New Caledonia: Exports, percent of GDP

* indicates monthly or quarterly data series
 New Caledonia

Exports of goods and services as percent of GDP

 Latest value 21.01
 Year 2017
 Measure percent
 Data availability 1990 - 2017
 Average 18.46
 Min - Max 13.11 - 27.38
 Source The World Bank
The latest value from 2017 is 21.01 percent, an increase from 19.27 percent in 2016. In comparison, the world average is 42.88 percent, based on data from 173 countries. Historically, the average for New Caledonia from 1990 to 2017 is 18.46 percent. The minimum value, 13.11 percent, was reached in 1993 while the maximum of 27.38 percent was recorded in 2007. 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


Recent data
New Caledonia - Exports, percent of GDP - Recent values chart

Historical series
New Caledonia - Exports, percent of GDP - historical chart - 1990-2017




The exports of New Caledonia and other countries are calculated as the total amount of goods and services produced at home and sold abroad. Exports are often reported as percent of GDP so that we can evaluate their magnitude relative to the size of the economy.

If exports are about 15 percent or less of GDP the economy is considered relatively closed as only 15 percent of its products are sold internationally. That, for example, applies to the U.S. In contrast, many small European countries export over 40 percent of their production. They are considered more open to international trade.
Definition: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

All articles



 Related indicators Latest Reference Measure
 Terms of trade 129.06 2021 percent
 Trade openness 58.93 2017 percent
 Exports, percent of GDP 21.01 2017 percent
 Exports, billion dollars 1.93 2017 billion U.S. dollars
 Imports, percent of GDP 37.92 2017 percent
 Imports, billion dollars 3.48 2017 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 7.24 2022 percent
 Foreign Direct Investment, billion dollars 0.70 2022 billion U.S. dollars
 Portfolio investment inflows, equities 0.00 2007 million dollars (current)
 Current account, in dollars -0.65 2016 billion U.S. dollars
 Trade balance, percent of GDP -16.91 2017 percent
 Trade balance, in dollars -1.50 2016 billion U.S. dollars
 Remittances, percent of GDP 6.45 2022 percent
 Remittances 621.06 2023 million U.S. dollars
 Net errors and omissions -193.68 2016 million USD
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