Gross value added at basic prices (GVA) in New Caledonia
New Caledonia: Gross value added at basic prices (GVA) was 8.46 billion current US$ in 2019. ▲ Rising
Gross value added at basic prices (GVA) in New Caledonia, 1998–2019
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2019, gross value added at basic prices (gva) in New Caledonia stood at 8.46 billion current US$.
That represents a change of up 3.6% on the previous year and up 8.6% over ten years.
Over the whole period, gross value added at basic prices (gva) in New Caledonia peaked at 9.53 billion current US$ in 2014 and was at its lowest, 2.95 billion current US$, in 2001.
New Caledonia ranks 156th of 207 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Gross value added at basic prices (GVA) in New Caledonia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1998 | 3.18 billion current US$ | — |
| 1999 | 3.25 billion current US$ | +2.4% |
| 2000 | 3.06 billion current US$ | -5.9% |
| 2001 | 2.95 billion current US$ | -3.7% |
| 2002 | 3.34 billion current US$ | +13.3% |
| 2003 | 4.39 billion current US$ | +31.4% |
| 2004 | 5.26 billion current US$ | +19.8% |
| 2005 | 5.57 billion current US$ | +6.0% |
| 2006 | 6.29 billion current US$ | +13.0% |
| 2007 | 7.97 billion current US$ | +26.7% |
| 2008 | 8.09 billion current US$ | +1.5% |
| 2009 | 7.79 billion current US$ | -3.7% |
| 2010 | 8.39 billion current US$ | +7.7% |
| 2011 | 9.26 billion current US$ | +10.3% |
| 2012 | 8.61 billion current US$ | -7.0% |
| 2013 | 9.08 billion current US$ | +5.5% |
| 2014 | 9.53 billion current US$ | +4.9% |
| 2015 | 7.81 billion current US$ | -18.0% |
| 2016 | 7.76 billion current US$ | -0.7% |
| 2017 | 8.17 billion current US$ | +5.3% |
| 2019 | 8.46 billion current US$ | +3.6% |
New Caledonia compared with similar countries
- New Caledonia's 8.46 billion current US$ is below the median for high income countries, which is 110.20 billion current US$, 8% of the median. (77 countries reporting)
- New Caledonia's 8.46 billion current US$ is below the median for East Asia & Pacific, which is 22.97 billion current US$, 37% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.21 billion current US$ | 3.18 billion current US$ | 3.25 billion current US$ | 2 |
| 2000s | 5.47 billion current US$ | 2.95 billion current US$ | 8.09 billion current US$ | 10 |
| 2010s | 8.56 billion current US$ | 7.76 billion current US$ | 9.53 billion current US$ | 9 |
Countries ranked near New Caledonia
- 153 Kosovo 9.78 billion current US$ compare
- 153 Kosovo (UNSCR 1244) 9.78 billion current US$ compare
- 155 Bermuda 8.86 billion current US$ compare
- 157 Liechtenstein 7.97 billion current US$ compare
- 158 Isle of Man 7.55 billion current US$ compare
- 159 Cayman Islands 7.35 billion current US$ compare
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 value added at basic prices (gva) in New Caledonia?
- Gross value added at basic prices (gva) in New Caledonia was 8.46 billion current US$ in 2019, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in New Caledonia?
- The highest recorded value was 9.53 billion current US$ in 2014.
- What is the lowest gross value added at basic prices (gva) recorded in New Caledonia?
- The lowest recorded value was 2.95 billion current US$ in 2001.
- How does New Caledonia rank for gross value added at basic prices (gva)?
- New Caledonia ranks 156th out of 207 countries with data for 2019.
- Is gross value added at basic prices (gva) rising or falling in New Caledonia?
- Over the last ten years it is up 8.6%. 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 value added at basic prices (GVA) (current US$). Statizoid updates them automatically from the source API.
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About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. 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.