New Caledonia: Trade openness
* indicates monthly or quarterly data series
| New Caledonia |
Trade openness: exports plus imports as percent of GDP |
|---|---|
| Latest value | 58.93 |
| Year | 2017 |
| Measure | percent |
| Data availability | 1990 - 2017 |
| Average | 56.65 |
| Min - Max | 41.95 - 72.17 |
| Source | The World Bank |
The latest value from 2017 is 58.93 percent, an increase from 58.03 percent in 2016. In comparison, the world average is 90.13 percent, based on data from 173 countries. Historically, the average for New Caledonia from 1990 to 2017 is 56.65 percent. The minimum value, 41.95 percent, was reached in 1995 while the maximum of 72.17 percent was recorded in 2007.
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* indicates monthly or quarterly data series
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Definition: Exports plus imports as percent of GDP.
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 |