Trade openness — all countries

Trade openness — New Caledonia

Trade openness in New Caledonia in 2024 — 40.37%. Ranked 153 in the world out of 172. Since 1990, the indicator has fallen by 12.83 pp.

2024 40.37% −11.26 pp vs 2023
World rank 153of 172
Period maximum 72.17%2007
Period minimum 40.37%2024

Trend over time

1990–2024 · % of GDP

Trade openness — New Caledonia, 1990–2024405060708019901994199820022006201020142018202220241990: 53.2%1991: 49.53%1992: 45.39%1993: 43.38%1994: 42.06%1995: 41.95%1996: 43.09%1997: 44.71%1998: 51.72%1999: 56.39%2000: 60.37%2001: 58.18%2002: 56.13%2003: 61.89%2004: 58.58%2005: 61.91%2006: 68.02%2007: 72.17%2008: 67.92%2009: 56.08%2010: 68.17%2011: 66.84%2012: 63.75%2013: 58.87%2014: 58.96%2015: 60.05%2016: 58.03%2017: 58.93%2018: 59.1%2019: 58.21%2020: 54.58%2021: 49.04%2022: 50.47%2023: 51.63%2024: 40.37%
Change over the period: −12.83 pp Annual average: -0.38 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: New Caledonia

New Caledonia 40.37%
World 56.72%
Melanesia computed 76.25%
High-income countries computed 59.77%
Trade openness — New Caledonia, by year New Caledonia All countries CSV XLSX
Year % Change, pp
2024 40.37 −11.26 pp
2023 51.63 +1.16 pp
2022 50.47 +1.43 pp
2021 49.04 −5.54 pp
2020 54.58 −3.63 pp
2019 58.21 −0.89 pp
2018 59.1 +0.17 pp
2017 58.93 +0.9 pp
2016 58.03 −2.02 pp
2015 60.05 +1.09 pp
2014 58.96 +0.09 pp
2013 58.87 −4.88 pp
2012 63.75 −3.09 pp
2011 66.84 −1.32 pp
2010 68.17 +12.09 pp
2009 56.08 −11.84 pp
2008 67.92 −4.26 pp
2007 72.17 +4.15 pp
2006 68.02 +6.11 pp
2005 61.91 +3.33 pp
2004 58.58 −3.31 pp
2003 61.89 +5.76 pp
2002 56.13 −2.05 pp
2001 58.18 −2.18 pp
2000 60.37 +3.97 pp
1999 56.39 +4.68 pp
1998 51.72 +7 pp
1997 44.71 +1.62 pp
1996 43.09 +1.14 pp
1995 41.95 −0.11 pp
1994 42.06 −1.32 pp
1993 43.38 −2.02 pp
1992 45.39 −4.14 pp
1991 49.53 −3.67 pp
1990 53.2

Melanesia, 2024

The same indicator for neighboring countries — with links to their pages

About the indicator

The sum of exports and imports of goods and services as a percent of GDP — the standard indicator of the trade openness of an economy. Values above 100% are not an anomaly: they mean that trade turnover exceeds annual GDP, which is typical of trading hubs and of small economies built into supply chains.

Source: World Development Indicators (World Bank), license CC BY 4.0.