New Caledonia's net secondary income (net current transfers from abroad) (current LCU) was 65.72 billion in 2023, the latest year in the World Bank's World Development Indicators. That is up 47.89% from 44.44 billion in 2013 (3.99% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 65.72 billion | 2023 |
| Five years earlier | 51.35 billion | 2018 |
| Ten years earlier | 44.44 billion | 2013 |
| Highest | 84.41 billion | 2021 |
| Lowest | 32.64 billion | 2001 |
| Average since 2014 | 56.67 billion | 2014–2023 |
| First recorded | 33.67 billion |
What the numbers say
In 2023, New Caledonia's net secondary income (net current transfers from abroad) (current LCU) rose 3.7% on 2022 (from 63.37 billion to 65.72 billion).
Across the 22 yearly changes before that (2001 to 2022), the average change was +4.4% and a typical year strayed about 17.2% from that (the standard deviation). This year's change was 0.0 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 39.3% in 2007 and the biggest yearly fall was 41.1% 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 2014 to 2023 the straight-line trend is upward, about 4.3 billion 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 2023 ranking
- Switzerland — 2nd of 2: -20.61 billion
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 series is expressed in local currency units.
All 24 values
| Year | Net secondary income (net current transfers from abroad) (current LCU) |
|---|---|
| 2023 | 65,723,000,000 |
| 2022 | 63,368,000,000 |
| 2021 | 84,412,000,000 |
| 2020 | 70,832,000,000 |
| 2019 | 68,092,000,000 |
| 2018 | 51,351,000,000 |
| 2017 | 41,249,000,000 |
| 2016 | 40,144,000,000 |
| 2015 | 41,057,000,000 |
| 2014 | 40,500,000,000 |
Net secondary income (net current transfers from abroad) (current LCU) in nearby economies
- Australia — -521 million (2025)
- Brunei Darussalam — -939.28 million (2025)
- Cambodia — 9.94 trillion (2025)
- China — 157.71 billion (2025)
- Fiji — 1.13 billion (2025)
- French Polynesia — 65.57 billion (2024)
- Hong Kong SAR, China — -23.47 billion (2025)
- Indonesia — 110.72 trillion (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 (net current transfers from abroad) (current LCU)?
- 65.72 billion in 2023, according to the World Bank (World Development Indicators).
- How has it changed since 2000?
- It is up 95.2% from 33.67 billion in 2000 (2.95% a year on average, compounded). The highest value was 84.41 billion in 2021 and the lowest 32.64 billion in 2001.
- Is the latest change in net secondary income (net current transfers from abroad) (current LCU) unusual for New Caledonia?
- In 2023, New Caledonia's net secondary income (net current transfers from abroad) (current LCU) rose 3.7% on 2022 (from 63.37 billion to 65.72 billion). Across the 22 yearly changes before that (2001 to 2022), the average change was +4.4% and a typical year strayed about 17.2% from that (the standard deviation). This year's change was 0.0 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NY.TRF.NCTR.CN, 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.
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