New Caledonia: Trade balance, percent of GDP

* indicates monthly or quarterly data series
 New Caledonia

Trade balance as percent of GDP

 Latest value -16.91
 Reference 2017
 Measure percent
 Source The World Bank

For that indicator, we provide data for New Caledonia from 1990 to 2017. The average value for New Caledonia during that period was -19.73 percent with a minimum of -30.81 percent in 2008 and a maximum of -10.82 percent in 1995. The latest value from 2017 is -16.91 percent. For comparison, the world average in 2017 based on 175 countries is -4.61 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

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The trade balance for New Caledonia and other countries is calculated as the difference between the exports and imports of goods and services, as percent of GDP. A positive number means trade surplus and a negative number means trade deficit.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).
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