Gross capital formation (current LCU), annual growth rate (current) in New Caledonia
New Caledonia: Gross capital formation (current LCU), annual growth rate (current) was -24.3 % change on previous year in 2024. ◆ Volatile
Gross capital formation (current LCU), annual growth rate in New Caledonia, 1982–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross capital formation (current lcu), annual growth rate in New Caledonia is -24.3 % change on previous year, measured in 2024. That is the lowest value across all 31 years on record.
That represents a change of down 575.0% on the previous year and down 365.2% over ten years.
Over the whole period, gross capital formation (current lcu), annual growth rate in New Caledonia peaked at 61.22 % change on previous year in 1986 and was at its lowest, -24.3 % change on previous year, in 2024.
That places New Caledonia 181st out of 186 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (current LCU), annual growth rate (current) in New Caledonia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1982 | 19.51 % change on previous year | — |
| 1983 | -2.55 % change on previous year | -113.1% |
| 1984 | -3.66 % change on previous year | +43.7% |
| 1985 | 6.52 % change on previous year | -278.0% |
| 1986 | 61.22 % change on previous year | +838.8% |
| 1999 | 12.6 % change on previous year | -79.4% |
| 2000 | 10.97 % change on previous year | -12.9% |
| 2001 | -0.6511 % change on previous year | -105.9% |
| 2002 | 14.82 % change on previous year | -2376.3% |
| 2003 | 31.97 % change on previous year | +115.7% |
| 2004 | -1.41 % change on previous year | -104.4% |
| 2005 | 18.72 % change on previous year | -1424.7% |
| 2006 | 25.8 % change on previous year | +37.8% |
| 2007 | 28.43 % change on previous year | +10.2% |
| 2008 | 5.31 % change on previous year | -81.3% |
| 2009 | -16.58 % change on previous year | -412.2% |
| 2010 | 41.13 % change on previous year | -348.1% |
| 2011 | 3.35 % change on previous year | -91.9% |
| 2012 | -0.7194 % change on previous year | -121.5% |
| 2013 | -2.24 % change on previous year | +211.5% |
| 2014 | -5.22 % change on previous year | +133.1% |
| 2015 | -4.05 % change on previous year | -22.4% |
| 2016 | -15.73 % change on previous year | +288.3% |
| 2017 | -2.06 % change on previous year | -86.9% |
| 2018 | 2.47 % change on previous year | -220.2% |
| 2019 | 7.8 % change on previous year | +215.5% |
| 2020 | -9.1 % change on previous year | -216.7% |
| 2021 | -1.5 % change on previous year | -83.5% |
| 2022 | 7.3 % change on previous year | -586.6% |
| 2023 | -3.6 % change on previous year | -149.3% |
| 2024 | -24.3 % change on previous year | +575.0% |
New Caledonia compared with similar countries
- New Caledonia's -24.3 % change on previous year is below the median for high income countries, which is 4.47 % change on previous year. (67 countries reporting)
- New Caledonia's -24.3 % change on previous year is below the median for East Asia & Pacific, which is 4.28 % change on previous year. (29 countries reporting)
Biggest year-on-year movements
Years where Gross capital formation (current LCU), annual growth rate (current) in New Caledonia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2002 | +2376.3% | -0.6511 % change on previous year | 14.82 % change on previous year |
| 2005 | +1424.7% | -1.41 % change on previous year | 18.72 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 16.21 % change on previous year | -3.66 % change on previous year | 61.22 % change on previous year | 5 |
| 1990s | 12.6 % change on previous year | 12.6 % change on previous year | 12.6 % change on previous year | 1 |
| 2000s | 11.74 % change on previous year | -16.58 % change on previous year | 31.97 % change on previous year | 10 |
| 2010s | 2.47 % change on previous year | -15.73 % change on previous year | 41.13 % change on previous year | 10 |
| 2020s | -6.24 % change on previous year | -24.3 % change on previous year | 7.3 % change on previous year | 5 |
Countries ranked near New Caledonia
- 178 Kuwait -17.44 % change on previous year compare
- 179 San Marino -22.37 % change on previous year compare
- 180 Namibia -22.54 % change on previous year compare
- 182 South Sudan -24.48 % change on previous year compare
- 183 Eswatini -24.97 % change on previous year compare
- 184 Sudan -56.5 % change on previous year compare
More economy & growth data for New Caledonia
- Foreign direct investment, net outflows (BoP, current US$), gaps 45.87 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0054 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 156.75 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 725.76 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 5.6 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0849 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 2,480 BoP, current US$ per person (2024)
- General government final consumption expenditure (current US$) 1.06 % change on previous year (2017)
- General government final consumption expenditure (current US$), per 0.2351 current US$ per US$ of GDP (2017)
- General government final consumption expenditure (current US$), per 7,608 current US$ per person (2017)
Frequently asked questions
- What is gross capital formation (current lcu), annual growth rate in New Caledonia?
- Gross capital formation (current lcu), annual growth rate in New Caledonia was -24.3 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross capital formation (current lcu), annual growth rate recorded in New Caledonia?
- The highest recorded value was 61.22 % change on previous year in 1986.
- What is the lowest gross capital formation (current lcu), annual growth rate recorded in New Caledonia?
- The lowest recorded value was -24.3 % change on previous year in 2024.
- How does New Caledonia rank for gross capital formation (current lcu), annual growth rate?
- New Caledonia ranks 181st out of 186 countries with data for 2024.
- Is gross capital formation (current lcu), annual growth rate rising or falling in New Caledonia?
- Over the last ten years it is down 365.2%. The long-run trend across the full record is volatile.
- Where does this New Caledonia data come from?
- The figures come from Statizoid (derived), published as part of Gross capital formation (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross capital formation (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross capital formation (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.