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New Caledonia: Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)

In , New Caledonia's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 0.51.

That's up 3.8% from 2022, the highest value since .

The global average for this indicator in 2023 was 22.36 . New Caledonia ranks #203 globally out of 204 reporting countries. Within East Asia & Pacific, it ranks #34 of 35.

Source: World Bank Open Data (TM.VAL.MRCH.OR.ZS) • Data as of 2023

Trend (2004–2023)

New Caledonia Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
3.03
Trough
0.12
1-year change
+3.8%
5-year change
+40.2%
+7.0% / yr
10-year change
-6.0%
-0.6% / yr

Historical Data — Last 10 Years

Year Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)
0.5124
0.4939
0.4867
0.7325
0.4671
0.3655
0.8092
0.4227
0.4393
0.7237

About Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)

Merchandise imports from low- and middle-income economies outside region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in other World Bank regions according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.

Indicator code: TM.VAL.MRCH.OR.ZSCategory: Trade & Finance

Frequently asked questions

What was New Caledonia's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) in 2023?
In 2023, New Caledonia's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 0.51, according to World Bank Open Data.
Is New Caledonia's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) rising or falling?
New Caledonia's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) rose 3.8% from 2022 to 2023.
How does New Caledonia rank globally on Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)?
In 2023, New Caledonia ranked #203 out of 204 countries reporting Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports).
How does New Caledonia's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) compare to the world average?
The global average for Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) in 2023 was 22.36, so New Caledonia is below the world average. Within East Asia & Pacific, it ranks #34 of 35.
What is Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) and how is it measured?
Merchandise imports from low- and middle-income economies outside region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in other World Bank regions according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.
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Source: World Bank Open Data (TM.VAL.MRCH.OR.ZS), CC BY 4.0.