New Caledonia: Trade (% of GDP)
In , New Caledonia's Trade (% of GDP) was 40.37.
That's down 21.8% from 2023, the highest value since .
The global average for this indicator in 2024 was 92.19 . New Caledonia ranks #142 globally out of 160 reporting countries. Within East Asia & Pacific, it ranks #23 of 24.
Source: World Bank Open Data (NE.TRD.GNFS.ZS) • Data as of 2024
Trend (2005–2024)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 72.17
- Trough
- 40.37
- 1-year change
- -21.8%
- 5-year change
- -30.6%
- -7.1% / yr
- 10-year change
- -31.5%
- -3.7% / yr
Historical Data — Last 10 Years
| Year | Trade (% of GDP) |
|---|---|
| 40.3690 | |
| 51.6307 | |
| 50.4727 | |
| 49.0442 | |
| 54.5818 | |
| 58.2104 | |
| 59.0971 | |
| 58.9282 | |
| 58.0296 | |
| 60.0468 |
About Trade (% of GDP)
Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Indicator code: NE.TRD.GNFS.ZS • Category: Economy
Frequently asked questions
- What was New Caledonia's Trade (% of GDP) in 2024?
- In 2024, New Caledonia's Trade (% of GDP) was 40.37, according to World Bank Open Data.
- Is New Caledonia's Trade (% of GDP) rising or falling?
- New Caledonia's Trade (% of GDP) fell 21.8% from 2023 to 2024.
- How does New Caledonia rank globally on Trade (% of GDP)?
- In 2024, New Caledonia ranked #142 out of 160 countries reporting Trade (% of GDP).
- How does New Caledonia's Trade (% of GDP) compare to the world average?
- The global average for Trade (% of GDP) in 2024 was 92.19, so New Caledonia is below the world average. Within East Asia & Pacific, it ranks #23 of 24.
- What is Trade (% of GDP) and how is it measured?
- Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Source: World Bank Open Data (NE.TRD.GNFS.ZS), CC BY 4.0.