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 180 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.
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
- External balance on goods and services as a percent of GDP -17.0% (2024)
- Inflation of consumer prices 0.6% (2016)
- Share of manufacturing in gross domestic product (GDP) 5.6% (2017)
- DEC alternative conversion factor 105.86 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 65.72 billion current LCU (2023)
- Net secondary income (Net current transfers from abroad) 595.60 million current US$ (2023)
- Taxes less subsidies on products 104.00 billion current LCU (2019)
- Taxes less subsidies on products 975.71 million current US$ (2019)
- Net primary income (Net income from abroad) 30.43 billion current LCU (2024)
- Net primary income (Net income from abroad) 275.91 million current US$ (2024)
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 180 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.