New Caledonia: Final consumption expenditure (% of GDP)

Key figures

What the numbers say

In 2024, New Caledonia's final consumption expenditure (% of GDP) rose 6.86 percentage points on 2023 (from 83.1% to 89.97%).

Across the 25 yearly changes before that (1999 to 2023), the average change was −0.64 percentage points and a typical year strayed about 3.67 percentage points from that (the standard deviation). This year's change was 2.0 standard deviations above that average, so it was unusually large compared with the rest of the record.

On record, the biggest yearly rise was 9.67 percentage points in 2008 and the biggest yearly fall was 6.53 percentage points in 2007. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 there is no clear straight-line trend: a straight line explains 28% 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 2024, New Caledonia had the 13th highest value of the 36 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 2024 ranking

• Tajikistan — 10th of 36: 103.96%
• Vanuatu — 11th of 36: 96.6%
• Zimbabwe — 12th of 36: 96.58%
• Fiji — 14th of 36: 89.28%
• Ghana — 15th of 36: 87.78%
• Bolivia — 16th of 36: 86.16%

What this measures

Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. 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.

All 28 values

Final consumption expenditure (% of GDP) in nearby economies

• Australia — 75% (2025)
• Brunei Darussalam — 53.12% (2025)
• Cambodia — 63.91% (2025)
• China — 56.68% (2024)
• Fiji — 89.28% (2024)
• French Polynesia — 105.71% (2024)
• Hong Kong SAR, China — 78.78% (2025)
• Indonesia — 62.76% (2025)
• Japan — 73.21% (2024)
• Kiribati — 162.83% (2024)

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

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Questions people ask

What is New Caledonia's final consumption expenditure (% of GDP)?

89.97% in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1990?

It is up 3.27 percentage points from 86.7% in 1990. The highest value was 99.05% in 1998 and the lowest 79.83% in 2007.

How does New Caledonia rank?

13th highest of 36 economies with data for 2024.

Is the latest change in final consumption expenditure (% of GDP) unusual for New Caledonia?

In 2024, New Caledonia's final consumption expenditure (% of GDP) rose 6.86 percentage points on 2023 (from 83.1% to 89.97%). Across the 25 yearly changes before that (1999 to 2023), the average change was −0.64 percentage points and a typical year strayed about 3.67 percentage points from that (the standard deviation). This year's change was 2.0 standard deviations above that average, so it was unusually large compared with the rest of the record.

Source

World Bank, World Development Indicators, indicator NE.CON.TOTL.ZS, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, 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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