Tonga: Exports of goods and services (% of GDP)
In , Tonga's Exports of goods and services (% of GDP) was 14.74.
That's up 37.0% from 2022, the highest value since .
The global average for this indicator in 2023 was 44.26 .
Source: World Bank Open Data (NE.EXP.GNFS.ZS) • Data as of 2023
Trend (2005–2023)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 24.51
- Trough
- 10.76
- 1-year change
- +37.0%
- 5-year change
- -30.5%
- -7.0% / yr
- 10-year change
- -27.4%
- -3.1% / yr
Historical Data — Last 10 Years
| Year | Exports of goods and services (% of GDP) |
|---|---|
| 14.7440 | |
| 10.7634 | |
| 11.0814 | |
| 19.7051 | |
| 22.2333 | |
| 21.2114 | |
| 22.1761 | |
| 24.5056 | |
| 16.9582 | |
| 16.9270 |
About Exports of goods and services (% of GDP)
Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Indicator code: NE.EXP.GNFS.ZS • Category: Economy
Frequently asked questions
- What was Tonga's Exports of goods and services (% of GDP) in 2023?
- In 2023, Tonga's Exports of goods and services (% of GDP) was 14.74, according to World Bank Open Data.
- Is Tonga's Exports of goods and services (% of GDP) rising or falling?
- Tonga's Exports of goods and services (% of GDP) rose 37.0% from 2022 to 2023.
- How does Tonga's Exports of goods and services (% of GDP) compare to the world average?
- The global average for Exports of goods and services (% of GDP) in 2023 was 44.26, so Tonga is below the world average.
- What is Exports of goods and services (% of GDP) and how is it measured?
- Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Source: World Bank Open Data (NE.EXP.GNFS.ZS), CC BY 4.0.