New Caledonia: Gross savings (% of GDP)

Key figures

What the numbers say

In 2016, New Caledonia's gross savings (% of GDP) fell 0.59 percentage points on 2015 (from 19.92% to 19.33%).

Across the 13 yearly changes before that (2003 to 2015), the average change was +0.01 percentage points and a typical year strayed about 3.86 percentage points from that (the standard deviation). This year's change was 0.2 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 5.33 percentage points in 2007 and the biggest yearly fall was 8.03 percentage points in 2008. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2007 to 2016 the straight-line trend is downward, about 0.95 percentage points a year. A straight line explains 56% 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

See how every economy compares in the full ranking.

Closest to New Caledonia in the 2016 ranking

• French Polynesia — 1st of 4: 23.29%
• Lao PDR — 3rd of 4: 17.64%
• Yemen, Rep. — 4th of 4: -4.51%

What this measures

Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. 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.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 15 values

Gross savings (% of GDP) in nearby economies

• Australia — 22.15% (2025)
• Brunei Darussalam — 45.33% (2025)
• Cambodia — 39.09% (2025)
• China — 42.72% (2024)
• Fiji — 13.06% (2024)
• French Polynesia — 23.29% (2016)
• Hong Kong SAR, China — 30.55% (2025)
• Indonesia — 35.04% (2025)
• Japan — 32.06% (2024)
• Kiribati — 12.85% (2024)
• Korea, Rep. — 35.6% (2025)
• Lao PDR

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

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

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

19.33% in 2016, according to the World Bank (World Development Indicators).

How has it changed since 2002?

It is down 0.42 percentage points from 19.75% in 2002. The highest value was 31.16% in 2007 and the lowest 19.14% in 2013.

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

In 2016, New Caledonia's gross savings (% of GDP) fell 0.59 percentage points on 2015 (from 19.92% to 19.33%). Across the 13 yearly changes before that (2003 to 2015), the average change was +0.01 percentage points and a typical year strayed about 3.86 percentage points from that (the standard deviation). This year's change was 0.2 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Where does this data come from?

The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB).

Source

World Bank, World Development Indicators, indicator NY.GNS.ICTR.ZS, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; 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.

Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.