Personal remittances, received in New Caledonia
New Caledonia: Personal remittances, received was 7.1% in 2016. ▼ Falling
Personal remittances, received in New Caledonia, 2002–2016
Source: Staff estimates, World Bank (WB). Measured in % of GDP.
Analysis
In 2016, personal remittances, received in New Caledonia stood at 7.1%.
That represents a change of up 1.5% on the previous year and down 7.5% over ten years.
Over the whole period, personal remittances, received in New Caledonia peaked at 9.1% in 2003 and was at its lowest, 5.3%, in 2010.
That places New Caledonia 48th out of 196 countries with data for 2016, putting it in the top quarter.
The long-run direction has been consistently falling across the 15 years of available data.
Personal remittances, received in New Caledonia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2002 | 8.9% | — |
| 2003 | 9.1% | +2.6% |
| 2004 | 8.4% | -8.4% |
| 2005 | 8.2% | -1.8% |
| 2006 | 7.7% | -6.3% |
| 2007 | 5.6% | -27.6% |
| 2008 | 6.0% | +7.8% |
| 2009 | 5.9% | -2.5% |
| 2010 | 5.3% | -10.2% |
| 2011 | 5.7% | +9.3% |
| 2012 | 7.4% | +28.9% |
| 2013 | 7.1% | -3.6% |
| 2014 | 6.8% | -5.0% |
| 2015 | 7.0% | +3.5% |
| 2016 | 7.1% | +1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.5% | 5.6% | 9.1% | 8 |
| 2010s | 6.6% | 5.3% | 7.4% | 7 |
Countries ranked near New Caledonia
- 45 Bangladesh 7.4% compare
- 46 Micronesia, Federated States of 7.4% compare
- 47 Croatia 7.2% compare
- 49 Fiji 7.1% compare
- 50 Saint Vincent and the Grenadines 7.0% compare
- 51 Sri Lanka 6.7% 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 personal remittances, received in New Caledonia?
- Personal remittances, received in New Caledonia was 7.1% in 2016, according to Staff estimates, World Bank (WB).
- What is the highest personal remittances, received recorded in New Caledonia?
- The highest recorded value was 9.1% in 2003.
- What is the lowest personal remittances, received recorded in New Caledonia?
- The lowest recorded value was 5.3% in 2010.
- How does New Caledonia rank for personal remittances, received?
- New Caledonia ranks 48th out of 196 countries with data for 2016.
- Is personal remittances, received rising or falling in New Caledonia?
- Over the last ten years it is down 7.5%. The long-run trend across the full record is falling.
- Where does this New Caledonia data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Personal remittances, received (% of GDP). Statizoid updates them automatically from the source API.
Download this data
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About this data
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees.