Philippines vs Tonga: Lending interest rate
Philippines
7.1%
in 2019
Tonga
7.6%
in 2025
Philippines rank
90th
Tonga rank
88th
Lending interest rate over time
- Philippines
- Tonga
How they compare
Tonga currently reports 7.6% against 7.1% in Philippines, a difference of 0.5%.
That makes Tonga's figure about 1.1 times Philippines's.
Across all 8 years both countries report, Tonga has been ahead every year.
Globally, Philippines ranks 90th and Tonga ranks 88th of 148 countries.
Individual pages
About this data
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.