Gross Fixed Capital Formation — Share of GDP US$, 2015 prices in New Caledonia
New Caledonia: Gross Fixed Capital Formation — Share of GDP US$, 2015 prices was 29.19 % in 2024. ▲ Rising
Gross Fixed Capital Formation — Share of GDP US$, 2015 prices in New Caledonia, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
The most recent figure for gross fixed capital formation — share of gdp us$, 2015 prices in New Caledonia is 29.19 %, measured in 2024.
The figure is down 0.6% on the previous year and down 14.5% over ten years.
Over the whole period, gross fixed capital formation — share of gdp us$, 2015 prices in New Caledonia peaked at 46.48 % in 1970 and was at its lowest, 15.06 %, in 1985.
That places New Caledonia 39th out of 203 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital Formation — Share of GDP US$, 2015 prices in New Caledonia, year by year
| Year | % | Change |
|---|---|---|
| 1970 | 46.48 % | — |
| 1971 | 39.26 % | -15.5% |
| 1972 | 37.15 % | -5.4% |
| 1973 | 29.03 % | -21.8% |
| 1974 | 27.79 % | -4.3% |
| 1975 | 28.46 % | +2.4% |
| 1976 | 23.41 % | -17.7% |
| 1977 | 21.72 % | -7.2% |
| 1978 | 23.46 % | +8.0% |
| 1979 | 23.12 % | -1.5% |
| 1980 | 21.91 % | -5.2% |
| 1981 | 17.5 % | -20.1% |
| 1982 | 18.86 % | +7.8% |
| 1983 | 17.07 % | -9.5% |
| 1984 | 16.47 % | -3.5% |
| 1985 | 15.06 % | -8.6% |
| 1986 | 19.83 % | +31.7% |
| 1987 | 23.89 % | +20.5% |
| 1988 | 19.82 % | -17.0% |
| 1989 | 20.74 % | +4.7% |
| 1990 | 23.81 % | +14.8% |
| 1991 | 23.33 % | -2.0% |
| 1992 | 23.18 % | -0.7% |
| 1993 | 20.81 % | -10.2% |
| 1994 | 20.87 % | +0.3% |
| 1995 | 20.6 % | -1.3% |
| 1996 | 20.96 % | +1.8% |
| 1997 | 21.05 % | +0.4% |
| 1998 | 19.79 % | -6.0% |
| 1999 | 22.05 % | +11.4% |
| 2000 | 21.31 % | -3.3% |
| 2001 | 22.52 % | +5.7% |
| 2002 | 24.13 % | +7.1% |
| 2003 | 28.17 % | +16.8% |
| 2004 | 24.54 % | -12.9% |
| 2005 | 27.77 % | +13.2% |
| 2006 | 34.07 % | +22.7% |
| 2007 | 35.23 % | +3.4% |
| 2008 | 40.31 % | +14.4% |
| 2009 | 36.57 % | -9.3% |
| 2010 | 42.04 % | +15.0% |
| 2011 | 41.83 % | -0.5% |
| 2012 | 40.92 % | -2.2% |
| 2013 | 36.87 % | -9.9% |
| 2014 | 34.14 % | -7.4% |
| 2015 | 34.72 % | +1.7% |
| 2016 | 34.24 % | -1.4% |
| 2017 | 32.8 % | -4.2% |
| 2018 | 31.64 % | -3.5% |
| 2019 | 31.41 % | -0.7% |
| 2020 | 31.73 % | +1.0% |
| 2021 | 31.71 % | -0.1% |
| 2022 | 29.91 % | -5.6% |
| 2023 | 29.37 % | -1.8% |
| 2024 | 29.19 % | -0.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 29.99 % | 21.72 % | 46.48 % | 10 |
| 1980s | 19.11 % | 15.06 % | 23.89 % | 10 |
| 1990s | 21.64 % | 19.79 % | 23.81 % | 10 |
| 2000s | 29.46 % | 21.31 % | 40.31 % | 10 |
| 2010s | 36.06 % | 31.41 % | 42.04 % | 10 |
| 2020s | 30.38 % | 29.19 % | 31.73 % | 5 |
Countries ranked near New Caledonia
- 36 Saudi Arabia 30.1 % compare
- 37 Republic of Korea 29.86 % compare
- 38 Nepal 29.69 % compare
- 40 Sao Tome and Principe 29.17 % compare
- 41 Brunei Darussalam 29.11 % compare
- 42 Anguilla 29.08 % compare
More economy & growth data for New Caledonia
- Exports of goods and services (current LCU), annual growth rate -39.6 % change on previous year (2024)
- Exports of goods and services (current LCU), per unit of GDP 12.9 current LCU per US$ of GDP (2024)
- Exports of goods and services (current LCU), per capita 376,850 current LCU per person (2024)
- Gross fixed capital formation (current US$), annual growth rate -24.27 % change on previous year (2024)
- Gross fixed capital formation (current US$), per unit of GDP 0.2212 current US$ per US$ of GDP (2024)
- Gross fixed capital formation (current US$), per capita 6,462 current US$ per person (2024)
- Gross fixed capital formation (current LCU), per unit of GDP 24.4 current LCU per US$ of GDP (2024)
- Gross fixed capital formation (current LCU), per capita 712,762 current LCU per person (2024)
- 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)
Frequently asked questions
- What is gross fixed capital formation — share of gdp us$, 2015 prices in New Caledonia?
- Gross fixed capital formation — share of gdp us$, 2015 prices in New Caledonia was 29.19 % in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — share of gdp us$, 2015 prices recorded in New Caledonia?
- The highest recorded value was 46.48 % in 1970.
- What is the lowest gross fixed capital formation — share of gdp us$, 2015 prices recorded in New Caledonia?
- The lowest recorded value was 15.06 % in 1985.
- How does New Caledonia rank for gross fixed capital formation — share of gdp us$, 2015 prices?
- New Caledonia ranks 39th out of 203 countries with data for 2024.
- Is gross fixed capital formation — share of gdp us$, 2015 prices rising or falling in New Caledonia?
- Over the last ten years it is down 14.5%. The long-run trend across the full record is rising.
- Where does this New Caledonia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Share of GDP US$, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).