Tonga: Merchandise exports to high-income economies (% of total merchandise exports)
In , Tonga's Merchandise exports to high-income economies (% of total merchandise exports) was 91.76.
That's down 6.7% from 2022, the highest value since .
The global average for this indicator in 2023 was 60.91 . Tonga ranks #14 globally out of 205 reporting countries. Within East Asia & Pacific, it ranks #3 of 36.
Source: World Bank Open Data (TX.VAL.MRCH.HI.ZS) • Data as of 2023
Trend (2004–2023)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 98.48
- Trough
- 86.98
- 1-year change
- -6.7%
- 5-year change
- -4.7%
- -1.0% / yr
- 10-year change
- -6.5%
- -0.7% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to high-income economies (% of total merchandise exports) |
|---|---|
| 91.7573 | |
| 98.3111 | |
| 98.4354 | |
| 94.5812 | |
| 89.3559 | |
| 96.2812 | |
| 96.3623 | |
| 97.2956 | |
| 97.1416 | |
| 98.2447 |
About Merchandise exports to high-income economies (% of total merchandise exports)
Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.
Indicator code: TX.VAL.MRCH.HI.ZS • Category: Trade & Finance
Frequently asked questions
- What was Tonga's Merchandise exports to high-income economies (% of total merchandise exports) in 2023?
- In 2023, Tonga's Merchandise exports to high-income economies (% of total merchandise exports) was 91.76, according to World Bank Open Data.
- Is Tonga's Merchandise exports to high-income economies (% of total merchandise exports) rising or falling?
- Tonga's Merchandise exports to high-income economies (% of total merchandise exports) fell 6.7% from 2022 to 2023.
- How does Tonga rank globally on Merchandise exports to high-income economies (% of total merchandise exports)?
- In 2023, Tonga ranked #14 out of 205 countries reporting Merchandise exports to high-income economies (% of total merchandise exports).
- How does Tonga's Merchandise exports to high-income economies (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to high-income economies (% of total merchandise exports) in 2023 was 60.91, so Tonga is above the world average. Within East Asia & Pacific, it ranks #3 of 36.
- What is Merchandise exports to high-income economies (% of total merchandise exports) and how is it measured?
- Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.
Source: World Bank Open Data (TX.VAL.MRCH.HI.ZS), CC BY 4.0.