Services, value added in New Caledonia
New Caledonia: Services, value added was 658.46 billion current LCU in 2019. ▲ Rising
Services, value added in New Caledonia, 1998–2019
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
New Caledonia recorded 658.46 billion current LCU for services, value added in 2019.
That represents a change of down 0.7% on the previous year and up 29.6% over ten years.
Over the whole period, services, value added in New Caledonia peaked at 663.21 billion current LCU in 2017 and was at its lowest, 270.49 billion current LCU, in 1998.
That places New Caledonia 97th out of 206 countries with data for 2019, putting it in the middle of the range.
The long-run direction has been consistently rising across the 21 years of available data.
Services, value added in New Caledonia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1998 | 270.49 billion current LCU | — |
| 1999 | 279.33 billion current LCU | +3.3% |
| 2000 | 293.76 billion current LCU | +5.2% |
| 2001 | 306.76 billion current LCU | +4.4% |
| 2002 | 325.26 billion current LCU | +6.0% |
| 2003 | 347.46 billion current LCU | +6.8% |
| 2004 | 369.20 billion current LCU | +6.3% |
| 2005 | 395.02 billion current LCU | +7.0% |
| 2006 | 419.24 billion current LCU | +6.1% |
| 2007 | 458.81 billion current LCU | +9.4% |
| 2008 | 489.18 billion current LCU | +6.6% |
| 2009 | 508.13 billion current LCU | +3.9% |
| 2010 | 546.85 billion current LCU | +7.6% |
| 2011 | 580.43 billion current LCU | +6.1% |
| 2012 | 603.97 billion current LCU | +4.1% |
| 2013 | 616.03 billion current LCU | +2.0% |
| 2014 | 635.38 billion current LCU | +3.1% |
| 2015 | 639.83 billion current LCU | +0.7% |
| 2016 | 654.37 billion current LCU | +2.3% |
| 2017 | 663.21 billion current LCU | +1.4% |
| 2019 | 658.46 billion current LCU | -0.7% |
New Caledonia compared with similar countries
- New Caledonia's 658.46 billion current LCU is above the median for high income countries, which is 204.15 billion current LCU, 3.2× the median. (77 countries reporting)
- New Caledonia's 658.46 billion current LCU is above the median for East Asia & Pacific, which is 565.23 billion current LCU, 1.2× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 274.91 billion current LCU | 270.49 billion current LCU | 279.33 billion current LCU | 2 |
| 2000s | 391.28 billion current LCU | 293.76 billion current LCU | 508.13 billion current LCU | 10 |
| 2010s | 622.06 billion current LCU | 546.85 billion current LCU | 663.21 billion current LCU | 9 |
Countries ranked near New Caledonia
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 services, value added in New Caledonia?
- Services, value added in New Caledonia was 658.46 billion current LCU in 2019, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in New Caledonia?
- The highest recorded value was 663.21 billion current LCU in 2017.
- What is the lowest services, value added recorded in New Caledonia?
- The lowest recorded value was 270.49 billion current LCU in 1998.
- How does New Caledonia rank for services, value added?
- New Caledonia ranks 97th out of 206 countries with data for 2019.
- Is services, value added rising or falling in New Caledonia?
- Over the last ten years it is up 29.6%. 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 Services, value added (current LCU). Statizoid updates them automatically from the source API.
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About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.