New Caledonia: Trade openness
* indicates monthly or quarterly data series
| New Caledonia |
Trade openness: exports plus imports as percent of GDP |
|---|---|
| Latest value | 40.37 |
| Year | 2024 |
| Measure | percent |
| Data availability | 1990 - 2024 |
| Average | 55.70 |
| Min - Max | 40.37 - 72.17 |
| Source | The World Bank |
| Available for | Data download |
The latest value from 2024 is 40.37 percent, a decline from 51.63 percent in 2023. In comparison, the world average is 90.58 percent, based on data from 166 countries. Historically, the average for New Caledonia from 1990 to 2024 is 55.7 percent. The minimum value, 40.37 percent, was reached in 2024 while the maximum of 72.17 percent was recorded in 2007.
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* indicates monthly or quarterly data series
| Recent values | New Caledonia: Trade openness |
|---|---|
| 2024 | 40.37 |
| 2023 | 51.63 |
| 2022 | 50.47 |
| 2021 | 49.04 |
| 2020 | 54.58 |
| 2019 | 58.21 |
| 2018 | 59.10 |
| 2017 | 58.93 |
Definition: Exports plus imports as percent of GDP.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Terms of trade | 105.10 | 2024 | percent |
| Trade openness | 40.37 | 2024 | percent |
| Exports, percent of GDP | 11.69 | 2024 | percent |
| Exports, billion dollars | 1.00 | 2024 | billion U.S. dollars |
| Imports, percent of GDP | 28.67 | 2024 | percent |
| Imports, billion dollars | 2.45 | 2024 | billion U.S. dollars |
| Foreign Direct Investment, percent of GDP | 8.49 | 2024 | percent |
| Foreign Direct Investment, billion dollars | 0.73 | 2024 | billion U.S. dollars |
| Current account, percent of GDP | -7.50 | 2016 | percent |
| Current account, in dollars | -0.65 | 2016 | billion U.S. dollars |
| Trade balance, percent of GDP | -16.98 | 2024 | percent |
| Trade balance, in dollars | -1.50 | 2016 | billion U.S. dollars |
| Remittances, percent of GDP | 7.12 | 2016 | percent |
| Remittances | 621.06 | 2016 | million U.S. dollars |
| Net errors and omissions | -193.68 | 2016 | million USD |