Gross capital formation (current LCU), per unit of GDP (current unit) in New Caledonia
New Caledonia: Gross capital formation (current LCU), per unit of GDP (current unit) was 24.4 current LCU per US$ of GDP in 2024. ▲ Rising
Gross capital formation (current LCU), per unit of GDP in New Caledonia, 1981–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2024, gross capital formation (current lcu), per unit of gdp in New Caledonia stood at 24.4 current LCU per US$ of GDP.
That represents a change of down 13.5% on the previous year and down 23.7% over ten years.
Over the whole period, gross capital formation (current lcu), per unit of gdp in New Caledonia peaked at 38.2 current LCU per US$ of GDP in 2010 and was at its lowest, 16.86 current LCU per US$ of GDP, in 1981.
New Caledonia ranks 56th of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 34 years of available data.
Gross capital formation (current LCU), per unit of GDP (current unit) in New Caledonia, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1981 | 16.86 current LCU per US$ of GDP | — |
| 1982 | 21.67 current LCU per US$ of GDP | +28.5% |
| 1983 | 23.18 current LCU per US$ of GDP | +7.0% |
| 1984 | 23.11 current LCU per US$ of GDP | -0.3% |
| 1985 | 22.93 current LCU per US$ of GDP | -0.8% |
| 1986 | 26.3 current LCU per US$ of GDP | +14.7% |
| 1990 | 31.09 current LCU per US$ of GDP | +18.2% |
| 1998 | 22.81 current LCU per US$ of GDP | -26.6% |
| 1999 | 25.04 current LCU per US$ of GDP | +9.8% |
| 2000 | 29.64 current LCU per US$ of GDP | +18.4% |
| 2001 | 30.54 current LCU per US$ of GDP | +3.0% |
| 2002 | 30.92 current LCU per US$ of GDP | +1.2% |
| 2003 | 31.05 current LCU per US$ of GDP | +0.4% |
| 2004 | 25.52 current LCU per US$ of GDP | -17.8% |
| 2005 | 28.63 current LCU per US$ of GDP | +12.2% |
| 2006 | 32.19 current LCU per US$ of GDP | +12.4% |
| 2007 | 32.72 current LCU per US$ of GDP | +1.6% |
| 2008 | 33.51 current LCU per US$ of GDP | +2.4% |
| 2009 | 29.12 current LCU per US$ of GDP | -13.1% |
| 2010 | 38.2 current LCU per US$ of GDP | +31.2% |
| 2011 | 35.72 current LCU per US$ of GDP | -6.5% |
| 2012 | 38 current LCU per US$ of GDP | +6.4% |
| 2013 | 35.35 current LCU per US$ of GDP | -7.0% |
| 2014 | 31.98 current LCU per US$ of GDP | -9.5% |
| 2015 | 37.35 current LCU per US$ of GDP | +16.8% |
| 2016 | 31.52 current LCU per US$ of GDP | -15.6% |
| 2017 | 29.36 current LCU per US$ of GDP | -6.9% |
| 2018 | 27.89 current LCU per US$ of GDP | -5.0% |
| 2019 | 31.4 current LCU per US$ of GDP | +12.6% |
| 2020 | 28.6 current LCU per US$ of GDP | -8.9% |
| 2021 | 26.45 current LCU per US$ of GDP | -7.5% |
| 2022 | 29.7 current LCU per US$ of GDP | +12.3% |
| 2023 | 28.2 current LCU per US$ of GDP | -5.0% |
| 2024 | 24.4 current LCU per US$ of GDP | -13.5% |
New Caledonia compared with similar countries
- New Caledonia's 24.4 current LCU per US$ of GDP is above the median for high income countries, which is 0.3353 current LCU per US$ of GDP, 72.8× the median. (67 countries reporting)
- New Caledonia's 24.4 current LCU per US$ of GDP is above the median for East Asia & Pacific, which is 1.43 current LCU per US$ of GDP, 17.1× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 22.34 current LCU per US$ of GDP | 16.86 current LCU per US$ of GDP | 26.3 current LCU per US$ of GDP | 6 |
| 1990s | 26.31 current LCU per US$ of GDP | 22.81 current LCU per US$ of GDP | 31.09 current LCU per US$ of GDP | 3 |
| 2000s | 30.38 current LCU per US$ of GDP | 25.52 current LCU per US$ of GDP | 33.51 current LCU per US$ of GDP | 10 |
| 2010s | 33.68 current LCU per US$ of GDP | 27.89 current LCU per US$ of GDP | 38.2 current LCU per US$ of GDP | 10 |
| 2020s | 27.47 current LCU per US$ of GDP | 24.4 current LCU per US$ of GDP | 29.7 current LCU per US$ of GDP | 5 |
Countries ranked near New Caledonia
- 53 India 30.22 current LCU per US$ of GDP compare
- 54 Gambia 28.97 current LCU per US$ of GDP compare
- 55 Kyrgyzstan 24.43 current LCU per US$ of GDP compare
- 57 Serbia 24.31 current LCU per US$ of GDP compare
- 58 French Polynesia 24.16 current LCU per US$ of GDP compare
- 59 Ethiopia 24.03 current LCU per US$ of GDP 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), per unit of gdp in New Caledonia?
- Gross capital formation (current lcu), per unit of gdp in New Caledonia was 24.4 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross capital formation (current lcu), per unit of gdp recorded in New Caledonia?
- The highest recorded value was 38.2 current LCU per US$ of GDP in 2010.
- What is the lowest gross capital formation (current lcu), per unit of gdp recorded in New Caledonia?
- The lowest recorded value was 16.86 current LCU per US$ of GDP in 1981.
- How does New Caledonia rank for gross capital formation (current lcu), per unit of gdp?
- New Caledonia ranks 56th out of 187 countries with data for 2024.
- Is gross capital formation (current lcu), per unit of gdp rising or falling in New Caledonia?
- Over the last ten years it is down 23.7%. The long-run trend across the full record is rising.
- Where does this New Caledonia data come from?
- The figures come from Statizoid (derived), published as part of Gross capital formation (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross capital formation (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross capital formation (current LCU) ÷ GDP (current US$)
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- GDP 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
Gross capital formation (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.