New Caledonia: Net capital account (BoP, current US$)

Key figures

What the numbers say

In 2016, New Caledonia's net capital account (BoP, current US$) fell US$15.03 million on 2015 (from US$2.82 million to −US$12.21 million).

Across the 13 yearly changes before that (2003 to 2015), the average change was +US$389,175 and a typical year strayed about US$4.09 million from that (the standard deviation). This year's change was 3.8 standard deviations below that average, so it was unusually large compared with the rest of the record.

On record, the biggest yearly rise was US$4.76 million in 2009 and the biggest yearly fall was US$15.03 million in 2016. 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 there is no clear straight-line trend: a straight line explains 7% 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.

Closest to New Caledonia in the 2016 ranking

• French Polynesia — 1st of 2: −US$3.35 million

What this measures

Net capital account records acquisitions and disposals of nonproduced nonfinancial assets, such as land sold to embassies and sales of leases and licenses, as well as capital transfers, including government debt forgiveness. The use of the term capital account in this context is designed to be consistent with the System of National Accounts, which distinguishes between capital transactions and financial transactions. 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 15 values

Net capital account (BoP, current US$) in nearby economies

• Australia — −US$2.49 billion (2025)
• Cambodia — US$187.74 million (2025)
• China — −US$188.48 million (2025)
• Fiji — US$3.43 million (2024)
• French Polynesia — −US$3.35 million (2016)
• Hong Kong SAR, China — −US$70.97 million (2025)
• Indonesia — US$352.05 million (2025)
• Japan — −US$2.91 billion (2025)
• Kiribati — US$28.79 million (2025)
• Korea, Rep. — US$258 million (2025)

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 net capital account (BoP, current US$)?

−US$12.21 million in 2016, according to the World Bank (World Development Indicators).

How has it changed since 2002?

It is down 445.01% from −US$2.24 million in 2002. The highest value was US$10.98 million in 2014 and the lowest −US$12.21 million in 2016.

Is the latest change in net capital account (BoP, current US$) unusual for New Caledonia?

In 2016, New Caledonia's net capital account (BoP, current US$) fell US$15.03 million on 2015 (from US$2.82 million to −US$12.21 million). Across the 13 yearly changes before that (2003 to 2015), the average change was +US$389,175 and a typical year strayed about US$4.09 million from that (the standard deviation). This year's change was 3.8 standard deviations below that average, so it was unusually large compared with the rest of the record.

Where does this data come from?

The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).

Source

World Bank, World Development Indicators, indicator BN.TRF.KOGT.CD, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) 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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