External balance on goods and services (current LCU) in New Caledonia
New Caledonia: External balance on goods and services (current LCU) was -160.12 billion current LCU in 2024. ◆ Volatile
Latest (2024)
-160.12 billion current LCU
Change on year
up 16.3%
World rank
143rd
of 193 countries
All-time high
-35.64 billion current LCU
in 1995
All-time low
-253.32 billion current LCU
in 2012
Years of data
35
1990–2024
External balance on goods and services in New Caledonia, 1990–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
New Caledonia recorded -160.12 billion current LCU for external balance on goods and services in 2024.
Compared with earlier readings it is up 16.3% on the previous year and up 23.1% over ten years.
Over the whole period, external balance on goods and services in New Caledonia peaked at -35.64 billion current LCU in 1995 and was at its lowest, -253.32 billion current LCU, in 2012.
That places New Caledonia 143rd out of 193 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services (current LCU) in New Caledonia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | -40.63 billion current LCU | — |
| 1991 | -42.77 billion current LCU | +5.3% |
| 1992 | -50.58 billion current LCU | +18.3% |
| 1993 | -49.85 billion current LCU | -1.4% |
| 1994 | -45.60 billion current LCU | -8.5% |
| 1995 | -35.64 billion current LCU | -21.8% |
| 1996 | -41.60 billion current LCU | +16.7% |
| 1997 | -40.96 billion current LCU | -1.5% |
| 1998 | -77.49 billion current LCU | +89.2% |
| 1999 | -79.75 billion current LCU | +2.9% |
| 2000 | -65.42 billion current LCU | -18.0% |
| 2001 | -91.25 billion current LCU | +39.5% |
| 2002 | -94.50 billion current LCU | +3.6% |
| 2003 | -107.15 billion current LCU | +13.4% |
| 2004 | -82.53 billion current LCU | -23.0% |
| 2005 | -113.55 billion current LCU | +37.6% |
| 2006 | -134.21 billion current LCU | +18.2% |
| 2007 | -133.67 billion current LCU | -0.4% |
| 2008 | -226.67 billion current LCU | +69.6% |
| 2009 | -188.23 billion current LCU | -17.0% |
| 2010 | -234.07 billion current LCU | +24.4% |
| 2011 | -236.61 billion current LCU | +1.1% |
| 2012 | -253.32 billion current LCU | +7.1% |
| 2013 | -250.16 billion current LCU | -1.2% |
| 2014 | -208.11 billion current LCU | -16.8% |
| 2015 | -224.70 billion current LCU | +8.0% |
| 2016 | -183.40 billion current LCU | -18.4% |
| 2017 | -163.90 billion current LCU | -10.6% |
| 2018 | -171.18 billion current LCU | +4.4% |
| 2019 | -217.67 billion current LCU | +27.2% |
| 2020 | -183.07 billion current LCU | -15.9% |
| 2021 | -210.67 billion current LCU | +15.1% |
| 2022 | -215.22 billion current LCU | +2.2% |
| 2023 | -191.41 billion current LCU | -11.1% |
| 2024 | -160.12 billion current LCU | -16.3% |
New Caledonia compared with similar countries
- New Caledonia's -160.12 billion current LCU is below the median for high income countries, which is 3.18 billion current LCU. (72 countries reporting)
- New Caledonia's -160.12 billion current LCU is below the median for East Asia & Pacific, which is -190.00 million current LCU, 842.7× the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -50.49 billion current LCU | -79.75 billion current LCU | -35.64 billion current LCU | 10 |
| 2000s | -123.72 billion current LCU | -226.67 billion current LCU | -65.42 billion current LCU | 10 |
| 2010s | -214.31 billion current LCU | -253.32 billion current LCU | -163.90 billion current LCU | 10 |
| 2020s | -192.10 billion current LCU | -215.22 billion current LCU | -160.12 billion current LCU | 5 |
Countries ranked near New Caledonia
- 140 Guatemala -145.93 billion current LCU compare
- 141 Turkey -148.18 billion current LCU compare
- 142 Morocco -156.26 billion current LCU compare
- 144 Comoros -176.53 billion current LCU compare
- 145 Guinea-Bissau -193.40 billion current LCU compare
- 146 French Polynesia -194.10 billion current LCU compare
More economy & growth data for New Caledonia
- Foreign direct investment, net outflows (BoP, current US$), gaps 45.87 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0054 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 156.75 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 725.76 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 5.6 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0849 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 2,480 BoP, current US$ per person (2024)
- General government final consumption expenditure (current US$) 1.06 % change on previous year (2017)
- General government final consumption expenditure (current US$), per 0.2351 current US$ per US$ of GDP (2017)
- General government final consumption expenditure (current US$), per 7,608 current US$ per person (2017)
Frequently asked questions
- What is external balance on goods and services in New Caledonia?
- External balance on goods and services in New Caledonia was -160.12 billion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in New Caledonia?
- The highest recorded value was -35.64 billion current LCU in 1995.
- What is the lowest external balance on goods and services recorded in New Caledonia?
- The lowest recorded value was -253.32 billion current LCU in 2012.
- How does New Caledonia rank for external balance on goods and services?
- New Caledonia ranks 143rd out of 193 countries with data for 2024.
- Is external balance on goods and services rising or falling in New Caledonia?
- Over the last ten years it is up 23.1%. The long-run trend across the full record is volatile.
- Where does this New Caledonia data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.