Final consumption expenditure in New Caledonia
New Caledonia: Final consumption expenditure was 90.0% in 2024. ▼ Falling
Final consumption expenditure in New Caledonia, 1990–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
The most recent figure for final consumption expenditure in New Caledonia is 90.0%, measured in 2024.
That represents a change of up 8.3% on the previous year and up 4.4% over ten years.
Over the whole period, final consumption expenditure in New Caledonia peaked at 99.0% in 1998 and was at its lowest, 79.8%, in 2007.
New Caledonia ranks 49th of 188 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 28 years of available data.
Final consumption expenditure in New Caledonia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 86.7% | — |
| 1998 | 99.0% | +14.2% |
| 1999 | 97.2% | -1.9% |
| 2000 | 91.9% | -5.5% |
| 2001 | 97.8% | +6.5% |
| 2002 | 95.5% | -2.4% |
| 2003 | 91.2% | -4.5% |
| 2004 | 88.0% | -3.6% |
| 2005 | 89.1% | +1.3% |
| 2006 | 86.4% | -3.1% |
| 2007 | 79.8% | -7.6% |
| 2008 | 89.5% | +12.1% |
| 2009 | 91.2% | +1.9% |
| 2010 | 85.3% | -6.5% |
| 2011 | 85.0% | -0.4% |
| 2012 | 87.3% | +2.7% |
| 2013 | 88.1% | +0.9% |
| 2014 | 86.2% | -2.2% |
| 2015 | 89.2% | +3.5% |
| 2016 | 90.3% | +1.2% |
| 2017 | 89.1% | -1.3% |
| 2018 | 86.9% | -2.5% |
| 2019 | 86.6% | -0.3% |
| 2020 | 87.4% | +0.9% |
| 2021 | 86.2% | -1.4% |
| 2022 | 81.8% | -5.1% |
| 2023 | 83.1% | +1.6% |
| 2024 | 90.0% | +8.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 94.3% | 86.7% | 99.0% | 3 |
| 2000s | 90.1% | 79.8% | 97.8% | 10 |
| 2010s | 87.4% | 85.0% | 90.3% | 10 |
| 2020s | 85.7% | 81.8% | 90.0% | 5 |
Countries ranked near New Caledonia
- 46 Philippines 91.6% compare
- 47 Samoa 91.3% compare
- 48 Mozambique 90.1% compare
- 50 Bosnia and Herzegovina 89.7% compare
- 51 Fiji 89.3% compare
- 52 Venezuela, Bolivarian Republic of 89.3% compare
More economy & growth data for New Caledonia
- 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 US$), per unit of GDP 0.8931 current US$ per US$ of GDP (2019)
- Gross value added at basic prices (GVA) (current US$), per capita 29,839 current US$ per person (2019)
- Gross value added at basic prices (GVA) (current LCU), annual growth 3.14 % change on previous year (2017)
- Industry (including construction), value added (current US$), per 0.2233 current US$ per US$ of GDP (2019)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 95.19 current LCU per US$ of GDP (2019)
- GDP (current US$), per capita 29,213 current US$ per person (2024)
- GDP (current LCU), per unit of GDP 110.31 current LCU per US$ of GDP (2024)
- GDP (current LCU), annual growth rate -12.52 % change on previous year (2024)
- Industry (including construction), value added (current US$), per 7,460 current US$ per person (2019)
Frequently asked questions
- What is final consumption expenditure in New Caledonia?
- Final consumption expenditure in New Caledonia was 90.0% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest final consumption expenditure recorded in New Caledonia?
- The highest recorded value was 99.0% in 1998.
- What is the lowest final consumption expenditure recorded in New Caledonia?
- The lowest recorded value was 79.8% in 2007.
- How does New Caledonia rank for final consumption expenditure?
- New Caledonia ranks 49th out of 188 countries with data for 2024.
- Is final consumption expenditure rising or falling in New Caledonia?
- Over the last ten years it is up 4.4%. The long-run trend across the full record is falling.
- 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 Final consumption expenditure (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.