updated on 30 September 2010 | 15 KB
pdfIcon July
Last Updated on 13 September 2010 | 14 KB

pdfIcon June
Last Updated on 6 August 2010 | 14 KB
pdfIcon May
Last Updated on 25 June 2010 | 15 KB

pdfIcon April
Last Updated on 27 May 2010 | 17 KB
pdfIcon March
Last Updated on 11 May 2010 | 17 KB

pdfIcon February
Last Updated on 12 May 2010 | 17 KB
pdfIcon January
Last Updated on 12 May 2010 | 17 KB

2009


pdfIcon December
Last Updated on 17 February 2010 | 14 KB
pdfIcon November
Last Updated on 12 January 2010 | 14 KB

pdfIcon October
Last Updated on 14 December 2009 | 36 KB
pdfIcon September
Last Updated on 10 November 2009 | 14 KB

pdfIcon August
Last Updated on 15 October 2009 | 26 KB
pdfIcon July
Last Updated on 16 September 2009 | 16 KB

pdfIcon June
Last Updated on 26 August 2009 | 38 KB
pdfIcon May
Last Updated on 21 August 2009 | 14 KB

pdfIcon April
Last Updated on 5 June 2009 | 14 KB
pdfIcon March
Last Updated on 13 May 2009 | 14 KB

pdfIcon February
Last Updated on 6 April 2009 | 14 KB
pdfIcon January
Last Updated on 9 March 2009 | 14 KB

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