Economy of New Caledonia
Population: 0.28 M (2018)
GDP per Capita:
0 M.

GDP USD

()

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0 M.

EXPORTS USD

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0 M.

IMPORTS USD

()

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%

PUBLIC DEBT

()

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Data is provided by World Bank, FMI and Central Banks.

GDP and Economic Growth

Indicator Value
Economic Growth 2.10 % (2000)
GDP of 2010 USD New Caledonia
GDP Current USD USD 2.68 B. (2000)
GDP per Capita Current USD USD 12,580 (2000)
GDP per capita, PPP New Caledonia
GDP per Capita, 2010 USD New Caledonia

Government spending and balances

Indicator Value
Government Spending % GDP
Government Spending
Government Debt % GDP % ()

International Trade and Investment

Indicator Value
Terms of Trade Base Year 2000 183.20 (2018)
Trade Openness 183.20 (2018)
Exports of Goods and Services % GDP
Exports Goods & Services
Exports Annual Growth 183.20 (2018)
Imports as % GDP 183.20 (2018)
Total Imports
Foreign Direct Investment % GDP
Foreign Direct Investment USD 0.87 B. (2018)
Current Account Balance % GDP USD % (2018)
Current Account Balance USD B. (2018)
Trade Balance % GDP % (2018)
Trade Balance USD B. (2018)
Foreign Exchange Reserves incl Gold
Remittances % GDP
Remittances USD 14 M. (2016)
Balance of Payments USD 99 M. (2011)

Labor Market

Indicator Value
Labor Force 0.14 M. (2019)
Unemployment Rate 13.42 % (2019)
Unemployment Rate Females 14.08 % (2019)
Unemployment Rate Males 11.72 % (2019)
Youth Unemployment (ages 15-24) 35.54 % (2019)
Labor Force Participation Rate 62.45 % (2019)
Labor Force (Percent Female) 45.58 % (2019)
Female Labor Force Participation Rate 57.10 % (2019)
Male Labor Force Participation Rate 67.79 % (2019)
Dependent People 46.88 % (2018)

Agriculture Sector

Indicator Value
Forest Area 45.90 % (2016)
Forest Area km² 8,390 km² (2016)
Agricultural Land 10.08 % (2016)
Agricultural Land km² 1,842 km² (2016)
Employment 2.49 % (2019)
Value added % GDP
Agriculture Value added
Crop Production Index 96.90 (2016)
Precipitation
Arable Land 0 % (2016)
Cereal Yield 7,849 kg/hectare (2017)
Food production index 106 (2016)
Rural Population 29 % (2018)
Fertilizer use of Arable Land 238 kg/hectare (2016)
Livestock Production Index 109 (2016)
Economy of New Caledonia

According to the World Bank and its latest published data, the economy of the New Caledonia presents a growth rate of 2.10 % (2000) to the previous year.

With a population that reaches 0.28 M (2018) and a gross domestic product of USD 2.68 B. (2000), it translates a Gross Domestic Product per Capita of USD 12,580 placing its inhabitants on the threshold of an High-income country (according to the World Bank's updated classification).

New Caledonia also has a workforce of 0.14 M. (2019) with an unemployment rate of 13.42 % (2019), where women represent 14.08 % (2019) and men 11.72 % (2019), the unemployment rate for young people between 15-24 years old stood at 35.54 % (2019). The total number of dependent people stands at 46.88 % (2018).

The central government spent of its gross domestic product that year, which in absolute terms is . Its consolidated public debt reached of its GDP, not exceeding the 35% risk limit used by the European Union.

Regarding its international trade, New Caledonia exported , which represents of its gross domestic product, in that same sense its imports reached with a direct foreign investment of USD 0.87 B. (2018).

New Caledonia has a forest area of 8,390 km² (2016), which represents 45.90 % (2016) of its total area, an average rainfall of per year and a population of 29 % (2018) living in rural areas. With a total area of 1,842 km² (2016) available for agriculture and 2.49 % (2019) of its employments, the agricultural sector contributes to the economy of the New Caledonia about ( of its GDP).