Gross capital formation in New Caledonia
New Caledonia: Gross capital formation was 208.58 billion current LCU in 2024. ◆ Volatile
Gross capital formation in New Caledonia, 1981–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for gross capital formation in New Caledonia is 208.58 billion current LCU, measured in 2024.
Compared with earlier readings it is down 24.3% on the previous year and down 38.7% over ten years.
Over the whole period, gross capital formation in New Caledonia peaked at 369.75 billion current LCU in 2011 and was at its lowest, 16.40 billion current LCU, in 1981.
New Caledonia ranks 99th of 186 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 20.78 billion current LCU | 16.40 billion current LCU | 31.60 billion current LCU | 6 |
| 1990s | 83.70 billion current LCU | 78.63 billion current LCU | 91.34 billion current LCU | 3 |
| 2000s | 187.00 billion current LCU | 100.70 billion current LCU | 303.87 billion current LCU | 10 |
| 2010s | 323.77 billion current LCU | 269.32 billion current LCU | 369.75 billion current LCU | 10 |
| 2020s | 261.35 billion current LCU | 208.58 billion current LCU | 285.83 billion current LCU | 5 |
Countries ranked near New Caledonia
- 96 Netherlands 233.77 billion current LCU compare
- 97 Afghanistan 215.62 billion current LCU compare
- 98 Nicaragua 209.78 billion current LCU compare
- 100 Mauritania 206.00 billion current LCU compare
- 101 Singapore 177.54 billion current LCU compare
- 102 Central African Republic 166.01 billion current LCU compare
More economy & growth data for New Caledonia
- Gross national expenditure 9.58 billion current US$ (2024)
- Industry (including construction), value added 22.3% (2019)
- Households and NPISHs final consumption expenditure 65.7% (2024)
- Final consumption expenditure 7.69 billion current US$ (2024)
- Final consumption expenditure 848.39 billion current LCU (2024)
- Final consumption expenditure 90.0% (2024)
- Gross national expenditure 112.1% (2024)
- Exports of goods and services 110.28 billion current LCU (2024)
- Exports of goods and services 999.77 million current US$ (2024)
- Services, value added 6.18 billion current US$ (2019)
Frequently asked questions
- What is gross capital formation in New Caledonia?
- Gross capital formation in New Caledonia was 208.58 billion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in New Caledonia?
- The highest recorded value was 369.75 billion current LCU in 2011.
- What is the lowest gross capital formation recorded in New Caledonia?
- The lowest recorded value was 16.40 billion current LCU in 1981.
- How does New Caledonia rank for gross capital formation?
- New Caledonia ranks 99th out of 186 countries with data for 2024.
- Is gross capital formation rising or falling in New Caledonia?
- Over the last ten years it is down 38.7%. The long-run trend across the full record is volatile.
- Where does this New Caledonia data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (current LCU). Statizoid updates them automatically from the source API.
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About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. 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.