Gross savings in New Caledonia
New Caledonia: Gross savings was 19.3% in 2016. ▼ Falling
Gross savings in New Caledonia, 2002–2016
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
New Caledonia recorded 19.3% for gross savings in 2016.
That represents a change of down 2.9% on the previous year and down 25.2% over ten years.
Over the whole period, gross savings in New Caledonia peaked at 31.2% in 2007 and was at its lowest, 19.1%, in 2013.
That places New Caledonia 104th out of 178 countries with data for 2016, putting it in the middle of the range.
The long-run direction has been consistently falling across the 15 years of available data.
Gross savings in New Caledonia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2002 | 19.8% | — |
| 2003 | 23.0% | +16.3% |
| 2004 | 26.1% | +13.8% |
| 2005 | 25.3% | -3.3% |
| 2006 | 25.8% | +2.1% |
| 2007 | 31.2% | +20.6% |
| 2008 | 23.1% | -25.8% |
| 2009 | 22.0% | -4.8% |
| 2010 | 25.7% | +16.7% |
| 2011 | 25.6% | -0.6% |
| 2012 | 19.2% | -25.0% |
| 2013 | 19.1% | -0.1% |
| 2014 | 21.6% | +12.6% |
| 2015 | 19.9% | -7.6% |
| 2016 | 19.3% | -2.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 24.5% | 19.8% | 31.2% | 8 |
| 2010s | 21.5% | 19.1% | 25.7% | 7 |
Countries ranked near New Caledonia
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 savings in New Caledonia?
- Gross savings in New Caledonia was 19.3% in 2016, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in New Caledonia?
- The highest recorded value was 31.2% in 2007.
- What is the lowest gross savings recorded in New Caledonia?
- The lowest recorded value was 19.1% in 2013.
- How does New Caledonia rank for gross savings?
- New Caledonia ranks 104th out of 178 countries with data for 2016.
- Is gross savings rising or falling in New Caledonia?
- Over the last ten years it is down 25.2%. The long-run trend across the full record is falling.
- Where does this New Caledonia data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. 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.