External balance on goods and services (current US$) (US current) in New Caledonia
New Caledonia: External balance on goods and services (current US$) (US current) was -1.45 billion current US$ in 2024. ◆ Volatile
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 US$.
Analysis
The most recent figure for external balance on goods and services in New Caledonia is -1.45 billion current US$, measured in 2024.
Compared with earlier readings it is up 16.3% on the previous year and up 37.3% over ten years.
Over the whole period, external balance on goods and services in New Caledonia peaked at -385.98 million current US$ in 1997 and was at its lowest, -2.79 billion current US$, in 2008.
New Caledonia ranks 123rd of 193 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services (current US$) (US current) in New Caledonia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1990 | -410.39 million current US$ | — |
| 1991 | -416.89 million current US$ | +1.6% |
| 1992 | -525.45 million current US$ | +26.0% |
| 1993 | -484.13 million current US$ | -7.9% |
| 1994 | -451.73 million current US$ | -6.7% |
| 1995 | -392.74 million current US$ | -13.1% |
| 1996 | -447.30 million current US$ | +13.9% |
| 1997 | -385.98 million current US$ | -13.7% |
| 1998 | -722.38 million current US$ | +87.2% |
| 1999 | -712.28 million current US$ | -1.4% |
| 2000 | -506.33 million current US$ | -28.9% |
| 2001 | -684.83 million current US$ | +35.3% |
| 2002 | -748.79 million current US$ | +9.3% |
| 2003 | -1.02 billion current US$ | +35.6% |
| 2004 | -860.32 million current US$ | -15.3% |
| 2005 | -1.18 billion current US$ | +37.6% |
| 2006 | -1.41 billion current US$ | +19.3% |
| 2007 | -1.54 billion current US$ | +8.7% |
| 2008 | -2.79 billion current US$ | +82.0% |
| 2009 | -2.20 billion current US$ | -21.2% |
| 2010 | -2.60 billion current US$ | +18.2% |
| 2011 | -2.76 billion current US$ | +6.1% |
| 2012 | -2.73 billion current US$ | -1.2% |
| 2013 | -2.78 billion current US$ | +2.1% |
| 2014 | -2.32 billion current US$ | -16.8% |
| 2015 | -2.09 billion current US$ | -9.8% |
| 2016 | -1.70 billion current US$ | -18.6% |
| 2017 | -1.55 billion current US$ | -8.8% |
| 2018 | -1.69 billion current US$ | +9.2% |
| 2019 | -2.04 billion current US$ | +20.5% |
| 2020 | -1.75 billion current US$ | -14.4% |
| 2021 | -2.09 billion current US$ | +19.4% |
| 2022 | -1.90 billion current US$ | -9.2% |
| 2023 | -1.73 billion current US$ | -8.5% |
| 2024 | -1.45 billion current US$ | -16.3% |
New Caledonia compared with similar countries
- New Caledonia's -1.45 billion current US$ is below the median for high income countries, which is 3.43 billion current US$. (72 countries reporting)
- New Caledonia's -1.45 billion current US$ is below the median for East Asia & Pacific, which is -166.62 million current US$, 8.7× the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -494.93 million current US$ | -722.38 million current US$ | -385.98 million current US$ | 10 |
| 2000s | -1.29 billion current US$ | -2.79 billion current US$ | -506.33 million current US$ | 10 |
| 2010s | -2.23 billion current US$ | -2.78 billion current US$ | -1.55 billion current US$ | 10 |
| 2020s | -1.78 billion current US$ | -2.09 billion current US$ | -1.45 billion current US$ | 5 |
Countries ranked near New Caledonia
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 -1.45 billion current US$ 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 -385.98 million current US$ in 1997.
- What is the lowest external balance on goods and services recorded in New Caledonia?
- The lowest recorded value was -2.79 billion current US$ in 2008.
- How does New Caledonia rank for external balance on goods and services?
- New Caledonia ranks 123rd 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 37.3%. 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 US$). Statizoid updates them automatically from the source API.
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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 indicator is expressed in United States dollars.