Guinea-Bissau vs New Caledonia: External balance on goods and services
External balance on goods and services over time
- Guinea-Bissau
- New Caledonia
How they compare
New Caledonia currently reports -160.12 billion current LCU against -193.40 billion current LCU in Guinea-Bissau, a difference of 33.28 billion current LCU.
The two have swapped places 3 times across 35 shared years of data; in 1990 it was Guinea-Bissau ahead.
Guinea-Bissau ranks 145th and New Caledonia ranks 143rd of 193 countries.
Across the 4 decades both report, Guinea-Bissau averaged higher in 3 and New Caledonia in 1.
Head to head by decade
| Decade | Guinea-Bissau | New Caledonia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | -67.49 billion current LCU | -50.49 billion current LCU | 17.01 billion current LCU | New Caledonia |
| 2000s | -73.31 billion current LCU | -123.72 billion current LCU | 50.41 billion current LCU | Guinea-Bissau |
| 2010s | -64.64 billion current LCU | -214.31 billion current LCU | 149.68 billion current LCU | Guinea-Bissau |
| 2020s | -159.82 billion current LCU | -192.10 billion current LCU | 32.27 billion current LCU | Guinea-Bissau |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external balance on goods and services, Guinea-Bissau or New Caledonia?
- New Caledonia, at -160.12 billion current LCU against -193.40 billion current LCU in Guinea-Bissau as of 2024.
- What is the difference in external balance on goods and services between Guinea-Bissau and New Caledonia?
- 33.28 billion current LCU, with New Caledonia ahead.
- How many years of comparable data are there for Guinea-Bissau and New Caledonia?
- 35 years are reported by both, from 1990 to 2024.
- How do Guinea-Bissau and New Caledonia rank globally for external balance on goods and services?
- Guinea-Bissau ranks 145th and New Caledonia ranks 143rd of 193 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as External balance on goods and services (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.