Services, value added (% of GDP) in New Caledonia
New Caledonia: Services, value added (% of GDP) was 65.2% in 2019. ▬ Flat
Services, value added in New Caledonia, 1998–2019
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
New Caledonia recorded 65.2% for services, value added in 2019.
Compared with earlier readings it is down 4.7% on the previous year and down 4.5% over ten years.
Over the whole period, services, value added in New Caledonia peaked at 70.9% in 1998 and was at its lowest, 59.7%, in 2007.
New Caledonia ranks 54th of 206 countries on this measure, in the middle of the range.
Services, value added (% of GDP) in New Caledonia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1998 | 70.9% | — |
| 1999 | 68.4% | -3.6% |
| 2000 | 66.5% | -2.8% |
| 2001 | 69.8% | +5.0% |
| 2002 | 68.9% | -1.3% |
| 2003 | 67.0% | -2.8% |
| 2004 | 65.3% | -2.6% |
| 2005 | 66.0% | +1.1% |
| 2006 | 63.2% | -4.3% |
| 2007 | 59.7% | -5.5% |
| 2008 | 66.5% | +11.3% |
| 2009 | 68.2% | +2.6% |
| 2010 | 64.9% | -4.9% |
| 2011 | 65.4% | +0.8% |
| 2012 | 67.3% | +2.9% |
| 2013 | 67.5% | +0.3% |
| 2014 | 66.5% | -1.5% |
| 2015 | 68.1% | +2.4% |
| 2016 | 69.6% | +2.2% |
| 2017 | 68.4% | -1.6% |
| 2019 | 65.2% | -4.7% |
New Caledonia compared with similar countries
- New Caledonia's 65.2% is below the median for high income countries, which is 66.2%, 99% of the median. (77 countries reporting)
- New Caledonia's 65.2% is above the median for East Asia & Pacific, which is 60.2%, 1.1× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 69.6% | 68.4% | 70.9% | 2 |
| 2000s | 66.1% | 59.7% | 69.8% | 10 |
| 2010s | 67.0% | 64.9% | 69.6% | 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 65.2% 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 70.9% in 1998.
- What is the lowest services, value added recorded in New Caledonia?
- The lowest recorded value was 59.7% in 2007.
- How does New Caledonia rank for services, value added?
- New Caledonia ranks 54th 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 down 4.5%. The long-run trend across the full record is flat.
- 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 (% of GDP). 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 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.