Gross capital formation (current US$) in New Caledonia
New Caledonia: Gross capital formation (current US$) was 1.89 billion current US$ 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 US$.
Analysis
The most recent figure for gross capital formation in New Caledonia is 1.89 billion current US$, measured in 2024.
Compared with earlier readings it is down 24.3% on the previous year and down 50.1% over ten years.
Over the whole period, gross capital formation in New Caledonia peaked at 4.31 billion current US$ in 2011 and was at its lowest, 115.80 million current US$, in 1984.
New Caledonia ranks 148th of 187 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (current US$) in New Caledonia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1981 | 165.97 million current US$ | — |
| 1982 | 164.03 million current US$ | -1.2% |
| 1983 | 137.84 million current US$ | -16.0% |
| 1984 | 115.80 million current US$ | -16.0% |
| 1985 | 119.97 million current US$ | +3.6% |
| 1986 | 250.94 million current US$ | +109.2% |
| 1990 | 794.24 million current US$ | +216.5% |
| 1998 | 756.30 million current US$ | -4.8% |
| 1999 | 815.79 million current US$ | +7.9% |
| 2000 | 784.55 million current US$ | -3.8% |
| 2001 | 755.82 million current US$ | -3.7% |
| 2002 | 916.24 million current US$ | +21.2% |
| 2003 | 1.45 billion current US$ | +57.9% |
| 2004 | 1.57 billion current US$ | +8.4% |
| 2005 | 1.86 billion current US$ | +18.7% |
| 2006 | 2.36 billion current US$ | +27.0% |
| 2007 | 3.31 billion current US$ | +40.2% |
| 2008 | 3.75 billion current US$ | +13.0% |
| 2009 | 2.96 billion current US$ | -20.9% |
| 2010 | 3.97 billion current US$ | +34.1% |
| 2011 | 4.31 billion current US$ | +8.5% |
| 2012 | 3.95 billion current US$ | -8.4% |
| 2013 | 3.99 billion current US$ | +1.1% |
| 2014 | 3.79 billion current US$ | -5.2% |
| 2015 | 3.03 billion current US$ | -19.9% |
| 2016 | 2.55 billion current US$ | -15.9% |
| 2017 | 2.55 billion current US$ | -0.0% |
| 2018 | 2.73 billion current US$ | +7.1% |
| 2019 | 2.79 billion current US$ | +2.2% |
| 2020 | 2.58 billion current US$ | -7.5% |
| 2021 | 2.64 billion current US$ | +2.2% |
| 2022 | 2.52 billion current US$ | -4.6% |
| 2023 | 2.50 billion current US$ | -0.9% |
| 2024 | 1.89 billion current US$ | -24.3% |
New Caledonia compared with similar countries
- New Caledonia's 1.89 billion current US$ is below the median for high income countries, which is 48.39 billion current US$, 4% of the median. (67 countries reporting)
- New Caledonia's 1.89 billion current US$ is below the median for East Asia & Pacific, which is 6.38 billion current US$, 30% of the median. (29 countries reporting)
Biggest year-on-year movements
Years where Gross capital formation (current US$) 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 | +216.5% | 250.94 million current US$ | 794.24 million current US$ |
| 1986 | +109.2% | 119.97 million current US$ | 250.94 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 159.09 million current US$ | 115.80 million current US$ | 250.94 million current US$ | 6 |
| 1990s | 788.78 million current US$ | 756.30 million current US$ | 815.79 million current US$ | 3 |
| 2000s | 1.97 billion current US$ | 755.82 million current US$ | 3.75 billion current US$ | 10 |
| 2010s | 3.37 billion current US$ | 2.55 billion current US$ | 4.31 billion current US$ | 10 |
| 2020s | 2.43 billion current US$ | 1.89 billion current US$ | 2.64 billion current US$ | 5 |
Countries ranked near New Caledonia
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 1.89 billion current US$ 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 4.31 billion current US$ in 2011.
- What is the lowest gross capital formation recorded in New Caledonia?
- The lowest recorded value was 115.80 million current US$ in 1984.
- How does New Caledonia rank for gross capital formation?
- New Caledonia ranks 148th 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 50.1%. 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 US$). 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 indicator is expressed in United States dollars.