Tonga: Trade openness

* indicates monthly or quarterly data series
 Tonga

Trade openness: exports plus imports as percent of GDP

 Latest value 73.37
 Year 2021
 Measure percent
 Data availability 1975 - 2021
 Average 81.20
 Min - Max 50.53 - 112.15
 Source The World Bank
For that indicator, we provide data for Tonga from 1975 to 2021. The average value for Tonga during that period was 81.2 percent with a minimum of 50.53 percent in 1999 and a maximum of 112.15 percent in 1975. The latest value from 2021 is 73.37 percent. For comparison, the world average in 2021 based on 160 countries is 91.99 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent values chart
Tonga - Trade openness - Recent values chart

Historical chart
Tonga - Trade openness - historical chart - 1975-2021




Definition: Exports plus imports as percent of GDP.

Related articles

Why do countries run trade deficits?

Are trade deficits bad for the economy?

International trade and economic development



 Related indicators Latest value Reference Measure
 Terms of trade 98.03 2021 percent
 Trade openness 73.37 2021 percent
 Financial openness -1.242 2021 index points
 Exports, percent of GDP 12.52 2021 percent
 Exports, billion dollars 0.06 2021 billion U.S. dollars
 Growth of exports -48.85 2021 percent
 Imports, percent of GDP 60.84 2021 percent
 Imports, billion dollars 0.29 2021 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 0.81 2021 percent
 Foreign Direct Investment, billion dollars 0.00 2022 billion U.S. dollars
 Portfolio investment inflows, equities 0.00 2022 million dollars (current)
 Current account, percent of GDP -5.16 2022 percent
 Current account, in dollars -0.03 2022 billion U.S. dollars
 Trade balance, percent of GDP -48.32 2021 percent
 Trade balance, in dollars -0.27 2022 billion U.S. dollars
 Reserves 0.38 2022 billion U.S. dollars
 Remittances, percent of GDP 46.22 2021 percent
 Remittances 217.33 2022 million U.S. dollars
 Net errors and omissions -3.23 2022 million USD
 External debt 45.14 2021 percent
 Short-term external debt 0.00 2022 percent
 Short-term debt to reserves 0.00 2022 percent
 Foreign exchange reserves 0.89 9/2023 billion
This site uses cookies.
Learn more here


OK