New Caledonia's net secondary income (current US$, BoP) was US$330.89 million in 2016, the latest year in the World Bank's World Development Indicators. That is down 22.71% from US$428.13 million in 2006 (2.54% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$330.89 million | 2016 |
| Five years earlier | US$697.91 million | 2011 |
| Ten years earlier | US$428.13 million | 2006 |
| Highest | US$697.91 million | 2011 |
| Lowest | US$300.21 million | 2002 |
| Average since 2007 | US$492.94 million | 2007–2016 |
| First recorded | US$300.21 million |
What the numbers say
In 2016, New Caledonia's net secondary income (current US$, BoP) rose 9.9% on 2015 (from US$301.18 million to US$330.89 million).
Across the 13 yearly changes before that (2003 to 2015), the average change was +2.9% and a typical year strayed about 22.3% from that (the standard deviation). This year's change was 0.3 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 33.1% in 2007 and the biggest yearly fall was 52.2% in 2012. 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 US$46.08 million a year. A straight line explains 67% 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.
Closest to New Caledonia in the 2016 ranking
- Yemen, Rep. — 1st of 3: US$5.26 billion
- French Polynesia — 2nd of 3: US$531.65 million
What this measures
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Limitations: Discrepancies may arise in the balance of payments because there is no single source for balance of payments data and therefore no way to ensure that the data are fully consistent. Sources include customs data, monetary accounts of the banking system, external debt records, information provided by enterprises, surveys to estimate service transactions, and foreign exchange records. Differences in collection methods - such as in timing, definitions of residence and ownership, and the exchange rate used to value transactions - contribute to net errors and omissions. In addition, smuggling and other illegal or quasi-legal transactions may be unrecorded or misrecorded.
All 15 values
| Year | Net secondary income (current US$, BoP) |
|---|---|
| 2016 | 330,890,651 |
| 2015 | 301,184,039 |
| 2014 | 312,658,806 |
| 2013 | 407,030,000 |
| 2012 | 333,332,460 |
| 2011 | 697,908,592 |
| 2010 | 628,485,291 |
| 2009 | 670,879,059 |
| 2008 | 676,963,821 |
| 2007 | 570,023,964 |
| 2006 |
Net secondary income (current US$, BoP) in nearby economies
- Australia — −US$1.1 billion (2025)
- Brunei Darussalam — −US$718.16 million (2025)
- Cambodia — US$2.44 billion (2025)
- China — US$22.12 billion (2025)
- Fiji — US$510.04 million (2024)
- French Polynesia — US$531.65 million (2016)
- Hong Kong SAR, China — −US$3.01 billion (2025)
- Indonesia — US$6.72 billion (2025)
- Japan — −US$37.35 billion (2025)
- Kiribati — US$98.25 million (2025)
More economic policy & debt data for New Caledonia
- GNI (current US$) — 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$275.91 million (2024)
- Net primary income (net income from abroad) (current LCU) — 30.43 billion (2024)
- Adjusted savings, education expenditure (% of GNI)
Reading data like this
Questions people ask
- What is New Caledonia's net secondary income (current US$, BoP)?
- US$330.89 million in 2016, according to the World Bank (World Development Indicators).
- How has it changed since 2002?
- It is up 10.22% from US$300.21 million in 2002 (0.7% a year on average, compounded). The highest value was US$697.91 million in 2011 and the lowest US$300.21 million in 2002.
- Is the latest change in net secondary income (current US$, BoP) unusual for New Caledonia?
- In 2016, New Caledonia's net secondary income (current US$, BoP) rose 9.9% on 2015 (from US$301.18 million to US$330.89 million). Across the 13 yearly changes before that (2003 to 2015), the average change was +2.9% and a typical year strayed about 22.3% from that (the standard deviation). This year's change was 0.3 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.TRF.CURR.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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