Gross domestic savings in New Caledonia
New Caledonia: Gross domestic savings was 10.0% in 2024. ▲ Rising
Gross domestic savings 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 gross domestic savings in New Caledonia is 10.0%, measured in 2024.
That represents a change of down 40.6% on the previous year and down 27.4% over ten years.
Over the whole period, gross domestic savings in New Caledonia peaked at 20.2% in 2007 and was at its lowest, 1.0%, in 1998.
New Caledonia ranks 140th of 188 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 28 years of available data.
Gross domestic savings in New Caledonia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 13.3% | — |
| 1998 | 1.0% | -92.8% |
| 1999 | 2.8% | +197.5% |
| 2000 | 8.1% | +186.7% |
| 2001 | 2.2% | -73.5% |
| 2002 | 4.5% | +108.0% |
| 2003 | 8.8% | +95.8% |
| 2004 | 12.0% | +37.0% |
| 2005 | 10.9% | -9.5% |
| 2006 | 13.6% | +25.5% |
| 2007 | 20.2% | +47.9% |
| 2008 | 10.5% | -48.0% |
| 2009 | 8.8% | -16.5% |
| 2010 | 14.7% | +67.4% |
| 2011 | 15.0% | +2.2% |
| 2012 | 12.7% | -15.5% |
| 2013 | 11.9% | -6.0% |
| 2014 | 13.8% | +15.9% |
| 2015 | 10.8% | -21.7% |
| 2016 | 9.7% | -10.0% |
| 2017 | 10.9% | +11.7% |
| 2018 | 13.1% | +20.6% |
| 2019 | 13.4% | +2.0% |
| 2020 | 12.6% | -5.8% |
| 2021 | 13.8% | +9.6% |
| 2022 | 18.2% | +31.8% |
| 2023 | 16.9% | -7.2% |
| 2024 | 10.0% | -40.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.7% | 1.0% | 13.3% | 3 |
| 2000s | 9.9% | 2.2% | 20.2% | 10 |
| 2010s | 12.6% | 9.7% | 15.0% | 10 |
| 2020s | 14.3% | 10.0% | 18.2% | 5 |
Countries ranked near New Caledonia
- 137 Venezuela, Bolivarian Republic of 10.7% compare
- 138 Fiji 10.7% compare
- 139 Bosnia and Herzegovina 10.3% compare
- 141 Mozambique 9.9% compare
- 142 Samoa 8.7% compare
- 143 Philippines 8.4% 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 domestic savings in New Caledonia?
- Gross domestic savings in New Caledonia was 10.0% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic savings recorded in New Caledonia?
- The highest recorded value was 20.2% in 2007.
- What is the lowest gross domestic savings recorded in New Caledonia?
- The lowest recorded value was 1.0% in 1998.
- How does New Caledonia rank for gross domestic savings?
- New Caledonia ranks 140th out of 188 countries with data for 2024.
- Is gross domestic savings rising or falling in New Caledonia?
- Over the last ten years it is down 27.4%. The long-run trend across the full record is rising.
- 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 domestic savings (% 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
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). 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.