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New Caledonia Trade volume % GDP 2026: Interactive Chart & Historical Data

Trade volume % GDP in New Caledonia stood at 41.09% in 2024, according to World Bank. The latest value is down 13.27 percentage points from 54.36% in 2023. Ten years earlier, in 2014, the value was 46.24% (down 5.15 percentage points since). The highest value since 1965 was 117.6% in 1970, the lowest 36.75% in 1998. New Caledonia ranked 141st highest of the 199 countries in this dataset in 2024; Hong Kong ranked first.

Data source: World Bank · Unit: % · Category: Macroeconomics · Explore more indicators on EconDash

Data updated:Last checked:Frequency:AnnualCoverage:1960–2025
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What is Trade volume % GDP?

Trade volume % GDP, measured in %, measures the total economic output of New Caledonia. It represents the broadest indicator of economic activity, capturing production, income, and expenditure across all sectors — from manufacturing and services to agriculture and government. GDP can be calculated three ways: by adding up all expenditures (consumption + investment + government spending + net exports), by summing all incomes earned, or by totaling value added at each production stage. In New Caledonia, the statistical agency compiles GDP data through comprehensive surveys of businesses, government records, and household expenditure patterns. While GDP per capita provides insight into average living standards, it does not capture income distribution, environmental costs, or unpaid work like caregiving. Nevertheless, GDP growth remains the most widely followed metric for assessing whether an economy is expanding or contracting.

Key facts

What is the latest Trade volume % GDP in New Caledonia?

Trade volume % GDP in New Caledonia stood at 41.09% in 2024, according to World Bank.

Is Trade volume % GDP in New Caledonia rising or falling?

The latest value is down 13.27 percentage points from 54.36% in 2023. Ten years earlier, in 2014, the value was 46.24% (down 5.15 percentage points since).

How does New Caledonia rank for Trade volume % GDP?

New Caledonia ranked 141st highest of the 199 countries in this dataset in 2024; Hong Kong ranked first.

What is the highest Trade volume % GDP on record in New Caledonia?

The highest value since 1965 was 117.6% in 1970, the lowest 36.75% in 1998.

Metadata for Trade volume % GDP in New Caledonia
IndicatorTrade volume % GDP
CountryNew Caledonia
CategoryMacroeconomics
Unit%
SourceWorld Bank
Interactive chartView on EconDash
API accessEconDash API documentation

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Source:World Bank — series TG.VAL.TOTL.GD.ZS
License:CC BY 4.0
Cite this chart
APA

World Bank. (2026). Trade volume % GDP — New Caledonia [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/trade-volume-percent-gdp/NCL. Original source: https://data.worldbank.org/indicator/TG.VAL.TOTL.GD.ZS

MLA

World Bank. "Trade volume % GDP — New Caledonia." EconDash, 2026, https://econdash.org/chart/trade-volume-percent-gdp/NCL. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/TG.VAL.TOTL.GD.ZS.

Chicago

World Bank. 2026. "Trade volume % GDP — New Caledonia." EconDash. Accessed November 13, 2026. https://econdash.org/chart/trade-volume-percent-gdp/NCL. Original source: https://data.worldbank.org/indicator/TG.VAL.TOTL.GD.ZS.

BibTeX
@misc{econdash_trade_volume_percent_gdp_ncl,
  author = {{World Bank}},
  title = {{Trade volume \% GDP --- New Caledonia}},
  howpublished = {EconDash},
  year = {2026},
  url = {https://econdash.org/chart/trade-volume-percent-gdp/NCL},
  note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/TG.VAL.TOTL.GD.ZS}
}