Gross savings in New Caledonia
New Caledonia: Gross savings was 18.3% in 2016. ▼ Falling
Gross savings in New Caledonia, 2002–2016
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GNI.
Analysis
New Caledonia recorded 18.3% for gross savings in 2016. That is the lowest value across all 15 years on record.
The figure is down 3.1% on the previous year and down 25.0% over ten years.
Over the whole period, gross savings in New Caledonia peaked at 29.8% in 2007 and was at its lowest, 18.3%, in 2016.
That places New Caledonia 116th 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 GNI | Change |
|---|---|---|
| 2002 | 18.4% | — |
| 2003 | 21.5% | +16.7% |
| 2004 | 24.4% | +13.7% |
| 2005 | 23.5% | -3.9% |
| 2006 | 24.4% | +3.7% |
| 2007 | 29.8% | +22.4% |
| 2008 | 22.0% | -26.2% |
| 2009 | 20.9% | -5.1% |
| 2010 | 24.6% | +18.1% |
| 2011 | 24.6% | -0.1% |
| 2012 | 18.6% | -24.5% |
| 2013 | 18.5% | -0.3% |
| 2014 | 20.6% | +10.9% |
| 2015 | 18.9% | -8.3% |
| 2016 | 18.3% | -3.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 23.1% | 18.4% | 29.8% | 8 |
| 2010s | 20.6% | 18.3% | 24.6% | 7 |
Countries ranked near New Caledonia
- 113 Mexico 18.8% compare
- 114 Romania 18.5% compare
- 115 Lao People's Democratic Republic 18.4% compare
- 117 Madagascar 18.0% compare
- 118 Côte d'Ivoire 17.9% compare
- 119 Guyana 17.9%
More economy & growth data for New Caledonia
- 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)
- Imports of goods and services (current LCU), per unit of GDP 31.63 current LCU per US$ of GDP (2024)
- Imports of goods and services (current LCU), per capita 923,998 current LCU per person (2024)
- External balance on goods and services (current US$), annual growth 16.32 % change on previous year (2024)
- External balance on goods and services (current LCU), annual growth 16.35 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), annual 7.59 % change on previous year (2017)
- Agriculture, forestry, and fishing, value added (current LCU), per 1.9 current LCU per US$ of GDP (2019)
Frequently asked questions
- What is gross savings in New Caledonia?
- Gross savings in New Caledonia was 18.3% 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 29.8% in 2007.
- What is the lowest gross savings recorded in New Caledonia?
- The lowest recorded value was 18.3% in 2016.
- How does New Caledonia rank for gross savings?
- New Caledonia ranks 116th 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 25.0%. 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 GNI). 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 National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.