Gross fixed capital formation in New Caledonia
New Caledonia: Gross fixed capital formation was 22.1% in 2024. ▬ Flat
Gross fixed capital formation 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 fixed capital formation in New Caledonia is 22.1%, measured in 2024.
That represents a change of down 13.5% on the previous year and down 36.8% over ten years.
Over the whole period, gross fixed capital formation in New Caledonia peaked at 43.1% in 2010 and was at its lowest, 20.3%, in 1998.
That places New Caledonia 92nd out of 181 countries with data for 2024, putting it in the middle of the range.
Gross fixed capital formation in New Caledonia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 32.9% | — |
| 1998 | 20.3% | -38.4% |
| 1999 | 22.6% | +11.4% |
| 2000 | 21.8% | -3.3% |
| 2001 | 23.1% | +5.7% |
| 2002 | 24.7% | +7.1% |
| 2003 | 28.9% | +16.8% |
| 2004 | 25.1% | -12.9% |
| 2005 | 28.4% | +13.2% |
| 2006 | 34.9% | +22.7% |
| 2007 | 36.1% | +3.4% |
| 2008 | 41.3% | +14.4% |
| 2009 | 37.5% | -9.3% |
| 2010 | 43.1% | +15.0% |
| 2011 | 42.9% | -0.5% |
| 2012 | 41.9% | -2.2% |
| 2013 | 37.8% | -9.9% |
| 2014 | 35.0% | -7.4% |
| 2015 | 35.1% | +0.4% |
| 2016 | 29.6% | -15.6% |
| 2017 | 27.9% | -5.9% |
| 2018 | 27.6% | -1.1% |
| 2019 | 29.5% | +6.7% |
| 2020 | 27.3% | -7.3% |
| 2021 | 26.2% | -4.0% |
| 2022 | 26.2% | -0.2% |
| 2023 | 25.6% | -2.3% |
| 2024 | 22.1% | -13.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 25.3% | 20.3% | 32.9% | 3 |
| 2000s | 30.2% | 21.8% | 41.3% | 10 |
| 2010s | 35.0% | 27.6% | 43.1% | 10 |
| 2020s | 25.5% | 22.1% | 27.3% | 5 |
Countries ranked near New Caledonia
- 89 Montenegro 22.3% compare
- 90 Guinea-Bissau 22.3% compare
- 91 Ireland 22.2% compare
- 93 Singapore 22.1% compare
- 94 Republic of Moldova 22.0% compare
- 95 France 22.0% compare
More economy & growth data for New Caledonia
- Gross capital formation (current US$), annual growth rate -24.27 % change on previous year (2024)
- Gross capital formation (current US$), per unit of GDP 0.2212 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), per capita 6,462 current US$ per person (2024)
- Gross capital formation (current LCU), annual growth rate -24.3 % change on previous year (2024)
- Gross capital formation (current LCU), per unit of GDP 24.4 current LCU per US$ of GDP (2024)
- Gross capital formation (current LCU), per capita 712,762 current LCU per person (2024)
- Imports of goods and services (current US$), annual growth rate -27.67 % change on previous year (2024)
- Imports of goods and services (current US$), per unit of GDP 0.2867 current US$ per US$ of GDP (2024)
- Imports of goods and services (current US$), per capita 8,377 current US$ per person (2024)
- Imports of goods and services (current LCU), annual growth rate -27.7 % change on previous year (2024)
Frequently asked questions
- What is gross fixed capital formation in New Caledonia?
- Gross fixed capital formation in New Caledonia was 22.1% 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 43.1% in 2010.
- What is the lowest gross fixed capital formation recorded in New Caledonia?
- The lowest recorded value was 20.3% in 1998.
- How does New Caledonia rank for gross fixed capital formation?
- New Caledonia ranks 92nd 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 36.8%. The long-run trend across the full record is flat.
- 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 (% of GDP). Statizoid updates them automatically from the source API.
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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 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.