Current account balance as a proportion of GDP in New Caledonia
New Caledonia: Current account balance as a proportion of GDP was -7.5% in 2016. ◆ Volatile
Current account balance as a proportion of GDP in New Caledonia, 2002–2016
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2016, current account balance as a proportion of gdp in New Caledonia stood at -7.5%.
Compared with earlier readings it is up 41.5% on the previous year and down 26.5% over ten years.
Over the whole period, current account balance as a proportion of gdp in New Caledonia peaked at 4.4% in 2004 and was at its lowest, -20.0%, in 2012.
New Caledonia ranks 160th of 204 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance as a proportion of GDP in New Caledonia, year by year
| Year | % | Change |
|---|---|---|
| 2002 | -2.9% | — |
| 2003 | -0.8% | -73.6% |
| 2004 | 4.4% | -675.6% |
| 2005 | -1.8% | -141.4% |
| 2006 | -5.9% | +228.9% |
| 2007 | -3.3% | -43.8% |
| 2008 | -15.6% | +369.4% |
| 2009 | -9.5% | -39.5% |
| 2010 | -14.5% | +53.5% |
| 2011 | -13.4% | -7.4% |
| 2012 | -20.0% | +48.9% |
| 2013 | -17.8% | -11.3% |
| 2014 | -12.2% | -31.2% |
| 2015 | -12.8% | +4.8% |
| 2016 | -7.5% | -41.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -4.4% | -15.6% | 4.4% | 8 |
| 2010s | -14.0% | -20.0% | -7.5% | 7 |
Countries ranked near New Caledonia
More economy & growth data for New Caledonia
- Households and NPISHs Final consumption expenditure (current LCU) -7.2 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 72.44 current LCU per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 2.12 million current LCU per person (2024)
- Final consumption expenditure (current US$), annual growth rate -5.26 % change on previous year (2024)
- Final consumption expenditure (current US$), per unit of GDP 0.8997 current US$ per US$ of GDP (2024)
- Final consumption expenditure (current US$), per capita 26,282 current US$ per person (2024)
- Final consumption expenditure (current LCU), annual growth rate -5.3 % change on previous year (2024)
- Final consumption expenditure (current LCU), per unit of GDP 99.24 current LCU per US$ of GDP (2024)
- Final consumption expenditure (current LCU), per capita 2.90 million current LCU per person (2024)
- Gross national expenditure (current US$), annual growth rate -9.74 % change on previous year (2024)
Frequently asked questions
- What is current account balance as a proportion of gdp in New Caledonia?
- Current account balance as a proportion of gdp in New Caledonia was -7.5% in 2016, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in New Caledonia?
- The highest recorded value was 4.4% in 2004.
- What is the lowest current account balance as a proportion of gdp recorded in New Caledonia?
- The lowest recorded value was -20.0% in 2012.
- How does New Caledonia rank for current account balance as a proportion of gdp?
- New Caledonia ranks 160th out of 204 countries with data for 2016.
- Is current account balance as a proportion of gdp rising or falling in New Caledonia?
- Over the last ten years it is down 26.5%. The long-run trend across the full record is volatile.
- Where does this New Caledonia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
Download this data
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