New Caledonia: Households and NPISHs final consumption expenditure (% of GDP)

Key figures

What the numbers say

In 2024, New Caledonia's households and NPISHs final consumption expenditure (% of GDP) rose 3.77 percentage points on 2023 (from 61.91% to 65.68%).

Across the 30 yearly changes before that (1982 to 2023), the average change was −0.3 percentage points and a typical year strayed about 2.69 percentage points from that (the standard deviation). This year's change was 1.5 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.

On record, the biggest yearly rise was 7.6 percentage points in 2008 and the biggest yearly fall was 4.53 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 18th 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

• Bolivia — 14th of 36: 69.63%
• Marshall Islands — 15th of 36: 69.48%
• United States — 16th of 36: 67.91%
• Bahamas, The — 18th of 36: 64.3%
• Belize — 19th of 36: 64.29%
• Eswatini — 20th of 36: 63.49%

What this measures

This field includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. 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.

Limitations: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Household final consumption expenditure is often estimated as a residual, by subtracting all other known expenditures from GDP. The resulting aggregate may incorporate fairly large discrepancies.

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

All 34 values

Households and NPISHs final consumption expenditure (% of GDP) in nearby economies

• American Samoa — 71.3% (2022)
• Australia — 51.85% (2025)
• Brunei Darussalam — 29.31% (2025)
• Cambodia — 58.25% (2025)
• China — 39.97% (2024)
• Fiji — 70.38% (2024)
• French Polynesia — 73.7% (2024)
• Guam — 59.91% (2022)
• Hong Kong SAR, China

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 households and NPISHs final consumption expenditure (% of GDP)?

65.68% in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1981?

It is up 6.26 percentage points from 59.42% in 1981. The highest value was 77.3% in 1990 and the lowest 54.78% in 1985.

How does New Caledonia rank?

18th highest of 36 economies with data for 2024.

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

In 2024, New Caledonia's households and NPISHs final consumption expenditure (% of GDP) rose 3.77 percentage points on 2023 (from 61.91% to 65.68%). Across the 30 yearly changes before that (1982 to 2023), the average change was −0.3 percentage points and a typical year strayed about 2.69 percentage points from that (the standard deviation). This year's change was 1.5 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.

Source

World Bank, World Development Indicators, indicator NE.CON.PRVT.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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