Gross fixed capital formation (current US$) in New Caledonia
New Caledonia: Gross fixed capital formation (current US$) was 1.89 billion current US$ in 2024. ▲ Rising
Gross fixed capital formation in New Caledonia, 1990–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for gross fixed capital formation in New Caledonia is 1.89 billion current US$, measured in 2024.
The figure is down 24.3% on the previous year and down 49.2% over ten years.
Over the whole period, gross fixed capital formation in New Caledonia peaked at 4.44 billion current US$ in 2011 and was at its lowest, 721.02 million current US$, in 1998.
That places New Caledonia 145th out of 181 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 28 years of available data.
Gross fixed capital formation (current US$) in New Caledonia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1990 | 832.19 million current US$ | — |
| 1998 | 721.02 million current US$ | -13.4% |
| 1999 | 824.00 million current US$ | +14.3% |
| 2000 | 746.71 million current US$ | -9.4% |
| 2001 | 760.95 million current US$ | +1.9% |
| 2002 | 924.43 million current US$ | +21.5% |
| 2003 | 1.42 billion current US$ | +53.4% |
| 2004 | 1.48 billion current US$ | +4.5% |
| 2005 | 1.77 billion current US$ | +19.8% |
| 2006 | 2.44 billion current US$ | +37.3% |
| 2007 | 3.18 billion current US$ | +30.7% |
| 2008 | 3.74 billion current US$ | +17.6% |
| 2009 | 3.26 billion current US$ | -12.9% |
| 2010 | 4.03 billion current US$ | +23.7% |
| 2011 | 4.44 billion current US$ | +10.0% |
| 2012 | 4.05 billion current US$ | -8.7% |
| 2013 | 3.83 billion current US$ | -5.3% |
| 2014 | 3.72 billion current US$ | -3.0% |
| 2015 | 3.07 billion current US$ | -17.5% |
| 2016 | 2.59 billion current US$ | -15.7% |
| 2017 | 2.56 billion current US$ | -1.1% |
| 2018 | 2.73 billion current US$ | +6.7% |
| 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 50.73 billion current US$, 4% of the median. (64 countries reporting)
- New Caledonia's 1.89 billion current US$ is below the median for East Asia & Pacific, which is 6.21 billion current US$, 30% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 792.40 million current US$ | 721.02 million current US$ | 832.19 million current US$ | 3 |
| 2000s | 1.97 billion current US$ | 746.71 million current US$ | 3.74 billion current US$ | 10 |
| 2010s | 3.38 billion current US$ | 2.56 billion current US$ | 4.44 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 fixed capital formation in New Caledonia?
- Gross fixed capital formation in New Caledonia was 1.89 billion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross fixed capital formation recorded in New Caledonia?
- The highest recorded value was 4.44 billion current US$ in 2011.
- What is the lowest gross fixed capital formation recorded in New Caledonia?
- The lowest recorded value was 721.02 million current US$ in 1998.
- How does New Caledonia rank for gross fixed capital formation?
- New Caledonia ranks 145th 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 49.2%. 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 Offices (NSOs), published as part of Gross fixed capital formation (current US$). 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 indicator is expressed in United States dollars.