Discrepancy in expenditure estimate of GDP in New Caledonia
New Caledonia: Discrepancy in expenditure estimate of GDP was 46.15 billion current LCU in 2024. ◆ Volatile
Discrepancy in expenditure estimate of GDP in New Caledonia, 1990–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for discrepancy in expenditure estimate of gdp in New Caledonia is 46.15 billion current LCU, measured in 2024.
Compared with earlier readings it is down 52.9% on the previous year and down 16.5% over five years.
Over the whole period, discrepancy in expenditure estimate of gdp in New Caledonia peaked at 128.20 billion current LCU in 2022 and was at its lowest, -4.70 billion current LCU, in 1990.
That places New Caledonia 17th out of 186 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Discrepancy in expenditure estimate of GDP in New Caledonia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | -4.70 billion current LCU | — |
| 1998 | 100 current LCU | -100.0% |
| 1999 | 0 current LCU | -100.0% |
| 2000 | 100 current LCU | — |
| 2001 | 0 current LCU | -100.0% |
| 2002 | 0 current LCU | — |
| 2003 | 0 current LCU | — |
| 2004 | 0 current LCU | — |
| 2005 | 0 current LCU | — |
| 2006 | 0 current LCU | — |
| 2007 | 100 current LCU | — |
| 2008 | 24,100 current LCU | +24000.0% |
| 2009 | 0 current LCU | -100.0% |
| 2010 | 0 current LCU | — |
| 2011 | 0 current LCU | — |
| 2012 | 0 current LCU | — |
| 2013 | 0 current LCU | — |
| 2014 | 0 current LCU | — |
| 2015 | 0 current LCU | — |
| 2016 | 0 current LCU | — |
| 2017 | 0 current LCU | — |
| 2018 | 26.36 billion current LCU | — |
| 2019 | 55.24 billion current LCU | +109.6% |
| 2020 | 37.33 billion current LCU | -32.4% |
| 2021 | 84.61 billion current LCU | +126.6% |
| 2022 | 128.20 billion current LCU | +51.5% |
| 2023 | 98.00 billion current LCU | -23.6% |
| 2024 | 46.15 billion current LCU | -52.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -1.57 billion current LCU | -4.70 billion current LCU | 100 current LCU | 3 |
| 2000s | 2,430 current LCU | 0 current LCU | 24,100 current LCU | 10 |
| 2010s | 8.16 billion current LCU | 0 current LCU | 55.24 billion current LCU | 10 |
| 2020s | 78.86 billion current LCU | 37.33 billion current LCU | 128.20 billion current LCU | 5 |
Countries ranked near New Caledonia
- 14 Iran, Islamic Republic of 60.34 billion current LCU compare
- 15 Mauritius 54.73 billion current LCU compare
- 16 Zambia 53.45 billion current LCU compare
- 18 Libya 42.74 billion current LCU compare
- 19 United Arab Emirates 31.19 billion current LCU compare
- 20 Turkmenistan 24.48 billion current LCU compare
More economy & growth data for New Caledonia
- Gross value added at basic prices (GVA) (current US$), annual growth 5.27 % change on previous year (2017)
- Services, value added (current US$), annual growth rate 3.44 % change on previous year (2017)
- Services, value added (current US$), per unit of GDP 0.6519 current US$ per US$ of GDP (2019)
- Services, value added (current US$), per capita 21,782 current US$ per person (2019)
- Services, value added (current LCU), annual growth rate 1.35 % change on previous year (2017)
- Services, value added (current LCU), per unit of GDP 69.49 current LCU per US$ of GDP (2019)
- Services, value added (current LCU), per capita 2.32 million current LCU per person (2019)
- GDP deflator (base year varies by country), annual growth rate 1.13 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 3.18 million current LCU per person (2019)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 95.19 current LCU per US$ of GDP (2019)
Frequently asked questions
- What is discrepancy in expenditure estimate of gdp in New Caledonia?
- Discrepancy in expenditure estimate of gdp in New Caledonia was 46.15 billion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest discrepancy in expenditure estimate of gdp recorded in New Caledonia?
- The highest recorded value was 128.20 billion current LCU in 2022.
- What is the lowest discrepancy in expenditure estimate of gdp recorded in New Caledonia?
- The lowest recorded value was -4.70 billion current LCU in 1990.
- How does New Caledonia rank for discrepancy in expenditure estimate of gdp?
- New Caledonia ranks 17th out of 186 countries with data for 2024.
- 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 Discrepancy in expenditure estimate of GDP (current LCU). Statizoid updates them automatically from the source API.
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About this data
Although the SNA ensures there is perfect consistency between the three measures of GDP, this is a conceptual consistency that in general does not emerge naturally from data compilations. This is because of the wide disparity of data sources that must be called on and the fact that any error in any source will lead to a difference between at least two of the GDP measures. In practice it is inevitable that many such data errors will exist and will become apparent in exercises such as the balancing of supply and use tables. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.