Gross capital formation in New Caledonia
New Caledonia: Gross capital formation was 208.58 billion current LCU in 2024. ◆ Volatile
Gross capital formation in New Caledonia, 1981–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for gross capital formation in New Caledonia is 208.58 billion current LCU, measured in 2024.
Compared with earlier readings it is down 24.3% on the previous year and down 38.7% over ten years.
Over the whole period, gross capital formation in New Caledonia peaked at 369.75 billion current LCU in 2011 and was at its lowest, 16.40 billion current LCU, in 1981.
New Caledonia ranks 99th of 187 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation in New Caledonia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1981 | 16.40 billion current LCU | — |
| 1982 | 19.60 billion current LCU | +19.5% |
| 1983 | 19.10 billion current LCU | -2.6% |
| 1984 | 18.40 billion current LCU | -3.7% |
| 1985 | 19.60 billion current LCU | +6.5% |
| 1986 | 31.60 billion current LCU | +61.2% |
| 1990 | 78.63 billion current LCU | +148.8% |
| 1998 | 81.12 billion current LCU | +3.2% |
| 1999 | 91.34 billion current LCU | +12.6% |
| 2000 | 101.36 billion current LCU | +11.0% |
| 2001 | 100.70 billion current LCU | -0.7% |
| 2002 | 115.63 billion current LCU | +14.8% |
| 2003 | 152.60 billion current LCU | +32.0% |
| 2004 | 150.45 billion current LCU | -1.4% |
| 2005 | 178.60 billion current LCU | +18.7% |
| 2006 | 224.68 billion current LCU | +25.8% |
| 2007 | 288.55 billion current LCU | +28.4% |
| 2008 | 303.87 billion current LCU | +5.3% |
| 2009 | 253.50 billion current LCU | -16.6% |
| 2010 | 357.76 billion current LCU | +41.1% |
| 2011 | 369.75 billion current LCU | +3.3% |
| 2012 | 367.09 billion current LCU | -0.7% |
| 2013 | 358.86 billion current LCU | -2.2% |
| 2014 | 340.11 billion current LCU | -5.2% |
| 2015 | 326.33 billion current LCU | -4.1% |
| 2016 | 274.98 billion current LCU | -15.7% |
| 2017 | 269.32 billion current LCU | -2.1% |
| 2018 | 275.98 billion current LCU | +2.5% |
| 2019 | 297.51 billion current LCU | +7.8% |
| 2020 | 270.44 billion current LCU | -9.1% |
| 2021 | 266.38 billion current LCU | -1.5% |
| 2022 | 285.83 billion current LCU | +7.3% |
| 2023 | 275.54 billion current LCU | -3.6% |
| 2024 | 208.58 billion current LCU | -24.3% |
New Caledonia compared with similar countries
- New Caledonia's 208.58 billion current LCU is above the median for high income countries, which is 146.46 billion current LCU, 1.4× the median. (67 countries reporting)
- New Caledonia's 208.58 billion current LCU is above the median for East Asia & Pacific, which is 177.54 billion current LCU, 1.2× the median. (29 countries reporting)
Biggest year-on-year movements
Years where Gross capital formation 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 |
|---|---|---|---|
| 1990 | +148.8% | 31.60 billion current LCU | 78.63 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 20.78 billion current LCU | 16.40 billion current LCU | 31.60 billion current LCU | 6 |
| 1990s | 83.70 billion current LCU | 78.63 billion current LCU | 91.34 billion current LCU | 3 |
| 2000s | 187.00 billion current LCU | 100.70 billion current LCU | 303.87 billion current LCU | 10 |
| 2010s | 323.77 billion current LCU | 269.32 billion current LCU | 369.75 billion current LCU | 10 |
| 2020s | 261.35 billion current LCU | 208.58 billion current LCU | 285.83 billion current LCU | 5 |
Countries ranked near New Caledonia
- 96 Netherlands 233.77 billion current LCU compare
- 97 Afghanistan 215.62 billion current LCU compare
- 98 Nicaragua 209.78 billion current LCU compare
- 100 Mauritania 206.00 billion current LCU compare
- 101 Singapore 177.54 billion current LCU compare
- 102 Central African Republic 166.01 billion current LCU 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 in New Caledonia?
- Gross capital formation in New Caledonia was 208.58 billion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in New Caledonia?
- The highest recorded value was 369.75 billion current LCU in 2011.
- What is the lowest gross capital formation recorded in New Caledonia?
- The lowest recorded value was 16.40 billion current LCU in 1981.
- How does New Caledonia rank for gross capital formation?
- New Caledonia ranks 99th out of 187 countries with data for 2024.
- Is gross capital formation rising or falling in New Caledonia?
- Over the last ten years it is down 38.7%. The long-run trend across the full record is volatile.
- 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 Gross capital formation (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. 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.