New Caledonia: Gross national expenditure (% of GDP)

Key figures

What the numbers say

In 2024, New Caledonia's gross national expenditure (% of GDP) rose 3.42 percentage points on 2023 (from 108.66% to 112.09%).

Across the 25 yearly changes before that (1999 to 2023), the average change was −0.47 percentage points and a typical year strayed about 4.28 percentage points from that (the standard deviation). This year's change was 0.9 standard deviations above 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 13.4 percentage points in 2008 and the biggest yearly fall was 6.07 percentage points in 2004. 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 the straight-line trend is downward, about 1.42 percentage points a year. A straight line explains 80% of the movement over 10 observed years.

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 37 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

• Solomon Islands — 10th of 37: 127.56%
• Vanuatu — 11th of 37: 122.69%
• Bhutan — 12th of 37: 116.37%
• Fiji — 14th of 37: 110.15%
• Albania — 15th of 37: 106.89%
• Zimbabwe — 16th of 37: 105.43%

What this measures

Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. 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

Gross national expenditure (% of GDP) in nearby economies

• Australia — 99.46% (2025)
• Brunei Darussalam — 80.25% (2025)
• Cambodia — 95.43% (2025)
• China — 97.16% (2024)
• Fiji — 110.15% (2024)
• French Polynesia — 127.62% (2024)
• Hong Kong SAR, China — 97.13% (2025)
• Indonesia — 93.38% (2025)
• Japan — 100.89% (2024)
• Kiribati — 192.74% (2024)
• Korea, 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

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Questions people ask

What is New Caledonia's gross national expenditure (% of GDP)?

112.09% in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1990?

It is down 6.01 percentage points from 118.1% in 1990. The highest value was 130.81% in 2008 and the lowest 107.97% in 2022.

How does New Caledonia rank?

13th highest of 37 economies with data for 2024.

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

In 2024, New Caledonia's gross national expenditure (% of GDP) rose 3.42 percentage points on 2023 (from 108.66% to 112.09%). Across the 25 yearly changes before that (1999 to 2023), the average change was −0.47 percentage points and a typical year strayed about 4.28 percentage points from that (the standard deviation). This year's change was 0.9 standard deviations above 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 NE.DAB.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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