New Caledonia's net financial account (BoP, current US$) was −US$860.12 million in 2016, the latest year in the World Bank's World Development Indicators. That is down 79.32% from −US$479.66 million in 2006.
Key figures
| Value | Year | |
|---|---|---|
| Latest | −US$860.12 million | 2016 |
| Five years earlier | −US$1.29 billion | 2011 |
| Ten years earlier | −US$479.66 million | 2006 |
| Highest | US$195.56 million | 2004 |
| Lowest | −US$2.11 billion | 2012 |
| Average since 2007 | −US$1.22 billion | 2007–2016 |
| First recorded | −US$175.27 million |
What the numbers say
In 2016, New Caledonia's net financial account (BoP, current US$) rose US$260.91 million on 2015 (from −US$1.12 billion to −US$860.12 million).
Across the 13 yearly changes before that (2003 to 2015), the average change was −US$72.75 million and a typical year strayed about US$566.62 million from that (the standard deviation). This year's change was 0.6 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 US$593.23 million in 2014 and the biggest yearly fall was US$1.26 billion 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 there is no clear straight-line trend: a straight line explains 15% 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 3: US$374.02 million
- Yemen, Rep. — 3rd of 3: −US$1.16 billion
What this measures
The net financial account shows net acquisition and disposal of financial assets and liabilities. It measures how net lending to or borrowing from nonresidents is financed, and is conceptually equal to the sum of the balances on the current and capital accounts. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 15 values
| Year | Net financial account (BoP, current US$) |
|---|---|
| 2016 | -860,122,379 |
| 2015 | -1,121,029,149 |
| 2014 | -1,437,956,769 |
| 2013 | -2,031,186,860 |
| 2012 | -2,108,982,053 |
| 2011 | -1,287,126,181 |
| 2010 | -1,279,422,812 |
| 2009 | -728,178,862 |
| 2008 | -1,286,475,254 |
| 2007 | -21,878,300 |
Net financial account (BoP, current US$) in nearby economies
- Australia — −US$60.25 billion (2025)
- Brunei Darussalam — US$2.14 billion (2025)
- Cambodia — −US$311.96 million (2025)
- China — US$773.33 billion (2025)
- Fiji — −US$424.17 million (2024)
- French Polynesia — US$374.02 million (2016)
- Hong Kong SAR, China — US$71.08 billion (2025)
- Indonesia — −US$3.38 billion (2025)
- Japan — US$199.29 billion (2025)
- Kiribati — −US$35.3 million (2025)
More economic policy & debt data for New Caledonia
- GNI (current US$) — 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$275.91 million (2024)
- Net primary income (net income from abroad) (current LCU) — 30.43 billion (2024)
- Adjusted savings, education expenditure (% of GNI)
Reading data like this
Questions people ask
- What is New Caledonia's net financial account (BoP, current US$)?
- −US$860.12 million in 2016, according to the World Bank (World Development Indicators).
- How has it changed since 2002?
- It is down 390.73% from −US$175.27 million in 2002. The highest value was US$195.56 million in 2004 and the lowest −US$2.11 billion in 2012.
- Is the latest change in net financial account (BoP, current US$) unusual for New Caledonia?
- In 2016, New Caledonia's net financial account (BoP, current US$) rose US$260.91 million on 2015 (from −US$1.12 billion to −US$860.12 million). Across the 13 yearly changes before that (2003 to 2015), the average change was −US$72.75 million and a typical year strayed about US$566.62 million from that (the standard deviation). This year's change was 0.6 standard deviations above 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?
Source
World Bank, World Development Indicators, indicator BN.FIN.TOTL.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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