Gross fixed capital formation in New Caledonia
New Caledonia: Gross fixed capital formation was 208.58 billion current LCU in 2024. ▲ Rising
Gross fixed capital formation in New Caledonia, 1990–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for gross fixed capital formation in New Caledonia is 208.58 billion current LCU, measured in 2024.
That represents a change of down 24.3% on the previous year and down 37.6% over ten years.
Over the whole period, gross fixed capital formation in New Caledonia peaked at 380.31 billion current LCU in 2011 and was at its lowest, 77.34 billion current LCU, in 1998.
That places New Caledonia 98th out of 181 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 28 years of available data.
Gross fixed capital formation in New Caledonia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 82.39 billion current LCU | — |
| 1998 | 77.34 billion current LCU | -6.1% |
| 1999 | 92.26 billion current LCU | +19.3% |
| 2000 | 96.48 billion current LCU | +4.6% |
| 2001 | 101.39 billion current LCU | +5.1% |
| 2002 | 116.66 billion current LCU | +15.1% |
| 2003 | 149.65 billion current LCU | +28.3% |
| 2004 | 142.17 billion current LCU | -5.0% |
| 2005 | 170.22 billion current LCU | +19.7% |
| 2006 | 231.52 billion current LCU | +36.0% |
| 2007 | 277.15 billion current LCU | +19.7% |
| 2008 | 303.82 billion current LCU | +9.6% |
| 2009 | 278.99 billion current LCU | -8.2% |
| 2010 | 363.02 billion current LCU | +30.1% |
| 2011 | 380.31 billion current LCU | +4.8% |
| 2012 | 376.11 billion current LCU | -1.1% |
| 2013 | 344.54 billion current LCU | -8.4% |
| 2014 | 334.16 billion current LCU | -3.0% |
| 2015 | 330.19 billion current LCU | -1.2% |
| 2016 | 278.86 billion current LCU | -15.5% |
| 2017 | 270.31 billion current LCU | -3.1% |
| 2018 | 275.98 billion current LCU | +2.1% |
| 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 147.41 billion current LCU, 1.4× the median. (64 countries reporting)
- New Caledonia's 208.58 billion current LCU is above the median for East Asia & Pacific, which is 174.36 billion current LCU, 1.2× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 84.00 billion current LCU | 77.34 billion current LCU | 92.26 billion current LCU | 3 |
| 2000s | 186.80 billion current LCU | 96.48 billion current LCU | 303.82 billion current LCU | 10 |
| 2010s | 325.10 billion current LCU | 270.31 billion current LCU | 380.31 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
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 fixed capital formation in New Caledonia?
- Gross fixed 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 fixed capital formation recorded in New Caledonia?
- The highest recorded value was 380.31 billion current LCU in 2011.
- What is the lowest gross fixed capital formation recorded in New Caledonia?
- The lowest recorded value was 77.34 billion current LCU in 1998.
- How does New Caledonia rank for gross fixed capital formation?
- New Caledonia ranks 98th out of 181 countries with data for 2024.
- Is gross fixed capital formation rising or falling in New Caledonia?
- Over the last ten years it is down 37.6%. 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 fixed capital formation (current LCU). 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 fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. 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.