Net trade in goods and services in New Caledonia
New Caledonia: Net trade in goods and services was -1.50 billion BoP, current US$ in 2016. ▼ Falling
Net trade in goods and services in New Caledonia, 2002–2016
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2016, net trade in goods and services in New Caledonia stood at -1.50 billion BoP, current US$.
The figure is up 23.5% on the previous year and down 18.7% over ten years.
Over the whole period, net trade in goods and services in New Caledonia peaked at -576.15 million BoP, current US$ in 2004 and was at its lowest, -2.56 billion BoP, current US$, in 2008.
New Caledonia ranks 135th of 200 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 15 years of available data.
Net trade in goods and services in New Caledonia, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2002 | -677.25 million BoP, current US$ | — |
| 2003 | -734.60 million BoP, current US$ | +8.5% |
| 2004 | -576.15 million BoP, current US$ | -21.6% |
| 2005 | -1.01 billion BoP, current US$ | +75.7% |
| 2006 | -1.26 billion BoP, current US$ | +24.9% |
| 2007 | -1.26 billion BoP, current US$ | -0.1% |
| 2008 | -2.56 billion BoP, current US$ | +102.9% |
| 2009 | -1.93 billion BoP, current US$ | -24.6% |
| 2010 | -2.39 billion BoP, current US$ | +23.8% |
| 2011 | -2.48 billion BoP, current US$ | +3.8% |
| 2012 | -2.56 billion BoP, current US$ | +3.1% |
| 2013 | -2.54 billion BoP, current US$ | -0.9% |
| 2014 | -2.12 billion BoP, current US$ | -16.3% |
| 2015 | -1.96 billion BoP, current US$ | -7.5% |
| 2016 | -1.50 billion BoP, current US$ | -23.5% |
New Caledonia compared with similar countries
- New Caledonia's -1.50 billion BoP, current US$ is below the median for high income countries, which is 2.86 billion BoP, current US$. (72 countries reporting)
- New Caledonia's -1.50 billion BoP, current US$ is below the median for East Asia & Pacific, which is -105.08 million BoP, current US$, 14.3× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -1.25 billion BoP, current US$ | -2.56 billion BoP, current US$ | -576.15 million BoP, current US$ | 8 |
| 2010s | -2.22 billion BoP, current US$ | -2.56 billion BoP, current US$ | -1.50 billion BoP, current US$ | 7 |
Countries ranked near New Caledonia
- 132 Madagascar -1.32 billion BoP, current US$ compare
- 133 Bulgaria -1.37 billion BoP, current US$ compare
- 134 Algeria -1.41 billion BoP, current US$ compare
- 136 Democratic Republic of Congo -1.56 billion BoP, current US$ compare
- 137 Cameroon -1.58 billion BoP, current US$ compare
- 138 Armenia -1.59 billion BoP, current US$ 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 net trade in goods and services in New Caledonia?
- Net trade in goods and services in New Caledonia was -1.50 billion BoP, current US$ in 2016, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods and services recorded in New Caledonia?
- The highest recorded value was -576.15 million BoP, current US$ in 2004.
- What is the lowest net trade in goods and services recorded in New Caledonia?
- The lowest recorded value was -2.56 billion BoP, current US$ in 2008.
- How does New Caledonia rank for net trade in goods and services?
- New Caledonia ranks 135th out of 200 countries with data for 2016.
- Is net trade in goods and services rising or falling in New Caledonia?
- Over the last ten years it is down 18.7%. The long-run trend across the full record is falling.
- Where does this New Caledonia data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net trade in goods and services (BoP, 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.