Gross capital formation in New Caledonia
New Caledonia: Gross capital formation was 1.89 billion current US$ 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 US$.
Analysis
The most recent figure for gross capital formation in New Caledonia is 1.89 billion current US$, measured in 2024.
Compared with earlier readings it is down 24.3% on the previous year and down 50.1% over ten years.
Over the whole period, gross capital formation in New Caledonia peaked at 4.31 billion current US$ in 2011 and was at its lowest, 115.80 million current US$, in 1984.
New Caledonia ranks 147th of 186 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 159.09 million current US$ | 115.80 million current US$ | 250.94 million current US$ | 6 |
| 1990s | 788.78 million current US$ | 756.30 million current US$ | 815.79 million current US$ | 3 |
| 2000s | 1.97 billion current US$ | 755.82 million current US$ | 3.75 billion current US$ | 10 |
| 2010s | 3.37 billion current US$ | 2.55 billion current US$ | 4.31 billion current US$ | 10 |
| 2020s | 2.43 billion current US$ | 1.89 billion current US$ | 2.64 billion current US$ | 5 |
Countries ranked near New Caledonia
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 1.89 billion current US$ 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 4.31 billion current US$ in 2011.
- What is the lowest gross capital formation recorded in New Caledonia?
- The lowest recorded value was 115.80 million current US$ in 1984.
- How does New Caledonia rank for gross capital formation?
- New Caledonia ranks 147th 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 50.1%. 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 US$). 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 indicator is expressed in United States dollars.