New Caledonia's adjusted savings, net forest depletion (current US$) was US$1.24 million in 2021, the latest year in the World Bank's World Development Indicators. That is up 6.07% from US$1.17 million in 2011 (0.59% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$1.24 million | 2021 |
| Five years earlier | US$1.17 million | 2016 |
| Ten years earlier | US$1.17 million | 2011 |
| Highest | US$1.57 million | 2017 |
| Lowest | US$95,462 | 1970 |
| Average since 2012 | US$1.22 million | 2012–2021 |
| First recorded | US$95,462 |
What the numbers say
In 2021, New Caledonia's adjusted savings, net forest depletion (current US$) rose 3.5% on 2020 (from US$1.2 million to US$1.24 million).
Across the 30 yearly changes before that (1991 to 2020), the average change was +5.9% and a typical year strayed about 19.2% from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 78.1% in 1971 and the biggest yearly fall was 32.1% in 1984. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2012 to 2021 there is no clear straight-line trend: a straight line explains 6% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2021, New Caledonia had the 91st highest value of the 183 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to New Caledonia in the 2021 ranking
- Timor-Leste — 87th of 183: US$1.95 million
- Seychelles — 88th of 183: US$1.75 million
- Bahamas, The — 89th of 183: US$1.65 million
- Oman — 91st of 183: US$1.2 million
- Singapore — 92nd of 183: US$718,503
- Barbados — 93rd of 183: US$572,854
What this measures
Net forest depletion is calculated as the product of unit resource rents and the excess of roundwood harvest over natural growth. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 52 values
| Year | Adjusted savings, net forest depletion (current US$) |
|---|---|
| 2021 | 1,241,758 |
| 2020 | 1,199,791 |
| 2019 | 1,153,826 |
| 2018 | 1,225,462 |
| 2017 | 1,571,613 |
| 2016 | 1,171,375 |
| 2015 | 1,119,881 |
| 2014 | 1,348,498 |
| 2013 | 1,069,195 |
| 2012 | 1,105,943 |
| 2011 |
Adjusted savings, net forest depletion (current US$) in nearby economies
- Australia — US$1.91 billion (2021)
- Brunei Darussalam — US$6.84 million (2021)
- Cambodia — US$0 (2021)
- China — US$0 (2021)
- Fiji — US$48.41 million (2021)
- French Polynesia — US$216,160 (2021)
- Indonesia — US$0 (2021)
- Japan — US$0 (2021)
- Kiribati — US$90,059 (2021)
- Korea, Dem. People's Rep.
More economic policy & debt data for New Caledonia
- GNI (current US$) — US$8.82 billion (2024)
- GNI (current LCU) — 973.43 billion (2024)
- GNI per capita (current LCU) — 3.33 million (2024)
- GDP (current US$) — US$8.55 billion (2024)
- GDP (current LCU) — 943 billion (2024)
- GDP per capita (current US$) — US$29,213 (2024)
- GDP per capita (current LCU) — 3.22 million (2024)
- Net primary income (net income from abroad) (current US$) — US$275.91 million (2024)
- Net primary income (net income from abroad) (current LCU) — 30.43 billion (2024)
- Adjusted savings, education expenditure (% of GNI)
Reading data like this
Questions people ask
- What is New Caledonia's adjusted savings, net forest depletion (current US$)?
- US$1.24 million in 2021, according to the World Bank (World Development Indicators).
- How has it changed since 1970?
- It is up 1,201% from US$95,462 in 1970 (5.16% a year on average, compounded). The highest value was US$1.57 million in 2017 and the lowest US$95,462 in 1970.
- How does New Caledonia rank?
- 91st highest of 183 economies with data for 2021.
- Is the latest change in adjusted savings, net forest depletion (current US$) unusual for New Caledonia?
- In 2021, New Caledonia's adjusted savings, net forest depletion (current US$) rose 3.5% on 2020 (from US$1.2 million to US$1.24 million). Across the 30 yearly changes before that (1991 to 2020), the average change was +5.9% and a typical year strayed about 19.2% from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NY.ADJ.DFOR.CD, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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